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3-bed · 2,229 sqftThe Springs 2, The Springs · completed 2005

S07/TH15, The Springs 2

Sold prices and rental history: sold 3 times, last in January 2015, and rented once, from May 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH15 · DLD and Ejari recordsUpdated 25 January 2015
Last soldAED 3M25 January 2015
Current rentAED 205K /yr6 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH15, The Springs 2

What is S07/TH15 worth today?

Last sold for AED 3,000,000 in 2015

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25 Jan 2015SoldReady
AED 3,000,000AED 1,345 per sqft
6 May 2013RentedNew contract
AED 205,000/yr12 months · AED 92 per sqft
17 Aug 2008Sold by developerReady
AED 878,888AED 394 per sqft
17 Aug 2008SoldReady
AED 3,850,000AED 1,726 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 January 2015.

Key facts

Type
3-bed villa
Size
2,229 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,700 /yr
Last sold
AED 3M · January 2015
Community
The Springs 2

About S07/TH15, The Springs 2

S07/TH15 is a three-bedroom villa of 2,229 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 25 January 2015 for AED 3,000,000, or AED 1,345 per sqft, in line with the AED 1,337 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 6 May 2013. The current contract, signed on 6 May 2013, is AED 205,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 4,700 a year.

Sales and rents for S07/TH15 over time

Sales
Villa S07/TH15, 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 2008: AED 878,888 (AED 394 per sqft)Sold, August 2008: AED 3,850,000 (AED 1,726 per sqft)Sold, January 2015: AED 3,000,000 (AED 1,345 per sqft)

S07/TH15 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S07/TH15, 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 205,000 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/TH15 sits

All 191 3-beds →

S07/TH15 last sold in January 2015 at AED 1,345 per sqft, in line with what three-beds in The Springs 2 were fetching at the time (AED 1,337). S07/TH15's AED 205,000 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 →

S07/TH15, The Springs 2 in numbers

  • Sold 3 times: first on 17 August 2008 for AED 3,850,000, last on 25 January 2015 for AED 3,000,000 (AED 1,345 per sqft).
  • Rented since May 2013 on one Ejari contract, at AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2015 price is 6.8%, 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 25 January 2015.

Questions about S07/TH15, The Springs 2

What did villa S07/TH15 last sell for?

AED 3,000,000 on 25 January 2015: AED 1,345 per sqft for 2,229 sqft. The villa has 3 registered sales; the first was AED 3,850,000 in August 2008.

What is the rent for villa S07/TH15?

AED 205,000 a year on the contract signed on 6 May 2013.

How big is villa S07/TH15?

2,229 sqft (207.1 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S07/TH15 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/TH15, The Springs 2

Starts from the last sale price (AED 3M, 25 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →