3-bed · 2,747 sqftThe Springs 5, The Springs · completed 2004

S02/TH60, The Springs 5

Sold prices and rental history: sold 4 times, last in May 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH60 · DLD and Ejari recordsUpdated 12 May 2022
Last soldAED 3.55M12 May 2022
Current rentAED 180K /yr20 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH60, The Springs 5

What is S02/TH60 worth today?

Last sold for AED 3,550,000 in 2022

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12 May 2022SoldReady
AED 3,550,000AED 1,292 per sqft
20 Mar 2021RentedRenewal
AED 180,000/yr12 months · AED 66 per sqft
14 Apr 2016SoldReady
AED 3,000,000AED 1,092 per sqft
18 Jan 2015RentedNew contract
AED 200,000/yr9 months · AED 73 per sqft
18 Jan 2014RentedNew contract
AED 200,000/yr12 months · AED 73 per sqft
9 Jan 2012SoldReady
AED 2,075,000AED 755 per sqft
5 Jul 2007Sold by developerReady
AED 2,050,000AED 746 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 May 2022.

Key facts

Type
3-bed villa
Size
2,747 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,900 /yr
Last sold
AED 3.55M · May 2022
Community
The Springs 5

About S02/TH60, The Springs 5

S02/TH60 is a three-bedroom villa of 2,747 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. It last sold on 12 May 2022 for AED 3,550,000, or AED 1,292 per sqft, 12% above the AED 1,150 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 20 March 2021, is AED 180,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 5,900 a year.

Sales and rents for S02/TH60 over time

Sales
Villa S02/TH60, 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, July 2007: AED 2,050,000 (AED 746 per sqft)Sold, January 2012: AED 2,075,000 (AED 755 per sqft)Sold, April 2016: AED 3,000,000 (AED 1,092 per sqft)Sold, May 2022: AED 3,550,000 (AED 1,292 per sqft)

S02/TH60 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH60, 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, January 2014: AED 200,000 a yearNew contract, January 2015: AED 200,000 a yearRenewal, March 2021: AED 180,000 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/TH60 sits

All 171 3-beds →

S02/TH60 last sold in May 2022 at AED 1,292 per sqft, 12% above what three-beds in The Springs 5 were fetching at the time (AED 1,150). 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/TH60's AED 180,000 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/TH60, The Springs 5 in numbers

  • Sold 4 times: first on 5 July 2007 for AED 2,050,000, last on 12 May 2022 for AED 3,550,000 (AED 1,292 per sqft).
  • Rented since January 2014 on 3 Ejari contracts, from AED 200,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2022 price is 5.1%, 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 12 May 2022.

Questions about S02/TH60, The Springs 5

What did villa S02/TH60 last sell for?

AED 3,550,000 on 12 May 2022: AED 1,292 per sqft for 2,747 sqft. The villa has 4 registered sales; the first was AED 2,050,000 in July 2007.

What is the rent for villa S02/TH60?

AED 180,000 a year on the contract renewed on 20 March 2021. The previous contract, from January 2015, was AED 200,000; the villa has been rented since January 2014.

How big is villa S02/TH60?

2,747 sqft (255.2 sqm): a three-bedroom villa in The Springs 5, completed in 2004.

What is villa S02/TH60 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/TH60, The Springs 5

Starts from the last sale price (AED 3.55M, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

Plus AED 154,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →