2-bed · 1,806 sqftThe Springs 2, The Springs · completed 2005

S12/TH01, The Springs 2

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S12/TH01 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 2.6M6 July 2023
Current rentAED 138K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S12/TH01, The Springs 2

What is S12/TH01 worth today?

Last sold for AED 2,600,000 in 2023

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15 Jan 2024RentedRenewal
AED 138,000/yr6 months · AED 76 per sqft
6 Jul 2023SoldReady
AED 2,600,000AED 1,439 per sqft
15 Jan 2023RentedNew contract
AED 120,000/yr12 months · AED 66 per sqft
15 Jan 2023RentedRenewal
AED 120,000/yr12 months · AED 66 per sqft
15 Jan 2022RentedRenewal
AED 100,000/yr12 months · AED 55 per sqft
15 Jul 2020RentedRenewal
AED 100,000/yr6 months · AED 55 per sqft
15 Jul 2019RentedNew contract
AED 110,000/yr12 months · AED 61 per sqft
15 Jul 2018RentedNew contract
AED 130,000/yr12 months · AED 72 per sqft

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

Key facts

Type
2-bed villa
Size
1,806 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 2.6M · July 2023
Community
The Springs 2

About S12/TH01, The Springs 2

S12/TH01 is a two-bedroom villa of 1,806 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 6 July 2023 for AED 2,600,000, or AED 1,439 per sqft, 17% above the AED 1,226 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 138,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 3,800 a year.

Sales and rents for S12/TH01 over time

Sales
Villa S12/TH01, 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, August 2007: AED 760,888 (AED 421 per sqft)Sold, August 2013: AED 2,500,000 (AED 1,384 per sqft)Sold, August 2014: AED 2,500,000 (AED 1,384 per sqft)Sold, July 2023: AED 2,600,000 (AED 1,439 per sqft)

S12/TH01 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S12/TH01, 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, November 2012: AED 115,000 a yearNew contract, September 2014: AED 155,000 a yearRenewal, September 2015: AED 155,000 a yearRenewal, September 2016: AED 155,000 a yearNew contract, September 2017: AED 140,000 a yearNew contract, July 2018: AED 130,000 a yearNew contract, July 2019: AED 110,000 a yearRenewal, July 2020: AED 100,000 a yearRenewal, January 2022: AED 100,000 a yearNew contract, January 2023: AED 120,000 a yearRenewal, January 2023: AED 120,000 a yearRenewal, January 2024: AED 138,000 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 S12/TH01 sits

All 280 2-beds →

S12/TH01 last sold in July 2023 at AED 1,439 per sqft, 17% above what two-beds in The Springs 2 were fetching at the time (AED 1,226). 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. S12/TH01's AED 138,000 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 →

S12/TH01, The Springs 2 in numbers

  • Sold 4 times: first on 6 August 2007 for AED 760,888, last on 6 July 2023 for AED 2,600,000 (AED 1,439 per sqft).
  • Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 115,000 to AED 100,000 in 2022 and recovered to AED 138,000 by January 2024.
  • At AED 138,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 3,800 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 January 2024.

Questions about S12/TH01, The Springs 2

What did villa S12/TH01 last sell for?

AED 2,600,000 on 6 July 2023: AED 1,439 per sqft for 1,806 sqft. The villa has 4 registered sales; the first was AED 760,888 in August 2007.

What is the rent for villa S12/TH01?

AED 138,000 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 120,000; the villa has been rented since November 2012.

How big is villa S12/TH01?

1,806 sqft (167.8 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S12/TH01 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 S12/TH01, The Springs 2

Starts from the last sale price (AED 2.6M, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →