3-bed · 2,535 sqftThe Springs 5, The Springs · completed 2004

S02/TH65, The Springs 5

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH65 · DLD and Ejari recordsUpdated 1 July 2020
Last soldAED 896K9 November 2008
Current rentAED 145K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH65, The Springs 5

What is S02/TH65 worth today?

Last sold for AED 895,888 in 2008

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1 Jul 2020RentedRenewal
AED 145,000/yr13 months · AED 57 per sqft
1 Jul 2019RentedNew contract
AED 145,000/yr12 months · AED 57 per sqft
15 Jun 2018RentedNew contract
AED 145,000/yr12 months · AED 57 per sqft
10 Apr 2017RentedRenewal
AED 180,000/yr12 months · AED 71 per sqft
10 Apr 2016RentedNew contract
AED 180,000/yr12 months · AED 71 per sqft
1 Jul 2015RentedNew contract
AED 185,000/yr12 months · AED 73 per sqft
12 Oct 2014RentedNew contract
AED 165,000/yr12 months · AED 65 per sqft
12 Oct 2013RentedNew contract
AED 165,000/yr12 months · AED 65 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2020.

Key facts

Type
3-bed villa
Size
2,535 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,400 /yr
Last sold
AED 896K · November 2008
Community
The Springs 5

About S02/TH65, The Springs 5

S02/TH65 is a three-bedroom villa of 2,535 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 9 November 2008 for AED 895,888, or AED 353 per sqft, 31% below the AED 513 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 July 2020, is AED 145,000 a year: a gross yield of 16.2% on the 2008 price, before the service charge of about AED 5,400 a year.

Sales and rents for S02/TH65 over time

Sales
Villa S02/TH65, 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, November 2008: AED 895,888 (AED 353 per sqft)

S02/TH65 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH65, 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, October 2013: AED 165,000 a yearNew contract, October 2014: AED 165,000 a yearNew contract, July 2015: AED 185,000 a yearNew contract, April 2016: AED 180,000 a yearRenewal, April 2017: AED 180,000 a yearNew contract, June 2018: AED 145,000 a yearNew contract, July 2019: AED 145,000 a yearRenewal, July 2020: AED 145,000 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/TH65 sits

All 171 3-beds →

S02/TH65 last sold in November 2008 at AED 353 per sqft, 31% below what three-beds in The Springs 5 were fetching at the time (AED 513). 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/TH65's AED 145,000 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/TH65, The Springs 5 in numbers

  • Sold once: by Emaar on 9 November 2008 for AED 895,888, or AED 353 per sqft.
  • Rented since October 2013 on 8 Ejari contracts, from AED 165,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2008 price is 16.2%, before a service charge of about AED 5,400 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 July 2020.

Questions about S02/TH65, The Springs 5

What did villa S02/TH65 last sell for?

AED 895,888 on 9 November 2008, sold by the developer: AED 353 per sqft for 2,535 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH65?

AED 145,000 a year on the contract renewed on 1 July 2020. The previous contract, from July 2019, was AED 145,000; the villa has been rented since October 2013.

How big is villa S02/TH65?

2,535 sqft (235.5 sqm): a three-bedroom villa in The Springs 5, completed in 2004.

What is villa S02/TH65 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/TH65, The Springs 5

Starts from the last sale price (AED 896K, 9 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 895,888
Deposit, UAE resident (20%)
AED 179,178
Deposit, non-resident (40%)
AED 358,355
Monthly over 25 years at 3.7%
AED 3,665

Plus AED 42,638 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →