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3-bed · 2,229 sqftThe Springs 3, The Springs · completed 2004

S02/TH29, The Springs 3

Sold prices and rental history: sold 5 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH29 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 3.6M1 August 2024
Current rentAED 90K /yr16 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH29, The Springs 3

What is S02/TH29 worth today?

Last sold for AED 3,600,000 in 2024

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1 Aug 2024SoldReady
AED 3,600,000AED 1,614 per sqft
24 Jun 2021SoldReady
AED 2,230,000AED 1,000 per sqft
9 Dec 2020SoldReady
AED 1,485,000AED 666 per sqft
16 Apr 2020RentedNew contract
AED 90,000/yr12 months · AED 40 per sqft
14 Jan 2020SoldReady
AED 1,700,000AED 762 per sqft
16 Apr 2019RentedRenewal
AED 110,000/yr12 months · AED 49 per sqft
16 Apr 2018RentedRenewal
AED 125,000/yr12 months · AED 56 per sqft
16 Apr 2015RentedNew contract
AED 150,000/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Key facts

Type
3-bed villa
Size
2,229 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,700 /yr
Last sold
AED 3.6M · August 2024
Community
The Springs 3

About S02/TH29, The Springs 3

S02/TH29 is a three-bedroom villa of 2,229 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 1 August 2024 for AED 3,600,000, or AED 1,614 per sqft, 9% below the AED 1,768 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 16 April 2020, is AED 90,000 a year: a gross yield of 2.5% on the 2024 price, before the service charge of about AED 4,700 a year.

Sales and rents for S02/TH29 over time

Sales
Villa S02/TH29, each saleTypical three-bed in The Springs 3
05M20072012201720222027Typical sale price by year: 2007 AED 701,000; 2008 AED 829,888; 2009 AED 1,168,888; 2010 AED 1,191,888; 2011 AED 1,225,000; 2012 AED 1,617,000; 2013 AED 2,650,000; 2014 AED 3,000,000; 2015 AED 2,575,000; 2016 AED 2,875,000; 2017 AED 2,600,000; 2018 AED 2,000,000; 2019 AED 2,012,500; 2020 AED 1,700,000; 2021 AED 2,462,500; 2022 AED 3,050,000; 2023 AED 3,600,000; 2024 AED 4,750,000; 2025 AED 5,300,000; 2026 AED 6,500,000Sold by developer, July 2007: AED 687,888 (AED 308 per sqft)Sold, January 2020: AED 1,700,000 (AED 762 per sqft)Sold, December 2020: AED 1,485,000 (AED 666 per sqft)Sold, June 2021: AED 2,230,000 (AED 1,000 per sqft)Sold, August 2024: AED 3,600,000 (AED 1,614 per sqft)

S02/TH29 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH29, each contractTypical three-bed in The Springs 3
100K200K20112015201920232027Typical rent by year: 2011 AED 115,000; 2012 AED 130,000; 2013 AED 150,000; 2014 AED 165,000; 2015 AED 170,000; 2016 AED 171,625; 2017 AED 165,000; 2018 AED 150,000; 2019 AED 131,000; 2020 AED 121,000; 2021 AED 125,000; 2022 AED 136,500; 2023 AED 165,000; 2024 AED 197,500; 2025 AED 220,000; 2026 AED 218,607New contract, April 2013: AED 150,000 a yearRenewal, April 2014: AED 150,000 a yearNew contract, April 2015: AED 150,000 a yearRenewal, April 2018: AED 125,000 a yearRenewal, April 2019: AED 110,000 a yearNew contract, April 2020: AED 90,000 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 3, and where S02/TH29 sits

All 193 3-beds →

S02/TH29 last sold in August 2024 at AED 1,614 per sqft, 9% below what three-beds in The Springs 3 were fetching at the time (AED 1,768). Over the last 12 months three-beds sold for AED 4,995,000 to 7,300,000, around AED 2,448 per sqft, and rent for AED 169,763 to 370,000 a year. S02/TH29's AED 90,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
11 Feb 20264,995,000
11 Feb 20267,300,000
21 Jan 20266,500,000
5 Nov 20255,650,000
3 3-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/TH29, The Springs 3 in numbers

  • Sold 5 times: first on 1 July 2007 for AED 687,888, last on 1 August 2024 for AED 3,600,000 (AED 1,614 per sqft).
  • Rented since April 2013 on 6 Ejari contracts, from AED 150,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 2.5%, before a service charge of about AED 4,700 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 3 sold for AED 4,995,000–7,300,000 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 1 August 2024.

Questions about S02/TH29, The Springs 3

What did villa S02/TH29 last sell for?

AED 3,600,000 on 1 August 2024: AED 1,614 per sqft for 2,229 sqft. The villa has 5 registered sales; the first was AED 687,888 in July 2007.

What is the rent for villa S02/TH29?

AED 90,000 a year on the contract signed on 16 April 2020. The previous contract, from April 2019, was AED 110,000; the villa has been rented since April 2013.

How big is villa S02/TH29?

2,229 sqft (207.1 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S02/TH29 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Springs 3 sold for AED 4,995,000 to 7,300,000 in the last 12 months, around AED 2,448 per sqft.

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Mortgage on S02/TH29, The Springs 3

Starts from the last sale price (AED 3.6M, 1 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

Plus AED 156,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →