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

S08/TH09, The Springs 2

Sold prices and rental history: sold 3 times, last in July 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH09 · DLD and Ejari recordsUpdated 31 July 2018
Last soldAED 2.23M31 July 2018
Current rentAED 160K /yr5 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH09, The Springs 2

What is S08/TH09 worth today?

Last sold for AED 2,230,000 in 2018

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31 Jul 2018SoldReady
AED 2,230,000AED 967 per sqft
5 Nov 2017RentedNew contract
AED 160,000/yr12 months · AED 69 per sqft
13 Sep 2016RentedRenewal
AED 175,000/yr12 months · AED 76 per sqft
13 Sep 2015RentedRenewal
AED 160,000/yr12 months · AED 69 per sqft
13 Sep 2013RentedNew contract
AED 160,000/yr12 months · AED 69 per sqft
1 Sep 2013RentedNew contract
AED 140,000/yr12 months · AED 61 per sqft
1 Sep 2012RentedNew contract
AED 155,000/yr12 months · AED 67 per sqft
18 Jul 2012SoldReady
AED 2,200,000AED 954 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 July 2018.

Key facts

Type
3-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 2.23M · July 2018
Community
The Springs 2

About S08/TH09, The Springs 2

S08/TH09 is a three-bedroom villa of 2,305 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 31 July 2018 for AED 2,230,000, or AED 967 per sqft, in line with the AED 967 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 5 November 2017, is AED 160,000 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 4,900 a year.

Sales and rents for S08/TH09 over time

Sales
Villa S08/TH09, 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 2008: AED 375,444 (AED 162 per sqft)Sold, July 2012: AED 2,200,000 (AED 954 per sqft)Sold, July 2018: AED 2,230,000 (AED 967 per sqft)

S08/TH09 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/TH09, 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, September 2012: AED 155,000 a yearNew contract, September 2013: AED 160,000 a yearNew contract, September 2013: AED 140,000 a yearRenewal, September 2015: AED 160,000 a yearRenewal, September 2016: AED 175,000 a yearNew contract, November 2017: AED 160,000 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/TH09 sits

All 191 3-beds →

S08/TH09 last sold in July 2018 at AED 967 per sqft, in line with what three-beds in The Springs 2 were fetching at the time (AED 967). S08/TH09's AED 160,000 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/TH09, The Springs 2 in numbers

  • Sold 3 times: first on 1 May 2008 for AED 375,444, last on 31 July 2018 for AED 2,230,000 (AED 967 per sqft).
  • Rented since September 2012 on 6 Ejari contracts, from AED 155,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2018 price is 7.2%, 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 31 July 2018.

Questions about S08/TH09, The Springs 2

What did villa S08/TH09 last sell for?

AED 2,230,000 on 31 July 2018: AED 967 per sqft for 2,305 sqft. The villa has 3 registered sales; the first was AED 375,444 in May 2008.

What is the rent for villa S08/TH09?

AED 160,000 a year on the contract signed on 5 November 2017. The previous contract, from September 2016, was AED 175,000; the villa has been rented since September 2012.

How big is villa S08/TH09?

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

What is villa S08/TH09 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/TH09, The Springs 2

Starts from the last sale price (AED 2.23M, 31 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,230,000
Deposit, UAE resident (20%)
AED 446,000
Deposit, non-resident (40%)
AED 892,000
Monthly over 25 years at 3.7%
AED 9,124

Plus AED 98,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →