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

S12/TH03, The Springs 3

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S12/TH03 · DLD and Ejari recordsUpdated 22 April 2024
Last soldAED 2.74M22 April 2024
Current rentAED 140K /yr10 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S12/TH03, The Springs 3

What is S12/TH03 worth today?

Last sold for AED 2,740,000 in 2024

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22 Apr 2024SoldReady
AED 2,740,000AED 1,665 per sqft
10 Sep 2022RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
15 Jan 2019RentedNew contract
AED 115,000/yr12 months · AED 70 per sqft
20 Nov 2017RentedNew contract
AED 130,000/yr12 months · AED 79 per sqft
4 Jul 2015RentedRenewal
AED 136,500/yr12 months · AED 83 per sqft
4 Jul 2014RentedRenewal
AED 130,000/yr12 months · AED 79 per sqft
4 Jul 2013RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
29 Apr 2008Sold by developerReady
AED 448,888AED 272 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 April 2024.

Key facts

Type
2-bed villa
Size
1,645 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 2.74M · April 2024
Community
The Springs 3

About S12/TH03, The Springs 3

S12/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. It last sold on 22 April 2024 for AED 2,740,000, or AED 1,665 per sqft, 17% above the AED 1,425 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 10 September 2022, is AED 140,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 3,500 a year.

Sales and rents for S12/TH03 over time

Sales
Villa S12/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, April 2008: AED 448,888 (AED 272 per sqft)Sold, April 2024: AED 2,740,000 (AED 1,665 per sqft)

S12/TH03 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S12/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, July 2013: AED 120,000 a yearRenewal, July 2014: AED 130,000 a yearRenewal, July 2015: AED 136,500 a yearNew contract, November 2017: AED 130,000 a yearNew contract, January 2019: AED 115,000 a yearNew contract, September 2022: AED 140,000 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 S12/TH03 sits

All 180 2-beds →

S12/TH03 last sold in April 2024 at AED 1,665 per sqft, 17% above what two-beds in The Springs 3 were fetching at the time (AED 1,425). 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. S12/TH03's AED 140,000 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 →

S12/TH03, The Springs 3 in numbers

  • Sold twice: first on 29 April 2008 for AED 448,888, last on 22 April 2024 for AED 2,740,000 (AED 1,665 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 120,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 5.1%, 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 22 April 2024.

Questions about S12/TH03, The Springs 3

What did villa S12/TH03 last sell for?

AED 2,740,000 on 22 April 2024: AED 1,665 per sqft for 1,645 sqft. The villa has 2 registered sales; the first was AED 448,888 in April 2008.

What is the rent for villa S12/TH03?

AED 140,000 a year on the contract signed on 10 September 2022. The previous contract, from January 2019, was AED 115,000; the villa has been rented since July 2013.

How big is villa S12/TH03?

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

What is villa S12/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 S12/TH03, The Springs 3

Starts from the last sale price (AED 2.74M, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,740,000
Deposit, UAE resident (20%)
AED 548,000
Deposit, non-resident (40%)
AED 1,096,000
Monthly over 25 years at 3.7%
AED 11,210

Plus AED 120,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →