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2-bed · 1,631 sqftThe Springs 3, The Springs · completed 2004

S07/TH24, The Springs 3

Sold prices and rental history: sold 3 times, last in October 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH24 · DLD and Ejari recordsUpdated 11 October 2022
Last soldAED 1.8M10 October 2016
Current rentAED 88K /yr11 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH24, The Springs 3

What is S07/TH24 worth today?

Last sold for AED 1,800,000 in 2016

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11 Oct 2022RentedRenewal
AED 88,000/yr12 months · AED 54 per sqft
11 Oct 2021RentedRenewal
AED 80,000/yr12 months · AED 49 per sqft
11 Jun 2018RentedNew contract
AED 93,000/yr12 months · AED 57 per sqft
25 Jan 2018RentedRenewal
AED 125,000/yr12 months · AED 77 per sqft
25 Jan 2017RentedNew contract
AED 135,000/yr12 months · AED 83 per sqft
10 Oct 2016SoldReady
AED 1,800,000AED 1,103 per sqft
25 Jan 2016RentedRenewal
AED 140,000/yr12 months · AED 86 per sqft
25 Jan 2015RentedNew contract
AED 140,000/yr12 months · AED 86 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 October 2022.

Key facts

Type
2-bed villa
Size
1,631 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1.8M · October 2016
Community
The Springs 3

About S07/TH24, The Springs 3

S07/TH24 is a two-bedroom villa of 1,631 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 10 October 2016 for AED 1,800,000, or AED 1,103 per sqft, 14% above the AED 969 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 11 October 2022, is AED 88,000 a year: a gross yield of 4.9% on the 2016 price, before the service charge of about AED 3,500 a year.

Sales and rents for S07/TH24 over time

Sales
Villa S07/TH24, 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 2010: AED 1,645,000 (AED 1,008 per sqft)Sold, August 2013: AED 1,600,000 (AED 981 per sqft)Sold, October 2016: AED 1,800,000 (AED 1,103 per sqft)

S07/TH24 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S07/TH24, each contractTypical two-bed in The Springs 3
100K20112015201920232027Typical 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, July 2014: AED 48,300 a yearNew contract, January 2015: AED 140,000 a yearRenewal, January 2016: AED 140,000 a yearNew contract, January 2017: AED 135,000 a yearRenewal, January 2018: AED 125,000 a yearNew contract, June 2018: AED 93,000 a yearRenewal, October 2021: AED 80,000 a yearRenewal, October 2022: AED 88,000 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/TH24 sits

All 180 2-beds →

S07/TH24 last sold in October 2016 at AED 1,103 per sqft, 14% above what two-beds in The Springs 3 were fetching at the time (AED 969). 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/TH24's AED 88,000 is at the bottom 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/TH24, The Springs 3 in numbers

  • Sold 3 times: first on 12 August 2010 for AED 1,645,000, last on 10 October 2016 for AED 1,800,000 (AED 1,103 per sqft).
  • Rented since July 2014 on 8 Ejari contracts, from AED 48,300 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2016 price is 4.9%, before a service charge of about AED 3,500 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 11 October 2022.

Questions about S07/TH24, The Springs 3

What did villa S07/TH24 last sell for?

AED 1,800,000 on 10 October 2016: AED 1,103 per sqft for 1,631 sqft. The villa has 3 registered sales; the first was AED 1,645,000 in August 2010.

What is the rent for villa S07/TH24?

AED 88,000 a year on the contract renewed on 11 October 2022. The previous contract, from October 2021, was AED 80,000; the villa has been rented since July 2014.

How big is villa S07/TH24?

1,631 sqft (151.5 sqm): a two-bedroom villa in The Springs 3, completed in 2004.

What is villa S07/TH24 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/TH24, The Springs 3

Starts from the last sale price (AED 1.8M, 10 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →