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

S12/TH04, The Springs 2

Sold prices and rental history: sold once, by the developer in July 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S12/TH04 · DLD and Ejari recordsUpdated 4 May 2019
Last soldAED 729K18 July 2007
Current rentAED 100K /yr4 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S12/TH04, The Springs 2

What is S12/TH04 worth today?

Last sold for AED 728,888 in 2007

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4 May 2019RentedNew contract
AED 100,000/yr12 months · AED 59 per sqft
27 Mar 2017RentedRenewal
AED 145,000/yr12 months · AED 86 per sqft
27 Mar 2016RentedNew contract
AED 150,000/yr12 months · AED 89 per sqft
1 Mar 2015RentedNew contract
AED 150,000/yr12 months · AED 89 per sqft
1 Jul 2014RentedNew contract
AED 115,500/yr8 months · AED 68 per sqft
3 Mar 2013RentedNew contract
AED 105,000/yr12 months · AED 62 per sqft
18 Jul 2007Sold by developerReady
AED 728,888AED 430 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 May 2019.

Key facts

Type
2-bed villa
Size
1,694 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 729K · July 2007
Community
The Springs 2

About S12/TH04, The Springs 2

S12/TH04 is a two-bedroom villa of 1,694 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 18 July 2007 for AED 728,888, or AED 430 per sqft, in line with the AED 421 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 4 May 2019, is AED 100,000 a year: a gross yield of 13.7% on the 2007 price, before the service charge of about AED 3,600 a year.

Sales and rents for S12/TH04 over time

Sales
Villa S12/TH04, 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, July 2007: AED 728,888 (AED 430 per sqft)

S12/TH04 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S12/TH04, 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, March 2013: AED 105,000 a yearNew contract, July 2014: AED 115,500 a yearNew contract, March 2015: AED 150,000 a yearNew contract, March 2016: AED 150,000 a yearRenewal, March 2017: AED 145,000 a yearNew contract, May 2019: AED 100,000 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/TH04 sits

All 280 2-beds →

S12/TH04 last sold in July 2007 at AED 430 per sqft, in line with what two-beds in The Springs 2 were fetching at the time (AED 421). 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/TH04's AED 100,000 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/TH04, The Springs 2 in numbers

  • Sold once: by Emaar on 18 July 2007 for AED 728,888, or AED 430 per sqft.
  • Rented since March 2013 on 6 Ejari contracts, from AED 105,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2007 price is 13.7%, 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 4 May 2019.

Questions about S12/TH04, The Springs 2

What did villa S12/TH04 last sell for?

AED 728,888 on 18 July 2007, sold by the developer: AED 430 per sqft for 1,694 sqft. It is the only registered sale of the villa.

What is the rent for villa S12/TH04?

AED 100,000 a year on the contract signed on 4 May 2019. The previous contract, from March 2017, was AED 145,000; the villa has been rented since March 2013.

How big is villa S12/TH04?

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

What is villa S12/TH04 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/TH04, The Springs 2

Starts from the last sale price (AED 729K, 18 July 2007). Switch to today's estimate once you have unlocked it.
Price
AED 728,888
Deposit, UAE resident (20%)
AED 145,778
Deposit, non-resident (40%)
AED 291,555
Monthly over 25 years at 3.7%
AED 2,982

Plus AED 35,624 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →