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2-bed · 1,657 sqftThe Springs 3, The Springs · completed 2004

S02/TH78, The Springs 3

Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH78 · DLD and Ejari recordsUpdated 14 June 2022
Last soldAED 1.49M14 June 2022
Current rentAED 79K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH78, The Springs 3

What is S02/TH78 worth today?

Last sold for AED 1,490,000 in 2022

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14 Jun 2022SoldReady
AED 1,490,000AED 899 per sqft
1 Nov 2021RentedRenewal
AED 79,000/yr12 months · AED 48 per sqft
1 Nov 2020RentedRenewal
AED 79,000/yr12 months · AED 48 per sqft
1 Nov 2019RentedRenewal
AED 85,000/yr12 months · AED 51 per sqft
1 Nov 2018RentedNew contract
AED 90,000/yr12 months · AED 54 per sqft
26 Sep 2017RentedNew contract
AED 108,000/yr12 months · AED 65 per sqft
15 Dec 2015SoldReady
AED 925,000AED 558 per sqft
17 Aug 2015RentedNew contract
AED 120,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 June 2022.

Key facts

Type
2-bed villa
Size
1,657 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1.49M · June 2022
Community
The Springs 3

About S02/TH78, The Springs 3

S02/TH78 is a two-bedroom villa of 1,657 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 14 June 2022 for AED 1,490,000, or AED 899 per sqft, 10% below the AED 997 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 79,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 3,500 a year.

Sales and rents for S02/TH78 over time

Sales
Villa S02/TH78, each saleTypical two-bed in The Springs 3
02M4M20072012201720222027Typical sale price by year: 2007 AED 488,888; 2008 AED 727,200; 2009 AED 670,000; 2010 AED 701,694; 2011 AED 822,500; 2012 AED 1,395,000; 2013 AED 1,630,000; 2014 AED 2,095,000; 2015 AED 1,900,000; 2016 AED 1,800,000; 2017 AED 1,702,800; 2018 AED 1,497,500; 2019 AED 1,425,000; 2020 AED 1,200,000; 2021 AED 1,600,000; 2022 AED 1,800,000; 2023 AED 2,250,000; 2024 AED 2,750,000; 2025 AED 3,100,000; 2026 AED 4,325,000Sold by developer, February 2013: AED 476,888 (AED 287 per sqft)Sold, March 2013: AED 1,575,000 (AED 950 per sqft)Sold, December 2015: AED 925,000 (AED 558 per sqft)Sold, June 2022: AED 1,490,000 (AED 899 per sqft)

S02/TH78 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH78, each contractTypical two-bed in The Springs 3
100K150K20112015201920232027Typical rent by year: 2011 AED 85,000; 2012 AED 85,000; 2013 AED 99,484; 2014 AED 120,000; 2015 AED 126,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 94,000; 2020 AED 85,000; 2021 AED 86,125; 2022 AED 100,000; 2023 AED 120,039; 2024 AED 140,000; 2025 AED 145,000; 2026 AED 160,000New contract, June 2014: AED 120,000 a yearNew contract, August 2015: AED 120,000 a yearNew contract, September 2017: AED 108,000 a yearNew contract, November 2018: AED 90,000 a yearRenewal, November 2019: AED 85,000 a yearRenewal, November 2020: AED 79,000 a yearRenewal, November 2021: AED 79,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in The Springs 3, and where S02/TH78 sits

All 180 2-beds →

S02/TH78 last sold in June 2022 at AED 899 per sqft, 10% below what two-beds in The Springs 3 were fetching at the time (AED 997). Over the last 12 months two-beds sold for AED 2,770,000 to 4,510,000, around AED 1,991 per sqft, and rent for AED 104,000 to 265,000 a year. S02/TH78's AED 79,000 is at the bottom of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
5 Feb 20264,510,000
29 Jan 20263,250,000
26 Jan 20264,325,000
3 Dec 20252,770,000
5 2-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/TH78, The Springs 3 in numbers

  • Sold 4 times: first on 7 February 2013 for AED 476,888, last on 14 June 2022 for AED 1,490,000 (AED 899 per sqft).
  • Rented since June 2014 on 7 Ejari contracts, from AED 120,000 to AED 79,000 a year.
  • At AED 79,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 3,500 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 3 sold for AED 2,770,000–4,510,000 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 14 June 2022.

Questions about S02/TH78, The Springs 3

What did villa S02/TH78 last sell for?

AED 1,490,000 on 14 June 2022: AED 899 per sqft for 1,657 sqft. The villa has 4 registered sales; the first was AED 476,888 in February 2013.

What is the rent for villa S02/TH78?

AED 79,000 a year on the contract renewed on 1 November 2021. The previous contract, from November 2020, was AED 79,000; the villa has been rented since June 2014.

How big is villa S02/TH78?

1,657 sqft (153.9 sqm): a two-bedroom villa in The Springs 3, completed in 2004.

What is villa S02/TH78 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 3 sold for AED 2,770,000 to 4,510,000 in the last 12 months, around AED 1,991 per sqft.

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Mortgage on S02/TH78, The Springs 3

Starts from the last sale price (AED 1.49M, 14 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,490,000
Deposit, UAE resident (20%)
AED 298,000
Deposit, non-resident (40%)
AED 596,000
Monthly over 25 years at 3.7%
AED 6,096

Plus AED 67,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →