2-bed · 1,645 sqftThe Springs 3, The Springs · completed 2004

S10/TH03, The Springs 3

Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S10/TH03 · DLD and Ejari recordsUpdated 31 August 2024
Last soldAED 524K25 July 2011
Current rentAED 115K /yr31 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S10/TH03, The Springs 3

What is S10/TH03 worth today?

Last sold for AED 523,888 in 2011

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31 Aug 2024RentedRenewal
AED 115,000/yr12 months · AED 70 per sqft
31 Aug 2023RentedRenewal
AED 115,000/yr12 months · AED 70 per sqft
31 Aug 2020RentedRenewal
AED 80,000/yr12 months · AED 49 per sqft
1 Aug 2018RentedRenewal
AED 110,000/yr12 months · AED 67 per sqft
1 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
3 Sep 2015RentedRenewal
AED 96,600/yr12 months · AED 59 per sqft
3 Sep 2014RentedNew contract
AED 92,000/yr12 months · AED 56 per sqft
3 Sep 2013RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 August 2024.

Key facts

Type
2-bed villa
Size
1,645 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 524K · July 2011
Community
The Springs 3

About S10/TH03, The Springs 3

S10/TH03 is a two-bedroom villa of 1,645 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 25 July 2011 for AED 523,888, or AED 318 per sqft, 32% below the AED 466 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 31 August 2024, is AED 115,000 a year: a gross yield of 21.9% on the 2011 price, before the service charge of about AED 3,500 a year.

Sales and rents for S10/TH03 over time

Sales
Villa S10/TH03, 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 by developer, July 2011: AED 523,888 (AED 318 per sqft)Sold, July 2011: AED 1,200,000 (AED 729 per sqft)

S10/TH03 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S10/TH03, 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, September 2012: AED 80,000 a yearNew contract, September 2013: AED 80,000 a yearNew contract, September 2014: AED 92,000 a yearRenewal, September 2015: AED 96,600 a yearNew contract, August 2017: AED 110,000 a yearRenewal, August 2018: AED 110,000 a yearRenewal, August 2020: AED 80,000 a yearRenewal, August 2023: AED 115,000 a yearRenewal, August 2024: AED 115,000 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 S10/TH03 sits

All 180 2-beds →

S10/TH03 last sold in July 2011 at AED 318 per sqft, 32% below what two-beds in The Springs 3 were fetching at the time (AED 466). 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. S10/TH03's AED 115,000 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 →

S10/TH03, The Springs 3 in numbers

  • Sold twice: first on 25 July 2011 for AED 1,200,000, last on 25 July 2011 for AED 523,888 (AED 318 per sqft).
  • Rented since September 2012 on 9 Ejari contracts, from AED 80,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2011 price is 21.9%, before a service charge of about AED 3,500 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 31 August 2024.

Questions about S10/TH03, The Springs 3

What did villa S10/TH03 last sell for?

AED 523,888 on 25 July 2011, sold by the developer: AED 318 per sqft for 1,645 sqft. The villa has 2 registered sales; the first was AED 1,200,000 in July 2011.

What is the rent for villa S10/TH03?

AED 115,000 a year on the contract renewed on 31 August 2024. The previous contract, from August 2023, was AED 115,000; the villa has been rented since September 2012.

How big is villa S10/TH03?

1,645 sqft (152.8 sqm): a two-bedroom villa in The Springs 3, completed in 2004.

What is villa S10/TH03 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 S10/TH03, The Springs 3

Starts from the last sale price (AED 524K, 25 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 523,888
Deposit, UAE resident (20%)
AED 104,778
Deposit, non-resident (40%)
AED 209,555
Monthly over 25 years at 3.7%
AED 2,143

Plus AED 27,014 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →