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2-bed · 1,698 sqftThe Springs 2, The Springs · completed 2005

S09/TH05, The Springs 2

Sold prices and rental history: sold once, by the developer in March 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH05 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 500K16 March 2008
Current rentAED 114K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH05, The Springs 2

What is S09/TH05 worth today?

Last sold for AED 499,888 in 2008

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10 May 2024RentedRenewal
AED 114,143/yr12 months · AED 67 per sqft
10 May 2023RentedRenewal
AED 99,255/yr12 months · AED 58 per sqft
10 May 2021RentedRenewal
AED 90,000/yr12 months · AED 53 per sqft
10 May 2020RentedRenewal
AED 90,000/yr12 months · AED 53 per sqft
10 May 2019RentedNew contract
AED 100,000/yr12 months · AED 59 per sqft
15 Oct 2017RentedNew contract
AED 117,000/yr12 months · AED 69 per sqft
20 Sep 2016RentedNew contract
AED 125,000/yr12 months · AED 74 per sqft
16 Mar 2008Sold by developerReady
AED 499,888AED 294 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2024.

Key facts

Type
2-bed villa
Size
1,698 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 500K · March 2008
Community
The Springs 2

About S09/TH05, The Springs 2

S09/TH05 is a two-bedroom villa of 1,698 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 16 March 2008 for AED 499,888, or AED 294 per sqft, 11% below the AED 330 two-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 114,143 a year: a gross yield of 22.8% on the 2008 price, before the service charge of about AED 3,600 a year.

Sales and rents for S09/TH05 over time

Sales
Villa S09/TH05, each saleTypical two-bed in The Springs 2
02M4M2007201220172022Typical sale price by year: 2007 AED 602,694; 2008 AED 907,000; 2009 AED 1,200,000; 2010 AED 1,067,944; 2011 AED 1,180,000; 2012 AED 1,400,000; 2013 AED 2,000,000; 2014 AED 2,207,500; 2015 AED 1,925,000; 2016 AED 1,883,000; 2017 AED 2,175,000; 2018 AED 1,750,000; 2019 AED 1,535,000; 2020 AED 1,403,100; 2021 AED 1,905,000; 2022 AED 1,965,000; 2023 AED 2,350,000; 2024 AED 3,000,000; 2025 AED 3,500,000Sold by developer, March 2008: AED 499,888 (AED 294 per sqft)

S09/TH05 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH05, each contractTypical two-bed in The Springs 2
100K150K20112015201920232027Typical rent by year: 2011 AED 95,000; 2012 AED 100,000; 2013 AED 117,000; 2014 AED 130,000; 2015 AED 140,000; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 95,000; 2022 AED 110,000; 2023 AED 125,000; 2024 AED 155,000; 2025 AED 165,000; 2026 AED 160,000New contract, September 2016: AED 125,000 a yearNew contract, October 2017: AED 117,000 a yearNew contract, May 2019: AED 100,000 a yearRenewal, May 2020: AED 90,000 a yearRenewal, May 2021: AED 90,000 a yearRenewal, May 2023: AED 99,255 a yearRenewal, May 2024: AED 114,143 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in The Springs 2, and where S09/TH05 sits

All 280 2-beds →

S09/TH05 last sold in March 2008 at AED 294 per sqft, 11% below what two-beds in The Springs 2 were fetching at the time (AED 330). Over the last 12 months two-beds sold for AED 3,275,000 to 3,750,000, around AED 2,005 per sqft, and rent for AED 50,000 to 270,000 a year. S09/TH05's AED 114,143 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
10 Feb 20263,275,000
22 Dec 20253,750,000
10 Nov 20253,300,000
7 Nov 20253,300,000
2 2-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 →

S09/TH05, The Springs 2 in numbers

  • Sold once: by Emaar on 16 March 2008 for AED 499,888, or AED 294 per sqft.
  • Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 90,000 in 2021 and recovered to AED 114,143 by May 2024.
  • At AED 114,143 a year the gross yield on the 2008 price is 22.8%, before a service charge of about AED 3,600 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 2 sold for AED 3,275,000–3,750,000 in the 12 months to November 2026; the community's median across all types is AED 2,005 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2024.

Questions about S09/TH05, The Springs 2

What did villa S09/TH05 last sell for?

AED 499,888 on 16 March 2008, sold by the developer: AED 294 per sqft for 1,698 sqft. It is the only registered sale of the villa.

What is the rent for villa S09/TH05?

AED 114,143 a year on the contract renewed on 10 May 2024. The previous contract, from May 2023, was AED 99,255; the villa has been rented since September 2016.

How big is villa S09/TH05?

1,698 sqft (157.7 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S09/TH05 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 2 sold for AED 3,275,000 to 3,750,000 in the last 12 months, around AED 2,005 per sqft.

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Mortgage on S09/TH05, The Springs 2

Starts from the last sale price (AED 500K, 16 March 2008). Switch to today's estimate once you have unlocked it.
Price
AED 499,888
Deposit, UAE resident (20%)
AED 99,978
Deposit, non-resident (40%)
AED 199,955
Monthly over 25 years at 3.7%
AED 2,045

Plus AED 23,906 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →