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

S09/TH15, The Springs 2

Sold prices and rental history: sold 3 times, last in February 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH15 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 1.75M19 February 2015
Current rentAED 155K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH15, The Springs 2

What is S09/TH15 worth today?

Last sold for AED 1,750,000 in 2015

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1 Jun 2024RentedNew contract
AED 155,000/yr12 months · AED 91 per sqft
30 Nov 2022RentedRenewal
AED 110,000/yr12 months · AED 65 per sqft
30 Nov 2021RentedNew contract
AED 100,000/yr12 months · AED 59 per sqft
28 Sep 2020RentedNew contract
AED 75,000/yr12 months · AED 44 per sqft
1 May 2019RentedNew contract
AED 100,000/yr12 months · AED 59 per sqft
17 Oct 2017RentedNew contract
AED 130,000/yr12 months · AED 77 per sqft
19 Feb 2015SoldReady
AED 1,750,000AED 1,030 per sqft
22 Jan 2015RentedNew contract
AED 110,000/yr12 months · AED 65 per sqft

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

Key facts

Type
2-bed villa
Size
1,698 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 1.75M · February 2015
Community
The Springs 2

About S09/TH15, The Springs 2

S09/TH15 is a two-bedroom villa of 1,698 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 19 February 2015 for AED 1,750,000, or AED 1,030 per sqft, 19% below the AED 1,268 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 June 2024, is AED 155,000 a year: a gross yield of 8.9% on the 2015 price, before the service charge of about AED 3,600 a year.

Sales and rents for S09/TH15 over time

Sales
Villa S09/TH15, each saleTypical two-bed in The Springs 2
2M4M2007201220172022Typical 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, July 2009: AED 1,720,000 (AED 1,012 per sqft)Sold, December 2012: AED 1,500,000 (AED 883 per sqft)Sold, February 2015: AED 1,750,000 (AED 1,030 per sqft)

S09/TH15 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH15, 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, February 2013: AED 110,000 a yearNew contract, February 2013: AED 120,000 a yearRenewal, February 2014: AED 113,039 a yearNew contract, January 2015: AED 110,000 a yearNew contract, October 2017: AED 130,000 a yearNew contract, May 2019: AED 100,000 a yearNew contract, September 2020: AED 75,000 a yearNew contract, November 2021: AED 100,000 a yearRenewal, November 2022: AED 110,000 a yearNew contract, June 2024: AED 155,000 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/TH15 sits

All 280 2-beds →

S09/TH15 last sold in February 2015 at AED 1,030 per sqft, 19% below what two-beds in The Springs 2 were fetching at the time (AED 1,268). 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/TH15's AED 155,000 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/TH15, The Springs 2 in numbers

  • Sold 3 times: first on 15 July 2009 for AED 1,720,000, last on 19 February 2015 for AED 1,750,000 (AED 1,030 per sqft).
  • Rented since February 2013 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2020 and recovered to AED 155,000 by June 2024.
  • At AED 155,000 a year the gross yield on the 2015 price is 8.9%, 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 1 June 2024.

Questions about S09/TH15, The Springs 2

What did villa S09/TH15 last sell for?

AED 1,750,000 on 19 February 2015: AED 1,030 per sqft for 1,698 sqft. The villa has 3 registered sales; the first was AED 1,720,000 in July 2009.

What is the rent for villa S09/TH15?

AED 155,000 a year on the contract signed on 1 June 2024. The previous contract, from November 2022, was AED 110,000; the villa has been rented since February 2013.

How big is villa S09/TH15?

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

What is villa S09/TH15 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/TH15, The Springs 2

Starts from the last sale price (AED 1.75M, 19 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →