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3-bed · 2,300 sqftThe Springs 5, The Springs · completed 2004

S02/TH38, The Springs 5

Sold prices and rental history: sold 4 times, last in January 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH38 · DLD and Ejari recordsUpdated 27 January 2025
Last soldAED 6.6M27 January 2025
Current rentAED 130K /yr10 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH38, The Springs 5

What is S02/TH38 worth today?

Last sold for AED 6,600,000 in 2025

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27 Jan 2025SoldReady
AED 6,600,000AED 2,869 per sqft
18 Oct 2023SoldReady
AED 3,650,000AED 1,586 per sqft
10 Jun 2023RentedNew contract
AED 130,000/yr12 months · AED 57 per sqft
6 Oct 2022SoldReady
AED 2,400,000AED 1,043 per sqft
10 Jun 2022RentedRenewal
AED 100,000/yr12 months · AED 43 per sqft
10 Jun 2021RentedRenewal
AED 100,000/yr12 months · AED 43 per sqft
10 Jun 2020RentedRenewal
AED 100,000/yr12 months · AED 43 per sqft
10 Jun 2019RentedRenewal
AED 130,000/yr12 months · AED 57 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 January 2025.

Key facts

Type
3-bed villa
Size
2,300 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,900 /yr
Last sold
AED 6.6M · January 2025
Community
The Springs 5

About S02/TH38, The Springs 5

S02/TH38 is a three-bedroom villa of 2,300 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. It last sold on 27 January 2025 for AED 6,600,000, or AED 2,869 per sqft, 48% above the AED 1,945 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 10 June 2023, is AED 130,000 a year: a gross yield of 2.0% on the 2025 price, before the service charge of about AED 4,900 a year.

Sales and rents for S02/TH38 over time

Sales
Villa S02/TH38, each saleTypical three-bed in The Springs 5
05M2007201220172022Typical 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, December 2007: AED 696,888 (AED 302 per sqft)Sold, October 2022: AED 2,400,000 (AED 1,043 per sqft)Sold, October 2023: AED 3,650,000 (AED 1,586 per sqft)Sold, January 2025: AED 6,600,000 (AED 2,869 per sqft)

S02/TH38 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH38, 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, February 2015: AED 115,000 a yearNew contract, June 2015: AED 130,000 a yearRenewal, June 2016: AED 140,000 a yearRenewal, June 2017: AED 140,000 a yearRenewal, June 2019: AED 130,000 a yearRenewal, June 2020: AED 100,000 a yearRenewal, June 2021: AED 100,000 a yearRenewal, June 2022: AED 100,000 a yearNew contract, June 2023: 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 S02/TH38 sits

All 171 3-beds →

S02/TH38 last sold in January 2025 at AED 2,869 per sqft, 48% above what three-beds in The Springs 5 were fetching at the time (AED 1,945). 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/TH38'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 →

S02/TH38, The Springs 5 in numbers

  • Sold 4 times: first on 30 December 2007 for AED 696,888, last on 27 January 2025 for AED 6,600,000 (AED 2,869 per sqft).
  • Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 100,000 in 2022 and recovered to AED 130,000 by June 2023.
  • At AED 130,000 a year the gross yield on the 2025 price is 2.0%, before a service charge of about AED 4,900 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 27 January 2025.

Questions about S02/TH38, The Springs 5

What did villa S02/TH38 last sell for?

AED 6,600,000 on 27 January 2025: AED 2,869 per sqft for 2,300 sqft. The villa has 4 registered sales; the first was AED 696,888 in December 2007.

What is the rent for villa S02/TH38?

AED 130,000 a year on the contract signed on 10 June 2023. The previous contract, from June 2022, was AED 100,000; the villa has been rented since February 2015.

How big is villa S02/TH38?

2,300 sqft (213.7 sqm): a three-bedroom villa in The Springs 5, completed in 2004.

What is villa S02/TH38 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/TH38, The Springs 5

Starts from the last sale price (AED 6.6M, 27 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 6,600,000
Deposit, UAE resident (20%)
AED 1,320,000
Deposit, non-resident (40%)
AED 2,640,000
Monthly over 25 years at 3.7%
AED 27,003

Plus AED 282,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →