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3-bed · 2,209 sqftThe Springs 3, The Springs · completed 2004

S08/TH15, The Springs 3

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH15 · DLD and Ejari recordsUpdated 12 April 2021
Last soldAED 2.53M12 April 2021
Current rentAED 130K /yr20 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH15, The Springs 3

What is S08/TH15 worth today?

Last sold for AED 2,525,000 in 2021

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12 Apr 2021SoldReady
AED 2,525,000AED 1,143 per sqft
20 Jan 2020RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
20 Jan 2019RentedNew contract
AED 130,000/yr12 months · AED 59 per sqft
15 May 2018RentedNew contract
AED 145,000/yr12 months · AED 66 per sqft
13 Mar 2017SoldReady
AED 2,500,000AED 1,131 per sqft
25 Jan 2014RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
25 Jan 2013RentedNew contract
AED 140,000/yr12 months · AED 63 per sqft
25 Nov 2007Sold by developerReady
AED 348,444AED 157 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 April 2021.

Key facts

Type
3-bed villa
Size
2,209 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,700 /yr
Last sold
AED 2.53M · April 2021
Community
The Springs 3

About S08/TH15, The Springs 3

S08/TH15 is a three-bedroom villa of 2,209 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 12 April 2021 for AED 2,525,000, or AED 1,143 per sqft, 56% above the AED 735 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 20 January 2020, is AED 130,000 a year: a gross yield of 5.1% on the 2021 price, before the service charge of about AED 4,700 a year.

Sales and rents for S08/TH15 over time

Sales
Villa S08/TH15, 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 2007: AED 348,444 (AED 157 per sqft)Sold, March 2017: AED 2,500,000 (AED 1,131 per sqft)Sold, April 2021: AED 2,525,000 (AED 1,143 per sqft)

S08/TH15 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/TH15, 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, January 2013: AED 140,000 a yearNew contract, January 2014: AED 160,000 a yearNew contract, May 2018: AED 145,000 a yearNew contract, January 2019: AED 130,000 a yearRenewal, January 2020: AED 130,000 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/TH15 sits

All 193 3-beds →

S08/TH15 last sold in April 2021 at AED 1,143 per sqft, 56% above what three-beds in The Springs 3 were fetching at the time (AED 735). 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/TH15's AED 130,000 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/TH15, The Springs 3 in numbers

  • Sold 3 times: first on 25 November 2007 for AED 348,444, last on 12 April 2021 for AED 2,525,000 (AED 1,143 per sqft).
  • Rented since January 2013 on 5 Ejari contracts, from AED 140,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 5.1%, before a service charge of about AED 4,700 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 12 April 2021.

Questions about S08/TH15, The Springs 3

What did villa S08/TH15 last sell for?

AED 2,525,000 on 12 April 2021: AED 1,143 per sqft for 2,209 sqft. The villa has 3 registered sales; the first was AED 348,444 in November 2007.

What is the rent for villa S08/TH15?

AED 130,000 a year on the contract renewed on 20 January 2020. The previous contract, from January 2019, was AED 130,000; the villa has been rented since January 2013.

How big is villa S08/TH15?

2,209 sqft (205.2 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S08/TH15 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/TH15, The Springs 3

Starts from the last sale price (AED 2.53M, 12 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,525,000
Deposit, UAE resident (20%)
AED 505,000
Deposit, non-resident (40%)
AED 1,010,000
Monthly over 25 years at 3.7%
AED 10,331

Plus AED 111,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →