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3-bed · 2,377 sqftThe Springs 3, The Springs · completed 2004

S03/TH07, The Springs 3

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

Villa S03/TH07 · DLD and Ejari recordsUpdated 19 December 2022
Last soldAED 2.6M19 December 2022
Current rentAED 117K /yr11 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH07, The Springs 3

What is S03/TH07 worth today?

Last sold for AED 2,600,000 in 2022

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19 Dec 2022SoldReady
AED 2,600,000AED 1,094 per sqft
11 Jul 2022RentedRenewal
AED 116,600/yr12 months · AED 49 per sqft
11 Jul 2021RentedRenewal
AED 106,000/yr12 months · AED 45 per sqft
27 Jun 2020RentedNew contract
AED 106,000/yr12 months · AED 45 per sqft
15 Nov 2015SoldReady
AED 2,485,000AED 1,045 per sqft
4 Feb 2015RentedRenewal
AED 175,000/yr12 months · AED 74 per sqft
4 Feb 2014RentedNew contract
AED 170,000/yr12 months · AED 72 per sqft
14 Aug 2011SoldReady
AED 1,690,000AED 711 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 December 2022.

Key facts

Type
3-bed villa
Size
2,377 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,100 /yr
Last sold
AED 2.6M · December 2022
Community
The Springs 3

About S03/TH07, The Springs 3

S03/TH07 is a three-bedroom villa of 2,377 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 19 December 2022 for AED 2,600,000, or AED 1,094 per sqft, 13% below the AED 1,264 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 11 July 2022, is AED 116,600 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 5,100 a year.

Sales and rents for S03/TH07 over time

Sales
Villa S03/TH07, 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, December 2009: AED 667,888 (AED 281 per sqft)Sold, August 2011: AED 1,690,000 (AED 711 per sqft)Sold, November 2015: AED 2,485,000 (AED 1,045 per sqft)Sold, December 2022: AED 2,600,000 (AED 1,094 per sqft)

S03/TH07 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH07, 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, February 2014: AED 170,000 a yearRenewal, February 2015: AED 175,000 a yearNew contract, June 2020: AED 106,000 a yearRenewal, July 2021: AED 106,000 a yearRenewal, July 2022: AED 116,600 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/TH07 sits

All 193 3-beds →

S03/TH07 last sold in December 2022 at AED 1,094 per sqft, 13% below what three-beds in The Springs 3 were fetching at the time (AED 1,264). 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/TH07's AED 116,600 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/TH07, The Springs 3 in numbers

  • Sold 4 times: first on 6 December 2009 for AED 667,888, last on 19 December 2022 for AED 2,600,000 (AED 1,094 per sqft).
  • Rented since February 2014 on 5 Ejari contracts, from AED 170,000 to AED 116,600 a year.
  • At AED 116,600 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 5,100 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 19 December 2022.

Questions about S03/TH07, The Springs 3

What did villa S03/TH07 last sell for?

AED 2,600,000 on 19 December 2022: AED 1,094 per sqft for 2,377 sqft. The villa has 4 registered sales; the first was AED 667,888 in December 2009.

What is the rent for villa S03/TH07?

AED 116,600 a year on the contract renewed on 11 July 2022. The previous contract, from July 2021, was AED 106,000; the villa has been rented since February 2014.

How big is villa S03/TH07?

2,377 sqft (220.8 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S03/TH07 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/TH07, The Springs 3

Starts from the last sale price (AED 2.6M, 19 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →