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

S08/TH03, The Springs 3

Sold prices and rental history: sold 3 times, last in October 2024, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH03 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 6.15M17 October 2024
Current rentAED 150K /yr16 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH03, The Springs 3

What is S08/TH03 worth today?

Last sold for AED 6,150,000 in 2024

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17 Oct 2024SoldReady
AED 6,150,000AED 2,255 per sqft
16 May 2017RentedRenewal
AED 150,000/yr12 months · AED 55 per sqft
16 Nov 2015RentedNew contract
AED 150,000/yr6 months · AED 55 per sqft
7 Aug 2014SoldReady
AED 4,450,000AED 1,631 per sqft
23 Nov 2008Sold by developerReady
AED 536,944AED 196 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 October 2024.

Key facts

Type
3-bed villa
Size
2,727 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,800 /yr
Last sold
AED 6.15M · October 2024
Community
The Springs 3

About S08/TH03, The Springs 3

S08/TH03 is a three-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 17 October 2024 for AED 6,150,000, or AED 2,255 per sqft, 26% above the AED 1,796 three-beds in the community were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 16 May 2017, is AED 150,000 a year: a gross yield of 2.4% on the 2024 price, before the service charge of about AED 5,800 a year.

Sales and rents for S08/TH03 over time

Sales
Villa S08/TH03, 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, November 2008: AED 536,944 (AED 196 per sqft)Sold, August 2014: AED 4,450,000 (AED 1,631 per sqft)Sold, October 2024: AED 6,150,000 (AED 2,255 per sqft)

S08/TH03 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/TH03, 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, November 2015: AED 150,000 a yearRenewal, May 2017: AED 150,000 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 S08/TH03 sits

All 193 3-beds →

S08/TH03 last sold in October 2024 at AED 2,255 per sqft, 26% above what three-beds in The Springs 3 were fetching at the time (AED 1,796). 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. S08/TH03's AED 150,000 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 →

S08/TH03, The Springs 3 in numbers

  • Sold 3 times: first on 23 November 2008 for AED 536,944, last on 17 October 2024 for AED 6,150,000 (AED 2,255 per sqft).
  • Rented since November 2015 on 2 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 2.4%, before a service charge of about AED 5,800 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 17 October 2024.

Questions about S08/TH03, The Springs 3

What did villa S08/TH03 last sell for?

AED 6,150,000 on 17 October 2024: AED 2,255 per sqft for 2,727 sqft. The villa has 3 registered sales; the first was AED 536,944 in November 2008.

What is the rent for villa S08/TH03?

AED 150,000 a year on the contract renewed on 16 May 2017. The previous contract, from November 2015, was AED 150,000.

How big is villa S08/TH03?

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

What is villa S08/TH03 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 S08/TH03, The Springs 3

Starts from the last sale price (AED 6.15M, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,150,000
Deposit, UAE resident (20%)
AED 1,230,000
Deposit, non-resident (40%)
AED 2,460,000
Monthly over 25 years at 3.7%
AED 25,162

Plus AED 263,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →