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3-bed · 2,377 sqftThe Springs 3, The Springs · completed 2004

S05/TH37, The Springs 3

Sold prices and rental history: sold once, by the developer in July 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH37 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 662K16 July 2007
Current rentAED 132K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH37, The Springs 3

What is S05/TH37 worth today?

Last sold for AED 661,888 in 2007

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1 Oct 2023RentedRenewal
AED 132,000/yr12 months · AED 56 per sqft
1 Oct 2022RentedNew contract
AED 120,000/yr12 months · AED 50 per sqft
1 Oct 2021RentedNew contract
AED 120,000/yr12 months · AED 50 per sqft
10 Aug 2020RentedNew contract
AED 120,000/yr12 months · AED 50 per sqft
10 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 50 per sqft
1 Jan 2018RentedNew contract
AED 158,500/yr18 months · AED 67 per sqft
25 Nov 2015RentedRenewal
AED 173,250/yr12 months · AED 73 per sqft
25 Nov 2014RentedNew contract
AED 165,000/yr12 months · AED 69 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2023.

Key facts

Type
3-bed villa
Size
2,377 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,100 /yr
Last sold
AED 662K · July 2007
Community
The Springs 3

About S05/TH37, The Springs 3

S05/TH37 is a three-bedroom villa of 2,377 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 16 July 2007 for AED 661,888, or AED 278 per sqft, 16% below the AED 329 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 132,000 a year: a gross yield of 19.9% on the 2007 price, before the service charge of about AED 5,100 a year.

Sales and rents for S05/TH37 over time

Sales
Villa S05/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, July 2007: AED 661,888 (AED 278 per sqft)

S05/TH37 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S05/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 2013: AED 160,000 a yearNew contract, November 2014: AED 165,000 a yearRenewal, November 2015: AED 173,250 a yearNew contract, January 2018: AED 158,500 a yearNew contract, August 2019: AED 120,000 a yearNew contract, August 2020: AED 120,000 a yearNew contract, October 2021: AED 120,000 a yearNew contract, October 2022: AED 120,000 a yearRenewal, October 2023: AED 132,000 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/TH37 sits

All 193 3-beds →

S05/TH37 last sold in July 2007 at AED 278 per sqft, 16% below what three-beds in The Springs 3 were fetching at the time (AED 329). 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/TH37's AED 132,000 is at the bottom 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/TH37, The Springs 3 in numbers

  • Sold once: by Emaar on 16 July 2007 for AED 661,888, or AED 278 per sqft.
  • Rented since November 2013 on 9 Ejari contracts, from AED 160,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2007 price is 19.9%, before a service charge of about AED 5,100 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 1 October 2023.

Questions about S05/TH37, The Springs 3

What did villa S05/TH37 last sell for?

AED 661,888 on 16 July 2007, sold by the developer: AED 278 per sqft for 2,377 sqft. It is the only registered sale of the villa.

What is the rent for villa S05/TH37?

AED 132,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 120,000; the villa has been rented since November 2013.

How big is villa S05/TH37?

2,377 sqft (220.8 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S05/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 S05/TH37, The Springs 3

Starts from the last sale price (AED 662K, 16 July 2007). Switch to today's estimate once you have unlocked it.
Price
AED 661,888
Deposit, UAE resident (20%)
AED 132,378
Deposit, non-resident (40%)
AED 264,755
Monthly over 25 years at 3.7%
AED 2,708

Plus AED 32,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →