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

S07/TH45, The Springs 3

Sold prices and rental history: sold twice, last in December 2008, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH45 · DLD and Ejari recordsUpdated 19 August 2014
Last soldAED 538K15 December 2008
Current rentAED 100K /yr19 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH45, The Springs 3

What is S07/TH45 worth today?

Last sold for AED 537,888 in 2008

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19 Aug 2014RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
19 Aug 2013RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
15 Dec 2008Sold by developerReady
AED 537,888AED 302 per sqft
15 Dec 2008SoldReady
AED 2,000,000AED 1,122 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 August 2014.

Key facts

Type
2-bed villa
Size
1,781 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 538K · December 2008
Community
The Springs 3

About S07/TH45, The Springs 3

S07/TH45 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 15 December 2008 for AED 537,888, or AED 302 per sqft, 38% below the AED 484 two-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 19 August 2014, is AED 100,000 a year: a gross yield of 18.6% on the 2008 price, before the service charge of about AED 3,800 a year.

Sales and rents for S07/TH45 over time

Sales
Villa S07/TH45, 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, December 2008: AED 537,888 (AED 302 per sqft)Sold, December 2008: AED 2,000,000 (AED 1,122 per sqft)

S07/TH45 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S07/TH45, 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, August 2013: AED 100,000 a yearRenewal, August 2014: AED 100,000 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/TH45 sits

All 180 2-beds →

S07/TH45 last sold in December 2008 at AED 302 per sqft, 38% below what two-beds in The Springs 3 were fetching at the time (AED 484). 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/TH45's AED 100,000 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/TH45, The Springs 3 in numbers

  • Sold twice: first on 15 December 2008 for AED 2,000,000, last on 15 December 2008 for AED 537,888 (AED 302 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2008 price is 18.6%, 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 19 August 2014.

Questions about S07/TH45, The Springs 3

What did villa S07/TH45 last sell for?

AED 537,888 on 15 December 2008, sold by the developer: AED 302 per sqft for 1,781 sqft. The villa has 2 registered sales; the first was AED 2,000,000 in December 2008.

What is the rent for villa S07/TH45?

AED 100,000 a year on the contract renewed on 19 August 2014. The previous contract, from August 2013, was AED 100,000.

How big is villa S07/TH45?

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

What is villa S07/TH45 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/TH45, The Springs 3

Starts from the last sale price (AED 538K, 15 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 537,888
Deposit, UAE resident (20%)
AED 107,578
Deposit, non-resident (40%)
AED 215,155
Monthly over 25 years at 3.7%
AED 2,201

Plus AED 27,602 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →