3-bed · 2,359 sqftThe Springs 3, The Springs · completed 2004

S06/TH37, The Springs 3

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH37 · DLD and Ejari recordsUpdated 5 October 2022
Last soldAED 925K20 August 2009
Current rentAED 145K /yr5 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH37, The Springs 3

What is S06/TH37 worth today?

Last sold for AED 925,000 in 2009

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5 Oct 2022RentedRenewal
AED 145,000/yr12 months · AED 61 per sqft
5 Oct 2021RentedRenewal
AED 120,000/yr12 months · AED 51 per sqft
5 Oct 2020RentedRenewal
AED 120,000/yr12 months · AED 51 per sqft
3 May 2018RentedNew contract
AED 145,000/yr12 months · AED 61 per sqft
17 Jan 2017RentedNew contract
AED 180,000/yr12 months · AED 76 per sqft
17 Jan 2016RentedRenewal
AED 180,000/yr12 months · AED 76 per sqft
17 Jan 2014RentedNew contract
AED 160,000/yr12 months · AED 68 per sqft
17 Jan 2013RentedNew contract
AED 160,000/yr12 months · AED 68 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 October 2022.

Key facts

Type
3-bed villa
Size
2,359 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 925K · August 2009
Community
The Springs 3

About S06/TH37, The Springs 3

S06/TH37 is a three-bedroom villa of 2,359 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 20 August 2009 for AED 925,000, or AED 392 per sqft, 3% below the AED 406 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 5 October 2022, is AED 145,000 a year: a gross yield of 15.7% on the 2009 price, before the service charge of about AED 5,000 a year.

Sales and rents for S06/TH37 over time

Sales
Villa S06/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, August 2009: AED 925,000 (AED 392 per sqft)

S06/TH37 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/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, May 2012: AED 125,000 a yearNew contract, January 2013: AED 160,000 a yearNew contract, January 2014: AED 160,000 a yearRenewal, January 2016: AED 180,000 a yearNew contract, January 2017: AED 180,000 a yearNew contract, May 2018: AED 145,000 a yearRenewal, October 2020: AED 120,000 a yearRenewal, October 2021: AED 120,000 a yearRenewal, October 2022: AED 145,000 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/TH37 sits

All 193 3-beds →

S06/TH37 last sold in August 2009 at AED 392 per sqft, 3% below what three-beds in The Springs 3 were fetching at the time (AED 406). 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/TH37's AED 145,000 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 →

S06/TH37, The Springs 3 in numbers

  • Sold once: by Emaar on 20 August 2009 for AED 925,000, or AED 392 per sqft.
  • Rented since May 2012 on 9 Ejari contracts, from AED 125,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2009 price is 15.7%, 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 5 October 2022.

Questions about S06/TH37, The Springs 3

What did villa S06/TH37 last sell for?

AED 925,000 on 20 August 2009, sold by the developer: AED 392 per sqft for 2,359 sqft. It is the only registered sale of the villa.

What is the rent for villa S06/TH37?

AED 145,000 a year on the contract renewed on 5 October 2022. The previous contract, from October 2021, was AED 120,000; the villa has been rented since May 2012.

How big is villa S06/TH37?

2,359 sqft (219.2 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S06/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 S06/TH37, The Springs 3

Starts from the last sale price (AED 925K, 20 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

Plus AED 43,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →