2-bed · 1,698 sqftThe Springs 2, The Springs · completed 2005

S07/TH05, The Springs 2

Sold prices and rental history: sold 3 times, last in February 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH05 · DLD and Ejari recordsUpdated 25 February 2019
Last soldAED 1.51M25 February 2019
Current rentAED 125K /yr25 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH05, The Springs 2

What is S07/TH05 worth today?

Last sold for AED 1,510,000 in 2019

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25 Feb 2019SoldReady
AED 1,510,000AED 889 per sqft
25 Nov 2018RentedNew contract
AED 125,000/yr12 months · AED 74 per sqft
28 Nov 2017RentedNew contract
AED 125,000/yr12 months · AED 74 per sqft
17 Dec 2016RentedRenewal
AED 144,611/yr12 months · AED 85 per sqft
1 Dec 2013RentedNew contract
AED 140,000/yr12 months · AED 82 per sqft
10 Jul 2013RentedNew contract
AED 117,684/yr12 months · AED 69 per sqft
12 Dec 2012SoldReady
AED 1,800,000AED 1,059 per sqft
2 Sep 2007Sold by developerReady
AED 649,888AED 382 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 February 2019.

Key facts

Type
2-bed villa
Size
1,698 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 1.51M · February 2019
Community
The Springs 2

About S07/TH05, The Springs 2

S07/TH05 is a two-bedroom villa of 1,698 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 25 February 2019 for AED 1,510,000, or AED 889 per sqft, in line with the AED 889 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 25 November 2018, is AED 125,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 3,600 a year.

Sales and rents for S07/TH05 over time

Sales
Villa S07/TH05, each saleTypical two-bed in The Springs 2
2M4M2007201220172022Typical sale price by year: 2007 AED 602,694; 2008 AED 907,000; 2009 AED 1,200,000; 2010 AED 1,067,944; 2011 AED 1,180,000; 2012 AED 1,400,000; 2013 AED 2,000,000; 2014 AED 2,207,500; 2015 AED 1,925,000; 2016 AED 1,883,000; 2017 AED 2,175,000; 2018 AED 1,750,000; 2019 AED 1,535,000; 2020 AED 1,403,100; 2021 AED 1,905,000; 2022 AED 1,965,000; 2023 AED 2,350,000; 2024 AED 3,000,000; 2025 AED 3,500,000Sold by developer, September 2007: AED 649,888 (AED 382 per sqft)Sold, December 2012: AED 1,800,000 (AED 1,059 per sqft)Sold, February 2019: AED 1,510,000 (AED 889 per sqft)

S07/TH05 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S07/TH05, each contractTypical two-bed in The Springs 2
100K150K20112015201920232027Typical rent by year: 2011 AED 95,000; 2012 AED 100,000; 2013 AED 117,000; 2014 AED 130,000; 2015 AED 140,000; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 95,000; 2022 AED 110,000; 2023 AED 125,000; 2024 AED 155,000; 2025 AED 165,000; 2026 AED 160,000New contract, July 2013: AED 117,684 a yearNew contract, December 2013: AED 140,000 a yearRenewal, December 2016: AED 144,611 a yearNew contract, November 2017: AED 125,000 a yearNew contract, November 2018: AED 125,000 a year

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

2-beds in The Springs 2, and where S07/TH05 sits

All 280 2-beds →

S07/TH05 last sold in February 2019 at AED 889 per sqft, in line with what two-beds in The Springs 2 were fetching at the time (AED 889). Over the last 12 months two-beds sold for AED 3,275,000 to 3,750,000, around AED 2,005 per sqft, and rent for AED 50,000 to 270,000 a year. S07/TH05's AED 125,000 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
10 Feb 20263,275,000
22 Dec 20253,750,000
10 Nov 20253,300,000
7 Nov 20253,300,000
2 2-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 →

S07/TH05, The Springs 2 in numbers

  • Sold 3 times: first on 2 September 2007 for AED 649,888, last on 25 February 2019 for AED 1,510,000 (AED 889 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 117,684 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2019 price is 8.3%, before a service charge of about AED 3,600 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 2 sold for AED 3,275,000–3,750,000 in the 12 months to November 2026; the community's median across all types is AED 2,005 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 February 2019.

Questions about S07/TH05, The Springs 2

What did villa S07/TH05 last sell for?

AED 1,510,000 on 25 February 2019: AED 889 per sqft for 1,698 sqft. The villa has 3 registered sales; the first was AED 649,888 in September 2007.

What is the rent for villa S07/TH05?

AED 125,000 a year on the contract signed on 25 November 2018. The previous contract, from November 2017, was AED 125,000; the villa has been rented since July 2013.

How big is villa S07/TH05?

1,698 sqft (157.7 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S07/TH05 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 2 sold for AED 3,275,000 to 3,750,000 in the last 12 months, around AED 2,005 per sqft.

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Mortgage on S07/TH05, The Springs 2

Starts from the last sale price (AED 1.51M, 25 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,510,000
Deposit, UAE resident (20%)
AED 302,000
Deposit, non-resident (40%)
AED 604,000
Monthly over 25 years at 3.7%
AED 6,178

Plus AED 68,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →