Home
Dubai prices
About
Research
3-bed · 2,377 sqftThe Springs 3, The Springs · completed 2004

S02/TH31, The Springs 3

Sold prices and rental history: sold twice, last in July 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH31 · DLD and Ejari recordsUpdated 15 July 2018
Last soldAED 1.74M15 July 2018
Current rentAED 146K /yr1 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH31, The Springs 3

What is S02/TH31 worth today?

Last sold for AED 1,740,000 in 2018

Unlock today's estimate, updated daily, with

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

15 Jul 2018SoldReady
AED 1,740,000AED 732 per sqft
1 Aug 2017RentedNew contract
AED 146,000/yr12 months · AED 61 per sqft
1 Aug 2016RentedRenewal
AED 146,000/yr12 months · AED 61 per sqft
1 Aug 2014RentedNew contract
AED 132,000/yr12 months · AED 56 per sqft
1 Aug 2012RentedNew contract
AED 110,250/yr12 months · AED 46 per sqft
19 Mar 2009Sold by developerReady
AED 980,000AED 412 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2018.

Key facts

Type
3-bed villa
Size
2,377 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,100 /yr
Last sold
AED 1.74M · July 2018
Community
The Springs 3

About S02/TH31, The Springs 3

S02/TH31 is a three-bedroom villa of 2,377 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 15 July 2018 for AED 1,740,000, or AED 732 per sqft, 26% below the AED 993 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 1 August 2017, is AED 146,000 a year: a gross yield of 8.4% on the 2018 price, before the service charge of about AED 5,100 a year.

Sales and rents for S02/TH31 over time

Sales
Villa S02/TH31, 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, March 2009: AED 980,000 (AED 412 per sqft)Sold, July 2018: AED 1,740,000 (AED 732 per sqft)

S02/TH31 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH31, each contractTypical three-bed in The Springs 3
100K150K200K20112015201920232027Typical 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, August 2012: AED 110,250 a yearNew contract, August 2014: AED 132,000 a yearRenewal, August 2016: AED 146,000 a yearNew contract, August 2017: AED 146,000 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/TH31 sits

All 193 3-beds →

S02/TH31 last sold in July 2018 at AED 732 per sqft, 26% below what three-beds in The Springs 3 were fetching at the time (AED 993). 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/TH31's AED 146,000 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/TH31, The Springs 3 in numbers

  • Sold twice: first on 19 March 2009 for AED 980,000, last on 15 July 2018 for AED 1,740,000 (AED 732 per sqft).
  • Rented since August 2012 on 4 Ejari contracts, from AED 110,250 to AED 146,000 a year.
  • At AED 146,000 a year the gross yield on the 2018 price is 8.4%, before a service charge of about AED 5,100 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 15 July 2018.

Questions about S02/TH31, The Springs 3

What did villa S02/TH31 last sell for?

AED 1,740,000 on 15 July 2018: AED 732 per sqft for 2,377 sqft. The villa has 2 registered sales; the first was AED 980,000 in March 2009.

What is the rent for villa S02/TH31?

AED 146,000 a year on the contract signed on 1 August 2017. The previous contract, from August 2016, was AED 146,000; the villa has been rented since August 2012.

How big is villa S02/TH31?

2,377 sqft (220.8 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S02/TH31 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.

Selling S02/TH31? 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/TH31, The Springs 3

Starts from the last sale price (AED 1.74M, 15 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,740,000
Deposit, UAE resident (20%)
AED 348,000
Deposit, non-resident (40%)
AED 696,000
Monthly over 25 years at 3.7%
AED 7,119

Plus AED 78,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →