3-bed · 2,359 sqftThe Springs 2, The Springs · completed 2005

S09/TH57, The Springs 2

Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH57 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 1M30 October 2008
Current rentAED 255K /yr30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH57, The Springs 2

What is S09/TH57 worth today?

Last sold for AED 1,000,000 in 2008

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30 Sep 2024RentedNew contract
AED 255,000/yr12 months · AED 108 per sqft
10 Sep 2024RentedNew contract
AED 250,000/yr12 months · AED 106 per sqft
1 Oct 2023RentedRenewal
AED 246,667/yr9 months · AED 105 per sqft
1 Oct 2022RentedNew contract
AED 185,000/yr12 months · AED 78 per sqft
6 Apr 2021RentedRenewal
AED 135,000/yr12 months · AED 57 per sqft
6 Apr 2020RentedNew contract
AED 135,000/yr12 months · AED 57 per sqft
4 Apr 2019RentedNew contract
AED 155,000/yr12 months · AED 66 per sqft
4 Apr 2018RentedNew contract
AED 150,000/yr12 months · AED 64 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.

Key facts

Type
3-bed villa
Size
2,359 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 1M · October 2008
Community
The Springs 2

About S09/TH57, The Springs 2

S09/TH57 is a three-bedroom villa of 2,359 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 30 October 2008 for AED 1,000,000, or AED 423 per sqft, 13% above the AED 374 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 30 September 2024, is AED 255,000 a year: a gross yield of 25.5% on the 2008 price, before the service charge of about AED 5,000 a year.

Sales and rents for S09/TH57 over time

Sales
Villa S09/TH57, 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, October 2008: AED 1,000,000 (AED 423 per sqft)

S09/TH57 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S09/TH57, each contractTypical three-bed in The Springs 2
200K20112015201920232027Typical 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, February 2015: AED 200,000 a yearNew contract, January 2016: AED 216,500 a yearRenewal, January 2017: AED 221,200 a yearNew contract, April 2018: AED 150,000 a yearNew contract, April 2019: AED 155,000 a yearNew contract, April 2020: AED 135,000 a yearRenewal, April 2021: AED 135,000 a yearNew contract, October 2022: AED 185,000 a yearRenewal, October 2023: AED 246,667 a yearNew contract, September 2024: AED 255,000 a yearNew contract, September 2024: AED 250,000 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/TH57 sits

All 191 3-beds →

S09/TH57 last sold in October 2008 at AED 423 per sqft, 13% above what three-beds in The Springs 2 were fetching at the time (AED 374). S09/TH57's AED 255,000 is in the upper 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/TH57, The Springs 2 in numbers

  • Sold once: by Emaar on 30 October 2008 for AED 1,000,000, or AED 423 per sqft.
  • Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 200,000 to AED 135,000 in 2021 and recovered to AED 255,000 by September 2024.
  • At AED 255,000 a year the gross yield on the 2008 price is 25.5%, before a service charge of about AED 5,000 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.

Questions about S09/TH57, The Springs 2

What did villa S09/TH57 last sell for?

AED 1,000,000 on 30 October 2008, sold by the developer: AED 423 per sqft for 2,359 sqft. It is the only registered sale of the villa.

What is the rent for villa S09/TH57?

AED 255,000 a year on the contract signed on 30 September 2024. The previous contract, from September 2024, was AED 250,000; the villa has been rented since February 2015.

How big is villa S09/TH57?

2,359 sqft (219.2 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S09/TH57 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/TH57, The Springs 2

Starts from the last sale price (AED 1M, 30 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →