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2-bed · 1,764 sqftThe Springs 3, The Springs · completed 2004

S05/TH24, The Springs 3

Sold prices and rental history: sold 4 times, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH24 · DLD and Ejari recordsUpdated 25 April 2022
Last soldAED 1.95M22 April 2022
Current rentAED 100K /yr25 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH24, The Springs 3

What is S05/TH24 worth today?

Last sold for AED 1,950,000 in 2022

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25 Apr 2022RentedRenewal
AED 100,196/yr10 months · AED 57 per sqft
22 Apr 2022SoldReady
AED 1,950,000AED 1,105 per sqft
25 Apr 2021RentedNew contract
AED 100,000/yr12 months · AED 57 per sqft
15 Apr 2020RentedRenewal
AED 97,500/yr12 months · AED 55 per sqft
15 Apr 2019RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
28 Sep 2018RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
27 Sep 2017RentedNew contract
AED 125,000/yr12 months · AED 71 per sqft
10 Jun 2016RentedRenewal
AED 120,698/yr12 months · AED 68 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2022.

Key facts

Type
2-bed villa
Size
1,764 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 1.95M · April 2022
Community
The Springs 3

About S05/TH24, The Springs 3

S05/TH24 is a two-bedroom villa of 1,764 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 22 April 2022 for AED 1,950,000, or AED 1,105 per sqft, 11% above the AED 994 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 25 April 2022, is AED 100,196 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 3,800 a year.

Sales and rents for S05/TH24 over time

Sales
Villa S05/TH24, each saleTypical two-bed in The Springs 3
02M4M20072012201720222027Typical sale price by year: 2007 AED 488,888; 2008 AED 727,200; 2009 AED 670,000; 2010 AED 701,694; 2011 AED 822,500; 2012 AED 1,395,000; 2013 AED 1,630,000; 2014 AED 2,095,000; 2015 AED 1,900,000; 2016 AED 1,800,000; 2017 AED 1,702,800; 2018 AED 1,497,500; 2019 AED 1,425,000; 2020 AED 1,200,000; 2021 AED 1,600,000; 2022 AED 1,800,000; 2023 AED 2,250,000; 2024 AED 2,750,000; 2025 AED 3,100,000; 2026 AED 4,325,000Sold by developer, May 2010: AED 537,888 (AED 304 per sqft)Sold, December 2010: AED 1,095,000 (AED 620 per sqft)Sold, April 2012: AED 1,425,000 (AED 807 per sqft)Sold, April 2022: AED 1,950,000 (AED 1,105 per sqft)

S05/TH24 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S05/TH24, each contractTypical two-bed in The Springs 3
100K150K20112015201920232027Typical rent by year: 2011 AED 85,000; 2012 AED 85,000; 2013 AED 99,484; 2014 AED 120,000; 2015 AED 126,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 94,000; 2020 AED 85,000; 2021 AED 86,125; 2022 AED 100,000; 2023 AED 120,039; 2024 AED 140,000; 2025 AED 145,000; 2026 AED 160,000New contract, June 2013: AED 99,750 a yearRenewal, June 2014: AED 109,725 a yearNew contract, June 2015: AED 120,698 a yearRenewal, June 2016: AED 120,698 a yearNew contract, September 2017: AED 125,000 a yearNew contract, September 2018: AED 120,000 a yearNew contract, April 2019: AED 110,000 a yearRenewal, April 2020: AED 97,500 a yearNew contract, April 2021: AED 100,000 a yearRenewal, April 2022: AED 100,196 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in The Springs 3, and where S05/TH24 sits

All 180 2-beds →

S05/TH24 last sold in April 2022 at AED 1,105 per sqft, 11% above what two-beds in The Springs 3 were fetching at the time (AED 994). Over the last 12 months two-beds sold for AED 2,770,000 to 4,510,000, around AED 1,991 per sqft, and rent for AED 104,000 to 265,000 a year. S05/TH24's AED 100,196 is at the bottom of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
5 Feb 20264,510,000
29 Jan 20263,250,000
26 Jan 20264,325,000
3 Dec 20252,770,000
5 2-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/TH24, The Springs 3 in numbers

  • Sold 4 times: first on 10 May 2010 for AED 537,888, last on 22 April 2022 for AED 1,950,000 (AED 1,105 per sqft).
  • Rented since June 2013 on 10 Ejari contracts, from AED 99,750 to AED 100,196 a year.
  • At AED 100,196 a year the gross yield on the 2022 price is 5.1%, before a service charge of about AED 3,800 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 3 sold for AED 2,770,000–4,510,000 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 April 2022.

Questions about S05/TH24, The Springs 3

What did villa S05/TH24 last sell for?

AED 1,950,000 on 22 April 2022: AED 1,105 per sqft for 1,764 sqft. The villa has 4 registered sales; the first was AED 537,888 in May 2010.

What is the rent for villa S05/TH24?

AED 100,196 a year on the contract renewed on 25 April 2022. The previous contract, from April 2021, was AED 100,000; the villa has been rented since June 2013.

How big is villa S05/TH24?

1,764 sqft (163.9 sqm): a two-bedroom villa in The Springs 3, completed in 2004.

What is villa S05/TH24 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 3 sold for AED 2,770,000 to 4,510,000 in the last 12 months, around AED 1,991 per sqft.

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Mortgage on S05/TH24, The Springs 3

Starts from the last sale price (AED 1.95M, 22 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →