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3-bed · 2,228 sqftThe Springs 2, The Springs · completed 2005

S09/TH59, The Springs 2

Sold prices and rental history: sold 4 times, last in January 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH59 · DLD and Ejari recordsUpdated 24 January 2024
Last soldAED 4M24 January 2024
Current rentAED 180K /yr26 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH59, The Springs 2

What is S09/TH59 worth today?

Last sold for AED 4,000,000 in 2024

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24 Jan 2024SoldReady
AED 4,000,000AED 1,795 per sqft
5 Jun 2017SoldReady
AED 2,900,000AED 1,301 per sqft
26 Apr 2015RentedNew contract
AED 180,000/yr12 months · AED 81 per sqft
11 Nov 2014RentedNew contract
AED 210,000/yr2 months · AED 94 per sqft
11 Sep 2013RentedNew contract
AED 210,000/yr12 months · AED 94 per sqft
16 Feb 2010SoldReady
AED 2,075,000AED 931 per sqft
26 Dec 2007Sold by developerReady
AED 1,850,000AED 830 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 January 2024.

Key facts

Type
3-bed villa
Size
2,228 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,700 /yr
Last sold
AED 4M · January 2024
Community
The Springs 2

About S09/TH59, The Springs 2

S09/TH59 is a three-bedroom villa of 2,228 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 24 January 2024 for AED 4,000,000, or AED 1,795 per sqft, 13% above the AED 1,582 three-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 26 April 2015, is AED 180,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 4,700 a year.

Sales and rents for S09/TH59 over time

Sales
Villa S09/TH59, 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 1,850,000 (AED 830 per sqft)Sold, February 2010: AED 2,075,000 (AED 931 per sqft)Sold, June 2017: AED 2,900,000 (AED 1,301 per sqft)Sold, January 2024: AED 4,000,000 (AED 1,795 per sqft)

S09/TH59 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S09/TH59, 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, September 2013: AED 210,000 a yearNew contract, November 2014: AED 210,000 a yearNew contract, April 2015: AED 180,000 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/TH59 sits

All 191 3-beds →

S09/TH59 last sold in January 2024 at AED 1,795 per sqft, 13% above what three-beds in The Springs 2 were fetching at the time (AED 1,582). S09/TH59's AED 180,000 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/TH59, The Springs 2 in numbers

  • Sold 4 times: first on 26 December 2007 for AED 1,850,000, last on 24 January 2024 for AED 4,000,000 (AED 1,795 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 210,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 4,700 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 24 January 2024.

Questions about S09/TH59, The Springs 2

What did villa S09/TH59 last sell for?

AED 4,000,000 on 24 January 2024: AED 1,795 per sqft for 2,228 sqft. The villa has 4 registered sales; the first was AED 1,850,000 in December 2007.

What is the rent for villa S09/TH59?

AED 180,000 a year on the contract signed on 26 April 2015. The previous contract, from November 2014, was AED 210,000; the villa has been rented since September 2013.

How big is villa S09/TH59?

2,228 sqft (207.0 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S09/TH59 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/TH59, The Springs 2

Starts from the last sale price (AED 4M, 24 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →