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2-bed · 1,779 sqftThe Springs 4, The Springs · completed 2004

S02/TH59, The Springs 4

Sold prices and rental history: sold 6 times, last in June 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH59 · DLD and Ejari recordsUpdated 19 June 2024
Last soldAED 3.4M19 June 2024
Current rentAED 95K /yr5 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH59, The Springs 4

What is S02/TH59 worth today?

Last sold for AED 3,400,000 in 2024

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19 Jun 2024SoldReady
AED 3,400,000AED 1,910 per sqft
5 Apr 2023RentedNew contract
AED 95,049/yr10 months · AED 53 per sqft
24 Jan 2023SoldReady
AED 2,120,000AED 1,191 per sqft
19 Oct 2022SoldReady
AED 1,600,000AED 899 per sqft
1 Aug 2019RentedNew contract
AED 105,000/yr12 months · AED 59 per sqft
10 Jun 2019SoldReady
AED 1,605,000AED 902 per sqft
10 Mar 2017RentedRenewal
AED 137,500/yr12 months · AED 77 per sqft
10 Mar 2016RentedRenewal
AED 145,000/yr12 months · AED 81 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 June 2024.

Key facts

Type
2-bed villa
Size
1,779 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 3.4M · June 2024
Community
The Springs 4

About S02/TH59, The Springs 4

S02/TH59 is a two-bedroom villa of 1,779 sqft in The Springs 4, a villa community in The Springs completed in 2004 by Emaar. It last sold on 19 June 2024 for AED 3,400,000, or AED 1,910 per sqft, 43% above the AED 1,339 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 5 April 2023, is AED 95,049 a year: a gross yield of 2.8% on the 2024 price, before the service charge of about AED 3,800 a year.

Sales and rents for S02/TH59 over time

Sales
Villa S02/TH59, each saleTypical two-bed in The Springs 4
02M20072012201720222027Typical 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 2008: AED 1,750,000 (AED 983 per sqft)Sold, February 2014: AED 2,450,000 (AED 1,377 per sqft)Sold, June 2019: AED 1,605,000 (AED 902 per sqft)Sold, October 2022: AED 1,600,000 (AED 899 per sqft)Sold, January 2023: AED 2,120,000 (AED 1,191 per sqft)Sold, June 2024: AED 3,400,000 (AED 1,910 per sqft)

S02/TH59 has sold 6 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH59, 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, August 2012: AED 105,000 a yearNew contract, August 2013: AED 110,000 a yearNew contract, March 2015: AED 145,000 a yearRenewal, March 2016: AED 145,000 a yearRenewal, March 2017: AED 137,500 a yearNew contract, August 2019: AED 105,000 a yearNew contract, April 2023: AED 95,049 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/TH59 sits

All 124 2-beds →

S02/TH59 last sold in June 2024 at AED 1,910 per sqft, 43% above what two-beds in The Springs 4 were fetching at the time (AED 1,339). 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/TH59's AED 95,049 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/TH59, The Springs 4 in numbers

  • Sold 6 times: first on 24 April 2008 for AED 1,750,000, last on 19 June 2024 for AED 3,400,000 (AED 1,910 per sqft).
  • Rented since August 2012 on 7 Ejari contracts, from AED 105,000 to AED 95,049 a year.
  • At AED 95,049 a year the gross yield on the 2024 price is 2.8%, 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 19 June 2024.

Questions about S02/TH59, The Springs 4

What did villa S02/TH59 last sell for?

AED 3,400,000 on 19 June 2024: AED 1,910 per sqft for 1,779 sqft. The villa has 6 registered sales; the first was AED 1,750,000 in April 2008.

What is the rent for villa S02/TH59?

AED 95,049 a year on the contract signed on 5 April 2023. The previous contract, from August 2019, was AED 105,000; the villa has been rented since August 2012.

How big is villa S02/TH59?

1,779 sqft (165.3 sqm): a two-bedroom villa in The Springs 4, completed in 2004.

What is villa S02/TH59 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/TH59, The Springs 4

Starts from the last sale price (AED 3.4M, 19 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →