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3-bed · 2,920 sqftThe Springs 3, The Springs · completed 2004

S03/TH37, The Springs 3

Sold prices and rental history: sold twice, last in October 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH37 · DLD and Ejari recordsUpdated 10 November 2019
Last soldAED 2.48M29 October 2019
Current rentAED 175K /yr10 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH37, The Springs 3

What is S03/TH37 worth today?

Last sold for AED 2,475,000 in 2019

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10 Nov 2019RentedNew contract
AED 175,000/yr12 months · AED 60 per sqft
29 Oct 2019SoldReady
AED 2,475,000AED 847 per sqft
10 Nov 2018RentedRenewal
AED 183,000/yr12 months · AED 63 per sqft
10 Nov 2017RentedNew contract
AED 183,000/yr12 months · AED 63 per sqft
7 Nov 2016RentedNew contract
AED 205,000/yr12 months · AED 70 per sqft
29 Mar 2010Sold by developerReady
AED 1,191,888AED 408 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2019.

Key facts

Type
3-bed villa
Size
2,920 sqft
Developer
Emaar
Completed
2004
Service charge
AED 6,200 /yr
Last sold
AED 2.48M · October 2019
Community
The Springs 3

About S03/TH37, The Springs 3

S03/TH37 is a three-bedroom villa of 2,920 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 29 October 2019 for AED 2,475,000, or AED 847 per sqft, in line with the AED 847 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 10 November 2019, is AED 175,000 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 6,200 a year.

Sales and rents for S03/TH37 over time

Sales
Villa S03/TH37, 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 2010: AED 1,191,888 (AED 408 per sqft)Sold, October 2019: AED 2,475,000 (AED 847 per sqft)

S03/TH37 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH37, 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, November 2016: AED 205,000 a yearNew contract, November 2017: AED 183,000 a yearRenewal, November 2018: AED 183,000 a yearNew contract, November 2019: 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/TH37 sits

All 193 3-beds →

S03/TH37 last sold in October 2019 at AED 847 per sqft, in line with what three-beds in The Springs 3 were fetching at the time (AED 847). 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/TH37'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/TH37, The Springs 3 in numbers

  • Sold twice: first on 29 March 2010 for AED 1,191,888, last on 29 October 2019 for AED 2,475,000 (AED 847 per sqft).
  • Rented since November 2016 on 4 Ejari contracts, from AED 205,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2019 price is 7.1%, 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 10 November 2019.

Questions about S03/TH37, The Springs 3

What did villa S03/TH37 last sell for?

AED 2,475,000 on 29 October 2019: AED 847 per sqft for 2,920 sqft. The villa has 2 registered sales; the first was AED 1,191,888 in March 2010.

What is the rent for villa S03/TH37?

AED 175,000 a year on the contract signed on 10 November 2019. The previous contract, from November 2018, was AED 183,000; the villa has been rented since November 2016.

How big is villa S03/TH37?

2,920 sqft (271.3 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S03/TH37 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/TH37, The Springs 3

Starts from the last sale price (AED 2.48M, 29 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,475,000
Deposit, UAE resident (20%)
AED 495,000
Deposit, non-resident (40%)
AED 990,000
Monthly over 25 years at 3.7%
AED 10,126

Plus AED 108,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →