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

S12/TH08, The Springs 2

Sold prices and rental history: sold 3 times, last in May 2012, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S12/TH08 · DLD and Ejari recordsUpdated 10 September 2020
Last soldAED 775K29 May 2012
Current rentAED 100K /yr10 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S12/TH08, The Springs 2

What is S12/TH08 worth today?

Last sold for AED 775,000 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Sep 2020RentedRenewal
AED 99,723/yr12 months · AED 59 per sqft
8 Sep 2018RentedNew contract
AED 119,337/yr12 months · AED 70 per sqft
29 May 2012SoldReady
AED 775,000AED 457 per sqft
2 May 2012SoldReady
AED 1,400,000AED 826 per sqft
7 Apr 2010Sold by developerReady
AED 649,888AED 383 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 September 2020.

Key facts

Type
2-bed villa
Size
1,694 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,600 /yr
Last sold
AED 775K · May 2012
Community
The Springs 2

About S12/TH08, The Springs 2

S12/TH08 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 29 May 2012 for AED 775,000, or AED 457 per sqft, 40% below the AED 762 two-beds in the community were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 10 September 2020, is AED 99,723 a year: a gross yield of 12.9% on the 2012 price, before the service charge of about AED 3,600 a year.

Sales and rents for S12/TH08 over time

Sales
Villa S12/TH08, 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, April 2010: AED 649,888 (AED 383 per sqft)Sold, May 2012: AED 775,000 (AED 457 per sqft)Sold, May 2012: AED 1,400,000 (AED 826 per sqft)

S12/TH08 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S12/TH08, 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 2018: AED 119,337 a yearRenewal, September 2020: AED 99,723 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/TH08 sits

All 280 2-beds →

S12/TH08 last sold in May 2012 at AED 457 per sqft, 40% below what two-beds in The Springs 2 were fetching at the time (AED 762). 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/TH08's AED 99,723 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/TH08, The Springs 2 in numbers

  • Sold 3 times: first on 7 April 2010 for AED 649,888, last on 29 May 2012 for AED 775,000 (AED 457 per sqft).
  • Rented since September 2018 on 2 Ejari contracts, from AED 119,337 to AED 99,723 a year.
  • At AED 99,723 a year the gross yield on the 2012 price is 12.9%, 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 10 September 2020.

Questions about S12/TH08, The Springs 2

What did villa S12/TH08 last sell for?

AED 775,000 on 29 May 2012: AED 457 per sqft for 1,694 sqft. The villa has 3 registered sales; the first was AED 649,888 in April 2010.

What is the rent for villa S12/TH08?

AED 99,723 a year on the contract renewed on 10 September 2020. The previous contract, from September 2018, was AED 119,337.

How big is villa S12/TH08?

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

What is villa S12/TH08 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.

Selling S12/TH08? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S12/TH08, The Springs 2

Starts from the last sale price (AED 775K, 29 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

Plus AED 37,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →