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2-bed · 1,642 sqftThe Springs 2, The Springs · completed 2005

S09/TH47, The Springs 2

Sold prices and rental history: sold 3 times, last in July 2014, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH47 · DLD and Ejari recordsUpdated 14 July 2014
Last soldAED 2.4M14 July 2014
Current rentAED 128K /yr15 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH47, The Springs 2

What is S09/TH47 worth today?

Last sold for AED 2,400,000 in 2014

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14 Jul 2014SoldReady
AED 2,400,000AED 1,461 per sqft
15 Sep 2013RentedNew contract
AED 127,500/yr12 months · AED 78 per sqft
28 Feb 2013SoldReady
AED 1,740,500AED 1,059 per sqft
3 Nov 2009Sold by developerReady
AED 525,888AED 320 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 July 2014.

Key facts

Type
2-bed villa
Size
1,642 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 2.4M · July 2014
Community
The Springs 2

About S09/TH47, The Springs 2

S09/TH47 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 14 July 2014 for AED 2,400,000, or AED 1,461 per sqft, 15% above the AED 1,274 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 15 September 2013. The current contract, signed on 15 September 2013, is AED 127,500 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 3,500 a year.

Sales and rents for S09/TH47 over time

Sales
Villa S09/TH47, each saleTypical two-bed in The Springs 2
02M4M2007201220172022Typical 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, November 2009: AED 525,888 (AED 320 per sqft)Sold, February 2013: AED 1,740,500 (AED 1,059 per sqft)Sold, July 2014: AED 2,400,000 (AED 1,461 per sqft)

S09/TH47 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH47, 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, September 2013: AED 127,500 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/TH47 sits

All 280 2-beds →

S09/TH47 last sold in July 2014 at AED 1,461 per sqft, 15% above what two-beds in The Springs 2 were fetching at the time (AED 1,274). 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/TH47's AED 127,500 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/TH47, The Springs 2 in numbers

  • Sold 3 times: first on 3 November 2009 for AED 525,888, last on 14 July 2014 for AED 2,400,000 (AED 1,461 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 127,500 a year.
  • At AED 127,500 a year the gross yield on the 2014 price is 5.3%, 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 14 July 2014.

Questions about S09/TH47, The Springs 2

What did villa S09/TH47 last sell for?

AED 2,400,000 on 14 July 2014: AED 1,461 per sqft for 1,642 sqft. The villa has 3 registered sales; the first was AED 525,888 in November 2009.

What is the rent for villa S09/TH47?

AED 127,500 a year on the contract signed on 15 September 2013.

How big is villa S09/TH47?

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

What is villa S09/TH47 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/TH47, The Springs 2

Starts from the last sale price (AED 2.4M, 14 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →