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3-bed · 3,047 sqftThe Springs 3, The Springs · completed 2004

S02/TH45, The Springs 3

Sold prices and rental history: sold 5 times, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH45 · DLD and Ejari recordsUpdated 28 March 2022
Last soldAED 4M28 March 2022
Current rentAED 195K /yr15 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH45, The Springs 3

What is S02/TH45 worth today?

Last sold for AED 4,000,000 in 2022

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28 Mar 2022SoldReady
AED 4,000,000AED 1,312 per sqft
7 Jan 2020SoldReady
AED 2,325,000AED 762 per sqft
15 Oct 2018RentedRenewal
AED 195,000/yr12 months · AED 64 per sqft
15 Oct 2017RentedRenewal
AED 195,000/yr12 months · AED 64 per sqft
15 Oct 2016RentedRenewal
AED 195,000/yr12 months · AED 64 per sqft
15 Oct 2015RentedRenewal
AED 195,000/yr12 months · AED 64 per sqft
21 May 2014SoldReady
AED 3,700,000AED 1,214 per sqft
13 Feb 2014SoldReady
AED 3,105,000AED 1,018 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 March 2022.

Key facts

Type
3-bed villa
Size
3,047 sqft
Developer
Emaar
Completed
2004
Service charge
AED 6,500 /yr
Last sold
AED 4M · March 2022
Community
The Springs 3

About S02/TH45, The Springs 3

S02/TH45 is a three-bedroom villa of 3,047 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 28 March 2022 for AED 4,000,000, or AED 1,312 per sqft, 19% above the AED 1,100 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 15 October 2018, is AED 195,000 a year: a gross yield of 4.9% on the 2022 price, before the service charge of about AED 6,500 a year.

Sales and rents for S02/TH45 over time

Sales
Villa S02/TH45, 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, August 2007: AED 1,650,000 (AED 541 per sqft)Sold, February 2014: AED 3,105,000 (AED 1,018 per sqft)Sold, May 2014: AED 3,700,000 (AED 1,214 per sqft)Sold, January 2020: AED 2,325,000 (AED 762 per sqft)Sold, March 2022: AED 4,000,000 (AED 1,312 per sqft)

S02/TH45 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH45, 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, October 2013: AED 195,000 a yearRenewal, October 2015: AED 195,000 a yearRenewal, October 2016: AED 195,000 a yearRenewal, October 2017: AED 195,000 a yearRenewal, October 2018: AED 195,000 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/TH45 sits

All 193 3-beds →

S02/TH45 last sold in March 2022 at AED 1,312 per sqft, 19% above what three-beds in The Springs 3 were fetching at the time (AED 1,100). 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/TH45's AED 195,000 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/TH45, The Springs 3 in numbers

  • Sold 5 times: first on 29 August 2007 for AED 1,650,000, last on 28 March 2022 for AED 4,000,000 (AED 1,312 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, at AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2022 price is 4.9%, before a service charge of about AED 6,500 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 28 March 2022.

Questions about S02/TH45, The Springs 3

What did villa S02/TH45 last sell for?

AED 4,000,000 on 28 March 2022: AED 1,312 per sqft for 3,047 sqft. The villa has 5 registered sales; the first was AED 1,650,000 in August 2007.

What is the rent for villa S02/TH45?

AED 195,000 a year on the contract renewed on 15 October 2018. The previous contract, from October 2017, was AED 195,000; the villa has been rented since October 2013.

How big is villa S02/TH45?

3,047 sqft (283.1 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S02/TH45 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/TH45, The Springs 3

Starts from the last sale price (AED 4M, 28 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →