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2-bed · 1,781 sqftThe Springs 3, The Springs · completed 2004

S07/TH29, The Springs 3

Sold prices and rental history: sold once, by the developer in August 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH29 · DLD and Ejari recordsUpdated 5 July 2023
Last soldAED 314K4 August 2011
Current rentAED 105K /yr5 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH29, The Springs 3

What is S07/TH29 worth today?

Last sold for AED 313,944 in 2011

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5 Jul 2023RentedRenewal
AED 105,000/yr12 months · AED 59 per sqft
5 Jul 2021RentedRenewal
AED 85,000/yr12 months · AED 48 per sqft
5 Jul 2020RentedNew contract
AED 82,000/yr12 months · AED 46 per sqft
1 Oct 2019RentedRenewal
AED 110,000/yr12 months · AED 62 per sqft
1 Oct 2018RentedRenewal
AED 110,000/yr12 months · AED 62 per sqft
1 Oct 2017RentedNew contract
AED 127,500/yr12 months · AED 72 per sqft
22 Sep 2016RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft
15 Mar 2013RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 July 2023.

Key facts

Type
2-bed villa
Size
1,781 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 314K · August 2011
Community
The Springs 3

About S07/TH29, The Springs 3

S07/TH29 is a two-bedroom villa of 1,781 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 4 August 2011 for AED 313,944, or AED 176 per sqft, 61% below the AED 447 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 5 July 2023, is AED 105,000 a year: a gross yield of 33.5% on the 2011 price, before the service charge of about AED 3,800 a year.

Sales and rents for S07/TH29 over time

Sales
Villa S07/TH29, 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 2011: AED 313,944 (AED 176 per sqft)

S07/TH29 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S07/TH29, 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, March 2013: AED 110,000 a yearNew contract, September 2016: AED 140,000 a yearNew contract, October 2017: AED 127,500 a yearRenewal, October 2018: AED 110,000 a yearRenewal, October 2019: AED 110,000 a yearNew contract, July 2020: AED 82,000 a yearRenewal, July 2021: AED 85,000 a yearRenewal, July 2023: AED 105,000 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/TH29 sits

All 180 2-beds →

S07/TH29 last sold in August 2011 at AED 176 per sqft, 61% below what two-beds in The Springs 3 were fetching at the time (AED 447). 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/TH29's AED 105,000 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/TH29, The Springs 3 in numbers

  • Sold once: by Emaar on 4 August 2011 for AED 313,944, or AED 176 per sqft.
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 82,000 in 2020 and recovered to AED 105,000 by July 2023.
  • At AED 105,000 a year the gross yield on the 2011 price is 33.5%, 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 5 July 2023.

Questions about S07/TH29, The Springs 3

What did villa S07/TH29 last sell for?

AED 313,944 on 4 August 2011, sold by the developer: AED 176 per sqft for 1,781 sqft. It is the only registered sale of the villa.

What is the rent for villa S07/TH29?

AED 105,000 a year on the contract renewed on 5 July 2023. The previous contract, from July 2021, was AED 85,000; the villa has been rented since March 2013.

How big is villa S07/TH29?

1,781 sqft (165.5 sqm): a two-bedroom villa in The Springs 3, completed in 2004.

What is villa S07/TH29 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/TH29, The Springs 3

Starts from the last sale price (AED 314K, 4 August 2011). Switch to today's estimate once you have unlocked it.
Price
AED 313,944
Deposit, UAE resident (20%)
AED 62,789
Deposit, non-resident (40%)
AED 125,578
Monthly over 25 years at 3.7%
AED 1,284

Plus AED 16,096 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →