4-bed · 2,704 sqftThe Springs 3, The Springs · completed 2004

S04/TH03, The Springs 3

Sold prices and rental history: sold 4 times, last in February 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH03 · DLD and Ejari recordsUpdated 24 February 2023
Last soldAED 3.4M24 February 2023
Current rentAED 136K /yr20 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH03, The Springs 3

What is S04/TH03 worth today?

Last sold for AED 3,400,000 in 2023

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24 Feb 2023SoldReady
AED 3,400,000AED 1,257 per sqft
20 Dec 2020RentedRenewal
AED 136,000/yr24 months · AED 50 per sqft
20 Dec 2018RentedNew contract
AED 145,000/yr12 months · AED 54 per sqft
1 Sep 2017RentedNew contract
AED 175,000/yr12 months · AED 65 per sqft
2 Jul 2014SoldReady
AED 3,800,000AED 1,405 per sqft
3 Jun 2013RentedNew contract
AED 190,000/yr12 months · AED 70 per sqft
27 Apr 2008SoldReady
AED 3,200,000AED 1,183 per sqft
5 Jul 2007Sold by developerReady
AED 1,150,000AED 425 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 February 2023.

Key facts

Type
4-bed villa
Size
2,704 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,800 /yr
Last sold
AED 3.4M · February 2023
Community
The Springs 3

About S04/TH03, The Springs 3

S04/TH03 is a four-bedroom villa of 2,704 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 24 February 2023 for AED 3,400,000, or AED 1,257 per sqft, 3% above the AED 1,220 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 20 December 2020, is AED 136,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 5,800 a year.

Sales and rents for S04/TH03 over time

Sales
Villa S04/TH03, 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 1,150,000 (AED 425 per sqft)Sold, April 2008: AED 3,200,000 (AED 1,183 per sqft)Sold, July 2014: AED 3,800,000 (AED 1,405 per sqft)Sold, February 2023: AED 3,400,000 (AED 1,257 per sqft)

S04/TH03 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa S04/TH03, 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, June 2013: AED 190,000 a yearNew contract, September 2017: AED 175,000 a yearNew contract, December 2018: AED 145,000 a yearRenewal, December 2020: AED 136,000 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 S04/TH03 sits

All 75 4-beds →

S04/TH03 last sold in February 2023 at AED 1,257 per sqft, 3% above what four-beds in The Springs 3 were fetching at the time (AED 1,220). S04/TH03's AED 136,000 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 →

S04/TH03, The Springs 3 in numbers

  • Sold 4 times: first on 5 July 2007 for AED 1,150,000, last on 24 February 2023 for AED 3,400,000 (AED 1,257 per sqft).
  • Rented since June 2013 on 4 Ejari contracts, from AED 190,000 to AED 136,000 a year.
  • At AED 136,000 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 5,800 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 24 February 2023.

Questions about S04/TH03, The Springs 3

What did villa S04/TH03 last sell for?

AED 3,400,000 on 24 February 2023: AED 1,257 per sqft for 2,704 sqft. The villa has 4 registered sales; the first was AED 1,150,000 in July 2007.

What is the rent for villa S04/TH03?

AED 136,000 a year on the contract renewed on 20 December 2020. The previous contract, from December 2018, was AED 145,000; the villa has been rented since June 2013.

How big is villa S04/TH03?

2,704 sqft (251.2 sqm): a four-bedroom villa in The Springs 3, completed in 2004.

What is villa S04/TH03 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 S04/TH03, The Springs 3

Starts from the last sale price (AED 3.4M, 24 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →