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2-bed · 1,631 sqftThe Springs 3, The Springs · completed 2004

S02/TH18, The Springs 3

Sold prices and rental history: sold twice, last in December 2018, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH18 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 1.25M30 December 2018
Current rentAED 170K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH18, The Springs 3

What is S02/TH18 worth today?

Last sold for AED 1,250,000 in 2018

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15 Sep 2024RentedNew contract
AED 170,000/yr12 months · AED 104 per sqft
30 Dec 2018SoldReady
AED 1,250,000AED 766 per sqft
16 Sep 2017RentedNew contract
AED 109,695/yr12 months · AED 67 per sqft
4 Apr 2017Sold by developerReady
AED 476,888AED 292 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Key facts

Type
2-bed villa
Size
1,631 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1.25M · December 2018
Community
The Springs 3

About S02/TH18, The Springs 3

S02/TH18 is a two-bedroom villa of 1,631 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 30 December 2018 for AED 1,250,000, or AED 766 per sqft, 12% below the AED 869 two-beds in the community were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 15 September 2024, is AED 170,000 a year: a gross yield of 13.6% on the 2018 price, before the service charge of about AED 3,500 a year.

Sales and rents for S02/TH18 over time

Sales
Villa S02/TH18, 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, April 2017: AED 476,888 (AED 292 per sqft)Sold, December 2018: AED 1,250,000 (AED 766 per sqft)

S02/TH18 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH18, 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 160,000New contract, September 2017: AED 109,695 a yearNew contract, September 2024: AED 170,000 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 3, and where S02/TH18 sits

All 180 2-beds →

S02/TH18 last sold in December 2018 at AED 766 per sqft, 12% below what two-beds in The Springs 3 were fetching at the time (AED 869). 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. S02/TH18's AED 170,000 is in the lower half of that range.

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 →

S02/TH18, The Springs 3 in numbers

  • Sold twice: first on 4 April 2017 for AED 476,888, last on 30 December 2018 for AED 1,250,000 (AED 766 per sqft).
  • Rented since September 2017 on 2 Ejari contracts, from AED 109,695 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2018 price is 13.6%, before a service charge of about AED 3,500 a year (AED 2.13 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 15 September 2024.

Questions about S02/TH18, The Springs 3

What did villa S02/TH18 last sell for?

AED 1,250,000 on 30 December 2018: AED 766 per sqft for 1,631 sqft. The villa has 2 registered sales; the first was AED 476,888 in April 2017.

What is the rent for villa S02/TH18?

AED 170,000 a year on the contract signed on 15 September 2024. The previous contract, from September 2017, was AED 109,695.

How big is villa S02/TH18?

1,631 sqft (151.5 sqm): a two-bedroom villa in The Springs 3, completed in 2004.

What is villa S02/TH18 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 S02/TH18, The Springs 3

Starts from the last sale price (AED 1.25M, 30 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →