2-bed · 1,781 sqftThe Springs 2, The Springs · completed 2005

S09/TH31, The Springs 2

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

Villa S09/TH31 · DLD and Ejari recordsUpdated 26 August 2020
Last soldAED 1.4M25 August 2020
Current rentAED 100K /yr26 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH31, The Springs 2

What is S09/TH31 worth today?

Last sold for AED 1,400,000 in 2020

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26 Aug 2020RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
25 Aug 2020SoldReady
AED 1,400,000AED 786 per sqft
20 Sep 2016SoldReady
AED 2,075,000AED 1,165 per sqft
12 Mar 2009Sold by developerReady
AED 1,000,000AED 561 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 August 2020.

Key facts

Type
2-bed villa
Size
1,781 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 1.4M · August 2020
Community
The Springs 2

About S09/TH31, The Springs 2

S09/TH31 is a two-bedroom villa of 1,781 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 25 August 2020 for AED 1,400,000, or AED 786 per sqft, in line with the AED 796 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 26 August 2020. The current contract, signed on 26 August 2020, is AED 100,000 a year: a gross yield of 7.1% on the 2020 price, before the service charge of about AED 3,800 a year.

Sales and rents for S09/TH31 over time

Sales
Villa S09/TH31, 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, March 2009: AED 1,000,000 (AED 561 per sqft)Sold, September 2016: AED 2,075,000 (AED 1,165 per sqft)Sold, August 2020: AED 1,400,000 (AED 786 per sqft)

S09/TH31 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH31, 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 2020: AED 100,000 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/TH31 sits

All 280 2-beds →

S09/TH31 last sold in August 2020 at AED 786 per sqft, in line with what two-beds in The Springs 2 were fetching at the time (AED 796). 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/TH31's AED 100,000 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/TH31, The Springs 2 in numbers

  • Sold 3 times: first on 12 March 2009 for AED 1,000,000, last on 25 August 2020 for AED 1,400,000 (AED 786 per sqft).
  • Rented since August 2020 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 7.1%, before a service charge of about AED 3,800 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 26 August 2020.

Questions about S09/TH31, The Springs 2

What did villa S09/TH31 last sell for?

AED 1,400,000 on 25 August 2020: AED 786 per sqft for 1,781 sqft. The villa has 3 registered sales; the first was AED 1,000,000 in March 2009.

What is the rent for villa S09/TH31?

AED 100,000 a year on the contract signed on 26 August 2020.

How big is villa S09/TH31?

1,781 sqft (165.5 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S09/TH31 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/TH31, The Springs 2

Starts from the last sale price (AED 1.4M, 25 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →