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3-bed · 2,360 sqftThe Springs 5, The Springs · completed 2004

S02/TH16, The Springs 5

Sold prices and rental history: sold 4 times, last in September 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH16 · DLD and Ejari recordsUpdated 15 September 2023
Last soldAED 3.3M11 September 2023
Current rentAED 185K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH16, The Springs 5

What is S02/TH16 worth today?

Last sold for AED 3,300,000 in 2023

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15 Sep 2023RentedNew contract
AED 185,000/yr12 months · AED 78 per sqft
11 Sep 2023SoldReady
AED 3,300,000AED 1,398 per sqft
15 Sep 2022RentedNew contract
AED 185,000/yr12 months · AED 78 per sqft
7 Jun 2017SoldReady
AED 2,475,000AED 1,048 per sqft
21 Jan 2015SoldReady
AED 2,700,000AED 1,144 per sqft
2 Aug 2007Sold by developerReady
AED 320,444AED 135 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2023.

Key facts

Type
3-bed villa
Size
2,360 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 3.3M · September 2023
Community
The Springs 5

About S02/TH16, The Springs 5

S02/TH16 is a three-bedroom villa of 2,360 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. It last sold on 11 September 2023 for AED 3,300,000, or AED 1,398 per sqft, in line with the AED 1,419 three-beds in the community were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 September 2023, is AED 185,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 5,000 a year.

Sales and rents for S02/TH16 over time

Sales
Villa S02/TH16, 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, August 2007: AED 320,444 (AED 135 per sqft)Sold, January 2015: AED 2,700,000 (AED 1,144 per sqft)Sold, June 2017: AED 2,475,000 (AED 1,048 per sqft)Sold, September 2023: AED 3,300,000 (AED 1,398 per sqft)

S02/TH16 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH16, 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, September 2022: AED 185,000 a yearNew contract, September 2023: AED 185,000 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/TH16 sits

All 171 3-beds →

S02/TH16 last sold in September 2023 at AED 1,398 per sqft, in line with what three-beds in The Springs 5 were fetching at the time (AED 1,419). 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/TH16's AED 185,000 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/TH16, The Springs 5 in numbers

  • Sold 4 times: first on 2 August 2007 for AED 320,444, last on 11 September 2023 for AED 3,300,000 (AED 1,398 per sqft).
  • Rented since September 2022 on 2 Ejari contracts, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 5,000 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 15 September 2023.

Questions about S02/TH16, The Springs 5

What did villa S02/TH16 last sell for?

AED 3,300,000 on 11 September 2023: AED 1,398 per sqft for 2,360 sqft. The villa has 4 registered sales; the first was AED 320,444 in August 2007.

What is the rent for villa S02/TH16?

AED 185,000 a year on the contract signed on 15 September 2023. The previous contract, from September 2022, was AED 185,000.

How big is villa S02/TH16?

2,360 sqft (219.3 sqm): a three-bedroom villa in The Springs 5, completed in 2004.

What is villa S02/TH16 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/TH16, The Springs 5

Starts from the last sale price (AED 3.3M, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →