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3-bed · 2,901 sqftThe Springs 3, The Springs · completed 2004

S03/TH32, The Springs 3

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH32 · DLD and Ejari recordsUpdated 3 March 2023
Last soldAED 4.2M3 March 2023
Current rentAED 175K /yr10 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH32, The Springs 3

What is S03/TH32 worth today?

Last sold for AED 4,200,000 in 2023

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3 Mar 2023SoldReady
AED 4,200,000AED 1,447 per sqft
10 May 2022RentedRenewal
AED 175,000/yr26 months · AED 60 per sqft
10 May 2021RentedRenewal
AED 170,000/yr12 months · AED 59 per sqft
10 May 2020RentedRenewal
AED 170,000/yr12 months · AED 59 per sqft
10 May 2018RentedRenewal
AED 190,000/yr12 months · AED 65 per sqft
10 May 2017RentedNew contract
AED 190,000/yr12 months · AED 65 per sqft
1 Jul 2012RentedNew contract
AED 180,000/yr12 months · AED 62 per sqft
24 Jun 2007Sold by developerReady
AED 1,191,888AED 410 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 March 2023.

Key facts

Type
3-bed villa
Size
2,901 sqft
Developer
Emaar
Completed
2004
Service charge
AED 6,200 /yr
Last sold
AED 4.2M · March 2023
Community
The Springs 3

About S03/TH32, The Springs 3

S03/TH32 is a three-bedroom villa of 2,901 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 3 March 2023 for AED 4,200,000, or AED 1,447 per sqft, 10% above the AED 1,310 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 10 May 2022, is AED 175,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 6,200 a year.

Sales and rents for S03/TH32 over time

Sales
Villa S03/TH32, 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, June 2007: AED 1,191,888 (AED 410 per sqft)Sold, March 2023: AED 4,200,000 (AED 1,447 per sqft)

S03/TH32 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH32, 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, July 2012: AED 180,000 a yearNew contract, May 2017: AED 190,000 a yearRenewal, May 2018: AED 190,000 a yearRenewal, May 2020: AED 170,000 a yearRenewal, May 2021: AED 170,000 a yearRenewal, May 2022: AED 175,000 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/TH32 sits

All 193 3-beds →

S03/TH32 last sold in March 2023 at AED 1,447 per sqft, 10% above what three-beds in The Springs 3 were fetching at the time (AED 1,310). 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/TH32's AED 175,000 is in the lower half 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/TH32, The Springs 3 in numbers

  • Sold twice: first on 24 June 2007 for AED 1,191,888, last on 3 March 2023 for AED 4,200,000 (AED 1,447 per sqft).
  • Rented since July 2012 on 6 Ejari contracts, from AED 180,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 6,200 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 3 March 2023.

Questions about S03/TH32, The Springs 3

What did villa S03/TH32 last sell for?

AED 4,200,000 on 3 March 2023: AED 1,447 per sqft for 2,901 sqft. The villa has 2 registered sales; the first was AED 1,191,888 in June 2007.

What is the rent for villa S03/TH32?

AED 175,000 a year on the contract renewed on 10 May 2022. The previous contract, from May 2021, was AED 170,000; the villa has been rented since July 2012.

How big is villa S03/TH32?

2,901 sqft (269.5 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S03/TH32 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/TH32, The Springs 3

Starts from the last sale price (AED 4.2M, 3 March 2023). 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 →