Home
Dubai prices
About
Research
3-bed · 2,210 sqftThe Springs 3, The Springs · completed 2004

S02/TH61, The Springs 3

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH61 · DLD and Ejari recordsUpdated 18 April 2023
Last soldAED 2.85M18 April 2023
Current rentAED 90K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH61, The Springs 3

What is S02/TH61 worth today?

Last sold for AED 2,850,000 in 2023

Unlock today's estimate, updated daily, with

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

18 Apr 2023SoldReady
AED 2,850,000AED 1,289 per sqft
15 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 41 per sqft
21 Feb 2020RentedNew contract
AED 90,000/yr12 months · AED 41 per sqft
19 Feb 2020SoldReady
AED 850,000AED 384 per sqft
20 Aug 2017RentedRenewal
AED 140,000/yr12 months · AED 63 per sqft
20 Aug 2016RentedRenewal
AED 160,000/yr12 months · AED 72 per sqft
20 Aug 2014RentedNew contract
AED 145,000/yr12 months · AED 66 per sqft
21 Aug 2013RentedNew contract
AED 128,000/yr12 months · AED 58 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 April 2023.

Key facts

Type
3-bed villa
Size
2,210 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,700 /yr
Last sold
AED 2.85M · April 2023
Community
The Springs 3

About S02/TH61, The Springs 3

S02/TH61 is a three-bedroom villa of 2,210 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 18 April 2023 for AED 2,850,000, or AED 1,289 per sqft, in line with the AED 1,308 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 15 September 2022, is AED 90,000 a year: a gross yield of 3.2% on the 2023 price, before the service charge of about AED 4,700 a year.

Sales and rents for S02/TH61 over time

Sales
Villa S02/TH61, 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 2008: AED 1,065,000 (AED 481 per sqft)Sold, February 2020: AED 850,000 (AED 384 per sqft)Sold, April 2023: AED 2,850,000 (AED 1,289 per sqft)

S02/TH61 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH61, 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, August 2012: AED 120,000 a yearNew contract, August 2013: AED 128,000 a yearNew contract, August 2014: AED 145,000 a yearRenewal, August 2016: AED 160,000 a yearRenewal, August 2017: AED 140,000 a yearNew contract, February 2020: AED 90,000 a yearNew contract, September 2022: 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/TH61 sits

All 193 3-beds →

S02/TH61 last sold in April 2023 at AED 1,289 per sqft, in line with what three-beds in The Springs 3 were fetching at the time (AED 1,308). 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/TH61'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/TH61, The Springs 3 in numbers

  • Sold 3 times: first on 3 August 2008 for AED 1,065,000, last on 18 April 2023 for AED 2,850,000 (AED 1,289 per sqft).
  • Rented since August 2012 on 7 Ejari contracts, from AED 120,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 3.2%, 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 18 April 2023.

Questions about S02/TH61, The Springs 3

What did villa S02/TH61 last sell for?

AED 2,850,000 on 18 April 2023: AED 1,289 per sqft for 2,210 sqft. The villa has 3 registered sales; the first was AED 1,065,000 in August 2008.

What is the rent for villa S02/TH61?

AED 90,000 a year on the contract signed on 15 September 2022. The previous contract, from February 2020, was AED 90,000; the villa has been rented since August 2012.

How big is villa S02/TH61?

2,210 sqft (205.3 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S02/TH61 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/TH61? 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/TH61, The Springs 3

Starts from the last sale price (AED 2.85M, 18 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →