Home
Dubai prices
About
Research
3-bed · 2,359 sqftThe Springs 5, The Springs · completed 2004

S02/TH40, The Springs 5

Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH40 · DLD and Ejari recordsUpdated 1 April 2021
Last soldAED 3M20 January 2014
Current rentAED 110K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH40, The Springs 5

What is S02/TH40 worth today?

Last sold for AED 3,000,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Apr 2021RentedRenewal
AED 110,000/yr12 months · AED 47 per sqft
1 Apr 2020RentedNew contract
AED 115,000/yr12 months · AED 49 per sqft
7 Apr 2019RentedRenewal
AED 130,000/yr12 months · AED 55 per sqft
15 Mar 2017RentedNew contract
AED 150,000/yr12 months · AED 64 per sqft
28 Feb 2016RentedRenewal
AED 170,000/yr12 months · AED 72 per sqft
28 Feb 2015RentedNew contract
AED 170,000/yr12 months · AED 72 per sqft
20 Jan 2014SoldReady
AED 3,000,000AED 1,271 per sqft
15 Nov 2009Sold by developerReady
AED 640,888AED 271 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2021.

Key facts

Type
3-bed villa
Size
2,359 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 3M · January 2014
Community
The Springs 5

About S02/TH40, The Springs 5

S02/TH40 is a three-bedroom villa of 2,359 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. It last sold on 20 January 2014 for AED 3,000,000, or AED 1,271 per sqft, 27% above the AED 1,002 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 April 2021, is AED 110,000 a year: a gross yield of 3.7% on the 2014 price, before the service charge of about AED 5,000 a year.

Sales and rents for S02/TH40 over time

Sales
Villa S02/TH40, 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, November 2009: AED 640,888 (AED 271 per sqft)Sold, January 2014: AED 3,000,000 (AED 1,271 per sqft)

S02/TH40 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH40, 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 170,000 a yearRenewal, February 2016: AED 170,000 a yearNew contract, March 2017: AED 150,000 a yearRenewal, April 2019: AED 130,000 a yearNew contract, April 2020: AED 115,000 a yearRenewal, April 2021: AED 110,000 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/TH40 sits

All 171 3-beds →

S02/TH40 last sold in January 2014 at AED 1,271 per sqft, 27% above what three-beds in The Springs 5 were fetching at the time (AED 1,002). 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/TH40's AED 110,000 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/TH40, The Springs 5 in numbers

  • Sold twice: first on 15 November 2009 for AED 640,888, last on 20 January 2014 for AED 3,000,000 (AED 1,271 per sqft).
  • Rented since February 2015 on 6 Ejari contracts, from AED 170,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2014 price is 3.7%, 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 1 April 2021.

Questions about S02/TH40, The Springs 5

What did villa S02/TH40 last sell for?

AED 3,000,000 on 20 January 2014: AED 1,271 per sqft for 2,359 sqft. The villa has 2 registered sales; the first was AED 640,888 in November 2009.

What is the rent for villa S02/TH40?

AED 110,000 a year on the contract renewed on 1 April 2021. The previous contract, from April 2020, was AED 115,000; the villa has been rented since February 2015.

How big is villa S02/TH40?

2,359 sqft (219.2 sqm): a three-bedroom villa in The Springs 5, completed in 2004.

What is villa S02/TH40 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.

Selling S02/TH40? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S02/TH40, The Springs 5

Starts from the last sale price (AED 3M, 20 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →