Home
Dubai prices
About
Research
2-bed · 1,650 sqftThe Springs 3, The Springs · completed 2004

S12/TH05, The Springs 3

Sold prices and rental history: sold once, by the developer in July 2007, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S12/TH05 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 449K15 July 2007
Current rentAED 140K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S12/TH05, The Springs 3

What is S12/TH05 worth today?

Last sold for AED 448,888 in 2007

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Aug 2024RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
1 Jul 2023RentedRenewal
AED 86,250/yr12 months · AED 52 per sqft
1 Jul 2021RentedRenewal
AED 75,000/yr12 months · AED 45 per sqft
1 Jul 2020RentedNew contract
AED 75,000/yr12 months · AED 45 per sqft
20 May 2019RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
24 Aug 2018RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
7 Feb 2016RentedNew contract
AED 135,000/yr12 months · AED 82 per sqft
15 Jul 2007Sold by developerReady
AED 448,888AED 272 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2024.

Key facts

Type
2-bed villa
Size
1,650 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 449K · July 2007
Community
The Springs 3

About S12/TH05, The Springs 3

S12/TH05 is a two-bedroom villa of 1,650 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 15 July 2007 for AED 448,888, or AED 272 per sqft, 7% below the AED 294 two-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 5 August 2024, is AED 140,000 a year: a gross yield of 31.2% on the 2007 price, before the service charge of about AED 3,500 a year.

Sales and rents for S12/TH05 over time

Sales
Villa S12/TH05, 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 2007: AED 448,888 (AED 272 per sqft)

S12/TH05 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S12/TH05, 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, February 2016: AED 135,000 a yearNew contract, August 2018: AED 100,000 a yearNew contract, May 2019: AED 85,000 a yearNew contract, July 2020: AED 75,000 a yearRenewal, July 2021: AED 75,000 a yearRenewal, July 2023: AED 86,250 a yearNew contract, August 2024: 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/TH05 sits

All 180 2-beds →

S12/TH05 last sold in July 2007 at AED 272 per sqft, 7% below what two-beds in The Springs 3 were fetching at the time (AED 294). 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/TH05'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/TH05, The Springs 3 in numbers

  • Sold once: by Emaar on 15 July 2007 for AED 448,888, or AED 272 per sqft.
  • Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 75,000 in 2021 and recovered to AED 140,000 by August 2024.
  • At AED 140,000 a year the gross yield on the 2007 price is 31.2%, 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 5 August 2024.

Questions about S12/TH05, The Springs 3

What did villa S12/TH05 last sell for?

AED 448,888 on 15 July 2007, sold by the developer: AED 272 per sqft for 1,650 sqft. It is the only registered sale of the villa.

What is the rent for villa S12/TH05?

AED 140,000 a year on the contract signed on 5 August 2024. The previous contract, from July 2023, was AED 86,250; the villa has been rented since February 2016.

How big is villa S12/TH05?

1,650 sqft (153.3 sqm): a two-bedroom villa in The Springs 3, completed in 2004.

What is villa S12/TH05 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.

Selling S12/TH05? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S12/TH05, The Springs 3

Starts from the last sale price (AED 449K, 15 July 2007). Switch to today's estimate once you have unlocked it.
Price
AED 448,888
Deposit, UAE resident (20%)
AED 89,778
Deposit, non-resident (40%)
AED 179,555
Monthly over 25 years at 3.7%
AED 1,837

Plus AED 21,764 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →