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2-bed · 1,631 sqftThe Springs 2, The Springs · completed 2005

S09/TH34, The Springs 2

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH34 · DLD and Ejari recordsUpdated 27 September 2022
Last soldAED 1.68M27 September 2022
Current rentAED 130K /yr3 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH34, The Springs 2

What is S09/TH34 worth today?

Last sold for AED 1,675,000 in 2022

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27 Sep 2022SoldReady
AED 1,675,000AED 1,027 per sqft
3 Jul 2022RentedRenewal
AED 130,000/yr9 months · AED 80 per sqft
3 Jul 2021RentedRenewal
AED 130,000/yr12 months · AED 80 per sqft
3 Jul 2020RentedRenewal
AED 130,000/yr12 months · AED 80 per sqft
3 Jul 2018RentedRenewal
AED 130,000/yr12 months · AED 80 per sqft
3 Jul 2017RentedRenewal
AED 140,000/yr12 months · AED 86 per sqft
3 Jul 2016RentedNew contract
AED 140,000/yr12 months · AED 86 per sqft
9 Jul 2015RentedNew contract
AED 140,000/yr12 months · AED 86 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 September 2022.

Key facts

Type
2-bed villa
Size
1,631 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 1.68M · September 2022
Community
The Springs 2

About S09/TH34, The Springs 2

S09/TH34 is a two-bedroom villa of 1,631 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 27 September 2022 for AED 1,675,000, or AED 1,027 per sqft, 8% below the AED 1,118 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 3 July 2022, is AED 130,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 3,500 a year.

Sales and rents for S09/TH34 over time

Sales
Villa S09/TH34, 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 2007: AED 950,280 (AED 582 per sqft)Sold, September 2022: AED 1,675,000 (AED 1,027 per sqft)

S09/TH34 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH34, 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, July 2013: AED 100,000 a yearNew contract, July 2014: AED 110,000 a yearNew contract, July 2015: AED 140,000 a yearNew contract, July 2016: AED 140,000 a yearRenewal, July 2017: AED 140,000 a yearRenewal, July 2018: AED 130,000 a yearRenewal, July 2020: AED 130,000 a yearRenewal, July 2021: AED 130,000 a yearRenewal, July 2022: 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/TH34 sits

All 280 2-beds →

S09/TH34 last sold in September 2022 at AED 1,027 per sqft, 8% below what two-beds in The Springs 2 were fetching at the time (AED 1,118). 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/TH34'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/TH34, The Springs 2 in numbers

  • Sold twice: first on 23 August 2007 for AED 950,280, last on 27 September 2022 for AED 1,675,000 (AED 1,027 per sqft).
  • Rented since July 2013 on 9 Ejari contracts, from AED 100,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 7.8%, 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 27 September 2022.

Questions about S09/TH34, The Springs 2

What did villa S09/TH34 last sell for?

AED 1,675,000 on 27 September 2022: AED 1,027 per sqft for 1,631 sqft. The villa has 2 registered sales; the first was AED 950,280 in August 2007.

What is the rent for villa S09/TH34?

AED 130,000 a year on the contract renewed on 3 July 2022. The previous contract, from July 2021, was AED 130,000; the villa has been rented since July 2013.

How big is villa S09/TH34?

1,631 sqft (151.5 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S09/TH34 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/TH34, The Springs 2

Starts from the last sale price (AED 1.68M, 27 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,675,000
Deposit, UAE resident (20%)
AED 335,000
Deposit, non-resident (40%)
AED 670,000
Monthly over 25 years at 3.7%
AED 6,853

Plus AED 75,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →