2-bed · 1,641 sqftThe Springs 2, The Springs · completed 2005

S10/TH03, The Springs 2

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

Villa S10/TH03 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 553K8 November 2015
Current rentAED 140K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S10/TH03, The Springs 2

What is S10/TH03 worth today?

Last sold for AED 552,888 in 2015

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15 Dec 2024RentedRenewal
AED 140,000/yr12 months · AED 85 per sqft
15 Dec 2023RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
15 Mar 2023RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
15 Mar 2022RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
15 Nov 2021RentedRenewal
AED 75,000/yr12 months · AED 46 per sqft
15 Nov 2020RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
3 Apr 2018RentedNew contract
AED 115,000/yr12 months · AED 70 per sqft
16 Feb 2018RentedNew contract
AED 125,000/yr12 months · AED 76 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2024.

Key facts

Type
2-bed villa
Size
1,641 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 553K · November 2015
Community
The Springs 2

About S10/TH03, The Springs 2

S10/TH03 is a two-bedroom villa of 1,641 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 8 November 2015 for AED 552,888, or AED 336 per sqft, 70% below the AED 1,102 two-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 140,000 a year: a gross yield of 25.3% on the 2015 price, before the service charge of about AED 3,500 a year.

Sales and rents for S10/TH03 over time

Sales
Villa S10/TH03, each saleTypical two-bed in The Springs 2
2M4M2007201220172022Typical sale price by year: 2007 AED 602,694; 2008 AED 907,000; 2009 AED 1,200,000; 2010 AED 1,067,944; 2011 AED 1,180,000; 2012 AED 1,400,000; 2013 AED 2,000,000; 2014 AED 2,207,500; 2015 AED 1,925,000; 2016 AED 1,883,000; 2017 AED 2,175,000; 2018 AED 1,750,000; 2019 AED 1,535,000; 2020 AED 1,403,100; 2021 AED 1,905,000; 2022 AED 1,965,000; 2023 AED 2,350,000; 2024 AED 3,000,000; 2025 AED 3,500,000Sold by developer, November 2015: AED 552,888 (AED 336 per sqft)

S10/TH03 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S10/TH03, each contractTypical two-bed in The Springs 2
100K150K20112015201920232027Typical rent by year: 2011 AED 95,000; 2012 AED 100,000; 2013 AED 117,000; 2014 AED 130,000; 2015 AED 140,000; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 95,000; 2022 AED 110,000; 2023 AED 125,000; 2024 AED 155,000; 2025 AED 165,000; 2026 AED 160,000New contract, September 2015: AED 140,000 a yearRenewal, September 2016: AED 140,000 a yearRenewal, September 2017: AED 120,000 a yearNew contract, February 2018: AED 125,000 a yearNew contract, April 2018: AED 115,000 a yearNew contract, November 2020: AED 75,000 a yearRenewal, November 2021: AED 75,000 a yearNew contract, March 2022: AED 75,000 a yearRenewal, March 2023: AED 85,000 a yearNew contract, December 2023: AED 140,000 a yearRenewal, December 2024: AED 140,000 a year

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

2-beds in The Springs 2, and where S10/TH03 sits

All 280 2-beds →

S10/TH03 last sold in November 2015 at AED 336 per sqft, 70% below what two-beds in The Springs 2 were fetching at the time (AED 1,102). Over the last 12 months two-beds sold for AED 3,275,000 to 3,750,000, around AED 2,005 per sqft, and rent for AED 50,000 to 270,000 a year. S10/TH03's AED 140,000 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
10 Feb 20263,275,000
22 Dec 20253,750,000
10 Nov 20253,300,000
7 Nov 20253,300,000
2 2-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 →

S10/TH03, The Springs 2 in numbers

  • Sold once: by Emaar on 8 November 2015 for AED 552,888, or AED 336 per sqft.
  • Rented since September 2015 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 75,000 in 2022 and recovered to AED 140,000 by December 2024.
  • At AED 140,000 a year the gross yield on the 2015 price is 25.3%, before a service charge of about AED 3,500 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 2 sold for AED 3,275,000–3,750,000 in the 12 months to November 2026; the community's median across all types is AED 2,005 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2024.

Questions about S10/TH03, The Springs 2

What did villa S10/TH03 last sell for?

AED 552,888 on 8 November 2015, sold by the developer: AED 336 per sqft for 1,641 sqft. It is the only registered sale of the villa.

What is the rent for villa S10/TH03?

AED 140,000 a year on the contract renewed on 15 December 2024. The previous contract, from December 2023, was AED 140,000; the villa has been rented since September 2015.

How big is villa S10/TH03?

1,641 sqft (152.5 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S10/TH03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 2 sold for AED 3,275,000 to 3,750,000 in the last 12 months, around AED 2,005 per sqft.

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Mortgage on S10/TH03, The Springs 2

Starts from the last sale price (AED 553K, 8 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 552,888
Deposit, UAE resident (20%)
AED 110,578
Deposit, non-resident (40%)
AED 221,155
Monthly over 25 years at 3.7%
AED 2,262

Plus AED 28,232 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →