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

S03/TH40, The Springs 3

Sold prices and rental history: sold 4 times, last in February 2020, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH40 · DLD and Ejari recordsUpdated 25 February 2020
Last soldAED 2.65M25 February 2020
Current rentAED 200K /yr14 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH40, The Springs 3

What is S03/TH40 worth today?

Last sold for AED 2,650,000 in 2020

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25 Feb 2020SoldReady
AED 2,650,000AED 913 per sqft
8 Dec 2019SoldReady
AED 2,255,000AED 777 per sqft
3 Oct 2013SoldReady
AED 4,250,000AED 1,464 per sqft
14 Sep 2013RentedNew contract
AED 200,000/yr12 months · AED 69 per sqft
9 Jun 2008Sold by developerReady
AED 1,331,888AED 459 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 February 2020.

Key facts

Type
3-bed villa
Size
2,901 sqft
Developer
Emaar
Completed
2004
Service charge
AED 6,200 /yr
Last sold
AED 2.65M · February 2020
Community
The Springs 3

About S03/TH40, The Springs 3

S03/TH40 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 25 February 2020 for AED 2,650,000, or AED 913 per sqft, 16% above the AED 788 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 14 September 2013. The current contract, signed on 14 September 2013, is AED 200,000 a year: a gross yield of 7.5% on the 2020 price, before the service charge of about AED 6,200 a year.

Sales and rents for S03/TH40 over time

Sales
Villa S03/TH40, 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 2008: AED 1,331,888 (AED 459 per sqft)Sold, October 2013: AED 4,250,000 (AED 1,464 per sqft)Sold, December 2019: AED 2,255,000 (AED 777 per sqft)Sold, February 2020: AED 2,650,000 (AED 913 per sqft)

S03/TH40 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH40, 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, September 2013: AED 200,000 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/TH40 sits

All 193 3-beds →

S03/TH40 last sold in February 2020 at AED 913 per sqft, 16% above what three-beds in The Springs 3 were fetching at the time (AED 788). 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/TH40's AED 200,000 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/TH40, The Springs 3 in numbers

  • Sold 4 times: first on 9 June 2008 for AED 1,331,888, last on 25 February 2020 for AED 2,650,000 (AED 913 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2020 price is 7.5%, 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 25 February 2020.

Questions about S03/TH40, The Springs 3

What did villa S03/TH40 last sell for?

AED 2,650,000 on 25 February 2020: AED 913 per sqft for 2,901 sqft. The villa has 4 registered sales; the first was AED 1,331,888 in June 2008.

What is the rent for villa S03/TH40?

AED 200,000 a year on the contract signed on 14 September 2013.

How big is villa S03/TH40?

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

What is villa S03/TH40 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/TH40, The Springs 3

Starts from the last sale price (AED 2.65M, 25 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →