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2-bed · 1,764 sqftThe Springs 4, The Springs · completed 2004

S02/TH38, The Springs 4

Sold prices and rental history: sold once, by the developer in September 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH38 · DLD and Ejari recordsUpdated 10 April 2024
Last soldAED 1.5M20 September 2011
Current rentAED 83K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH38, The Springs 4

What is S02/TH38 worth today?

Last sold for AED 1,500,000 in 2011

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10 Apr 2024RentedRenewal
AED 83,375/yr12 months · AED 47 per sqft
10 Apr 2023RentedNew contract
AED 72,500/yr12 months · AED 41 per sqft
10 Apr 2022RentedRenewal
AED 72,500/yr12 months · AED 41 per sqft
10 Apr 2021RentedRenewal
AED 70,000/yr12 months · AED 40 per sqft
10 Apr 2020RentedRenewal
AED 75,000/yr12 months · AED 43 per sqft
10 Apr 2019RentedRenewal
AED 90,000/yr12 months · AED 51 per sqft
10 Apr 2018RentedNew contract
AED 90,000/yr12 months · AED 51 per sqft
10 Jul 2017RentedRenewal
AED 110,000/yr12 months · AED 62 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 April 2024.

Key facts

Type
2-bed villa
Size
1,764 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 1.5M · September 2011
Community
The Springs 4

About S02/TH38, The Springs 4

S02/TH38 is a two-bedroom villa of 1,764 sqft in The Springs 4, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 20 September 2011 for AED 1,500,000, or AED 850 per sqft, 52% above the AED 560 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 10 April 2024, is AED 83,375 a year: a gross yield of 5.6% on the 2011 price, before the service charge of about AED 3,800 a year.

Sales and rents for S02/TH38 over time

Sales
Villa S02/TH38, 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, September 2011: AED 1,500,000 (AED 850 per sqft)

S02/TH38 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH38, 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, July 2012: AED 87,000 a yearNew contract, July 2013: AED 95,000 a yearNew contract, July 2014: AED 104,500 a yearNew contract, July 2015: AED 109,725 a yearRenewal, July 2016: AED 115,200 a yearRenewal, July 2017: AED 110,000 a yearNew contract, April 2018: AED 90,000 a yearRenewal, April 2019: AED 90,000 a yearRenewal, April 2020: AED 75,000 a yearRenewal, April 2021: AED 70,000 a yearRenewal, April 2022: AED 72,500 a yearNew contract, April 2023: AED 72,500 a yearRenewal, April 2024: AED 83,375 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/TH38 sits

All 124 2-beds →

S02/TH38 last sold in September 2011 at AED 850 per sqft, 52% above what two-beds in The Springs 4 were fetching at the time (AED 560). 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/TH38's AED 83,375 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/TH38, The Springs 4 in numbers

  • Sold once: by Emaar on 20 September 2011 for AED 1,500,000, or AED 850 per sqft.
  • Rented since July 2012 on 13 Ejari contracts. The rent fell from AED 87,000 to AED 70,000 in 2021 and recovered to AED 83,375 by April 2024.
  • At AED 83,375 a year the gross yield on the 2011 price is 5.6%, before a service charge of about AED 3,800 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 10 April 2024.

Questions about S02/TH38, The Springs 4

What did villa S02/TH38 last sell for?

AED 1,500,000 on 20 September 2011, sold by the developer: AED 850 per sqft for 1,764 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH38?

AED 83,375 a year on the contract renewed on 10 April 2024. The previous contract, from April 2023, was AED 72,500; the villa has been rented since July 2012.

How big is villa S02/TH38?

1,764 sqft (163.9 sqm): a two-bedroom villa in The Springs 4, completed in 2004.

What is villa S02/TH38 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/TH38, The Springs 4

Starts from the last sale price (AED 1.5M, 20 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →