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3-bed · 2,365 sqftThe Springs 3, The Springs · completed 2004

S02/TH32, The Springs 3

Sold prices and rental history: sold 3 times, last in September 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH32 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 975K24 September 2017
Current rentAED 200K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH32, The Springs 3

What is S02/TH32 worth today?

Last sold for AED 975,000 in 2017

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15 Aug 2024RentedNew contract
AED 200,000/yr12 months · AED 85 per sqft
28 Nov 2022RentedRenewal
AED 150,000/yr12 months · AED 63 per sqft
28 Nov 2020RentedRenewal
AED 150,000/yr12 months · AED 63 per sqft
15 Dec 2017RentedNew contract
AED 135,000/yr12 months · AED 57 per sqft
24 Sep 2017SoldReady
AED 975,000AED 412 per sqft
10 Sep 2015RentedRenewal
AED 155,838/yr12 months · AED 66 per sqft
8 Sep 2014RentedNew contract
AED 154,144/yr12 months · AED 65 per sqft
10 Jun 2013RentedNew contract
AED 145,000/yr12 months · AED 61 per sqft

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

Key facts

Type
3-bed villa
Size
2,365 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 975K · September 2017
Community
The Springs 3

About S02/TH32, The Springs 3

S02/TH32 is a three-bedroom villa of 2,365 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 24 September 2017 for AED 975,000, or AED 412 per sqft, 64% below the AED 1,129 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 August 2024, is AED 200,000 a year: a gross yield of 20.5% on the 2017 price, before the service charge of about AED 5,000 a year.

Sales and rents for S02/TH32 over time

Sales
Villa S02/TH32, 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 800,000 (AED 338 per sqft)Sold, March 2012: AED 1,750,000 (AED 740 per sqft)Sold, September 2017: AED 975,000 (AED 412 per sqft)

S02/TH32 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH32, 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, June 2013: AED 145,000 a yearNew contract, September 2014: AED 154,144 a yearRenewal, September 2015: AED 155,838 a yearNew contract, December 2017: AED 135,000 a yearRenewal, November 2020: AED 150,000 a yearRenewal, November 2022: AED 150,000 a yearNew contract, August 2024: AED 200,000 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/TH32 sits

All 193 3-beds →

S02/TH32 last sold in September 2017 at AED 412 per sqft, 64% below what three-beds in The Springs 3 were fetching at the time (AED 1,129). 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/TH32's AED 200,000 is in the lower half 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/TH32, The Springs 3 in numbers

  • Sold 3 times: first on 8 July 2007 for AED 800,000, last on 24 September 2017 for AED 975,000 (AED 412 per sqft).
  • Rented since June 2013 on 7 Ejari contracts, from AED 145,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2017 price is 20.5%, before a service charge of about AED 5,000 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 August 2024.

Questions about S02/TH32, The Springs 3

What did villa S02/TH32 last sell for?

AED 975,000 on 24 September 2017: AED 412 per sqft for 2,365 sqft. The villa has 3 registered sales; the first was AED 800,000 in July 2007.

What is the rent for villa S02/TH32?

AED 200,000 a year on the contract signed on 15 August 2024. The previous contract, from November 2022, was AED 150,000; the villa has been rented since June 2013.

How big is villa S02/TH32?

2,365 sqft (219.7 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S02/TH32 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/TH32, The Springs 3

Starts from the last sale price (AED 975K, 24 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

Plus AED 45,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →