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3-bed · 2,219 sqftThe Springs 3, The Springs · completed 2004

S02/TH66, The Springs 3

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH66 · DLD and Ejari recordsUpdated 31 August 2024
Last soldAED 1.09M18 March 2010
Current rentAED 167K /yr31 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH66, The Springs 3

What is S02/TH66 worth today?

Last sold for AED 1,085,000 in 2010

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31 Aug 2024RentedRenewal
AED 166,750/yr12 months · AED 75 per sqft
31 Aug 2023RentedRenewal
AED 145,000/yr12 months · AED 65 per sqft
31 Aug 2022RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
11 Aug 2020RentedRenewal
AED 115,000/yr13 months · AED 52 per sqft
20 May 2018RentedRenewal
AED 140,000/yr12 months · AED 63 per sqft
20 May 2017RentedNew contract
AED 140,000/yr12 months · AED 63 per sqft
24 Dec 2015RentedRenewal
AED 163,485/yr12 months · AED 74 per sqft
24 Dec 2014RentedNew contract
AED 155,700/yr12 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 August 2024.

Key facts

Type
3-bed villa
Size
2,219 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,700 /yr
Last sold
AED 1.09M · March 2010
Community
The Springs 3

About S02/TH66, The Springs 3

S02/TH66 is a three-bedroom villa of 2,219 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 18 March 2010 for AED 1,085,000, or AED 489 per sqft, in line with the AED 489 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 31 August 2024, is AED 166,750 a year: a gross yield of 15.4% on the 2010 price, before the service charge of about AED 4,700 a year.

Sales and rents for S02/TH66 over time

Sales
Villa S02/TH66, 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 2010: AED 1,085,000 (AED 489 per sqft)

S02/TH66 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH66, 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 160,000 a yearNew contract, December 2014: AED 155,700 a yearRenewal, December 2015: AED 163,485 a yearNew contract, May 2017: AED 140,000 a yearRenewal, May 2018: AED 140,000 a yearRenewal, August 2020: AED 115,000 a yearRenewal, August 2022: AED 130,000 a yearRenewal, August 2023: AED 145,000 a yearRenewal, August 2024: AED 166,750 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/TH66 sits

All 193 3-beds →

S02/TH66 last sold in March 2010 at AED 489 per sqft, in line with what three-beds in The Springs 3 were fetching at the time (AED 489). 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/TH66's AED 166,750 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/TH66, The Springs 3 in numbers

  • Sold once: by Emaar on 18 March 2010 for AED 1,085,000, or AED 489 per sqft.
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 115,000 in 2020 and recovered to AED 166,750 by August 2024.
  • At AED 166,750 a year the gross yield on the 2010 price is 15.4%, 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 31 August 2024.

Questions about S02/TH66, The Springs 3

What did villa S02/TH66 last sell for?

AED 1,085,000 on 18 March 2010, sold by the developer: AED 489 per sqft for 2,219 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH66?

AED 166,750 a year on the contract renewed on 31 August 2024. The previous contract, from August 2023, was AED 145,000; the villa has been rented since October 2013.

How big is villa S02/TH66?

2,219 sqft (206.2 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S02/TH66 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/TH66, The Springs 3

Starts from the last sale price (AED 1.09M, 18 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,085,000
Deposit, UAE resident (20%)
AED 217,000
Deposit, non-resident (40%)
AED 434,000
Monthly over 25 years at 3.7%
AED 4,439

Plus AED 50,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →