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2-bed · 1,694 sqftThe Springs 2, The Springs · completed 2005

S12/TH02, The Springs 2

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

Villa S12/TH02 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 3.08M20 September 2024
Current rentAED 110K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S12/TH02, The Springs 2

What is S12/TH02 worth today?

Last sold for AED 3,075,000 in 2024

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20 Sep 2024SoldReady
AED 3,075,000AED 1,814 per sqft
7 Nov 2022SoldReady
AED 2,254,000AED 1,330 per sqft
1 Feb 2022RentedRenewal
AED 110,000/yr12 months · AED 65 per sqft
1 Feb 2021RentedNew contract
AED 110,000/yr12 months · AED 65 per sqft
20 Sep 2019RentedRenewal
AED 120,000/yr12 months · AED 71 per sqft
20 Sep 2017RentedNew contract
AED 130,000/yr12 months · AED 77 per sqft
15 Jul 2015RentedNew contract
AED 150,000/yr12 months · AED 89 per sqft
15 Jul 2014RentedNew contract
AED 150,000/yr12 months · AED 89 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2024.

Key facts

Type
2-bed villa
Size
1,694 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 3.08M · September 2024
Community
The Springs 2

About S12/TH02, The Springs 2

S12/TH02 is a two-bedroom villa of 1,694 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 20 September 2024 for AED 3,075,000, or AED 1,814 per sqft, 14% above the AED 1,592 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 110,000 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 3,600 a year.

Sales and rents for S12/TH02 over time

Sales
Villa S12/TH02, each saleTypical two-bed in The Springs 2
02M4M2007201220172022Typical 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 364,444 (AED 215 per sqft)Sold, February 2014: AED 2,375,000 (AED 1,401 per sqft)Sold, November 2022: AED 2,254,000 (AED 1,330 per sqft)Sold, September 2024: AED 3,075,000 (AED 1,814 per sqft)

S12/TH02 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S12/TH02, 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, June 2013: AED 110,000 a yearNew contract, July 2014: AED 150,000 a yearNew contract, July 2015: AED 150,000 a yearNew contract, September 2017: AED 130,000 a yearRenewal, September 2019: AED 120,000 a yearNew contract, February 2021: AED 110,000 a yearRenewal, February 2022: AED 110,000 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/TH02 sits

All 280 2-beds →

S12/TH02 last sold in September 2024 at AED 1,814 per sqft, 14% above what two-beds in The Springs 2 were fetching at the time (AED 1,592). 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/TH02's AED 110,000 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/TH02, The Springs 2 in numbers

  • Sold 4 times: first on 9 August 2007 for AED 364,444, last on 20 September 2024 for AED 3,075,000 (AED 1,814 per sqft).
  • Rented since June 2013 on 7 Ejari contracts, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 3.6%, before a service charge of about AED 3,600 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 20 September 2024.

Questions about S12/TH02, The Springs 2

What did villa S12/TH02 last sell for?

AED 3,075,000 on 20 September 2024: AED 1,814 per sqft for 1,694 sqft. The villa has 4 registered sales; the first was AED 364,444 in August 2007.

What is the rent for villa S12/TH02?

AED 110,000 a year on the contract renewed on 1 February 2022. The previous contract, from February 2021, was AED 110,000; the villa has been rented since June 2013.

How big is villa S12/TH02?

1,694 sqft (157.4 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S12/TH02 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/TH02, The Springs 2

Starts from the last sale price (AED 3.08M, 20 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,075,000
Deposit, UAE resident (20%)
AED 615,000
Deposit, non-resident (40%)
AED 1,230,000
Monthly over 25 years at 3.7%
AED 12,581

Plus AED 134,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →