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

S12/TH57, The Springs 3

Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S12/TH57 · DLD and Ejari recordsUpdated 9 July 2024
Last soldAED 800K6 July 2008
Current rentAED 150K /yr9 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S12/TH57, The Springs 3

What is S12/TH57 worth today?

Last sold for AED 800,000 in 2008

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9 Jul 2024RentedNew contract
AED 150,000/yr12 months · AED 91 per sqft
22 Apr 2024RentedNew contract
AED 150,000/yr12 months · AED 91 per sqft
19 Aug 2021RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
19 Oct 2020RentedRenewal
AED 82,500/yr12 months · AED 50 per sqft
19 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
1 Mar 2019RentedNew contract
AED 105,000/yr12 months · AED 64 per sqft
23 Jul 2015RentedNew contract
AED 135,000/yr12 months · AED 82 per sqft
23 Jul 2014RentedNew contract
AED 135,000/yr12 months · AED 82 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 July 2024.

Key facts

Type
2-bed villa
Size
1,650 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 800K · July 2008
Community
The Springs 3

About S12/TH57, The Springs 3

S12/TH57 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 6 July 2008 for AED 800,000, or AED 484 per sqft, 56% above the AED 310 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 9 July 2024, is AED 150,000 a year: a gross yield of 18.8% on the 2008 price, before the service charge of about AED 3,500 a year.

Sales and rents for S12/TH57 over time

Sales
Villa S12/TH57, 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 2008: AED 800,000 (AED 484 per sqft)

S12/TH57 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S12/TH57, 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, December 2013: AED 94,500 a yearNew contract, July 2014: AED 135,000 a yearNew contract, July 2015: AED 135,000 a yearNew contract, March 2019: AED 105,000 a yearNew contract, October 2019: AED 90,000 a yearRenewal, October 2020: AED 82,500 a yearNew contract, August 2021: AED 90,000 a yearNew contract, April 2024: AED 150,000 a yearNew contract, July 2024: AED 150,000 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/TH57 sits

All 180 2-beds →

S12/TH57 last sold in July 2008 at AED 484 per sqft, 56% above what two-beds in The Springs 3 were fetching at the time (AED 310). 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/TH57's AED 150,000 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/TH57, The Springs 3 in numbers

  • Sold once: by Emaar on 6 July 2008 for AED 800,000, or AED 484 per sqft.
  • Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 94,500 to AED 82,500 in 2020 and recovered to AED 150,000 by July 2024.
  • At AED 150,000 a year the gross yield on the 2008 price is 18.8%, 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 9 July 2024.

Questions about S12/TH57, The Springs 3

What did villa S12/TH57 last sell for?

AED 800,000 on 6 July 2008, sold by the developer: AED 484 per sqft for 1,650 sqft. It is the only registered sale of the villa.

What is the rent for villa S12/TH57?

AED 150,000 a year on the contract signed on 9 July 2024. The previous contract, from April 2024, was AED 150,000; the villa has been rented since December 2013.

How big is villa S12/TH57?

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

What is villa S12/TH57 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/TH57, The Springs 3

Starts from the last sale price (AED 800K, 6 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →