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4-bed · 2,748 sqftThe Springs 3, The Springs · completed 2004

S09/TH24, The Springs 3

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

Villa S09/TH24 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 3.1M14 October 2014
Current rentAED 230K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH24, The Springs 3

What is S09/TH24 worth today?

Last sold for AED 3,100,000 in 2014

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1 Apr 2024RentedRenewal
AED 230,000/yr12 months · AED 84 per sqft
1 Apr 2023RentedRenewal
AED 198,000/yr12 months · AED 72 per sqft
1 Apr 2021RentedNew contract
AED 140,000/yr12 months · AED 51 per sqft
25 Jan 2020RentedRenewal
AED 145,000/yr12 months · AED 53 per sqft
25 Jan 2019RentedRenewal
AED 162,500/yr12 months · AED 59 per sqft
25 Jan 2018RentedNew contract
AED 170,000/yr12 months · AED 62 per sqft
22 Jan 2017RentedRenewal
AED 184,504/yr12 months · AED 67 per sqft
22 Jan 2016RentedNew contract
AED 185,000/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2024.

Key facts

Type
4-bed villa
Size
2,748 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,900 /yr
Last sold
AED 3.1M · October 2014
Community
The Springs 3

About S09/TH24, The Springs 3

S09/TH24 is a four-bedroom villa of 2,748 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 14 October 2014 for AED 3,100,000, or AED 1,127 per sqft, 14% below the AED 1,303 four-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 230,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 5,900 a year.

Sales and rents for S09/TH24 over time

Sales
Villa S09/TH24, each saleTypical four-bed in The Springs 3
02M4M2007201220172022Typical 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, July 2007: AED 625,000 (AED 227 per sqft)Sold, May 2008: AED 3,500,000 (AED 1,273 per sqft)Sold, October 2014: AED 3,100,000 (AED 1,127 per sqft)

S09/TH24 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa S09/TH24, 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, December 2014: AED 200,000 a yearNew contract, January 2016: AED 185,000 a yearRenewal, January 2017: AED 184,504 a yearNew contract, January 2018: AED 170,000 a yearRenewal, January 2019: AED 162,500 a yearRenewal, January 2020: AED 145,000 a yearNew contract, April 2021: AED 140,000 a yearRenewal, April 2023: AED 198,000 a yearRenewal, April 2024: AED 230,000 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/TH24 sits

All 75 4-beds →

S09/TH24 last sold in October 2014 at AED 1,127 per sqft, 14% below what four-beds in The Springs 3 were fetching at the time (AED 1,303). S09/TH24's AED 230,000 is in the lower half 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/TH24, The Springs 3 in numbers

  • Sold 3 times: first on 31 July 2007 for AED 625,000, last on 14 October 2014 for AED 3,100,000 (AED 1,127 per sqft).
  • Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 200,000 to AED 140,000 in 2021 and recovered to AED 230,000 by April 2024.
  • At AED 230,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 5,900 a year (AED 2.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2024.

Questions about S09/TH24, The Springs 3

What did villa S09/TH24 last sell for?

AED 3,100,000 on 14 October 2014: AED 1,127 per sqft for 2,748 sqft. The villa has 3 registered sales; the first was AED 625,000 in July 2007.

What is the rent for villa S09/TH24?

AED 230,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 198,000; the villa has been rented since December 2014.

How big is villa S09/TH24?

2,748 sqft (255.3 sqm): a four-bedroom villa in The Springs 3, completed in 2004.

What is villa S09/TH24 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/TH24, The Springs 3

Starts from the last sale price (AED 3.1M, 14 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →