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2-bed · 1,775 sqftThe Springs 3, The Springs · completed 2004

S07/TH01, The Springs 3

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH01 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 2.52M15 May 2024
Current rentAED 120K /yr1 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH01, The Springs 3

What is S07/TH01 worth today?

Last sold for AED 2,520,000 in 2024

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15 May 2024SoldReady
AED 2,520,000AED 1,419 per sqft
10 Sep 2017SoldReady
AED 1,705,600AED 960 per sqft
1 Jun 2016RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
5 Apr 2015RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
5 Apr 2014RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
5 Apr 2013RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
30 Oct 2008SoldReady
AED 3,150,000AED 1,774 per sqft
7 Aug 2008Sold by developerReady
AED 1,300,000AED 732 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2024.

Key facts

Type
2-bed villa
Size
1,775 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2.52M · May 2024
Community
The Springs 3

About S07/TH01, The Springs 3

S07/TH01 is a two-bedroom villa of 1,775 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 15 May 2024 for AED 2,520,000, or AED 1,419 per sqft, in line with the AED 1,438 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 June 2016, is AED 120,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 3,800 a year.

Sales and rents for S07/TH01 over time

Sales
Villa S07/TH01, each saleTypical two-bed in The Springs 3
02M4M20072012201720222027Typical sale price by year: 2007 AED 488,888; 2008 AED 727,200; 2009 AED 670,000; 2010 AED 701,694; 2011 AED 822,500; 2012 AED 1,395,000; 2013 AED 1,630,000; 2014 AED 2,095,000; 2015 AED 1,900,000; 2016 AED 1,800,000; 2017 AED 1,702,800; 2018 AED 1,497,500; 2019 AED 1,425,000; 2020 AED 1,200,000; 2021 AED 1,600,000; 2022 AED 1,800,000; 2023 AED 2,250,000; 2024 AED 2,750,000; 2025 AED 3,100,000; 2026 AED 4,325,000Sold by developer, August 2008: AED 1,300,000 (AED 732 per sqft)Sold, October 2008: AED 3,150,000 (AED 1,774 per sqft)Sold, September 2017: AED 1,705,600 (AED 960 per sqft)Sold, May 2024: AED 2,520,000 (AED 1,419 per sqft)

S07/TH01 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S07/TH01, each contractTypical two-bed in The Springs 3
100K150K20112015201920232027Typical rent by year: 2011 AED 85,000; 2012 AED 85,000; 2013 AED 99,484; 2014 AED 120,000; 2015 AED 126,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 94,000; 2020 AED 85,000; 2021 AED 86,125; 2022 AED 100,000; 2023 AED 120,039; 2024 AED 140,000; 2025 AED 145,000; 2026 AED 160,000New contract, April 2013: AED 100,000 a yearNew contract, April 2014: AED 110,000 a yearNew contract, April 2015: AED 110,000 a yearNew contract, June 2016: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in The Springs 3, and where S07/TH01 sits

All 180 2-beds →

S07/TH01 last sold in May 2024 at AED 1,419 per sqft, in line with what two-beds in The Springs 3 were fetching at the time (AED 1,438). Over the last 12 months two-beds sold for AED 2,770,000 to 4,510,000, around AED 1,991 per sqft, and rent for AED 104,000 to 265,000 a year. S07/TH01's AED 120,000 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
5 Feb 20264,510,000
29 Jan 20263,250,000
26 Jan 20264,325,000
3 Dec 20252,770,000
5 2-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 →

S07/TH01, The Springs 3 in numbers

  • Sold 4 times: first on 7 August 2008 for AED 1,300,000, last on 15 May 2024 for AED 2,520,000 (AED 1,419 per sqft).
  • Rented since April 2013 on 4 Ejari contracts, from AED 100,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 3,800 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 3 sold for AED 2,770,000–4,510,000 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 15 May 2024.

Questions about S07/TH01, The Springs 3

What did villa S07/TH01 last sell for?

AED 2,520,000 on 15 May 2024: AED 1,419 per sqft for 1,775 sqft. The villa has 4 registered sales; the first was AED 1,300,000 in August 2008.

What is the rent for villa S07/TH01?

AED 120,000 a year on the contract signed on 1 June 2016. The previous contract, from April 2015, was AED 110,000; the villa has been rented since April 2013.

How big is villa S07/TH01?

1,775 sqft (164.9 sqm): a two-bedroom villa in The Springs 3, completed in 2004.

What is villa S07/TH01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 3 sold for AED 2,770,000 to 4,510,000 in the last 12 months, around AED 1,991 per sqft.

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Mortgage on S07/TH01, The Springs 3

Starts from the last sale price (AED 2.52M, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,520,000
Deposit, UAE resident (20%)
AED 504,000
Deposit, non-resident (40%)
AED 1,008,000
Monthly over 25 years at 3.7%
AED 10,310

Plus AED 110,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →