3-bed · 2,305 sqftThe Springs 2, The Springs · completed 2005

S08/TH01, The Springs 2

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH01 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 839K29 June 2011
Current rentAED 240K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH01, The Springs 2

What is S08/TH01 worth today?

Last sold for AED 838,888 in 2011

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15 Nov 2024RentedNew contract
AED 240,000/yr12 months · AED 104 per sqft
26 Sep 2023RentedNew contract
AED 210,000/yr12 months · AED 91 per sqft
1 Jul 2022RentedNew contract
AED 190,000/yr12 months · AED 82 per sqft
25 Jun 2021RentedRenewal
AED 145,000/yr12 months · AED 63 per sqft
25 Jun 2020RentedRenewal
AED 135,000/yr12 months · AED 59 per sqft
25 Jun 2019RentedRenewal
AED 145,000/yr12 months · AED 63 per sqft
25 Jun 2018RentedNew contract
AED 147,500/yr12 months · AED 64 per sqft
22 May 2016RentedRenewal
AED 173,250/yr12 months · AED 75 per sqft

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

Key facts

Type
3-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 839K · June 2011
Community
The Springs 2

About S08/TH01, The Springs 2

S08/TH01 is a three-bedroom villa of 2,305 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 29 June 2011 for AED 838,888, or AED 363 per sqft, 13% below the AED 416 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 15 November 2024, is AED 240,000 a year: a gross yield of 28.6% on the 2011 price, before the service charge of about AED 4,900 a year.

Sales and rents for S08/TH01 over time

Sales
Villa S08/TH01, 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, June 2011: AED 838,888 (AED 363 per sqft)

S08/TH01 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/TH01, 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 2012: AED 140,000 a yearRenewal, May 2016: AED 173,250 a yearNew contract, June 2018: AED 147,500 a yearRenewal, June 2019: AED 145,000 a yearRenewal, June 2020: AED 135,000 a yearRenewal, June 2021: AED 145,000 a yearNew contract, July 2022: AED 190,000 a yearNew contract, September 2023: AED 210,000 a yearNew contract, November 2024: AED 240,000 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 S08/TH01 sits

All 191 3-beds →

S08/TH01 last sold in June 2011 at AED 363 per sqft, 13% below what three-beds in The Springs 2 were fetching at the time (AED 416). S08/TH01's AED 240,000 is in the upper 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 →

S08/TH01, The Springs 2 in numbers

  • Sold once: by Emaar on 29 June 2011 for AED 838,888, or AED 363 per sqft.
  • Rented since May 2012 on 9 Ejari contracts, from AED 140,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2011 price is 28.6%, before a service charge of about AED 4,900 a year (AED 2.13 per sqft).

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

Questions about S08/TH01, The Springs 2

What did villa S08/TH01 last sell for?

AED 838,888 on 29 June 2011, sold by the developer: AED 363 per sqft for 2,305 sqft. It is the only registered sale of the villa.

What is the rent for villa S08/TH01?

AED 240,000 a year on the contract signed on 15 November 2024. The previous contract, from September 2023, was AED 210,000; the villa has been rented since May 2012.

How big is villa S08/TH01?

2,305 sqft (214.1 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S08/TH01 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 S08/TH01, The Springs 2

Starts from the last sale price (AED 839K, 29 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 838,888
Deposit, UAE resident (20%)
AED 167,778
Deposit, non-resident (40%)
AED 335,555
Monthly over 25 years at 3.7%
AED 3,432

Plus AED 40,244 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →