2-bed · 1,764 sqftThe Springs 3, The Springs · completed 2004

23, The Springs 3

Sold prices and rental history: sold once, by the developer in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa 23 · DLD and Ejari recordsUpdated 30 November 2023
Last soldAED 2.25M30 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 23, The Springs 3

What is 23 worth today?

Last sold for AED 2,250,000 in 2023

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30 Nov 2023Sold by developerReady
AED 2,250,000AED 1,275 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 November 2023.

Key facts

Type
2-bed villa
Size
1,764 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2.25M · November 2023
Community
The Springs 3

About 23, The Springs 3

23 is a two-bedroom villa of 1,764 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 30 November 2023 for AED 2,250,000, or AED 1,275 per sqft, 5% above the AED 1,216 two-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for 23 over time

Sales
Villa 23, each saleTypical two-bed in The Springs 3
02M4M20072012201720222027Typical sale price by year: 2007 AED 488,888; 2008 AED 727,200; 2009 AED 670,000; 2010 AED 701,694; 2011 AED 822,500; 2012 AED 1,395,000; 2013 AED 1,630,000; 2014 AED 2,095,000; 2015 AED 1,900,000; 2016 AED 1,800,000; 2017 AED 1,702,800; 2018 AED 1,497,500; 2019 AED 1,425,000; 2020 AED 1,200,000; 2021 AED 1,600,000; 2022 AED 1,800,000; 2023 AED 2,250,000; 2024 AED 2,750,000; 2025 AED 3,100,000; 2026 AED 4,325,000Sold by developer, November 2023: AED 2,250,000 (AED 1,275 per sqft)

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

Rents
Villa 23, each contractTypical two-bed in The Springs 3
100K150K20112015201920232027Typical rent by year: 2011 AED 85,000; 2012 AED 85,000; 2013 AED 99,484; 2014 AED 120,000; 2015 AED 126,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 94,000; 2020 AED 85,000; 2021 AED 86,125; 2022 AED 100,000; 2023 AED 120,039; 2024 AED 140,000; 2025 AED 145,000; 2026 AED 160,000

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 3, and where 23 sits

All 180 2-beds →

23 last sold in November 2023 at AED 1,275 per sqft, 5% above what two-beds in The Springs 3 were fetching at the time (AED 1,216). Over the last 12 months two-beds sold for AED 2,770,000 to 4,510,000, around AED 1,991 per sqft, and rent for AED 104,000 to 265,000 a year.

Recent 2-bed salesVilla no.Price (AED)Summary
5 Feb 20264,510,000
29 Jan 20263,250,000
26 Jan 20264,325,000
3 Dec 20252,770,000
5 2-bed sales in the last 12 months

The Springs 3

Community

449 villas, 2-bed to 6-bed in The Springs, completed in 2004 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,350
Typical sale
AED 4.42M
Typical rent
AED 190K /yr
Typical yield
4.1%
The Springs 3, The Springs: prices, sales and rents →

23, The Springs 3 in numbers

  • Sold once: by Emaar on 30 November 2023 for AED 2,250,000, or AED 1,275 per sqft.
  • Two-beds in The Springs 3 sold for AED 2,770,000–4,510,000 in the 12 months to November 2026; the community's median across all types is AED 2,350 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 30 November 2023.

Questions about 23, The Springs 3

What did villa 23 last sell for?

AED 2,250,000 on 30 November 2023, sold by the developer: AED 1,275 per sqft for 1,764 sqft. It is the only registered sale of the villa.

How big is villa 23?

1,764 sqft (163.9 sqm): a two-bedroom villa in The Springs 3, completed in 2004.

What is villa 23 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 3 sold for AED 2,770,000 to 4,510,000 in the last 12 months, around AED 1,991 per sqft.

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Mortgage on 23, The Springs 3

Starts from the last sale price (AED 2.25M, 30 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →