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3-bed · 2,345 sqftThe Springs 3, The Springs · completed 2004

S07/TH38, The Springs 3

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH38 · DLD and Ejari recordsUpdated 3 November 2020
Last soldAED 1.7M3 November 2020
Current rentAED 125K /yr5 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH38, The Springs 3

What is S07/TH38 worth today?

Last sold for AED 1,700,000 in 2020

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3 Nov 2020SoldReady
AED 1,700,000AED 725 per sqft
5 Nov 2019RentedRenewal
AED 125,000/yr12 months · AED 53 per sqft
5 Nov 2018RentedNew contract
AED 130,000/yr12 months · AED 55 per sqft
1 Nov 2017RentedRenewal
AED 150,000/yr12 months · AED 64 per sqft
1 Nov 2016RentedNew contract
AED 160,000/yr12 months · AED 68 per sqft
22 Oct 2015RentedRenewal
AED 162,000/yr12 months · AED 69 per sqft
15 Aug 2013RentedNew contract
AED 145,000/yr12 months · AED 62 per sqft
30 Apr 2008Sold by developerReady
AED 661,888AED 282 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 November 2020.

Key facts

Type
3-bed villa
Size
2,345 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 1.7M · November 2020
Community
The Springs 3

About S07/TH38, The Springs 3

S07/TH38 is a three-bedroom villa of 2,345 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 3 November 2020 for AED 1,700,000, or AED 725 per sqft, 3% below the AED 751 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 5 November 2019, is AED 125,000 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 5,000 a year.

Sales and rents for S07/TH38 over time

Sales
Villa S07/TH38, 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 282 per sqft)Sold, November 2020: AED 1,700,000 (AED 725 per sqft)

S07/TH38 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S07/TH38, 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, August 2013: AED 145,000 a yearRenewal, October 2015: AED 162,000 a yearNew contract, November 2016: AED 160,000 a yearRenewal, November 2017: AED 150,000 a yearNew contract, November 2018: AED 130,000 a yearRenewal, November 2019: AED 125,000 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 S07/TH38 sits

All 193 3-beds →

S07/TH38 last sold in November 2020 at AED 725 per sqft, 3% below what three-beds in The Springs 3 were fetching at the time (AED 751). 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. S07/TH38's AED 125,000 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 →

S07/TH38, The Springs 3 in numbers

  • Sold twice: first on 30 April 2008 for AED 661,888, last on 3 November 2020 for AED 1,700,000 (AED 725 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 145,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2020 price is 7.3%, 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 3 November 2020.

Questions about S07/TH38, The Springs 3

What did villa S07/TH38 last sell for?

AED 1,700,000 on 3 November 2020: AED 725 per sqft for 2,345 sqft. The villa has 2 registered sales; the first was AED 661,888 in April 2008.

What is the rent for villa S07/TH38?

AED 125,000 a year on the contract renewed on 5 November 2019. The previous contract, from November 2018, was AED 130,000; the villa has been rented since August 2013.

How big is villa S07/TH38?

2,345 sqft (217.9 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S07/TH38 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 S07/TH38, The Springs 3

Starts from the last sale price (AED 1.7M, 3 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →