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3-bed · 2,377 sqftThe Springs 2, The Springs · completed 2005

S09/TH51, The Springs 2

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH51 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 854K22 March 2009
Current rentAED 164K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH51, The Springs 2

What is S09/TH51 worth today?

Last sold for AED 853,888 in 2009

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1 Sep 2024RentedRenewal
AED 164,450/yr12 months · AED 69 per sqft
1 Sep 2023RentedRenewal
AED 143,000/yr12 months · AED 60 per sqft
1 Sep 2022RentedRenewal
AED 143,000/yr12 months · AED 60 per sqft
5 Aug 2020RentedNew contract
AED 110,000/yr12 months · AED 46 per sqft
10 Jan 2019RentedRenewal
AED 140,000/yr12 months · AED 59 per sqft
10 Dec 2017RentedRenewal
AED 156,923/yr13 months · AED 66 per sqft
10 Dec 2016RentedNew contract
AED 170,000/yr12 months · AED 72 per sqft
1 Nov 2015RentedRenewal
AED 73,410/yr24 months · AED 31 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

Type
3-bed villa
Size
2,377 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,100 /yr
Last sold
AED 854K · March 2009
Community
The Springs 2

About S09/TH51, The Springs 2

S09/TH51 is a three-bedroom villa of 2,377 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 22 March 2009 for AED 853,888, or AED 359 per sqft, 15% below the AED 423 three-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 1 September 2024, is AED 164,450 a year: a gross yield of 19.3% on the 2009 price, before the service charge of about AED 5,100 a year.

Sales and rents for S09/TH51 over time

Sales
Villa S09/TH51, each saleTypical three-bed in The Springs 2
02.5M5M2007201220172022Typical sale price by year: 2007 AED 734,888; 2008 AED 906,888; 2009 AED 1,545,000; 2010 AED 1,225,000; 2011 AED 1,240,000; 2012 AED 2,050,000; 2013 AED 2,570,000; 2014 AED 2,400,000; 2015 AED 2,750,000; 2016 AED 2,800,000; 2017 AED 2,375,000; 2018 AED 2,100,000; 2019 AED 2,050,000; 2020 AED 1,850,000; 2021 AED 2,600,000; 2022 AED 3,235,000; 2023 AED 3,500,000; 2024 AED 4,925,000; 2025 AED 5,350,000Sold by developer, March 2009: AED 853,888 (AED 359 per sqft)

S09/TH51 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S09/TH51, each contractTypical three-bed in The Springs 2
100K200K20112015201920232027Typical rent by year: 2011 AED 135,000; 2012 AED 147,500; 2013 AED 160,000; 2014 AED 179,250; 2015 AED 180,000; 2016 AED 181,000; 2017 AED 170,000; 2018 AED 159,500; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 134,000; 2022 AED 150,000; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 230,000; 2026 AED 245,000New contract, November 2013: AED 66,750 a yearRenewal, November 2015: AED 73,410 a yearNew contract, December 2016: AED 170,000 a yearRenewal, December 2017: AED 156,923 a yearRenewal, January 2019: AED 140,000 a yearNew contract, August 2020: AED 110,000 a yearRenewal, September 2022: AED 143,000 a yearRenewal, September 2023: AED 143,000 a yearRenewal, September 2024: AED 164,450 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in The Springs 2, and where S09/TH51 sits

All 191 3-beds →

S09/TH51 last sold in March 2009 at AED 359 per sqft, 15% below what three-beds in The Springs 2 were fetching at the time (AED 423). S09/TH51's AED 164,450 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
4 Nov 20255,850,000
28 Oct 20255,500,000
19 Sep 20255,750,000
22 Aug 20254,999,000
0 3-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/TH51, The Springs 2 in numbers

  • Sold once: by Emaar on 22 March 2009 for AED 853,888, or AED 359 per sqft.
  • Rented since November 2013 on 9 Ejari contracts, from AED 66,750 to AED 164,450 a year.
  • At AED 164,450 a year the gross yield on the 2009 price is 19.3%, before a service charge of about AED 5,100 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Questions about S09/TH51, The Springs 2

What did villa S09/TH51 last sell for?

AED 853,888 on 22 March 2009, sold by the developer: AED 359 per sqft for 2,377 sqft. It is the only registered sale of the villa.

What is the rent for villa S09/TH51?

AED 164,450 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 143,000; the villa has been rented since November 2013.

How big is villa S09/TH51?

2,377 sqft (220.8 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S09/TH51 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on S09/TH51, The Springs 2

Starts from the last sale price (AED 854K, 22 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 853,888
Deposit, UAE resident (20%)
AED 170,778
Deposit, non-resident (40%)
AED 341,555
Monthly over 25 years at 3.7%
AED 3,494

Plus AED 40,874 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →