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

S09/TH38, The Springs 3

Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH38 · DLD and Ejari recordsUpdated 15 December 2020
Last soldAED 2.05M15 December 2020
Current rentAED 138K /yr8 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH38, The Springs 3

What is S09/TH38 worth today?

Last sold for AED 2,045,000 in 2020

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15 Dec 2020SoldReady
AED 2,045,000AED 925 per sqft
8 Jun 2020RentedRenewal
AED 138,000/yr12 months · AED 62 per sqft
8 Jun 2019RentedNew contract
AED 140,000/yr12 months · AED 63 per sqft
20 Oct 2017RentedNew contract
AED 150,000/yr12 months · AED 68 per sqft
26 Jun 2016RentedNew contract
AED 180,000/yr12 months · AED 81 per sqft
11 Apr 2015RentedNew contract
AED 225,743/yr12 months · AED 102 per sqft
26 Feb 2015SoldReady
AED 1,612,500AED 730 per sqft
27 Jun 2007Sold by developerReady
AED 857,888AED 388 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2020.

Key facts

Type
3-bed villa
Size
2,209 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,700 /yr
Last sold
AED 2.05M · December 2020
Community
The Springs 3

About S09/TH38, The Springs 3

S09/TH38 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 15 December 2020 for AED 2,045,000, or AED 925 per sqft, 26% above the AED 737 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 8 June 2020, is AED 138,000 a year: a gross yield of 6.8% on the 2020 price, before the service charge of about AED 4,700 a year.

Sales and rents for S09/TH38 over time

Sales
Villa S09/TH38, 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, June 2007: AED 857,888 (AED 388 per sqft)Sold, February 2015: AED 1,612,500 (AED 730 per sqft)Sold, December 2020: AED 2,045,000 (AED 925 per sqft)

S09/TH38 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S09/TH38, each contractTypical three-bed in The Springs 3
100K200K20112015201920232027Typical 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, April 2015: AED 225,743 a yearNew contract, June 2016: AED 180,000 a yearNew contract, October 2017: AED 150,000 a yearNew contract, June 2019: AED 140,000 a yearRenewal, June 2020: AED 138,000 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 S09/TH38 sits

All 193 3-beds →

S09/TH38 last sold in December 2020 at AED 925 per sqft, 26% above what three-beds in The Springs 3 were fetching at the time (AED 737). 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. S09/TH38's AED 138,000 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 →

S09/TH38, The Springs 3 in numbers

  • Sold 3 times: first on 27 June 2007 for AED 857,888, last on 15 December 2020 for AED 2,045,000 (AED 925 per sqft).
  • Rented since April 2015 on 5 Ejari contracts, from AED 225,743 to AED 138,000 a year.
  • At AED 138,000 a year the gross yield on the 2020 price is 6.8%, 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 15 December 2020.

Questions about S09/TH38, The Springs 3

What did villa S09/TH38 last sell for?

AED 2,045,000 on 15 December 2020: AED 925 per sqft for 2,209 sqft. The villa has 3 registered sales; the first was AED 857,888 in June 2007.

What is the rent for villa S09/TH38?

AED 138,000 a year on the contract renewed on 8 June 2020. The previous contract, from June 2019, was AED 140,000; the villa has been rented since April 2015.

How big is villa S09/TH38?

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

What is villa S09/TH38 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 S09/TH38, The Springs 3

Starts from the last sale price (AED 2.05M, 15 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,045,000
Deposit, UAE resident (20%)
AED 409,000
Deposit, non-resident (40%)
AED 818,000
Monthly over 25 years at 3.7%
AED 8,367

Plus AED 90,900 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →