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

S06/TH40, The Springs 2

Sold prices and rental history: sold once, by the developer in September 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH40 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 366K26 September 2007
Current rentAED 165K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH40, The Springs 2

What is S06/TH40 worth today?

Last sold for AED 365,944 in 2007

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15 Jul 2024RentedNew contract
AED 165,000/yr12 months · AED 70 per sqft
15 Jul 2020RentedRenewal
AED 115,000/yr12 months · AED 49 per sqft
15 Jul 2019RentedNew contract
AED 125,000/yr12 months · AED 53 per sqft
9 Jul 2018RentedRenewal
AED 130,000/yr12 months · AED 55 per sqft
9 Jul 2017RentedNew contract
AED 150,000/yr12 months · AED 64 per sqft
1 Jul 2015RentedNew contract
AED 170,000/yr12 months · AED 73 per sqft
1 Jul 2013RentedNew contract
AED 140,000/yr12 months · AED 60 per sqft
26 Sep 2007Sold by developerReady
AED 365,944AED 156 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.

Key facts

Type
3-bed villa
Size
2,343 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 366K · September 2007
Community
The Springs 2

About S06/TH40, The Springs 2

S06/TH40 is a three-bedroom villa of 2,343 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 26 September 2007 for AED 365,944, or AED 156 per sqft, 50% below the AED 310 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 July 2024, is AED 165,000 a year: a gross yield of 45.1% on the 2007 price, before the service charge of about AED 5,000 a year.

Sales and rents for S06/TH40 over time

Sales
Villa S06/TH40, 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, September 2007: AED 365,944 (AED 156 per sqft)

S06/TH40 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH40, each contractTypical three-bed in The Springs 2
100K200K20112015201920232027Typical 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, July 2013: AED 140,000 a yearNew contract, July 2015: AED 170,000 a yearNew contract, July 2017: AED 150,000 a yearRenewal, July 2018: AED 130,000 a yearNew contract, July 2019: AED 125,000 a yearRenewal, July 2020: AED 115,000 a yearNew contract, July 2024: AED 165,000 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/TH40 sits

All 191 3-beds →

S06/TH40 last sold in September 2007 at AED 156 per sqft, 50% below what three-beds in The Springs 2 were fetching at the time (AED 310). S06/TH40's AED 165,000 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/TH40, The Springs 2 in numbers

  • Sold once: by Emaar on 26 September 2007 for AED 365,944, or AED 156 per sqft.
  • Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 115,000 in 2020 and recovered to AED 165,000 by July 2024.
  • At AED 165,000 a year the gross yield on the 2007 price is 45.1%, 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 15 July 2024.

Questions about S06/TH40, The Springs 2

What did villa S06/TH40 last sell for?

AED 365,944 on 26 September 2007, sold by the developer: AED 156 per sqft for 2,343 sqft. It is the only registered sale of the villa.

What is the rent for villa S06/TH40?

AED 165,000 a year on the contract signed on 15 July 2024. The previous contract, from July 2020, was AED 115,000; the villa has been rented since July 2013.

How big is villa S06/TH40?

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

What is villa S06/TH40 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/TH40, The Springs 2

Starts from the last sale price (AED 366K, 26 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 365,944
Deposit, UAE resident (20%)
AED 73,189
Deposit, non-resident (40%)
AED 146,378
Monthly over 25 years at 3.7%
AED 1,497

Plus AED 18,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →