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3-bed · 2,377 sqftThe Springs 2, The Springs · completed 2005

S07/TH17, The Springs 2

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

Villa S07/TH17 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 812K26 December 2007
Current rentAED 155K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH17, The Springs 2

What is S07/TH17 worth today?

Last sold for AED 811,888 in 2007

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1 Jul 2024RentedRenewal
AED 155,000/yr24 months · AED 65 per sqft
1 Jul 2023RentedRenewal
AED 136,500/yr12 months · AED 57 per sqft
1 Jul 2022RentedRenewal
AED 136,500/yr12 months · AED 57 per sqft
1 Jul 2021RentedRenewal
AED 130,000/yr12 months · AED 55 per sqft
15 Jan 2019RentedRenewal
AED 150,000/yr12 months · AED 63 per sqft
15 Jan 2017RentedRenewal
AED 178,720/yr12 months · AED 75 per sqft
15 Jan 2016RentedRenewal
AED 170,210/yr12 months · AED 72 per sqft
15 Jan 2015RentedNew contract
AED 170,210/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Key facts

Type
3-bed villa
Size
2,377 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,100 /yr
Last sold
AED 812K · December 2007
Community
The Springs 2

About S07/TH17, The Springs 2

S07/TH17 is a three-bedroom villa of 2,377 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 26 December 2007 for AED 811,888, or AED 341 per sqft, 10% above the AED 310 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 155,000 a year: a gross yield of 19.1% on the 2007 price, before the service charge of about AED 5,100 a year.

Sales and rents for S07/TH17 over time

Sales
Villa S07/TH17, 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, December 2007: AED 811,888 (AED 341 per sqft)

S07/TH17 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S07/TH17, 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, January 2013: AED 147,368 a yearNew contract, January 2014: AED 162,105 a yearNew contract, January 2015: AED 170,210 a yearRenewal, January 2016: AED 170,210 a yearRenewal, January 2017: AED 178,720 a yearRenewal, January 2019: AED 150,000 a yearRenewal, July 2021: AED 130,000 a yearRenewal, July 2022: AED 136,500 a yearRenewal, July 2023: AED 136,500 a yearRenewal, July 2024: AED 155,000 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/TH17 sits

All 191 3-beds →

S07/TH17 last sold in December 2007 at AED 341 per sqft, 10% above what three-beds in The Springs 2 were fetching at the time (AED 310). S07/TH17's AED 155,000 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/TH17, The Springs 2 in numbers

  • Sold once: by Emaar on 26 December 2007 for AED 811,888, or AED 341 per sqft.
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 147,368 to AED 130,000 in 2021 and recovered to AED 155,000 by July 2024.
  • At AED 155,000 a year the gross yield on the 2007 price is 19.1%, before a service charge of about AED 5,100 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Questions about S07/TH17, The Springs 2

What did villa S07/TH17 last sell for?

AED 811,888 on 26 December 2007, sold by the developer: AED 341 per sqft for 2,377 sqft. It is the only registered sale of the villa.

What is the rent for villa S07/TH17?

AED 155,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 136,500; the villa has been rented since January 2013.

How big is villa S07/TH17?

2,377 sqft (220.8 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S07/TH17 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/TH17, The Springs 2

Starts from the last sale price (AED 812K, 26 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 811,888
Deposit, UAE resident (20%)
AED 162,378
Deposit, non-resident (40%)
AED 324,755
Monthly over 25 years at 3.7%
AED 3,322

Plus AED 39,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →