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3-bed · 1,650 sqftThe Springs 3, The Springs · completed 2004

S12/TH23, The Springs 3

Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S12/TH23 · DLD and Ejari recordsUpdated 1 September 2020
Last soldAED 950K3 November 2016
Current rentAED 85K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S12/TH23, The Springs 3

What is S12/TH23 worth today?

Last sold for AED 950,000 in 2016

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1 Sep 2020RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
1 Sep 2018RentedNew contract
AED 105,000/yr12 months · AED 64 per sqft
15 Jun 2017RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
3 Nov 2016SoldReady
AED 950,000AED 575 per sqft
5 Sep 2015RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
21 Feb 2013RentedNew contract
AED 98,000/yr12 months · AED 59 per sqft
21 Feb 2012RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
3 Nov 2008Sold by developerReady
AED 535,000AED 324 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2020.

Key facts

Type
3-bed villa
Size
1,650 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 950K · November 2016
Community
The Springs 3

About S12/TH23, The Springs 3

S12/TH23 is a three-bedroom villa of 1,650 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. It last sold on 3 November 2016 for AED 950,000, or AED 575 per sqft, 46% below the AED 1,069 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 1 September 2020, is AED 85,000 a year: a gross yield of 8.9% on the 2016 price, before the service charge of about AED 3,500 a year.

Sales and rents for S12/TH23 over time

Sales
Villa S12/TH23, 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, November 2008: AED 535,000 (AED 324 per sqft)Sold, November 2016: AED 950,000 (AED 575 per sqft)

S12/TH23 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S12/TH23, 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, February 2012: AED 90,000 a yearNew contract, February 2013: AED 98,000 a yearNew contract, September 2015: AED 140,000 a yearNew contract, June 2017: AED 120,000 a yearNew contract, September 2018: AED 105,000 a yearNew contract, September 2020: AED 85,000 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 S12/TH23 sits

All 193 3-beds →

S12/TH23 last sold in November 2016 at AED 575 per sqft, 46% below what three-beds in The Springs 3 were fetching at the time (AED 1,069). 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. S12/TH23's AED 85,000 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 →

S12/TH23, The Springs 3 in numbers

  • Sold twice: first on 3 November 2008 for AED 535,000, last on 3 November 2016 for AED 950,000 (AED 575 per sqft).
  • Rented since February 2012 on 6 Ejari contracts, from AED 90,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2016 price is 8.9%, before a service charge of about AED 3,500 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 1 September 2020.

Questions about S12/TH23, The Springs 3

What did villa S12/TH23 last sell for?

AED 950,000 on 3 November 2016: AED 575 per sqft for 1,650 sqft. The villa has 2 registered sales; the first was AED 535,000 in November 2008.

What is the rent for villa S12/TH23?

AED 85,000 a year on the contract signed on 1 September 2020. The previous contract, from September 2018, was AED 105,000; the villa has been rented since February 2012.

How big is villa S12/TH23?

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

What is villa S12/TH23 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 S12/TH23, The Springs 3

Starts from the last sale price (AED 950K, 3 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →