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

S02/TH22, The Springs 3

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH22 · DLD and Ejari recordsUpdated 24 May 2024
Last soldAED 2.48M24 May 2024
Current rentAED 101K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH22, The Springs 3

What is S02/TH22 worth today?

Last sold for AED 2,475,000 in 2024

Unlock today's estimate, updated daily, with

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

24 May 2024SoldReady
AED 2,475,000AED 1,403 per sqft
10 May 2024RentedRenewal
AED 100,873/yr12 months · AED 57 per sqft
26 Jan 2024RentedNew contract
AED 130,000/yr12 months · AED 56 per sqft
10 May 2023RentedRenewal
AED 91,500/yr12 months · AED 52 per sqft
10 May 2022RentedRenewal
AED 87,000/yr12 months · AED 49 per sqft
10 May 2021RentedRenewal
AED 83,000/yr12 months · AED 47 per sqft
10 May 2019RentedNew contract
AED 90,000/yr12 months · AED 51 per sqft
10 May 2018RentedNew contract
AED 108,000/yr12 months · AED 61 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 May 2024.

Key facts

Type
2-bed villa
Size
1,764 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2.48M · May 2024
Community
The Springs 3

About S02/TH22, The Springs 3

S02/TH22 is a two-bedroom villa of 1,764 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 24 May 2024 for AED 2,475,000, or AED 1,403 per sqft, in line with the AED 1,438 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 100,873 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 3,800 a year.

Sales and rents for S02/TH22 over time

Sales
Villa S02/TH22, 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, August 2013: AED 261,444 (AED 148 per sqft)Sold, May 2024: AED 2,475,000 (AED 1,403 per sqft)

S02/TH22 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH22, 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, April 2014: AED 125,000 a yearNew contract, May 2016: AED 125,000 a yearRenewal, May 2017: AED 125,000 a yearNew contract, May 2018: AED 108,000 a yearNew contract, May 2019: AED 90,000 a yearRenewal, May 2021: AED 83,000 a yearRenewal, May 2022: AED 87,000 a yearRenewal, May 2023: AED 91,500 a yearNew contract, January 2024: AED 130,000 a yearRenewal, May 2024: AED 100,873 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/TH22 sits

All 180 2-beds →

S02/TH22 last sold in May 2024 at AED 1,403 per sqft, in line with what two-beds in The Springs 3 were fetching at the time (AED 1,438). 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/TH22's AED 100,873 is at the bottom 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/TH22, The Springs 3 in numbers

  • Sold twice: first on 19 August 2013 for AED 261,444, last on 24 May 2024 for AED 2,475,000 (AED 1,403 per sqft).
  • Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 125,000 to AED 83,000 in 2021 and recovered to AED 100,873 by May 2024.
  • At AED 100,873 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 3,800 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 24 May 2024.

Questions about S02/TH22, The Springs 3

What did villa S02/TH22 last sell for?

AED 2,475,000 on 24 May 2024: AED 1,403 per sqft for 1,764 sqft. The villa has 2 registered sales; the first was AED 261,444 in August 2013.

What is the rent for villa S02/TH22?

AED 100,873 a year on the contract renewed on 10 May 2024. The previous contract, from January 2024, was AED 130,000; the villa has been rented since April 2014.

How big is villa S02/TH22?

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

What is villa S02/TH22 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.

Selling S02/TH22? 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 S02/TH22, The Springs 3

Starts from the last sale price (AED 2.48M, 24 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,475,000
Deposit, UAE resident (20%)
AED 495,000
Deposit, non-resident (40%)
AED 990,000
Monthly over 25 years at 3.7%
AED 10,126

Plus AED 108,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →