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3-bed · 2,379 sqftThe Springs 3, The Springs · completed 2004

S05/TH53, The Springs 3

Sold prices and rental history: sold twice, last in August 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH53 · DLD and Ejari recordsUpdated 13 August 2017
Last soldAED 2.25M13 August 2017
Current rentAED 160K /yr24 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH53, The Springs 3

What is S05/TH53 worth today?

Last sold for AED 2,250,000 in 2017

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13 Aug 2017SoldReady
AED 2,250,000AED 945 per sqft
24 Jul 2016RentedRenewal
AED 160,000/yr12 months · AED 67 per sqft
24 Jul 2014RentedNew contract
AED 165,000/yr12 months · AED 69 per sqft
20 Mar 2014Sold by developerReady
AED 667,888AED 280 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 August 2017.

Key facts

Type
3-bed villa
Size
2,379 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,100 /yr
Last sold
AED 2.25M · August 2017
Community
The Springs 3

About S05/TH53, The Springs 3

S05/TH53 is a three-bedroom villa of 2,379 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 13 August 2017 for AED 2,250,000, or AED 945 per sqft, 18% below the AED 1,152 three-beds in the community were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 24 July 2016, is AED 160,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 5,100 a year.

Sales and rents for S05/TH53 over time

Sales
Villa S05/TH53, 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, March 2014: AED 667,888 (AED 280 per sqft)Sold, August 2017: AED 2,250,000 (AED 945 per sqft)

S05/TH53 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S05/TH53, 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, July 2014: AED 165,000 a yearRenewal, July 2016: AED 160,000 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/TH53 sits

All 193 3-beds →

S05/TH53 last sold in August 2017 at AED 945 per sqft, 18% below what three-beds in The Springs 3 were fetching at the time (AED 1,152). 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/TH53's AED 160,000 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/TH53, The Springs 3 in numbers

  • Sold twice: first on 20 March 2014 for AED 667,888, last on 13 August 2017 for AED 2,250,000 (AED 945 per sqft).
  • Rented since July 2014 on 2 Ejari contracts, from AED 165,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2017 price is 7.1%, 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 13 August 2017.

Questions about S05/TH53, The Springs 3

What did villa S05/TH53 last sell for?

AED 2,250,000 on 13 August 2017: AED 945 per sqft for 2,379 sqft. The villa has 2 registered sales; the first was AED 667,888 in March 2014.

What is the rent for villa S05/TH53?

AED 160,000 a year on the contract renewed on 24 July 2016. The previous contract, from July 2014, was AED 165,000.

How big is villa S05/TH53?

2,379 sqft (221.0 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S05/TH53 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/TH53, The Springs 3

Starts from the last sale price (AED 2.25M, 13 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →