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3-bed · 2,362 sqftThe Springs 3, The Springs · completed 2004

S03/TH06, The Springs 3

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH06 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 4.2M18 July 2024
Current rentAED 121K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH06, The Springs 3

What is S03/TH06 worth today?

Last sold for AED 4,200,000 in 2024

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18 Jul 2024SoldReady
AED 4,200,000AED 1,778 per sqft
15 Jul 2022RentedNew contract
AED 121,097/yr7 months · AED 51 per sqft
12 Dec 2021SoldReady
AED 2,310,000AED 978 per sqft
15 Jul 2021RentedRenewal
AED 120,000/yr12 months · AED 51 per sqft
15 Oct 2020RentedRenewal
AED 115,000/yr9 months · AED 49 per sqft
15 Oct 2019RentedRenewal
AED 145,000/yr12 months · AED 61 per sqft
15 Oct 2018RentedNew contract
AED 145,000/yr12 months · AED 61 per sqft
25 Sep 2017RentedRenewal
AED 170,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 July 2024.

Key facts

Type
3-bed villa
Size
2,362 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 4.2M · July 2024
Community
The Springs 3

About S03/TH06, The Springs 3

S03/TH06 is a three-bedroom villa of 2,362 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 18 July 2024 for AED 4,200,000, or AED 1,778 per sqft, in line with the AED 1,773 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 15 July 2022, is AED 121,097 a year: a gross yield of 2.9% on the 2024 price, before the service charge of about AED 5,000 a year.

Sales and rents for S03/TH06 over time

Sales
Villa S03/TH06, 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 2008: AED 333,944 (AED 141 per sqft)Sold, August 2014: AED 2,750,000 (AED 1,164 per sqft)Sold, December 2021: AED 2,310,000 (AED 978 per sqft)Sold, July 2024: AED 4,200,000 (AED 1,778 per sqft)

S03/TH06 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH06, 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, September 2014: AED 175,000 a yearRenewal, September 2016: AED 175,000 a yearRenewal, September 2017: AED 170,000 a yearNew contract, October 2018: AED 145,000 a yearRenewal, October 2019: AED 145,000 a yearRenewal, October 2020: AED 115,000 a yearRenewal, July 2021: AED 120,000 a yearNew contract, July 2022: AED 121,097 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 S03/TH06 sits

All 193 3-beds →

S03/TH06 last sold in July 2024 at AED 1,778 per sqft, in line with what three-beds in The Springs 3 were fetching at the time (AED 1,773). 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. S03/TH06's AED 121,097 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 →

S03/TH06, The Springs 3 in numbers

  • Sold 4 times: first on 9 March 2008 for AED 333,944, last on 18 July 2024 for AED 4,200,000 (AED 1,778 per sqft).
  • Rented since September 2014 on 8 Ejari contracts, from AED 175,000 to AED 121,097 a year.
  • At AED 121,097 a year the gross yield on the 2024 price is 2.9%, 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 18 July 2024.

Questions about S03/TH06, The Springs 3

What did villa S03/TH06 last sell for?

AED 4,200,000 on 18 July 2024: AED 1,778 per sqft for 2,362 sqft. The villa has 4 registered sales; the first was AED 333,944 in March 2008.

What is the rent for villa S03/TH06?

AED 121,097 a year on the contract signed on 15 July 2022. The previous contract, from July 2021, was AED 120,000; the villa has been rented since September 2014.

How big is villa S03/TH06?

2,362 sqft (219.4 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S03/TH06 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 S03/TH06, The Springs 3

Starts from the last sale price (AED 4.2M, 18 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

Plus AED 181,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →