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3-bed · 2,359 sqftThe Springs 3, The Springs · completed 2004

S02/TH63, The Springs 3

Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH63 · DLD and Ejari recordsUpdated 5 March 2022
Last soldAED 647K6 July 2008
Current rentAED 115K /yr5 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH63, The Springs 3

What is S02/TH63 worth today?

Last sold for AED 646,888 in 2008

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5 Mar 2022RentedNew contract
AED 115,000/yr12 months · AED 49 per sqft
5 Mar 2019RentedRenewal
AED 120,000/yr12 months · AED 51 per sqft
5 Mar 2018RentedNew contract
AED 120,000/yr12 months · AED 51 per sqft
1 Oct 2016RentedRenewal
AED 157,500/yr12 months · AED 67 per sqft
1 Oct 2015RentedRenewal
AED 150,150/yr12 months · AED 64 per sqft
1 Oct 2014RentedRenewal
AED 150,150/yr12 months · AED 64 per sqft
1 Oct 2013RentedRenewal
AED 136,500/yr12 months · AED 58 per sqft
1 Oct 2012RentedNew contract
AED 130,000/yr12 months · AED 55 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 March 2022.

Key facts

Type
3-bed villa
Size
2,359 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 647K · July 2008
Community
The Springs 3

About S02/TH63, The Springs 3

S02/TH63 is a three-bedroom villa of 2,359 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 6 July 2008 for AED 646,888, or AED 274 per sqft, 10% below the AED 306 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 5 March 2022, is AED 115,000 a year: a gross yield of 17.8% on the 2008 price, before the service charge of about AED 5,000 a year.

Sales and rents for S02/TH63 over time

Sales
Villa S02/TH63, 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 2008: AED 646,888 (AED 274 per sqft)

S02/TH63 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH63, 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 2012: AED 130,000 a yearRenewal, October 2013: AED 136,500 a yearRenewal, October 2014: AED 150,150 a yearRenewal, October 2015: AED 150,150 a yearRenewal, October 2016: AED 157,500 a yearNew contract, March 2018: AED 120,000 a yearRenewal, March 2019: AED 120,000 a yearNew contract, March 2022: AED 115,000 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/TH63 sits

All 193 3-beds →

S02/TH63 last sold in July 2008 at AED 274 per sqft, 10% below what three-beds in The Springs 3 were fetching at the time (AED 306). 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/TH63's AED 115,000 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/TH63, The Springs 3 in numbers

  • Sold once: by Emaar on 6 July 2008 for AED 646,888, or AED 274 per sqft.
  • Rented since October 2012 on 8 Ejari contracts, from AED 130,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2008 price is 17.8%, 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 5 March 2022.

Questions about S02/TH63, The Springs 3

What did villa S02/TH63 last sell for?

AED 646,888 on 6 July 2008, sold by the developer: AED 274 per sqft for 2,359 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH63?

AED 115,000 a year on the contract signed on 5 March 2022. The previous contract, from March 2019, was AED 120,000; the villa has been rented since October 2012.

How big is villa S02/TH63?

2,359 sqft (219.2 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S02/TH63 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/TH63, The Springs 3

Starts from the last sale price (AED 647K, 6 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 646,888
Deposit, UAE resident (20%)
AED 129,378
Deposit, non-resident (40%)
AED 258,755
Monthly over 25 years at 3.7%
AED 2,647

Plus AED 32,180 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →