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3-bed · 2,204 sqftThe Springs 4, The Springs · completed 2004

S02/TH56, The Springs 4

Sold prices and rental history: sold 3 times, last in May 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH56 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 2.2M2 May 2018
Current rentAED 160K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH56, The Springs 4

What is S02/TH56 worth today?

Last sold for AED 2,200,000 in 2018

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1 Apr 2022RentedNew contract
AED 160,000/yr12 months · AED 73 per sqft
2 May 2018SoldReady
AED 2,200,000AED 997 per sqft
19 May 2016RentedNew contract
AED 177,500/yr12 months · AED 81 per sqft
24 Apr 2015RentedNew contract
AED 180,000/yr12 months · AED 82 per sqft
9 Mar 2008Sold by developerReady
AED 1,100,000AED 498 per sqft
9 Mar 2008SoldReady
AED 1,377,000AED 624 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2022.

Key facts

Type
3-bed villa
Size
2,204 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,700 /yr
Last sold
AED 2.2M · May 2018
Community
The Springs 4

About S02/TH56, The Springs 4

S02/TH56 is a three-bedroom villa of 2,204 sqft in The Springs 4, a villa community in The Springs completed in 2004 by Emaar. It last sold on 2 May 2018 for AED 2,200,000, or AED 997 per sqft, in line with the AED 997 three-beds in the community were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 April 2022, is AED 160,000 a year: a gross yield of 7.3% on the 2018 price, before the service charge of about AED 4,700 a year.

Sales and rents for S02/TH56 over time

Sales
Villa S02/TH56, each saleTypical three-bed in The Springs 4
02.5M5M20072012201720222027Typical sale price by year: 2007 AED 687,888; 2008 AED 1,225,444; 2009 AED 1,635,944; 2010 AED 1,150,000; 2011 AED 1,500,000; 2012 AED 1,825,000; 2013 AED 2,450,000; 2014 AED 3,090,000; 2015 AED 2,750,000; 2016 AED 2,635,000; 2017 AED 2,410,000; 2018 AED 2,150,000; 2019 AED 1,820,000; 2020 AED 1,892,500; 2021 AED 2,720,000; 2022 AED 2,975,000; 2023 AED 3,637,500; 2024 AED 4,762,500; 2025 AED 4,950,000; 2026 AED 5,600,000Sold by developer, March 2008: AED 1,100,000 (AED 498 per sqft)Sold, March 2008: AED 1,377,000 (AED 624 per sqft)Sold, May 2018: AED 2,200,000 (AED 997 per sqft)

S02/TH56 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH56, each contractTypical three-bed in The Springs 4
150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 142,500; 2014 AED 170,846; 2015 AED 180,000; 2016 AED 180,000; 2017 AED 165,220; 2018 AED 150,000; 2019 AED 140,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 140,000; 2023 AED 157,871; 2024 AED 197,500; 2025 AED 200,000; 2026 AED 197,125New contract, April 2015: AED 180,000 a yearNew contract, May 2016: AED 177,500 a yearNew contract, April 2022: AED 160,000 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 4, and where S02/TH56 sits

All 143 3-beds →

S02/TH56 last sold in May 2018 at AED 997 per sqft, in line with what three-beds in The Springs 4 were fetching at the time (AED 997). Over the last 12 months three-beds sold for AED 4,950,000 to 7,300,000, around AED 2,275 per sqft, and rent for AED 176,000 to 330,000 a year. S02/TH56's AED 160,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
2 Feb 20264,950,000
15 Jan 20265,700,000
13 Jan 20265,600,000
20 Nov 20257,300,000
4 3-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/TH56, The Springs 4 in numbers

  • Sold 3 times: first on 9 March 2008 for AED 1,377,000, last on 2 May 2018 for AED 2,200,000 (AED 997 per sqft).
  • Rented since April 2015 on 3 Ejari contracts, from AED 180,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2018 price is 7.3%, before a service charge of about AED 4,700 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 4 sold for AED 4,950,000–7,300,000 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 April 2022.

Questions about S02/TH56, The Springs 4

What did villa S02/TH56 last sell for?

AED 2,200,000 on 2 May 2018: AED 997 per sqft for 2,204 sqft. The villa has 3 registered sales; the first was AED 1,377,000 in March 2008.

What is the rent for villa S02/TH56?

AED 160,000 a year on the contract signed on 1 April 2022. The previous contract, from May 2016, was AED 177,500; the villa has been rented since April 2015.

How big is villa S02/TH56?

2,204 sqft (204.8 sqm): a three-bedroom villa in The Springs 4, completed in 2004.

What is villa S02/TH56 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 4 sold for AED 4,950,000 to 7,300,000 in the last 12 months, around AED 2,275 per sqft.

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Mortgage on S02/TH56, The Springs 4

Starts from the last sale price (AED 2.2M, 2 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →