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3-bed · 2,687 sqftThe Springs 5, The Springs · completed 2004

S01/TH15, The Springs 5

Sold prices and rental history: sold once, by the developer in June 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH15 · DLD and Ejari recordsUpdated 26 September 2024
Last soldAED 801K28 June 2007
Current rentAED 195K /yr26 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH15, The Springs 5

What is S01/TH15 worth today?

Last sold for AED 800,888 in 2007

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26 Sep 2024RentedRenewal
AED 195,000/yr12 months · AED 73 per sqft
26 Sep 2022RentedRenewal
AED 140,000/yr12 months · AED 52 per sqft
26 Sep 2021RentedNew contract
AED 140,000/yr12 months · AED 52 per sqft
26 Sep 2020RentedRenewal
AED 140,000/yr12 months · AED 52 per sqft
26 Sep 2019RentedRenewal
AED 150,000/yr12 months · AED 56 per sqft
26 Sep 2018RentedNew contract
AED 150,000/yr12 months · AED 56 per sqft
22 Apr 2017RentedRenewal
AED 185,000/yr12 months · AED 69 per sqft
22 Apr 2016RentedRenewal
AED 185,000/yr12 months · AED 69 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 September 2024.

Key facts

Type
3-bed villa
Size
2,687 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,700 /yr
Last sold
AED 801K · June 2007
Community
The Springs 5

About S01/TH15, The Springs 5

S01/TH15 is a three-bedroom villa of 2,687 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 28 June 2007 for AED 800,888, or AED 298 per sqft, 16% below the AED 354 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 26 September 2024, is AED 195,000 a year: a gross yield of 24.3% on the 2007 price, before the service charge of about AED 5,700 a year.

Sales and rents for S01/TH15 over time

Sales
Villa S01/TH15, 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, June 2007: AED 800,888 (AED 298 per sqft)

S01/TH15 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH15, 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, March 2014: AED 185,000 a yearNew contract, April 2015: AED 185,000 a yearRenewal, April 2016: AED 185,000 a yearRenewal, April 2017: AED 185,000 a yearNew contract, September 2018: AED 150,000 a yearRenewal, September 2019: AED 150,000 a yearRenewal, September 2020: AED 140,000 a yearNew contract, September 2021: AED 140,000 a yearRenewal, September 2022: AED 140,000 a yearRenewal, September 2024: AED 195,000 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/TH15 sits

All 171 3-beds →

S01/TH15 last sold in June 2007 at AED 298 per sqft, 16% below what three-beds in The Springs 5 were fetching at the time (AED 354). 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/TH15's AED 195,000 is in the lower half 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/TH15, The Springs 5 in numbers

  • Sold once: by Emaar on 28 June 2007 for AED 800,888, or AED 298 per sqft.
  • Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 185,000 to AED 140,000 in 2022 and recovered to AED 195,000 by September 2024.
  • At AED 195,000 a year the gross yield on the 2007 price is 24.3%, before a service charge of about AED 5,700 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 26 September 2024.

Questions about S01/TH15, The Springs 5

What did villa S01/TH15 last sell for?

AED 800,888 on 28 June 2007, sold by the developer: AED 298 per sqft for 2,687 sqft. It is the only registered sale of the villa.

What is the rent for villa S01/TH15?

AED 195,000 a year on the contract renewed on 26 September 2024. The previous contract, from September 2022, was AED 140,000; the villa has been rented since March 2014.

How big is villa S01/TH15?

2,687 sqft (249.6 sqm): a three-bedroom villa in The Springs 5, completed in 2004.

What is villa S01/TH15 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/TH15, The Springs 5

Starts from the last sale price (AED 801K, 28 June 2007). Switch to today's estimate once you have unlocked it.
Price
AED 800,888
Deposit, UAE resident (20%)
AED 160,178
Deposit, non-resident (40%)
AED 320,355
Monthly over 25 years at 3.7%
AED 3,277

Plus AED 38,648 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →