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2-bed · 1,641 sqftThe Springs 4, The Springs · completed 2004

S02/TH23, The Springs 4

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH23 · DLD and Ejari recordsUpdated 23 December 2024
Last soldAED 2.65M23 December 2024
Current rentAED 63K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH23, The Springs 4

What is S02/TH23 worth today?

Last sold for AED 2,650,000 in 2024

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23 Dec 2024SoldReady
AED 2,650,000AED 1,614 per sqft
1 May 2021RentedRenewal
AED 63,000/yr12 months · AED 38 per sqft
1 Mar 2020RentedNew contract
AED 70,000/yr14 months · AED 43 per sqft
1 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
28 Jul 2017RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
20 Apr 2009Sold by developerReady
AED 500,000AED 304 per sqft
20 Apr 2009SoldReady
AED 1,400,000AED 853 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 December 2024.

Key facts

Type
2-bed villa
Size
1,641 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 2.65M · December 2024
Community
The Springs 4

About S02/TH23, The Springs 4

S02/TH23 is a two-bedroom villa of 1,641 sqft in The Springs 4, a villa community in The Springs completed in 2004 by Emaar. It last sold on 23 December 2024 for AED 2,650,000, or AED 1,614 per sqft, 4% above the AED 1,554 two-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 May 2021, is AED 63,000 a year: a gross yield of 2.4% on the 2024 price, before the service charge of about AED 3,500 a year.

Sales and rents for S02/TH23 over time

Sales
Villa S02/TH23, each saleTypical two-bed in The Springs 4
2M20072012201720222027Typical sale price by year: 2007 AED 515,000; 2008 AED 775,000; 2009 AED 500,000; 2010 AED 627,451; 2011 AED 987,500; 2012 AED 1,225,000; 2013 AED 1,540,000; 2014 AED 2,100,000; 2015 AED 1,750,000; 2016 AED 1,660,000; 2017 AED 1,555,000; 2018 AED 1,450,000; 2019 AED 1,200,000; 2020 AED 1,200,000; 2021 AED 1,400,000; 2022 AED 1,650,000; 2023 AED 2,120,000; 2024 AED 2,650,000; 2025 AED 3,060,000; 2026 AED 3,100,000Sold by developer, April 2009: AED 500,000 (AED 304 per sqft)Sold, April 2009: AED 1,400,000 (AED 853 per sqft)Sold, December 2024: AED 2,650,000 (AED 1,614 per sqft)

S02/TH23 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH23, each contractTypical two-bed in The Springs 4
50K100K150K2012201620202024Typical rent by year: 2012 AED 87,500; 2013 AED 97,500; 2014 AED 115,250; 2015 AED 125,000; 2016 AED 121,250; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 93,500; 2023 AED 100,930; 2024 AED 120,500; 2025 AED 145,000; 2026 AED 153,500New contract, July 2017: AED 100,000 a yearNew contract, October 2019: AED 90,000 a yearNew contract, March 2020: AED 70,000 a yearRenewal, May 2021: AED 63,000 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 4, and where S02/TH23 sits

All 124 2-beds →

S02/TH23 last sold in December 2024 at AED 1,614 per sqft, 4% above what two-beds in The Springs 4 were fetching at the time (AED 1,554). Over the last 12 months two-beds sold for AED 2,735,000 to 3,900,000, around AED 2,168 per sqft, and rent for AED 52,000 to 220,000 a year. S02/TH23's AED 63,000 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
23 Jan 20263,100,000
16 Jan 20262,735,000
8 Jan 20263,900,000
30 Dec 20253,800,000
5 2-bed sales in the last 12 months

The Springs 4

Community

318 villas, 2-bed to 4-bed in The Springs, completed in 2004 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,168
Typical sale
AED 3.9M
Typical rent
AED 194K /yr
Typical yield
4.3%
The Springs 4, The Springs: prices, sales and rents →

S02/TH23, The Springs 4 in numbers

  • Sold 3 times: first on 20 April 2009 for AED 1,400,000, last on 23 December 2024 for AED 2,650,000 (AED 1,614 per sqft).
  • Rented since July 2017 on 4 Ejari contracts, from AED 100,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2024 price is 2.4%, before a service charge of about AED 3,500 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 4 sold for AED 2,735,000–3,900,000 in the 12 months to November 2026; the community's median across all types is AED 2,168 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 23 December 2024.

Questions about S02/TH23, The Springs 4

What did villa S02/TH23 last sell for?

AED 2,650,000 on 23 December 2024: AED 1,614 per sqft for 1,641 sqft. The villa has 3 registered sales; the first was AED 1,400,000 in April 2009.

What is the rent for villa S02/TH23?

AED 63,000 a year on the contract renewed on 1 May 2021. The previous contract, from March 2020, was AED 70,000; the villa has been rented since July 2017.

How big is villa S02/TH23?

1,641 sqft (152.5 sqm): a two-bedroom villa in The Springs 4, completed in 2004.

What is villa S02/TH23 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 4 sold for AED 2,735,000 to 3,900,000 in the last 12 months, around AED 2,168 per sqft.

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Mortgage on S02/TH23, The Springs 4

Starts from the last sale price (AED 2.65M, 23 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →