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2-bed · 1,642 sqftThe Springs 3, The Springs · completed 2004

S02/TH27, The Springs 3

Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH27 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 800K1 September 2020
Current rentAED 100K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH27, The Springs 3

What is S02/TH27 worth today?

Last sold for AED 800,000 in 2020

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20 Oct 2023RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
20 Oct 2022RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
1 Aug 2021RentedNew contract
AED 76,000/yr12 months · AED 46 per sqft
1 Sep 2020SoldReady
AED 800,000AED 487 per sqft
10 Jul 2020RentedNew contract
AED 70,000/yr13 months · AED 43 per sqft
9 Mar 2020SoldReady
AED 1,090,000AED 663 per sqft
25 Apr 2019RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft
25 Apr 2018RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2023.

Key facts

Type
2-bed villa
Size
1,642 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 800K · September 2020
Community
The Springs 3

About S02/TH27, The Springs 3

S02/TH27 is a two-bedroom villa of 1,642 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 1 September 2020 for AED 800,000, or AED 487 per sqft, 27% below the AED 668 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 20 October 2023, is AED 100,000 a year: a gross yield of 12.5% on the 2020 price, before the service charge of about AED 3,500 a year.

Sales and rents for S02/TH27 over time

Sales
Villa S02/TH27, 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 2007: AED 476,888 (AED 290 per sqft)Sold, March 2020: AED 1,090,000 (AED 663 per sqft)Sold, September 2020: AED 800,000 (AED 487 per sqft)

S02/TH27 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH27, 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, July 2013: AED 100,000 a yearNew contract, February 2014: AED 120,000 a yearNew contract, February 2015: AED 120,000 a yearNew contract, February 2016: AED 120,000 a yearNew contract, April 2018: AED 95,000 a yearRenewal, April 2019: AED 95,000 a yearNew contract, July 2020: AED 70,000 a yearNew contract, August 2021: AED 76,000 a yearNew contract, October 2022: AED 95,000 a yearNew contract, October 2023: AED 100,000 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/TH27 sits

All 180 2-beds →

S02/TH27 last sold in September 2020 at AED 487 per sqft, 27% below what two-beds in The Springs 3 were fetching at the time (AED 668). 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/TH27's AED 100,000 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/TH27, The Springs 3 in numbers

  • Sold 3 times: first on 1 August 2007 for AED 476,888, last on 1 September 2020 for AED 800,000 (AED 487 per sqft).
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2020 and recovered to AED 100,000 by October 2023.
  • At AED 100,000 a year the gross yield on the 2020 price is 12.5%, 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 20 October 2023.

Questions about S02/TH27, The Springs 3

What did villa S02/TH27 last sell for?

AED 800,000 on 1 September 2020: AED 487 per sqft for 1,642 sqft. The villa has 3 registered sales; the first was AED 476,888 in August 2007.

What is the rent for villa S02/TH27?

AED 100,000 a year on the contract signed on 20 October 2023. The previous contract, from October 2022, was AED 95,000; the villa has been rented since July 2013.

How big is villa S02/TH27?

1,642 sqft (152.5 sqm): a two-bedroom villa in The Springs 3, completed in 2004.

What is villa S02/TH27 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/TH27, The Springs 3

Starts from the last sale price (AED 800K, 1 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →