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2-bed · 1,794 sqftThe Springs 2, The Springs · completed 2005

S12/TH12, The Springs 2

Sold prices and rental history: sold 3 times, last in October 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S12/TH12 · DLD and Ejari recordsUpdated 30 October 2017
Last soldAED 2.15M30 October 2017
Current rentAED 145K /yr20 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S12/TH12, The Springs 2

What is S12/TH12 worth today?

Last sold for AED 2,150,000 in 2017

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30 Oct 2017SoldReady
AED 2,150,000AED 1,198 per sqft
20 Aug 2017RentedRenewal
AED 145,000/yr6 months · AED 81 per sqft
20 Aug 2016RentedNew contract
AED 145,000/yr12 months · AED 81 per sqft
16 Dec 2014RentedNew contract
AED 150,000/yr12 months · AED 84 per sqft
31 Aug 2008SoldReady
AED 3,000,000AED 1,672 per sqft
13 Jan 2008Sold by developerReady
AED 330,944AED 184 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 October 2017.

Key facts

Type
2-bed villa
Size
1,794 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 2.15M · October 2017
Community
The Springs 2

About S12/TH12, The Springs 2

S12/TH12 is a two-bedroom villa of 1,794 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 30 October 2017 for AED 2,150,000, or AED 1,198 per sqft, in line with the AED 1,181 two-beds in the community were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 20 August 2017, is AED 145,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 3,800 a year.

Sales and rents for S12/TH12 over time

Sales
Villa S12/TH12, 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, January 2008: AED 330,944 (AED 184 per sqft)Sold, August 2008: AED 3,000,000 (AED 1,672 per sqft)Sold, October 2017: AED 2,150,000 (AED 1,198 per sqft)

S12/TH12 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S12/TH12, 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, December 2014: AED 150,000 a yearNew contract, August 2016: AED 145,000 a yearRenewal, August 2017: AED 145,000 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/TH12 sits

All 280 2-beds →

S12/TH12 last sold in October 2017 at AED 1,198 per sqft, in line with what two-beds in The Springs 2 were fetching at the time (AED 1,181). 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/TH12's AED 145,000 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/TH12, The Springs 2 in numbers

  • Sold 3 times: first on 13 January 2008 for AED 330,944, last on 30 October 2017 for AED 2,150,000 (AED 1,198 per sqft).
  • Rented since December 2014 on 3 Ejari contracts, from AED 150,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2017 price is 6.7%, 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 30 October 2017.

Questions about S12/TH12, The Springs 2

What did villa S12/TH12 last sell for?

AED 2,150,000 on 30 October 2017: AED 1,198 per sqft for 1,794 sqft. The villa has 3 registered sales; the first was AED 330,944 in January 2008.

What is the rent for villa S12/TH12?

AED 145,000 a year on the contract renewed on 20 August 2017. The previous contract, from August 2016, was AED 145,000; the villa has been rented since December 2014.

How big is villa S12/TH12?

1,794 sqft (166.7 sqm): a two-bedroom villa in The Springs 2, completed in 2005.

What is villa S12/TH12 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/TH12, The Springs 2

Starts from the last sale price (AED 2.15M, 30 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →