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3-bed · 2,343 sqftThe Springs 2, The Springs · completed 2005

S06/TH34, The Springs 2

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH34 · DLD and Ejari recordsUpdated 3 June 2021
Last soldAED 2.65M3 June 2021
Current rentAED 160K /yr25 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH34, The Springs 2

What is S06/TH34 worth today?

Last sold for AED 2,650,000 in 2021

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3 Jun 2021SoldReady
AED 2,650,000AED 1,130 per sqft
25 May 2018RentedRenewal
AED 160,000/yr12 months · AED 68 per sqft
25 May 2017RentedRenewal
AED 175,000/yr12 months · AED 75 per sqft
25 May 2016RentedRenewal
AED 175,000/yr12 months · AED 75 per sqft
25 May 2015RentedNew contract
AED 175,000/yr12 months · AED 75 per sqft
25 May 2014RentedNew contract
AED 175,000/yr12 months · AED 75 per sqft
25 May 2013RentedNew contract
AED 175,000/yr12 months · AED 75 per sqft
12 Aug 2007Sold by developerReady
AED 347,944AED 148 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 June 2021.

Key facts

Type
3-bed villa
Size
2,343 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 2.65M · June 2021
Community
The Springs 2

About S06/TH34, The Springs 2

S06/TH34 is a three-bedroom villa of 2,343 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 3 June 2021 for AED 2,650,000, or AED 1,130 per sqft, 32% above the AED 857 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 25 May 2018, is AED 160,000 a year: a gross yield of 6.0% on the 2021 price, before the service charge of about AED 5,000 a year.

Sales and rents for S06/TH34 over time

Sales
Villa S06/TH34, each saleTypical three-bed in The Springs 2
02.5M5M2007201220172022Typical sale price by year: 2007 AED 734,888; 2008 AED 906,888; 2009 AED 1,545,000; 2010 AED 1,225,000; 2011 AED 1,240,000; 2012 AED 2,050,000; 2013 AED 2,570,000; 2014 AED 2,400,000; 2015 AED 2,750,000; 2016 AED 2,800,000; 2017 AED 2,375,000; 2018 AED 2,100,000; 2019 AED 2,050,000; 2020 AED 1,850,000; 2021 AED 2,600,000; 2022 AED 3,235,000; 2023 AED 3,500,000; 2024 AED 4,925,000; 2025 AED 5,350,000Sold by developer, August 2007: AED 347,944 (AED 148 per sqft)Sold, June 2021: AED 2,650,000 (AED 1,130 per sqft)

S06/TH34 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH34, each contractTypical three-bed in The Springs 2
200K20112015201920232027Typical rent by year: 2011 AED 135,000; 2012 AED 147,500; 2013 AED 160,000; 2014 AED 179,250; 2015 AED 180,000; 2016 AED 181,000; 2017 AED 170,000; 2018 AED 159,500; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 134,000; 2022 AED 150,000; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 230,000; 2026 AED 245,000New contract, May 2013: AED 175,000 a yearNew contract, May 2014: AED 175,000 a yearNew contract, May 2015: AED 175,000 a yearRenewal, May 2016: AED 175,000 a yearRenewal, May 2017: AED 175,000 a yearRenewal, May 2018: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in The Springs 2, and where S06/TH34 sits

All 191 3-beds →

S06/TH34 last sold in June 2021 at AED 1,130 per sqft, 32% above what three-beds in The Springs 2 were fetching at the time (AED 857). S06/TH34's AED 160,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
4 Nov 20255,850,000
28 Oct 20255,500,000
19 Sep 20255,750,000
22 Aug 20254,999,000
0 3-bed sales in the last 12 months

The Springs 2

Community

484 villas, 2-bed to 4-bed in The Springs, completed in 2005 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,005
Typical sale
AED 3.51M
Typical rent
AED 190K /yr
Typical yield
4.7%
The Springs 2, The Springs: prices, sales and rents →

S06/TH34, The Springs 2 in numbers

  • Sold twice: first on 12 August 2007 for AED 347,944, last on 3 June 2021 for AED 2,650,000 (AED 1,130 per sqft).
  • Rented since May 2013 on 6 Ejari contracts, from AED 175,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 6.0%, before a service charge of about AED 5,000 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 3 June 2021.

Questions about S06/TH34, The Springs 2

What did villa S06/TH34 last sell for?

AED 2,650,000 on 3 June 2021: AED 1,130 per sqft for 2,343 sqft. The villa has 2 registered sales; the first was AED 347,944 in August 2007.

What is the rent for villa S06/TH34?

AED 160,000 a year on the contract renewed on 25 May 2018. The previous contract, from May 2017, was AED 175,000; the villa has been rented since May 2013.

How big is villa S06/TH34?

2,343 sqft (217.7 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S06/TH34 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on S06/TH34, The Springs 2

Starts from the last sale price (AED 2.65M, 3 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →