3-bed · 2,377 sqftThe Springs 3, The Springs · completed 2004

S12/TH48, The Springs 3

Sold prices and rental history: sold once, by the developer in July 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S12/TH48 · DLD and Ejari recordsUpdated 28 December 2024
Last soldAED 1M10 July 2007
Current rentAED 205K /yr28 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S12/TH48, The Springs 3

What is S12/TH48 worth today?

Last sold for AED 1,000,000 in 2007

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28 Dec 2024RentedRenewal
AED 205,000/yr12 months · AED 86 per sqft
28 Dec 2024RentedRenewal
AED 205,000/yr12 months · AED 86 per sqft
28 Dec 2022RentedNew contract
AED 185,000/yr12 months · AED 78 per sqft
7 Nov 2020RentedNew contract
AED 110,000/yr12 months · AED 46 per sqft
1 Sep 2019RentedNew contract
AED 125,000/yr12 months · AED 53 per sqft
1 Aug 2018RentedRenewal
AED 180,000/yr12 months · AED 76 per sqft
1 Aug 2016RentedRenewal
AED 180,000/yr12 months · AED 76 per sqft
1 Aug 2015RentedNew contract
AED 175,000/yr12 months · AED 74 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 December 2024.

Key facts

Type
3-bed villa
Size
2,377 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,100 /yr
Last sold
AED 1M · July 2007
Community
The Springs 3

About S12/TH48, The Springs 3

S12/TH48 is a three-bedroom villa of 2,377 sqft in The Springs 3, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 10 July 2007 for AED 1,000,000, or AED 420 per sqft, 19% above the AED 352 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 28 December 2024, is AED 205,000 a year: a gross yield of 20.5% on the 2007 price, before the service charge of about AED 5,100 a year.

Sales and rents for S12/TH48 over time

Sales
Villa S12/TH48, 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, July 2007: AED 1,000,000 (AED 420 per sqft)

S12/TH48 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S12/TH48, each contractTypical three-bed in The Springs 3
100K150K200K20112015201920232027Typical 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, August 2013: AED 175,000 a yearNew contract, August 2015: AED 175,000 a yearRenewal, August 2016: AED 180,000 a yearRenewal, August 2018: AED 180,000 a yearNew contract, September 2019: AED 125,000 a yearNew contract, November 2020: AED 110,000 a yearNew contract, December 2022: AED 185,000 a yearRenewal, December 2024: AED 205,000 a yearRenewal, December 2024: AED 205,000 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/TH48 sits

All 193 3-beds →

S12/TH48 last sold in July 2007 at AED 420 per sqft, 19% above what three-beds in The Springs 3 were fetching at the time (AED 352). 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/TH48's AED 205,000 is in the lower half 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/TH48, The Springs 3 in numbers

  • Sold once: by Emaar on 10 July 2007 for AED 1,000,000, or AED 420 per sqft.
  • Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 175,000 to AED 110,000 in 2020 and recovered to AED 205,000 by December 2024.
  • At AED 205,000 a year the gross yield on the 2007 price is 20.5%, before a service charge of about AED 5,100 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 28 December 2024.

Questions about S12/TH48, The Springs 3

What did villa S12/TH48 last sell for?

AED 1,000,000 on 10 July 2007, sold by the developer: AED 420 per sqft for 2,377 sqft. It is the only registered sale of the villa.

What is the rent for villa S12/TH48?

AED 205,000 a year on the contract renewed on 28 December 2024. The previous contract, from December 2024, was AED 205,000; the villa has been rented since August 2013.

How big is villa S12/TH48?

2,377 sqft (220.8 sqm): a three-bedroom villa in The Springs 3, completed in 2004.

What is villa S12/TH48 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/TH48, The Springs 3

Starts from the last sale price (AED 1M, 10 July 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →