3-bed · 2,748 sqftThe Springs 5, The Springs · completed 2004

S02/TH58, The Springs 5

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH58 · DLD and Ejari recordsUpdated 9 May 2023
Last soldAED 3.9M9 May 2023
Current rentAED 148K /yr31 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH58, The Springs 5

What is S02/TH58 worth today?

Last sold for AED 3,900,000 in 2023

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9 May 2023SoldReady
AED 3,900,000AED 1,419 per sqft
31 Aug 2022RentedRenewal
AED 148,352/yr3 months · AED 54 per sqft
31 Aug 2021RentedRenewal
AED 150,000/yr12 months · AED 55 per sqft
31 Aug 2020RentedRenewal
AED 150,000/yr12 months · AED 55 per sqft
1 Sep 2019RentedNew contract
AED 150,404/yr12 months · AED 55 per sqft
18 May 2018RentedRenewal
AED 175,000/yr12 months · AED 64 per sqft
18 May 2017RentedRenewal
AED 185,000/yr12 months · AED 67 per sqft
19 May 2016RentedRenewal
AED 185,515/yr12 months · AED 68 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 May 2023.

Key facts

Type
3-bed villa
Size
2,748 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,900 /yr
Last sold
AED 3.9M · May 2023
Community
The Springs 5

About S02/TH58, The Springs 5

S02/TH58 is a three-bedroom villa of 2,748 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. It last sold on 9 May 2023 for AED 3,900,000, or AED 1,419 per sqft, 21% above the AED 1,173 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 31 August 2022, is AED 148,352 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 5,900 a year.

Sales and rents for S02/TH58 over time

Sales
Villa S02/TH58, 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, December 2007: AED 1,167,500 (AED 424 per sqft)Sold, November 2009: AED 2,350,000 (AED 855 per sqft)Sold, May 2023: AED 3,900,000 (AED 1,419 per sqft)

S02/TH58 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH58, 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, February 2013: AED 175,000 a yearNew contract, May 2014: AED 185,000 a yearRenewal, May 2016: AED 185,515 a yearRenewal, May 2017: AED 185,000 a yearRenewal, May 2018: AED 175,000 a yearNew contract, September 2019: AED 150,404 a yearRenewal, August 2020: AED 150,000 a yearRenewal, August 2021: AED 150,000 a yearRenewal, August 2022: AED 148,352 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/TH58 sits

All 171 3-beds →

S02/TH58 last sold in May 2023 at AED 1,419 per sqft, 21% above what three-beds in The Springs 5 were fetching at the time (AED 1,173). 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/TH58's AED 148,352 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/TH58, The Springs 5 in numbers

  • Sold 3 times: first on 17 December 2007 for AED 1,167,500, last on 9 May 2023 for AED 3,900,000 (AED 1,419 per sqft).
  • Rented since February 2013 on 9 Ejari contracts, from AED 175,000 to AED 148,352 a year.
  • At AED 148,352 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 5,900 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 9 May 2023.

Questions about S02/TH58, The Springs 5

What did villa S02/TH58 last sell for?

AED 3,900,000 on 9 May 2023: AED 1,419 per sqft for 2,748 sqft. The villa has 3 registered sales; the first was AED 1,167,500 in December 2007.

What is the rent for villa S02/TH58?

AED 148,352 a year on the contract renewed on 31 August 2022. The previous contract, from August 2021, was AED 150,000; the villa has been rented since February 2013.

How big is villa S02/TH58?

2,748 sqft (255.3 sqm): a three-bedroom villa in The Springs 5, completed in 2004.

What is villa S02/TH58 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/TH58, The Springs 5

Starts from the last sale price (AED 3.9M, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

Plus AED 168,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →