3-bed · 2,362 sqftThe Springs 2, The Springs · completed 2005

S09/TH62, The Springs 2

Sold prices and rental history: sold once, by the developer in July 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH62 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 812K15 July 2007
Current rentAED 225K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH62, The Springs 2

What is S09/TH62 worth today?

Last sold for AED 811,888 in 2007

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15 Oct 2023RentedNew contract
AED 225,000/yr12 months · AED 95 per sqft
8 Oct 2022RentedNew contract
AED 195,000/yr12 months · AED 83 per sqft
17 Sep 2021RentedRenewal
AED 140,000/yr12 months · AED 59 per sqft
17 Sep 2020RentedNew contract
AED 140,000/yr12 months · AED 59 per sqft
17 Sep 2019RentedRenewal
AED 157,000/yr12 months · AED 66 per sqft
17 Sep 2018RentedRenewal
AED 167,000/yr12 months · AED 71 per sqft
17 Sep 2016RentedRenewal
AED 185,000/yr12 months · AED 78 per sqft
17 Sep 2015RentedNew contract
AED 185,000/yr12 months · AED 78 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2023.

Key facts

Type
3-bed villa
Size
2,362 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 812K · July 2007
Community
The Springs 2

About S09/TH62, The Springs 2

S09/TH62 is a three-bedroom villa of 2,362 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 15 July 2007 for AED 811,888, or AED 343 per sqft, 6% below the AED 366 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 15 October 2023, is AED 225,000 a year: a gross yield of 27.7% on the 2007 price, before the service charge of about AED 5,000 a year.

Sales and rents for S09/TH62 over time

Sales
Villa S09/TH62, 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, July 2007: AED 811,888 (AED 343 per sqft)

S09/TH62 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S09/TH62, 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, August 2012: AED 155,000 a yearRenewal, August 2013: AED 155,000 a yearNew contract, August 2014: AED 195,000 a yearNew contract, September 2015: AED 185,000 a yearRenewal, September 2016: AED 185,000 a yearRenewal, September 2018: AED 167,000 a yearRenewal, September 2019: AED 157,000 a yearNew contract, September 2020: AED 140,000 a yearRenewal, September 2021: AED 140,000 a yearNew contract, October 2022: AED 195,000 a yearNew contract, October 2023: AED 225,000 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/TH62 sits

All 191 3-beds →

S09/TH62 last sold in July 2007 at AED 343 per sqft, 6% below what three-beds in The Springs 2 were fetching at the time (AED 366). S09/TH62's AED 225,000 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/TH62, The Springs 2 in numbers

  • Sold once: by Emaar on 15 July 2007 for AED 811,888, or AED 343 per sqft.
  • Rented since August 2012 on 11 Ejari contracts, from AED 155,000 to AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2007 price is 27.7%, 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 15 October 2023.

Questions about S09/TH62, The Springs 2

What did villa S09/TH62 last sell for?

AED 811,888 on 15 July 2007, sold by the developer: AED 343 per sqft for 2,362 sqft. It is the only registered sale of the villa.

What is the rent for villa S09/TH62?

AED 225,000 a year on the contract signed on 15 October 2023. The previous contract, from October 2022, was AED 195,000; the villa has been rented since August 2012.

How big is villa S09/TH62?

2,362 sqft (219.4 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S09/TH62 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/TH62, The Springs 2

Starts from the last sale price (AED 812K, 15 July 2007). Switch to today's estimate once you have unlocked it.
Price
AED 811,888
Deposit, UAE resident (20%)
AED 162,378
Deposit, non-resident (40%)
AED 324,755
Monthly over 25 years at 3.7%
AED 3,322

Plus AED 39,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →