3-bed · 1,145 sqftThe Springs 2, The Springs · completed 2005

S09/TH58, The Springs 2

Sold prices and rental history: sold twice, last in August 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH58 · DLD and Ejari recordsUpdated 2 August 2018
Last soldAED 1.15M2 August 2018
Current rentAED 200K /yr1 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH58, The Springs 2

What is S09/TH58 worth today?

Last sold for AED 1,150,000 in 2018

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2 Aug 2018SoldReady
AED 1,150,000AED 502 per sqft
1 Sep 2017RentedRenewal
AED 200,000/yr12 months · AED 87 per sqft
1 Sep 2016RentedRenewal
AED 200,000/yr12 months · AED 87 per sqft
1 Sep 2015RentedNew contract
AED 200,000/yr12 months · AED 87 per sqft
12 Jul 2014RentedNew contract
AED 175,000/yr12 months · AED 76 per sqft
12 Jul 2013RentedNew contract
AED 175,000/yr12 months · AED 76 per sqft
25 Dec 2007Sold by developerReady
AED 430,444AED 187 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 August 2018.

Key facts

Type
3-bed villa
Size
1,145 sqft
Developer
Emaar
Completed
2005
Service charge
AED 2,400 /yr
Last sold
AED 1.15M · August 2018
Community
The Springs 2

About S09/TH58, The Springs 2

S09/TH58 is a three-bedroom villa of 1,145 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 2 August 2018 for AED 1,150,000, or AED 502 per sqft, 48% below the AED 957 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 September 2017, is AED 200,000 a year: a gross yield of 17.4% on the 2018 price, before the service charge of about AED 2,400 a year.

Sales and rents for S09/TH58 over time

Sales
Villa S09/TH58, 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, December 2007: AED 430,444 (AED 187 per sqft)Sold, August 2018: AED 1,150,000 (AED 502 per sqft)

S09/TH58 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S09/TH58, 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, July 2013: AED 175,000 a yearNew contract, July 2014: AED 175,000 a yearNew contract, September 2015: AED 200,000 a yearRenewal, September 2016: AED 200,000 a yearRenewal, September 2017: AED 200,000 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/TH58 sits

All 191 3-beds →

S09/TH58 last sold in August 2018 at AED 502 per sqft, 48% below what three-beds in The Springs 2 were fetching at the time (AED 957). S09/TH58's AED 200,000 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/TH58, The Springs 2 in numbers

  • Sold twice: first on 25 December 2007 for AED 430,444, last on 2 August 2018 for AED 1,150,000 (AED 502 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 175,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2018 price is 17.4%, before a service charge of about AED 2,400 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 2 August 2018.

Questions about S09/TH58, The Springs 2

What did villa S09/TH58 last sell for?

AED 1,150,000 on 2 August 2018: AED 502 per sqft for 1,145 sqft. The villa has 2 registered sales; the first was AED 430,444 in December 2007.

What is the rent for villa S09/TH58?

AED 200,000 a year on the contract renewed on 1 September 2017. The previous contract, from September 2016, was AED 200,000; the villa has been rented since July 2013.

How big is villa S09/TH58?

1,145 sqft (106.4 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S09/TH58 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/TH58, The Springs 2

Starts from the last sale price (AED 1.15M, 2 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →