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

S09/TH03, The Springs 3

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH03 · DLD and Ejari recordsUpdated 12 July 2022
Last soldAED 3.2M12 July 2022
Current rentAED 142K /yr23 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH03, The Springs 3

What is S09/TH03 worth today?

Last sold for AED 3,200,000 in 2022

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12 Jul 2022SoldReady
AED 3,200,000AED 1,173 per sqft
23 Dec 2021RentedRenewal
AED 141,750/yr12 months · AED 52 per sqft
23 Dec 2020RentedRenewal
AED 135,000/yr12 months · AED 50 per sqft
23 Dec 2019RentedRenewal
AED 143,500/yr12 months · AED 53 per sqft
23 Dec 2018RentedNew contract
AED 143,500/yr12 months · AED 53 per sqft
20 Dec 2018RentedNew contract
AED 145,000/yr12 months · AED 53 per sqft
15 Nov 2016RentedRenewal
AED 171,000/yr12 months · AED 63 per sqft
15 Nov 2015RentedRenewal
AED 171,000/yr12 months · AED 63 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 July 2022.

Key facts

Type
4-bed villa
Size
2,727 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,800 /yr
Last sold
AED 3.2M · July 2022
Community
The Springs 3

About S09/TH03, The Springs 3

S09/TH03 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 12 July 2022 for AED 3,200,000, or AED 1,173 per sqft, in line with the AED 1,187 four-beds in the community were fetching at the time.

It has been rented continuously since 2011 on 11 Ejari contracts. The current contract, renewed on 23 December 2021, is AED 141,750 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 5,800 a year.

Sales and rents for S09/TH03 over time

Sales
Villa S09/TH03, each saleTypical four-bed in The Springs 3
2M4M2007201220172022Typical 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, August 2008: AED 2,142,000 (AED 785 per sqft)Sold, July 2022: AED 3,200,000 (AED 1,173 per sqft)

S09/TH03 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa S09/TH03, each contractTypical four-bed in The Springs 3
200K300K20112015201920232027Typical 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, November 2011: AED 140,000 a yearRenewal, November 2012: AED 145,000 a yearRenewal, November 2013: AED 152,250 a yearRenewal, November 2014: AED 165,000 a yearRenewal, November 2015: AED 171,000 a yearRenewal, November 2016: AED 171,000 a yearNew contract, December 2018: AED 143,500 a yearNew contract, December 2018: AED 145,000 a yearRenewal, December 2019: AED 143,500 a yearRenewal, December 2020: AED 135,000 a yearRenewal, December 2021: AED 141,750 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 S09/TH03 sits

All 75 4-beds →

S09/TH03 last sold in July 2022 at AED 1,173 per sqft, in line with what four-beds in The Springs 3 were fetching at the time (AED 1,187). S09/TH03's AED 141,750 is at the bottom 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 →

S09/TH03, The Springs 3 in numbers

  • Sold twice: first on 24 August 2008 for AED 2,142,000, last on 12 July 2022 for AED 3,200,000 (AED 1,173 per sqft).
  • Rented since November 2011 on 11 Ejari contracts, from AED 140,000 to AED 141,750 a year.
  • At AED 141,750 a year the gross yield on the 2022 price is 4.4%, 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 12 July 2022.

Questions about S09/TH03, The Springs 3

What did villa S09/TH03 last sell for?

AED 3,200,000 on 12 July 2022: AED 1,173 per sqft for 2,727 sqft. The villa has 2 registered sales; the first was AED 2,142,000 in August 2008.

What is the rent for villa S09/TH03?

AED 141,750 a year on the contract renewed on 23 December 2021. The previous contract, from December 2020, was AED 135,000; the villa has been rented since November 2011.

How big is villa S09/TH03?

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

What is villa S09/TH03 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 S09/TH03, The Springs 3

Starts from the last sale price (AED 3.2M, 12 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →