4-bed · 2,727 sqftThe Springs 3, The Springs · completed 2004

S08/TH01, The Springs 3

Sold prices and rental history: sold 3 times, last in August 2022, and rented once, from October 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH01 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 4M1 August 2022
Current rentAED 220K /yr1 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH01, The Springs 3

What is S08/TH01 worth today?

Last sold for AED 4,000,000 in 2022

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1 Aug 2022SoldReady
AED 4,000,000AED 1,466 per sqft
25 May 2015SoldReady
AED 3,500,000AED 1,283 per sqft
1 Oct 2013RentedNew contract
AED 220,000/yr12 months · AED 81 per sqft
13 Dec 2007Sold by developerReady
AED 423,563AED 155 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2022.

Key facts

Type
4-bed villa
Size
2,727 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,800 /yr
Last sold
AED 4M · August 2022
Community
The Springs 3

About S08/TH01, The Springs 3

S08/TH01 is a four-bedroom villa of 2,727 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 1 August 2022 for AED 4,000,000, or AED 1,466 per sqft, 22% above the AED 1,201 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 October 2013. The current contract, signed on 1 October 2013, is AED 220,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 5,800 a year.

Sales and rents for S08/TH01 over time

Sales
Villa S08/TH01, each saleTypical four-bed in The Springs 3
02M4M2007201220172022Typical sale price by year: 2007 AED 787,888; 2008 AED 1,350,000; 2009 AED 1,658,300; 2010 AED 1,180,444; 2011 AED 2,030,000; 2012 AED 2,160,000; 2013 AED 2,875,000; 2014 AED 3,250,000; 2015 AED 2,900,000; 2016 AED 2,937,500; 2017 AED 2,715,000; 2018 AED 2,575,000; 2019 AED 2,000,000; 2021 AED 2,750,000; 2022 AED 3,200,000; 2023 AED 4,237,500Sold by developer, December 2007: AED 423,563 (AED 155 per sqft)Sold, May 2015: AED 3,500,000 (AED 1,283 per sqft)Sold, August 2022: AED 4,000,000 (AED 1,466 per sqft)

S08/TH01 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa S08/TH01, each contractTypical four-bed in The Springs 3
200K300K2012201620202024Typical rent by year: 2012 AED 155,000; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 190,000; 2017 AED 184,504; 2018 AED 165,000; 2019 AED 155,000; 2020 AED 140,000; 2021 AED 143,375; 2022 AED 155,000; 2023 AED 182,500; 2024 AED 207,875; 2025 AED 295,000; 2026 AED 245,000New contract, October 2013: AED 220,000 a year

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

4-beds in The Springs 3, and where S08/TH01 sits

All 75 4-beds →

S08/TH01 last sold in August 2022 at AED 1,466 per sqft, 22% above what four-beds in The Springs 3 were fetching at the time (AED 1,201). S08/TH01's AED 220,000 is in the lower half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
5 Feb 20244,600,000
27 Sep 20234,125,000
22 Aug 20234,350,000
4 Jul 20234,200,000
0 4-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 →

S08/TH01, The Springs 3 in numbers

  • Sold 3 times: first on 13 December 2007 for AED 423,563, last on 1 August 2022 for AED 4,000,000 (AED 1,466 per sqft).
  • Rented since October 2013 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 5,800 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2022.

Questions about S08/TH01, The Springs 3

What did villa S08/TH01 last sell for?

AED 4,000,000 on 1 August 2022: AED 1,466 per sqft for 2,727 sqft. The villa has 3 registered sales; the first was AED 423,563 in December 2007.

What is the rent for villa S08/TH01?

AED 220,000 a year on the contract signed on 1 October 2013.

How big is villa S08/TH01?

2,727 sqft (253.3 sqm): a four-bedroom villa in The Springs 3, completed in 2004.

What is villa S08/TH01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on S08/TH01, The Springs 3

Starts from the last sale price (AED 4M, 1 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →