3-bed · 2,216 sqftThe Springs 2, The Springs · completed 2005

S07/TH12, The Springs 2

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH12 · DLD and Ejari recordsUpdated 20 August 2020
Last soldAED 1.3M7 May 2009
Current rentAED 110K /yr20 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH12, The Springs 2

What is S07/TH12 worth today?

Last sold for AED 1,300,000 in 2009

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20 Aug 2020RentedRenewal
AED 110,000/yr12 months · AED 50 per sqft
20 Aug 2019RentedNew contract
AED 130,000/yr12 months · AED 59 per sqft
10 Aug 2018RentedRenewal
AED 155,000/yr12 months · AED 70 per sqft
10 Aug 2017RentedNew contract
AED 155,000/yr12 months · AED 70 per sqft
20 Jun 2016RentedNew contract
AED 190,000/yr12 months · AED 86 per sqft
25 Oct 2015RentedRenewal
AED 276,000/yr6 months · AED 125 per sqft
23 Oct 2014RentedNew contract
AED 198,930/yr12 months · AED 90 per sqft
23 Oct 2013RentedNew contract
AED 198,930/yr12 months · AED 90 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2020.

Key facts

Type
3-bed villa
Size
2,216 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,700 /yr
Last sold
AED 1.3M · May 2009
Community
The Springs 2

About S07/TH12, The Springs 2

S07/TH12 is a three-bedroom villa of 2,216 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 7 May 2009 for AED 1,300,000, or AED 586 per sqft, 33% above the AED 439 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 20 August 2020, is AED 110,000 a year: a gross yield of 8.5% on the 2009 price, before the service charge of about AED 4,700 a year.

Sales and rents for S07/TH12 over time

Sales
Villa S07/TH12, 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, May 2009: AED 1,300,000 (AED 586 per sqft)

S07/TH12 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S07/TH12, each contractTypical three-bed in The Springs 2
100K200K300K20112015201920232027Typical 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, October 2012: AED 150,000 a yearNew contract, October 2013: AED 198,930 a yearNew contract, October 2014: AED 198,930 a yearRenewal, October 2015: AED 276,000 a yearNew contract, June 2016: AED 190,000 a yearNew contract, August 2017: AED 155,000 a yearRenewal, August 2018: AED 155,000 a yearNew contract, August 2019: AED 130,000 a yearRenewal, August 2020: AED 110,000 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 S07/TH12 sits

All 191 3-beds →

S07/TH12 last sold in May 2009 at AED 586 per sqft, 33% above what three-beds in The Springs 2 were fetching at the time (AED 439). S07/TH12's AED 110,000 is at the bottom 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 →

S07/TH12, The Springs 2 in numbers

  • Sold once: by Emaar on 7 May 2009 for AED 1,300,000, or AED 586 per sqft.
  • Rented since October 2012 on 9 Ejari contracts, from AED 150,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2009 price is 8.5%, before a service charge of about AED 4,700 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2020.

Questions about S07/TH12, The Springs 2

What did villa S07/TH12 last sell for?

AED 1,300,000 on 7 May 2009, sold by the developer: AED 586 per sqft for 2,216 sqft. It is the only registered sale of the villa.

What is the rent for villa S07/TH12?

AED 110,000 a year on the contract renewed on 20 August 2020. The previous contract, from August 2019, was AED 130,000; the villa has been rented since October 2012.

How big is villa S07/TH12?

2,216 sqft (205.9 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S07/TH12 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 S07/TH12, The Springs 2

Starts from the last sale price (AED 1.3M, 7 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →