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3-bed · 2,747 sqftThe Springs 5, The Springs · completed 2004

S01/TH02, The Springs 5

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH02 · DLD and Ejari recordsUpdated 1 April 2021
Last soldAED 2.4M1 April 2021
Current rentAED 130K /yr3 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH02, The Springs 5

What is S01/TH02 worth today?

Last sold for AED 2,400,000 in 2021

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1 Apr 2021SoldReady
AED 2,400,000AED 873 per sqft
3 Mar 2020RentedRenewal
AED 130,000/yr12 months · AED 47 per sqft
3 Mar 2019RentedRenewal
AED 130,000/yr12 months · AED 47 per sqft
2 Jan 2017RentedRenewal
AED 190,000/yr12 months · AED 69 per sqft
2 Jan 2016RentedRenewal
AED 190,000/yr12 months · AED 69 per sqft
2 Jan 2015RentedNew contract
AED 200,000/yr12 months · AED 73 per sqft
18 Feb 2014SoldReady
AED 2,600,000AED 946 per sqft
2 Jan 2014RentedNew contract
AED 200,000/yr12 months · AED 73 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2021.

Key facts

Type
3-bed villa
Size
2,747 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,900 /yr
Last sold
AED 2.4M · April 2021
Community
The Springs 5

About S01/TH02, The Springs 5

S01/TH02 is a three-bedroom villa of 2,747 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. It last sold on 1 April 2021 for AED 2,400,000, or AED 873 per sqft, 29% above the AED 679 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 3 March 2020, is AED 130,000 a year: a gross yield of 5.4% on the 2021 price, before the service charge of about AED 5,900 a year.

Sales and rents for S01/TH02 over time

Sales
Villa S01/TH02, each saleTypical three-bed in The Springs 5
2.5M5M2007201220172022Typical sale price by year: 2007 AED 823,888; 2008 AED 1,650,000; 2009 AED 1,100,000; 2010 AED 895,888; 2011 AED 1,305,000; 2012 AED 2,425,000; 2013 AED 2,525,000; 2014 AED 3,275,000; 2015 AED 2,662,500; 2016 AED 2,750,000; 2017 AED 2,462,500; 2018 AED 2,400,000; 2019 AED 2,000,000; 2020 AED 1,100,000; 2021 AED 2,528,500; 2022 AED 2,953,710; 2023 AED 3,870,000; 2024 AED 4,600,000; 2025 AED 5,350,000Sold by developer, February 2008: AED 1,060,000 (AED 385 per sqft)Sold, February 2014: AED 2,600,000 (AED 946 per sqft)Sold, April 2021: AED 2,400,000 (AED 873 per sqft)

S01/TH02 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH02, each contractTypical three-bed in The Springs 5
200K20112015201920232027Typical rent by year: 2011 AED 142,500; 2012 AED 150,000; 2013 AED 160,000; 2014 AED 175,000; 2015 AED 180,000; 2016 AED 180,000; 2017 AED 165,000; 2018 AED 155,000; 2019 AED 141,250; 2020 AED 129,651; 2021 AED 135,000; 2022 AED 150,000; 2023 AED 170,888; 2024 AED 200,000; 2025 AED 220,000; 2026 AED 260,000New contract, January 2014: AED 200,000 a yearNew contract, January 2014: AED 200,000 a yearNew contract, January 2015: AED 200,000 a yearRenewal, January 2016: AED 190,000 a yearRenewal, January 2017: AED 190,000 a yearRenewal, March 2019: AED 130,000 a yearRenewal, March 2020: AED 130,000 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 5, and where S01/TH02 sits

All 171 3-beds →

S01/TH02 last sold in April 2021 at AED 873 per sqft, 29% above what three-beds in The Springs 5 were fetching at the time (AED 679). Over the last 12 months three-beds sold for AED 4,999,000 to 6,000,000, around AED 2,164 per sqft, and rent for AED 156,000 to 310,000 a year. S01/TH02's AED 130,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
15 Jan 20266,000,000
5 Dec 20254,999,000
6 Oct 20256,950,000
3 Oct 20256,325,000
2 3-bed sales in the last 12 months

The Springs 5

Community

269 villas, 2-bed to 3-bed in The Springs, completed in 2004 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 1,901
Typical sale
AED 3.15M
Typical rent
AED 191K /yr
Typical yield
4.7%
The Springs 5, The Springs: prices, sales and rents →

S01/TH02, The Springs 5 in numbers

  • Sold 3 times: first on 13 February 2008 for AED 1,060,000, last on 1 April 2021 for AED 2,400,000 (AED 873 per sqft).
  • Rented since January 2014 on 7 Ejari contracts, from AED 200,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 5.4%, before a service charge of about AED 5,900 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 5 sold for AED 4,999,000–6,000,000 in the 12 months to November 2026; the community's median across all types is AED 1,901 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2021.

Questions about S01/TH02, The Springs 5

What did villa S01/TH02 last sell for?

AED 2,400,000 on 1 April 2021: AED 873 per sqft for 2,747 sqft. The villa has 3 registered sales; the first was AED 1,060,000 in February 2008.

What is the rent for villa S01/TH02?

AED 130,000 a year on the contract renewed on 3 March 2020. The previous contract, from March 2019, was AED 130,000; the villa has been rented since January 2014.

How big is villa S01/TH02?

2,747 sqft (255.2 sqm): a three-bedroom villa in The Springs 5, completed in 2004.

What is villa S01/TH02 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 5 sold for AED 4,999,000 to 6,000,000 in the last 12 months, around AED 2,164 per sqft.

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Mortgage on S01/TH02, The Springs 5

Starts from the last sale price (AED 2.4M, 1 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →