2-bed · 1,631 sqftThe Springs 4, The Springs · completed 2004

S02/TH28, The Springs 4

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

Villa S02/TH28 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 477K10 January 2013
Current rentAED 115K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH28, The Springs 4

What is S02/TH28 worth today?

Last sold for AED 476,888 in 2013

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1 Aug 2024RentedRenewal
AED 115,000/yr12 months · AED 71 per sqft
7 Aug 2023RentedNew contract
AED 101,639/yr12 months · AED 62 per sqft
1 Aug 2020RentedRenewal
AED 73,000/yr12 months · AED 45 per sqft
1 Aug 2019RentedRenewal
AED 80,000/yr12 months · AED 49 per sqft
1 Aug 2018RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
15 Sep 2017RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
6 Sep 2016RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
6 Sep 2015RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Key facts

Type
2-bed villa
Size
1,631 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 477K · January 2013
Community
The Springs 4

About S02/TH28, The Springs 4

S02/TH28 is a two-bedroom villa of 1,631 sqft in The Springs 4, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 10 January 2013 for AED 476,888, or AED 292 per sqft, 60% below the AED 728 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 115,000 a year: a gross yield of 24.1% on the 2013 price, before the service charge of about AED 3,500 a year.

Sales and rents for S02/TH28 over time

Sales
Villa S02/TH28, 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, January 2013: AED 476,888 (AED 292 per sqft)

S02/TH28 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH28, each contractTypical two-bed in The Springs 4
100K150K2012201620202024Typical 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, September 2013: AED 84,765 a yearNew contract, September 2014: AED 95,000 a yearRenewal, September 2015: AED 95,000 a yearRenewal, September 2016: AED 100,000 a yearNew contract, September 2017: AED 100,000 a yearNew contract, August 2018: AED 90,000 a yearRenewal, August 2019: AED 80,000 a yearRenewal, August 2020: AED 73,000 a yearNew contract, August 2023: AED 101,639 a yearRenewal, August 2024: AED 115,000 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/TH28 sits

All 124 2-beds →

S02/TH28 last sold in January 2013 at AED 292 per sqft, 60% below what two-beds in The Springs 4 were fetching at the time (AED 728). 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/TH28's AED 115,000 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/TH28, The Springs 4 in numbers

  • Sold once: by Emaar on 10 January 2013 for AED 476,888, or AED 292 per sqft.
  • Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 84,765 to AED 73,000 in 2020 and recovered to AED 115,000 by August 2024.
  • At AED 115,000 a year the gross yield on the 2013 price is 24.1%, 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 1 August 2024.

Questions about S02/TH28, The Springs 4

What did villa S02/TH28 last sell for?

AED 476,888 on 10 January 2013, sold by the developer: AED 292 per sqft for 1,631 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH28?

AED 115,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 101,639; the villa has been rented since September 2013.

How big is villa S02/TH28?

1,631 sqft (151.5 sqm): a two-bedroom villa in The Springs 4, completed in 2004.

What is villa S02/TH28 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/TH28, The Springs 4

Starts from the last sale price (AED 477K, 10 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 476,888
Deposit, UAE resident (20%)
AED 95,378
Deposit, non-resident (40%)
AED 190,755
Monthly over 25 years at 3.7%
AED 1,951

Plus AED 22,940 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →