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3-bed · 2,903 sqftThe Springs 2, The Springs · completed 2005

S12/TH15, The Springs 2

Sold prices and rental history: sold 3 times, last in July 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S12/TH15 · DLD and Ejari recordsUpdated 7 August 2021
Last soldAED 1.93M16 July 2020
Current rentAED 165K /yr7 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S12/TH15, The Springs 2

What is S12/TH15 worth today?

Last sold for AED 1,925,000 in 2020

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7 Aug 2021RentedNew contract
AED 165,000/yr12 months · AED 57 per sqft
7 Aug 2020RentedNew contract
AED 155,000/yr12 months · AED 53 per sqft
16 Jul 2020SoldReady
AED 1,925,000AED 663 per sqft
7 Feb 2020RentedRenewal
AED 170,458/yr12 months · AED 59 per sqft
7 Feb 2019RentedNew contract
AED 190,000/yr12 months · AED 65 per sqft
8 Aug 2017SoldReady
AED 1,525,000AED 525 per sqft
11 May 2017Sold by developerReady
AED 1,109,888AED 382 per sqft
4 Jun 2014RentedNew contract
AED 173,250/yr12 months · AED 60 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 August 2021.

Key facts

Type
3-bed villa
Size
2,903 sqft
Developer
Emaar
Completed
2005
Service charge
AED 6,200 /yr
Last sold
AED 1.93M · July 2020
Community
The Springs 2

About S12/TH15, The Springs 2

S12/TH15 is a three-bedroom villa of 2,903 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 16 July 2020 for AED 1,925,000, or AED 663 per sqft, 22% below the AED 849 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 7 August 2021, is AED 165,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 6,200 a year.

Sales and rents for S12/TH15 over time

Sales
Villa S12/TH15, each saleTypical three-bed in The Springs 2
02.5M5M2007201220172022Typical sale price by year: 2007 AED 734,888; 2008 AED 906,888; 2009 AED 1,545,000; 2010 AED 1,225,000; 2011 AED 1,240,000; 2012 AED 2,050,000; 2013 AED 2,570,000; 2014 AED 2,400,000; 2015 AED 2,750,000; 2016 AED 2,800,000; 2017 AED 2,375,000; 2018 AED 2,100,000; 2019 AED 2,050,000; 2020 AED 1,850,000; 2021 AED 2,600,000; 2022 AED 3,235,000; 2023 AED 3,500,000; 2024 AED 4,925,000; 2025 AED 5,350,000Sold by developer, May 2017: AED 1,109,888 (AED 382 per sqft)Sold, August 2017: AED 1,525,000 (AED 525 per sqft)Sold, July 2020: AED 1,925,000 (AED 663 per sqft)

S12/TH15 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S12/TH15, each contractTypical three-bed in The Springs 2
200K20112015201920232027Typical rent by year: 2011 AED 135,000; 2012 AED 147,500; 2013 AED 160,000; 2014 AED 179,250; 2015 AED 180,000; 2016 AED 181,000; 2017 AED 170,000; 2018 AED 159,500; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 134,000; 2022 AED 150,000; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 230,000; 2026 AED 245,000New contract, June 2012: AED 165,000 a yearNew contract, June 2013: AED 165,000 a yearNew contract, June 2014: AED 173,250 a yearNew contract, February 2019: AED 190,000 a yearRenewal, February 2020: AED 170,458 a yearNew contract, August 2020: AED 155,000 a yearNew contract, August 2021: AED 165,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in The Springs 2, and where S12/TH15 sits

All 191 3-beds →

S12/TH15 last sold in July 2020 at AED 663 per sqft, 22% below what three-beds in The Springs 2 were fetching at the time (AED 849). S12/TH15's AED 165,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
4 Nov 20255,850,000
28 Oct 20255,500,000
19 Sep 20255,750,000
22 Aug 20254,999,000
0 3-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/TH15, The Springs 2 in numbers

  • Sold 3 times: first on 11 May 2017 for AED 1,109,888, last on 16 July 2020 for AED 1,925,000 (AED 663 per sqft).
  • Rented since June 2012 on 7 Ejari contracts, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 6,200 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 7 August 2021.

Questions about S12/TH15, The Springs 2

What did villa S12/TH15 last sell for?

AED 1,925,000 on 16 July 2020: AED 663 per sqft for 2,903 sqft. The villa has 3 registered sales; the first was AED 1,109,888 in May 2017.

What is the rent for villa S12/TH15?

AED 165,000 a year on the contract signed on 7 August 2021. The previous contract, from August 2020, was AED 155,000; the villa has been rented since June 2012.

How big is villa S12/TH15?

2,903 sqft (269.7 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S12/TH15 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on S12/TH15, The Springs 2

Starts from the last sale price (AED 1.93M, 16 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,925,000
Deposit, UAE resident (20%)
AED 385,000
Deposit, non-resident (40%)
AED 770,000
Monthly over 25 years at 3.7%
AED 7,876

Plus AED 85,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →