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4-bed · 2,531 sqftThe Springs 3, The Springs · completed 2004

S03/TH18, The Springs 3

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH18 · DLD and Ejari recordsUpdated 19 December 2022
Last soldAED 3.1M19 December 2022
Current rentAED 120K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH18, The Springs 3

What is S03/TH18 worth today?

Last sold for AED 3,100,000 in 2022

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19 Dec 2022SoldReady
AED 3,100,000AED 1,224 per sqft
1 Apr 2022RentedRenewal
AED 120,000/yr12 months · AED 47 per sqft
1 Apr 2021RentedRenewal
AED 120,000/yr12 months · AED 47 per sqft
15 Apr 2019RentedRenewal
AED 155,000/yr12 months · AED 61 per sqft
15 Apr 2018RentedNew contract
AED 155,000/yr12 months · AED 61 per sqft
4 Nov 2016RentedNew contract
AED 185,000/yr12 months · AED 73 per sqft
5 Nov 2014RentedNew contract
AED 190,000/yr12 months · AED 75 per sqft
22 Oct 2014SoldReady
AED 3,400,000AED 1,343 per sqft

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

Key facts

Type
4-bed villa
Size
2,531 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,400 /yr
Last sold
AED 3.1M · December 2022
Community
The Springs 3

About S03/TH18, The Springs 3

S03/TH18 is a four-bedroom villa of 2,531 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 3,100,000, or AED 1,224 per sqft, in line with the AED 1,201 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 120,000 a year: a gross yield of 3.9% on the 2022 price, before the service charge of about AED 5,400 a year.

Sales and rents for S03/TH18 over time

Sales
Villa S03/TH18, each saleTypical four-bed in The Springs 3
02M4M2007201220172022Typical sale price by year: 2007 AED 787,888; 2008 AED 1,350,000; 2009 AED 1,658,300; 2010 AED 1,180,444; 2011 AED 2,030,000; 2012 AED 2,160,000; 2013 AED 2,875,000; 2014 AED 3,250,000; 2015 AED 2,900,000; 2016 AED 2,937,500; 2017 AED 2,715,000; 2018 AED 2,575,000; 2019 AED 2,000,000; 2021 AED 2,750,000; 2022 AED 3,200,000; 2023 AED 4,237,500Sold by developer, December 2007: AED 393,944 (AED 155 per sqft)Sold, October 2014: AED 3,400,000 (AED 1,343 per sqft)Sold, December 2022: AED 3,100,000 (AED 1,224 per sqft)

S03/TH18 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa S03/TH18, each contractTypical four-bed in The Springs 3
100K200K300K2012201620202024Typical rent by year: 2012 AED 155,000; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 190,000; 2017 AED 184,504; 2018 AED 165,000; 2019 AED 155,000; 2020 AED 140,000; 2021 AED 143,375; 2022 AED 155,000; 2023 AED 182,500; 2024 AED 207,875; 2025 AED 295,000; 2026 AED 245,000New contract, August 2012: AED 115,000 a yearNew contract, August 2013: AED 114,606 a yearNew contract, November 2014: AED 190,000 a yearNew contract, November 2016: AED 185,000 a yearNew contract, April 2018: AED 155,000 a yearRenewal, April 2019: AED 155,000 a yearRenewal, April 2021: AED 120,000 a yearRenewal, April 2022: AED 120,000 a year

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

4-beds in The Springs 3, and where S03/TH18 sits

All 75 4-beds →

S03/TH18 last sold in December 2022 at AED 1,224 per sqft, in line with what four-beds in The Springs 3 were fetching at the time (AED 1,201). S03/TH18's AED 120,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
5 Feb 20244,600,000
27 Sep 20234,125,000
22 Aug 20234,350,000
4 Jul 20234,200,000
0 4-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/TH18, The Springs 3 in numbers

  • Sold 3 times: first on 12 December 2007 for AED 393,944, last on 19 December 2022 for AED 3,100,000 (AED 1,224 per sqft).
  • Rented since August 2012 on 8 Ejari contracts, from AED 115,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 3.9%, before a service charge of about AED 5,400 a year (AED 2.13 per sqft).

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

Questions about S03/TH18, The Springs 3

What did villa S03/TH18 last sell for?

AED 3,100,000 on 19 December 2022: AED 1,224 per sqft for 2,531 sqft. The villa has 3 registered sales; the first was AED 393,944 in December 2007.

What is the rent for villa S03/TH18?

AED 120,000 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 120,000; the villa has been rented since August 2012.

How big is villa S03/TH18?

2,531 sqft (235.1 sqm): a four-bedroom villa in The Springs 3, completed in 2004.

What is villa S03/TH18 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on S03/TH18, The Springs 3

Starts from the last sale price (AED 3.1M, 19 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →