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

S05/TH02, The Springs 3

Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH02 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 4.19M23 February 2014
Current rentAED 305K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH02, The Springs 3

What is S05/TH02 worth today?

Last sold for AED 4,185,000 in 2014

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15 Nov 2024RentedNew contract
AED 305,000/yr24 months · AED 105 per sqft
5 May 2024RentedRenewal
AED 205,000/yr12 months · AED 71 per sqft
5 May 2023RentedRenewal
AED 200,000/yr12 months · AED 69 per sqft
5 May 2022RentedRenewal
AED 182,500/yr12 months · AED 63 per sqft
5 May 2021RentedRenewal
AED 170,000/yr12 months · AED 59 per sqft
5 May 2020RentedRenewal
AED 175,000/yr12 months · AED 60 per sqft
5 May 2018RentedRenewal
AED 205,000/yr12 months · AED 71 per sqft
5 May 2017RentedNew contract
AED 215,000/yr12 months · AED 74 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.

Key facts

Type
3-bed villa
Size
2,901 sqft
Developer
Emaar
Completed
2004
Service charge
AED 6,200 /yr
Last sold
AED 4.19M · February 2014
Community
The Springs 3

About S05/TH02, The Springs 3

S05/TH02 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 23 February 2014 for AED 4,185,000, or AED 1,442 per sqft, 25% above the AED 1,158 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 15 November 2024, is AED 305,000 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 6,200 a year.

Sales and rents for S05/TH02 over time

Sales
Villa S05/TH02, 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, July 2007: AED 2,133,600 (AED 735 per sqft)Sold, February 2014: AED 4,185,000 (AED 1,442 per sqft)

S05/TH02 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S05/TH02, each contractTypical three-bed in The Springs 3
100K200K300K20112015201920232027Typical 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 2013: AED 225,800 a yearNew contract, July 2014: AED 225,800 a yearNew contract, August 2015: AED 225,000 a yearNew contract, April 2016: AED 220,000 a yearNew contract, May 2017: AED 215,000 a yearRenewal, May 2018: AED 205,000 a yearRenewal, May 2020: AED 175,000 a yearRenewal, May 2021: AED 170,000 a yearRenewal, May 2022: AED 182,500 a yearRenewal, May 2023: AED 200,000 a yearRenewal, May 2024: AED 205,000 a yearNew contract, November 2024: AED 305,000 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 S05/TH02 sits

All 193 3-beds →

S05/TH02 last sold in February 2014 at AED 1,442 per sqft, 25% above what three-beds in The Springs 3 were fetching at the time (AED 1,158). 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. S05/TH02's AED 305,000 is in the upper 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 →

S05/TH02, The Springs 3 in numbers

  • Sold twice: first on 17 July 2007 for AED 2,133,600, last on 23 February 2014 for AED 4,185,000 (AED 1,442 per sqft).
  • Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 225,800 to AED 170,000 in 2021 and recovered to AED 305,000 by November 2024.
  • At AED 305,000 a year the gross yield on the 2014 price is 7.3%, 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 15 November 2024.

Questions about S05/TH02, The Springs 3

What did villa S05/TH02 last sell for?

AED 4,185,000 on 23 February 2014: AED 1,442 per sqft for 2,901 sqft. The villa has 2 registered sales; the first was AED 2,133,600 in July 2007.

What is the rent for villa S05/TH02?

AED 305,000 a year on the contract signed on 15 November 2024. The previous contract, from May 2024, was AED 205,000; the villa has been rented since July 2013.

How big is villa S05/TH02?

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

What is villa S05/TH02 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 S05/TH02, The Springs 3

Starts from the last sale price (AED 4.19M, 23 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,185,000
Deposit, UAE resident (20%)
AED 837,000
Deposit, non-resident (40%)
AED 1,674,000
Monthly over 25 years at 3.7%
AED 17,122

Plus AED 180,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →