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

S09/TH38, The Springs 2

Sold prices and rental history: sold 3 times, last in July 2022, and rented once, from July 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH38 · DLD and Ejari recordsUpdated 29 July 2022
Last soldAED 1.86M29 July 2022
Current rentAED 110K /yr6 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH38, The Springs 2

What is S09/TH38 worth today?

Last sold for AED 1,860,000 in 2022

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29 Jul 2022SoldReady
AED 1,860,000AED 1,140 per sqft
6 Jul 2019RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
2 Mar 2016SoldReady
AED 900,000AED 551 per sqft
22 Jul 2007Sold by developerReady
AED 1,050,608AED 644 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 July 2022.

Key facts

Type
2-bed villa
Size
1,631 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 1.86M · July 2022
Community
The Springs 2

About S09/TH38, The Springs 2

S09/TH38 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 29 July 2022 for AED 1,860,000, or AED 1,140 per sqft, in line with the AED 1,118 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 6 July 2019. The current contract, signed on 6 July 2019, is AED 110,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 3,500 a year.

Sales and rents for S09/TH38 over time

Sales
Villa S09/TH38, 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 2007: AED 1,050,608 (AED 644 per sqft)Sold, March 2016: AED 900,000 (AED 551 per sqft)Sold, July 2022: AED 1,860,000 (AED 1,140 per sqft)

S09/TH38 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH38, 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 2019: AED 110,000 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/TH38 sits

All 280 2-beds →

S09/TH38 last sold in July 2022 at AED 1,140 per sqft, in line with 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/TH38's AED 110,000 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/TH38, The Springs 2 in numbers

  • Sold 3 times: first on 22 July 2007 for AED 1,050,608, last on 29 July 2022 for AED 1,860,000 (AED 1,140 per sqft).
  • Rented since July 2019 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 5.9%, 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 29 July 2022.

Questions about S09/TH38, The Springs 2

What did villa S09/TH38 last sell for?

AED 1,860,000 on 29 July 2022: AED 1,140 per sqft for 1,631 sqft. The villa has 3 registered sales; the first was AED 1,050,608 in July 2007.

What is the rent for villa S09/TH38?

AED 110,000 a year on the contract signed on 6 July 2019.

How big is villa S09/TH38?

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

What is villa S09/TH38 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/TH38, The Springs 2

Starts from the last sale price (AED 1.86M, 29 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,860,000
Deposit, UAE resident (20%)
AED 372,000
Deposit, non-resident (40%)
AED 744,000
Monthly over 25 years at 3.7%
AED 7,610

Plus AED 83,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →