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3-bed · 2,290 sqftThe Springs 2, The Springs · completed 2005

S08/TH08, The Springs 2

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH08 · DLD and Ejari recordsUpdated 24 June 2022
Last soldAED 2.9M24 June 2022
Current rentAED 180K /yr11 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH08, The Springs 2

What is S08/TH08 worth today?

Last sold for AED 2,900,000 in 2022

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24 Jun 2022SoldReady
AED 2,900,000AED 1,266 per sqft
24 Jun 2018SoldReady
AED 2,100,000AED 916 per sqft
11 Oct 2016RentedRenewal
AED 180,000/yr12 months · AED 79 per sqft
11 Oct 2015RentedNew contract
AED 185,000/yr12 months · AED 81 per sqft
4 Feb 2015RentedRenewal
AED 173,000/yr12 months · AED 76 per sqft
4 Feb 2014RentedNew contract
AED 160,000/yr12 months · AED 70 per sqft
4 Feb 2013RentedNew contract
AED 160,000/yr12 months · AED 70 per sqft
23 Jul 2007Sold by developerReady
AED 789,888AED 344 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 June 2022.

Key facts

Type
3-bed villa
Size
2,290 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 2.9M · June 2022
Community
The Springs 2

About S08/TH08, The Springs 2

S08/TH08 is a three-bedroom villa of 2,290 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 24 June 2022 for AED 2,900,000, or AED 1,266 per sqft, in line with the AED 1,246 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 11 October 2016, is AED 180,000 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 4,900 a year.

Sales and rents for S08/TH08 over time

Sales
Villa S08/TH08, 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, July 2007: AED 789,888 (AED 344 per sqft)Sold, June 2018: AED 2,100,000 (AED 916 per sqft)Sold, June 2022: AED 2,900,000 (AED 1,266 per sqft)

S08/TH08 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/TH08, 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, February 2013: AED 160,000 a yearNew contract, February 2014: AED 160,000 a yearRenewal, February 2015: AED 173,000 a yearNew contract, October 2015: AED 185,000 a yearRenewal, October 2016: AED 180,000 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/TH08 sits

All 191 3-beds →

S08/TH08 last sold in June 2022 at AED 1,266 per sqft, in line with what three-beds in The Springs 2 were fetching at the time (AED 1,246). S08/TH08's AED 180,000 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 →

S08/TH08, The Springs 2 in numbers

  • Sold 3 times: first on 23 July 2007 for AED 789,888, last on 24 June 2022 for AED 2,900,000 (AED 1,266 per sqft).
  • Rented since February 2013 on 5 Ejari contracts, from AED 160,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2022 price is 6.2%, 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 24 June 2022.

Questions about S08/TH08, The Springs 2

What did villa S08/TH08 last sell for?

AED 2,900,000 on 24 June 2022: AED 1,266 per sqft for 2,290 sqft. The villa has 3 registered sales; the first was AED 789,888 in July 2007.

What is the rent for villa S08/TH08?

AED 180,000 a year on the contract renewed on 11 October 2016. The previous contract, from October 2015, was AED 185,000; the villa has been rented since February 2013.

How big is villa S08/TH08?

2,290 sqft (212.7 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S08/TH08 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/TH08, The Springs 2

Starts from the last sale price (AED 2.9M, 24 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →