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4-bed · 2,531 sqftThe Springs 3, The Springs · completed 2004

S09/TH23, The Springs 3

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH23 · DLD and Ejari recordsUpdated 27 July 2017
Last soldAED 2.73M27 July 2017
Current rentAED 200K /yr4 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH23, The Springs 3

What is S09/TH23 worth today?

Last sold for AED 2,730,000 in 2017

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27 Jul 2017SoldReady
AED 2,730,000AED 1,078 per sqft
4 May 2016RentedRenewal
AED 200,000/yr12 months · AED 79 per sqft
4 May 2015RentedNew contract
AED 200,000/yr12 months · AED 79 per sqft
4 May 2014RentedNew contract
AED 170,000/yr12 months · AED 67 per sqft
4 May 2013RentedNew contract
AED 170,000/yr12 months · AED 67 per sqft
1 Sep 2008Sold by developerReady
AED 781,888AED 308 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 July 2017.

Key facts

Type
4-bed villa
Size
2,531 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,400 /yr
Last sold
AED 2.73M · July 2017
Community
The Springs 3

About S09/TH23, The Springs 3

S09/TH23 is a four-bedroom villa of 2,531 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 27 July 2017 for AED 2,730,000, or AED 1,078 per sqft, in line with the AED 1,072 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 4 May 2016, is AED 200,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 5,400 a year.

Sales and rents for S09/TH23 over time

Sales
Villa S09/TH23, 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, September 2008: AED 781,888 (AED 308 per sqft)Sold, July 2017: AED 2,730,000 (AED 1,078 per sqft)

S09/TH23 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa S09/TH23, 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, May 2013: AED 170,000 a yearNew contract, May 2014: AED 170,000 a yearNew contract, May 2015: AED 200,000 a yearRenewal, May 2016: AED 200,000 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 S09/TH23 sits

All 75 4-beds →

S09/TH23 last sold in July 2017 at AED 1,078 per sqft, in line with what four-beds in The Springs 3 were fetching at the time (AED 1,072). S09/TH23's AED 200,000 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/TH23, The Springs 3 in numbers

  • Sold twice: first on 1 September 2008 for AED 781,888, last on 27 July 2017 for AED 2,730,000 (AED 1,078 per sqft).
  • Rented since May 2013 on 4 Ejari contracts, from AED 170,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 5,400 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 27 July 2017.

Questions about S09/TH23, The Springs 3

What did villa S09/TH23 last sell for?

AED 2,730,000 on 27 July 2017: AED 1,078 per sqft for 2,531 sqft. The villa has 2 registered sales; the first was AED 781,888 in September 2008.

What is the rent for villa S09/TH23?

AED 200,000 a year on the contract renewed on 4 May 2016. The previous contract, from May 2015, was AED 200,000; the villa has been rented since May 2013.

How big is villa S09/TH23?

2,531 sqft (235.1 sqm): a four-bedroom villa in The Springs 3, completed in 2004.

What is villa S09/TH23 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/TH23, The Springs 3

Starts from the last sale price (AED 2.73M, 27 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,730,000
Deposit, UAE resident (20%)
AED 546,000
Deposit, non-resident (40%)
AED 1,092,000
Monthly over 25 years at 3.7%
AED 11,169

Plus AED 119,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →