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2-bed · 1,780 sqftThe Springs 3, The Springs · completed 2004

S09/TH16, The Springs 3

Sold prices and rental history: sold 3 times, last in September 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH16 · DLD and Ejari recordsUpdated 18 September 2014
Last soldAED 2.35M18 September 2014
Current rentAED 115K /yr15 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH16, The Springs 3

What is S09/TH16 worth today?

Last sold for AED 2,350,000 in 2014

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18 Sep 2014SoldReady
AED 2,350,000AED 1,320 per sqft
15 Jun 2014RentedNew contract
AED 115,463/yr10 months · AED 65 per sqft
1 Sep 2013RentedNew contract
AED 85,000/yr12 months · AED 48 per sqft
15 Jun 2013RentedNew contract
AED 105,000/yr12 months · AED 59 per sqft
1 May 2013RentedNew contract
AED 90,000/yr12 months · AED 51 per sqft
22 May 2008SoldReady
AED 1,200,000AED 674 per sqft
13 May 2008Sold by developerReady
AED 540,888AED 303 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 September 2014.

Key facts

Type
2-bed villa
Size
1,780 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2.35M · September 2014
Community
The Springs 3

About S09/TH16, The Springs 3

S09/TH16 is a two-bedroom villa of 1,780 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 18 September 2014 for AED 2,350,000, or AED 1,320 per sqft, in line with the AED 1,282 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 15 June 2014, is AED 115,463 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 3,800 a year.

Sales and rents for S09/TH16 over time

Sales
Villa S09/TH16, 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, May 2008: AED 1,200,000 (AED 674 per sqft)Sold by developer, May 2008: AED 540,888 (AED 303 per sqft)Sold, September 2014: AED 2,350,000 (AED 1,320 per sqft)

S09/TH16 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S09/TH16, 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, May 2013: AED 90,000 a yearNew contract, June 2013: AED 105,000 a yearNew contract, September 2013: AED 85,000 a yearNew contract, June 2014: AED 115,463 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 S09/TH16 sits

All 180 2-beds →

S09/TH16 last sold in September 2014 at AED 1,320 per sqft, in line with what two-beds in The Springs 3 were fetching at the time (AED 1,282). 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. S09/TH16's AED 115,463 is in the lower half 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 →

S09/TH16, The Springs 3 in numbers

  • Sold 3 times: first on 13 May 2008 for AED 540,888, last on 18 September 2014 for AED 2,350,000 (AED 1,320 per sqft).
  • Rented since May 2013 on 4 Ejari contracts, from AED 90,000 to AED 115,463 a year.
  • At AED 115,463 a year the gross yield on the 2014 price is 4.9%, 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 18 September 2014.

Questions about S09/TH16, The Springs 3

What did villa S09/TH16 last sell for?

AED 2,350,000 on 18 September 2014: AED 1,320 per sqft for 1,780 sqft. The villa has 3 registered sales; the first was AED 540,888 in May 2008.

What is the rent for villa S09/TH16?

AED 115,463 a year on the contract signed on 15 June 2014. The previous contract, from September 2013, was AED 85,000; the villa has been rented since May 2013.

How big is villa S09/TH16?

1,780 sqft (165.4 sqm): a two-bedroom villa in The Springs 3, completed in 2004.

What is villa S09/TH16 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 S09/TH16, The Springs 3

Starts from the last sale price (AED 2.35M, 18 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →