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3-bed · 1,525 sqftThe Springs 5, The Springs · completed 2004

S02/TH02, The Springs 5

Sold prices and rental history: sold once, by the developer in October 2020, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH02 · DLD and Ejari recordsUpdated 6 October 2020
Last soldAED 1.03M6 October 2020
Current rentAED 190K /yr1 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH02, The Springs 5

What is S02/TH02 worth today?

Last sold for AED 1,032,888 in 2020

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6 Oct 2020Sold by developerReady
AED 1,032,888AED 677 per sqft
1 Apr 2016RentedRenewal
AED 190,000/yr12 months · AED 62 per sqft
1 Apr 2015RentedNew contract
AED 190,000/yr12 months · AED 62 per sqft
1 Apr 2014RentedNew contract
AED 190,000/yr12 months · AED 62 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 October 2020.

Key facts

Type
3-bed villa
Size
1,525 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,200 /yr
Last sold
AED 1.03M · October 2020
Community
The Springs 5

About S02/TH02, The Springs 5

S02/TH02 is a three-bedroom villa of 1,525 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 6 October 2020 for AED 1,032,888, or AED 677 per sqft, in line with the AED 674 three-beds in the community were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 1 April 2016, is AED 190,000 a year: a gross yield of 18.4% on the 2020 price, before the service charge of about AED 3,200 a year.

Sales and rents for S02/TH02 over time

Sales
Villa S02/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, October 2020: AED 1,032,888 (AED 677 per sqft)

S02/TH02 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/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, April 2014: AED 190,000 a yearNew contract, April 2015: AED 190,000 a yearRenewal, April 2016: AED 190,000 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 S02/TH02 sits

All 171 3-beds →

S02/TH02 last sold in October 2020 at AED 677 per sqft, in line with what three-beds in The Springs 5 were fetching at the time (AED 674). 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. S02/TH02's AED 190,000 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 →

S02/TH02, The Springs 5 in numbers

  • Sold once: by Emaar on 6 October 2020 for AED 1,032,888, or AED 677 per sqft.
  • Rented since April 2014 on 3 Ejari contracts, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2020 price is 18.4%, before a service charge of about AED 3,200 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 October 2020.

Questions about S02/TH02, The Springs 5

What did villa S02/TH02 last sell for?

AED 1,032,888 on 6 October 2020, sold by the developer: AED 677 per sqft for 1,525 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH02?

AED 190,000 a year on the contract renewed on 1 April 2016. The previous contract, from April 2015, was AED 190,000; the villa has been rented since April 2014.

How big is villa S02/TH02?

1,525 sqft (141.7 sqm): a three-bedroom villa in The Springs 5, completed in 2004.

What is villa S02/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 S02/TH02, The Springs 5

Starts from the last sale price (AED 1.03M, 6 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,032,888
Deposit, UAE resident (20%)
AED 206,578
Deposit, non-resident (40%)
AED 413,155
Monthly over 25 years at 3.7%
AED 4,226

Plus AED 48,392 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →