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

S10/TH09, The Springs 3

Sold prices and rental history: sold twice, last in December 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S10/TH09 · DLD and Ejari recordsUpdated 26 December 2016
Last soldAED 1.82M26 December 2016
Current rentAED 145K /yr2 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S10/TH09, The Springs 3

What is S10/TH09 worth today?

Last sold for AED 1,815,000 in 2016

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26 Dec 2016SoldReady
AED 1,815,000AED 1,103 per sqft
2 Aug 2016RentedRenewal
AED 145,000/yr12 months · AED 88 per sqft
2 Aug 2015RentedNew contract
AED 145,000/yr12 months · AED 88 per sqft
2 Aug 2014RentedNew contract
AED 145,000/yr12 months · AED 88 per sqft
23 Dec 2008Sold by developerReady
AED 370,000AED 224 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 December 2016.

Key facts

Type
2-bed villa
Size
1,645 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1.82M · December 2016
Community
The Springs 3

About S10/TH09, The Springs 3

S10/TH09 is a two-bedroom villa of 1,645 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 26 December 2016 for AED 1,815,000, or AED 1,103 per sqft, in line with the AED 1,103 two-beds in the community were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 2 August 2016, is AED 145,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 3,500 a year.

Sales and rents for S10/TH09 over time

Sales
Villa S10/TH09, 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, December 2008: AED 370,000 (AED 224 per sqft)Sold, December 2016: AED 1,815,000 (AED 1,103 per sqft)

S10/TH09 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S10/TH09, 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, August 2014: AED 145,000 a yearNew contract, August 2015: AED 145,000 a yearRenewal, August 2016: AED 145,000 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/TH09 sits

All 180 2-beds →

S10/TH09 last sold in December 2016 at AED 1,103 per sqft, in line with what two-beds in The Springs 3 were fetching at the time (AED 1,103). 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/TH09's AED 145,000 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/TH09, The Springs 3 in numbers

  • Sold twice: first on 23 December 2008 for AED 370,000, last on 26 December 2016 for AED 1,815,000 (AED 1,103 per sqft).
  • Rented since August 2014 on 3 Ejari contracts, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2016 price is 8.0%, 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 26 December 2016.

Questions about S10/TH09, The Springs 3

What did villa S10/TH09 last sell for?

AED 1,815,000 on 26 December 2016: AED 1,103 per sqft for 1,645 sqft. The villa has 2 registered sales; the first was AED 370,000 in December 2008.

What is the rent for villa S10/TH09?

AED 145,000 a year on the contract renewed on 2 August 2016. The previous contract, from August 2015, was AED 145,000; the villa has been rented since August 2014.

How big is villa S10/TH09?

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

What is villa S10/TH09 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/TH09, The Springs 3

Starts from the last sale price (AED 1.82M, 26 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,815,000
Deposit, UAE resident (20%)
AED 363,000
Deposit, non-resident (40%)
AED 726,000
Monthly over 25 years at 3.7%
AED 7,426

Plus AED 81,240 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →