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3-bed · 2,365 sqftThe Springs 3, The Springs · completed 2004

S06/TH16, The Springs 3

Sold prices and rental history: sold 7 times, last in December 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH16 · DLD and Ejari recordsUpdated 13 December 2023
Last soldAED 4.15M13 December 2023
Current rentAED 265K /yr22 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH16, The Springs 3

What is S06/TH16 worth today?

Last sold for AED 4,150,000 in 2023

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13 Dec 2023SoldReady
AED 4,150,000AED 1,755 per sqft
22 Nov 2022RentedNew contract
AED 265,000/yr12 months · AED 112 per sqft
23 Jun 2022SoldReady
AED 3,350,000AED 1,416 per sqft
2 Feb 2021SoldReady
AED 2,475,000AED 1,046 per sqft
26 Aug 2019SoldReady
AED 1,620,000AED 685 per sqft
3 Sep 2018SoldReady
AED 1,700,000AED 718 per sqft
20 Nov 2014SoldReady
AED 2,735,000AED 1,156 per sqft
1 Aug 2014RentedNew contract
AED 175,000/yr12 months · AED 74 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2023.

Key facts

Type
3-bed villa
Size
2,365 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 4.15M · December 2023
Community
The Springs 3

About S06/TH16, The Springs 3

S06/TH16 is a three-bedroom villa of 2,365 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 13 December 2023 for AED 4,150,000, or AED 1,755 per sqft, 19% above the AED 1,474 three-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 22 November 2022, is AED 265,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 5,000 a year.

Sales and rents for S06/TH16 over time

Sales
Villa S06/TH16, 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, April 2008: AED 661,888 (AED 279 per sqft)Sold, November 2014: AED 2,735,000 (AED 1,156 per sqft)Sold, September 2018: AED 1,700,000 (AED 718 per sqft)Sold, August 2019: AED 1,620,000 (AED 685 per sqft)Sold, February 2021: AED 2,475,000 (AED 1,046 per sqft)Sold, June 2022: AED 3,350,000 (AED 1,416 per sqft)Sold, December 2023: AED 4,150,000 (AED 1,755 per sqft)

S06/TH16 has sold 7 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH16, each contractTypical three-bed in The Springs 3
100K200K20112015201920232027Typical 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, June 2013: AED 135,000 a yearNew contract, August 2014: AED 175,000 a yearNew contract, November 2022: AED 265,000 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 S06/TH16 sits

All 193 3-beds →

S06/TH16 last sold in December 2023 at AED 1,755 per sqft, 19% above what three-beds in The Springs 3 were fetching at the time (AED 1,474). 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. S06/TH16's AED 265,000 is in the lower 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 →

S06/TH16, The Springs 3 in numbers

  • Sold 7 times: first on 29 April 2008 for AED 661,888, last on 13 December 2023 for AED 4,150,000 (AED 1,755 per sqft).
  • Rented since June 2013 on 3 Ejari contracts, from AED 135,000 to AED 265,000 a year.
  • At AED 265,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 5,000 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 December 2023.

Questions about S06/TH16, The Springs 3

What did villa S06/TH16 last sell for?

AED 4,150,000 on 13 December 2023: AED 1,755 per sqft for 2,365 sqft. The villa has 7 registered sales; the first was AED 661,888 in April 2008.

What is the rent for villa S06/TH16?

AED 265,000 a year on the contract signed on 22 November 2022. The previous contract, from August 2014, was AED 175,000; the villa has been rented since June 2013.

How big is villa S06/TH16?

2,365 sqft (219.7 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S06/TH16 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 S06/TH16, The Springs 3

Starts from the last sale price (AED 4.15M, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

Plus AED 179,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →