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

S03/TH20, The Springs 3

Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH20 · DLD and Ejari recordsUpdated 27 September 2020
Last soldAED 1.95M27 September 2020
Current rentAED 144K /yr8 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH20, The Springs 3

What is S03/TH20 worth today?

Last sold for AED 1,950,000 in 2020

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27 Sep 2020SoldReady
AED 1,950,000AED 770 per sqft
8 Feb 2019RentedRenewal
AED 144,000/yr12 months · AED 57 per sqft
8 Feb 2018RentedNew contract
AED 157,000/yr12 months · AED 62 per sqft
27 Apr 2016RentedRenewal
AED 200,000/yr12 months · AED 79 per sqft
27 Apr 2015RentedNew contract
AED 200,000/yr12 months · AED 79 per sqft
1 Mar 2015SoldReady
AED 2,900,000AED 1,145 per sqft
4 Jul 2007Sold by developerReady
AED 787,888AED 311 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 September 2020.

Key facts

Type
4-bed villa
Size
2,531 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,400 /yr
Last sold
AED 1.95M · September 2020
Community
The Springs 3

About S03/TH20, The Springs 3

S03/TH20 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 27 September 2020 for AED 1,950,000, or AED 770 per sqft, 4% above the AED 743 four-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 8 February 2019, is AED 144,000 a year: a gross yield of 7.4% on the 2020 price, before the service charge of about AED 5,400 a year.

Sales and rents for S03/TH20 over time

Sales
Villa S03/TH20, each saleTypical four-bed in The Springs 3
2M4M2007201220172022Typical 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, July 2007: AED 787,888 (AED 311 per sqft)Sold, March 2015: AED 2,900,000 (AED 1,145 per sqft)Sold, September 2020: AED 1,950,000 (AED 770 per sqft)

S03/TH20 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa S03/TH20, each contractTypical four-bed in The Springs 3
200K300K2012201620202024Typical 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, April 2015: AED 200,000 a yearRenewal, April 2016: AED 200,000 a yearNew contract, February 2018: AED 157,000 a yearRenewal, February 2019: AED 144,000 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/TH20 sits

All 75 4-beds →

S03/TH20 last sold in September 2020 at AED 770 per sqft, 4% above what four-beds in The Springs 3 were fetching at the time (AED 743). S03/TH20's AED 144,000 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/TH20, The Springs 3 in numbers

  • Sold 3 times: first on 4 July 2007 for AED 787,888, last on 27 September 2020 for AED 1,950,000 (AED 770 per sqft).
  • Rented since April 2015 on 4 Ejari contracts, from AED 200,000 to AED 144,000 a year.
  • At AED 144,000 a year the gross yield on the 2020 price is 7.4%, 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 27 September 2020.

Questions about S03/TH20, The Springs 3

What did villa S03/TH20 last sell for?

AED 1,950,000 on 27 September 2020: AED 770 per sqft for 2,531 sqft. The villa has 3 registered sales; the first was AED 787,888 in July 2007.

What is the rent for villa S03/TH20?

AED 144,000 a year on the contract renewed on 8 February 2019. The previous contract, from February 2018, was AED 157,000; the villa has been rented since April 2015.

How big is villa S03/TH20?

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

What is villa S03/TH20 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/TH20, The Springs 3

Starts from the last sale price (AED 1.95M, 27 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →