Home
Dubai prices
About
Research
2-bed · 1,642 sqftThe Springs 2, The Springs · completed 2005

S09/TH23, The Springs 2

Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH23 · DLD and Ejari recordsUpdated 24 December 2020
Last soldAED 1.45M24 December 2020
Current rentAED 130K /yr1 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH23, The Springs 2

What is S09/TH23 worth today?

Last sold for AED 1,450,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Dec 2020SoldReady
AED 1,450,000AED 882 per sqft
1 Dec 2017RentedRenewal
AED 130,000/yr12 months · AED 79 per sqft
1 Dec 2016RentedNew contract
AED 130,000/yr12 months · AED 79 per sqft
1 Jun 2016RentedNew contract
AED 129,640/yr12 months · AED 79 per sqft
17 Sep 2014RentedNew contract
AED 130,000/yr12 months · AED 79 per sqft
26 Aug 2013RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
10 Nov 2009SoldReady
AED 1,490,000AED 907 per sqft
27 Aug 2009Sold by developerReady
AED 1,525,000AED 928 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 December 2020.

Key facts

Type
2-bed villa
Size
1,642 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 1.45M · December 2020
Community
The Springs 2

About S09/TH23, The Springs 2

S09/TH23 is a two-bedroom villa of 1,642 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 24 December 2020 for AED 1,450,000, or AED 882 per sqft, 5% above the AED 843 two-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 1 December 2017, is AED 130,000 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 3,500 a year.

Sales and rents for S09/TH23 over time

Sales
Villa S09/TH23, 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, August 2009: AED 1,525,000 (AED 928 per sqft)Sold, November 2009: AED 1,490,000 (AED 907 per sqft)Sold, December 2020: AED 1,450,000 (AED 882 per sqft)

S09/TH23 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH23, 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, August 2013: AED 95,000 a yearNew contract, September 2014: AED 130,000 a yearNew contract, June 2016: AED 129,640 a yearNew contract, December 2016: AED 130,000 a yearRenewal, December 2017: AED 130,000 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/TH23 sits

All 280 2-beds →

S09/TH23 last sold in December 2020 at AED 882 per sqft, 5% above what two-beds in The Springs 2 were fetching at the time (AED 843). 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/TH23's AED 130,000 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/TH23, The Springs 2 in numbers

  • Sold 3 times: first on 27 August 2009 for AED 1,525,000, last on 24 December 2020 for AED 1,450,000 (AED 882 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 95,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2020 price is 9.0%, before a service charge of about AED 3,500 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 24 December 2020.

Questions about S09/TH23, The Springs 2

What did villa S09/TH23 last sell for?

AED 1,450,000 on 24 December 2020: AED 882 per sqft for 1,642 sqft. The villa has 3 registered sales; the first was AED 1,525,000 in August 2009.

What is the rent for villa S09/TH23?

AED 130,000 a year on the contract renewed on 1 December 2017. The previous contract, from December 2016, was AED 130,000; the villa has been rented since August 2013.

How big is villa S09/TH23?

1,642 sqft (152.5 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S09/TH23 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.

Selling S09/TH23? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S09/TH23, The Springs 2

Starts from the last sale price (AED 1.45M, 24 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →