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4-bed · 2,531 sqftThe Springs 3, The Springs · completed 2004

S05/TH56, The Springs 3

Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH56 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 2.88M21 March 2013
Current rentAED 180K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH56, The Springs 3

What is S05/TH56 worth today?

Last sold for AED 2,875,000 in 2013

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1 Sep 2024RentedRenewal
AED 180,000/yr12 months · AED 71 per sqft
1 Sep 2023RentedRenewal
AED 160,000/yr12 months · AED 63 per sqft
1 Sep 2022RentedRenewal
AED 138,000/yr12 months · AED 55 per sqft
1 Sep 2020RentedNew contract
AED 125,000/yr12 months · AED 49 per sqft
21 Mar 2013SoldReady
AED 2,875,000AED 1,135 per sqft
8 Jun 2008Sold by developerReady
AED 1,325,000AED 523 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

Type
4-bed villa
Size
2,531 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,400 /yr
Last sold
AED 2.88M · March 2013
Community
The Springs 3

About S05/TH56, The Springs 3

S05/TH56 is a four-bedroom villa of 2,531 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 21 March 2013 for AED 2,875,000, or AED 1,135 per sqft, 35% above the AED 842 four-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 180,000 a year: a gross yield of 6.3% on the 2013 price, before the service charge of about AED 5,400 a year.

Sales and rents for S05/TH56 over time

Sales
Villa S05/TH56, 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, June 2008: AED 1,325,000 (AED 523 per sqft)Sold, March 2013: AED 2,875,000 (AED 1,135 per sqft)

S05/TH56 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa S05/TH56, each contractTypical four-bed in The Springs 3
100K200K300K2012201620202024Typical 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, September 2020: AED 125,000 a yearRenewal, September 2022: AED 138,000 a yearRenewal, September 2023: AED 160,000 a yearRenewal, September 2024: AED 180,000 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 S05/TH56 sits

All 75 4-beds →

S05/TH56 last sold in March 2013 at AED 1,135 per sqft, 35% above what four-beds in The Springs 3 were fetching at the time (AED 842). S05/TH56's AED 180,000 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 →

S05/TH56, The Springs 3 in numbers

  • Sold twice: first on 8 June 2008 for AED 1,325,000, last on 21 March 2013 for AED 2,875,000 (AED 1,135 per sqft).
  • Rented since September 2020 on 4 Ejari contracts, from AED 125,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2013 price is 6.3%, before a service charge of about AED 5,400 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Questions about S05/TH56, The Springs 3

What did villa S05/TH56 last sell for?

AED 2,875,000 on 21 March 2013: AED 1,135 per sqft for 2,531 sqft. The villa has 2 registered sales; the first was AED 1,325,000 in June 2008.

What is the rent for villa S05/TH56?

AED 180,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 160,000; the villa has been rented since September 2020.

How big is villa S05/TH56?

2,531 sqft (235.1 sqm): a four-bedroom villa in The Springs 3, completed in 2004.

What is villa S05/TH56 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 S05/TH56, The Springs 3

Starts from the last sale price (AED 2.88M, 21 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,875,000
Deposit, UAE resident (20%)
AED 575,000
Deposit, non-resident (40%)
AED 1,150,000
Monthly over 25 years at 3.7%
AED 11,763

Plus AED 125,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →