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3-bed · 2,561 sqftThe Springs 5, The Springs · completed 2004

S01/TH08, The Springs 5

Sold prices and rental history: sold once, by the developer in July 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH08 · DLD and Ejari recordsUpdated 6 November 2023
Last soldAED 761K3 July 2007
Current rentAED 132K /yr6 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH08, The Springs 5

What is S01/TH08 worth today?

Last sold for AED 760,888 in 2007

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6 Nov 2023RentedRenewal
AED 132,000/yr12 months · AED 52 per sqft
6 Nov 2021RentedRenewal
AED 120,865/yr12 months · AED 47 per sqft
6 Nov 2020RentedRenewal
AED 115,000/yr12 months · AED 45 per sqft
6 Nov 2017RentedNew contract
AED 135,000/yr12 months · AED 53 per sqft
27 Mar 2017RentedRenewal · flagged as an outlier
AED 55,000/yr4 months · AED 21 per sqft
27 Mar 2016RentedNew contract
AED 165,000/yr12 months · AED 64 per sqft
1 Aug 2014RentedNew contract
AED 178,500/yr12 months · AED 70 per sqft
1 Aug 2013RentedNew contract
AED 170,458/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 November 2023.

Key facts

Type
3-bed villa
Size
2,561 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,500 /yr
Last sold
AED 761K · July 2007
Community
The Springs 5

About S01/TH08, The Springs 5

S01/TH08 is a three-bedroom villa of 2,561 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 3 July 2007 for AED 760,888, or AED 297 per sqft, 9% below the AED 328 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 6 November 2023, is AED 132,000 a year: a gross yield of 17.3% on the 2007 price, before the service charge of about AED 5,500 a year.

Sales and rents for S01/TH08 over time

Sales
Villa S01/TH08, each saleTypical three-bed in The Springs 5
02.5M5M2007201220172022Typical 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, July 2007: AED 760,888 (AED 297 per sqft)

S01/TH08 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH08, each contractTypical three-bed in The Springs 5
100K200K20112015201920232027Typical 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, June 2012: AED 160,000 a yearNew contract, August 2013: AED 170,458 a yearNew contract, August 2014: AED 178,500 a yearNew contract, March 2016: AED 165,000 a yearNew contract, November 2017: AED 135,000 a yearRenewal, November 2020: AED 115,000 a yearRenewal, November 2021: AED 120,865 a yearRenewal, November 2023: AED 132,000 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/TH08 sits

All 171 3-beds →

S01/TH08 last sold in July 2007 at AED 297 per sqft, 9% below what three-beds in The Springs 5 were fetching at the time (AED 328). 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/TH08's AED 132,000 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/TH08, The Springs 5 in numbers

  • Sold once: by Emaar on 3 July 2007 for AED 760,888, or AED 297 per sqft.
  • Rented since June 2012 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 55,000 in 2017 and recovered to AED 132,000 by November 2023.
  • At AED 132,000 a year the gross yield on the 2007 price is 17.3%, before a service charge of about AED 5,500 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 6 November 2023.

Questions about S01/TH08, The Springs 5

What did villa S01/TH08 last sell for?

AED 760,888 on 3 July 2007, sold by the developer: AED 297 per sqft for 2,561 sqft. It is the only registered sale of the villa.

What is the rent for villa S01/TH08?

AED 132,000 a year on the contract renewed on 6 November 2023. The previous contract, from November 2021, was AED 120,865; the villa has been rented since June 2012.

How big is villa S01/TH08?

2,561 sqft (237.9 sqm): a three-bedroom villa in The Springs 5, completed in 2004.

What is villa S01/TH08 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/TH08, The Springs 5

Starts from the last sale price (AED 761K, 3 July 2007). Switch to today's estimate once you have unlocked it.
Price
AED 760,888
Deposit, UAE resident (20%)
AED 152,178
Deposit, non-resident (40%)
AED 304,355
Monthly over 25 years at 3.7%
AED 3,113

Plus AED 36,968 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →