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2-bed · 1,650 sqftThe Springs 5, The Springs · completed 2004

S03/TH15, The Springs 5

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH15 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 2.8M12 July 2024
Current rentAED 114K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH15, The Springs 5

What is S03/TH15 worth today?

Last sold for AED 2,800,000 in 2024

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15 Jul 2024RentedNew contract
AED 113,850/yr12 months · AED 69 per sqft
12 Jul 2024SoldReady
AED 2,800,000AED 1,697 per sqft
15 Jul 2023RentedRenewal
AED 99,000/yr12 months · AED 60 per sqft
15 Jul 2022RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
15 Jul 2021RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
15 Jul 2020RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
27 Mar 2019RentedNew contract
AED 105,000/yr12 months · AED 64 per sqft
8 Jul 2018RentedNew contract
AED 115,000/yr12 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.

Key facts

Type
2-bed villa
Size
1,650 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 2.8M · July 2024
Community
The Springs 5

About S03/TH15, The Springs 5

S03/TH15 is a two-bedroom villa of 1,650 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. It last sold on 12 July 2024 for AED 2,800,000, or AED 1,697 per sqft, 8% above the AED 1,578 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 July 2024, is AED 113,850 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 3,500 a year.

Sales and rents for S03/TH15 over time

Sales
Villa S03/TH15, each saleTypical two-bed in The Springs 5
2M2007201220172022Typical sale price by year: 2007 AED 490,000; 2008 AED 885,500; 2009 AED 1,300,000; 2010 AED 620,000; 2011 AED 1,215,000; 2012 AED 1,332,500; 2013 AED 1,937,500; 2014 AED 900,001; 2015 AED 1,875,000; 2016 AED 1,800,000; 2017 AED 1,580,000; 2018 AED 1,350,000; 2019 AED 1,200,000; 2020 AED 1,215,000; 2021 AED 1,579,000; 2022 AED 1,737,500; 2023 AED 2,150,000; 2024 AED 2,650,000; 2025 AED 3,050,000Sold by developer, March 2014: AED 818,155 (AED 495 per sqft)Sold, May 2018: AED 1,350,000 (AED 818 per sqft)Sold, July 2024: AED 2,800,000 (AED 1,697 per sqft)

S03/TH15 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH15, each contractTypical two-bed in The Springs 5
100K150K2012201620202024Typical rent by year: 2012 AED 86,000; 2013 AED 97,366; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 115,500; 2018 AED 105,000; 2019 AED 92,250; 2020 AED 80,000; 2021 AED 85,000; 2022 AED 92,950; 2023 AED 120,000; 2024 AED 128,750; 2025 AED 145,000; 2026 AED 140,000New contract, November 2013: AED 100,000 a yearNew contract, November 2014: AED 110,000 a yearNew contract, January 2016: AED 115,500 a yearNew contract, July 2018: AED 115,000 a yearNew contract, March 2019: AED 105,000 a yearNew contract, July 2020: AED 90,000 a yearNew contract, July 2021: AED 90,000 a yearRenewal, July 2022: AED 90,000 a yearRenewal, July 2023: AED 99,000 a yearNew contract, July 2024: AED 113,850 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in The Springs 5, and where S03/TH15 sits

All 98 2-beds →

S03/TH15 last sold in July 2024 at AED 1,697 per sqft, 8% above what two-beds in The Springs 5 were fetching at the time (AED 1,578). Over the last 12 months two-beds sold for AED 2,950,000 to 3,150,000, around AED 1,801 per sqft, and rent for AED 105,000 to 220,000 a year. S03/TH15's AED 113,850 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
30 Jan 20263,150,000
12 Jan 20262,950,000
11 Dec 20252,950,000
28 Oct 20253,300,000
3 2-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 →

S03/TH15, The Springs 5 in numbers

  • Sold 3 times: first on 11 March 2014 for AED 818,155, last on 12 July 2024 for AED 2,800,000 (AED 1,697 per sqft).
  • Rented since November 2013 on 10 Ejari contracts, from AED 100,000 to AED 113,850 a year.
  • At AED 113,850 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 3,500 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 5 sold for AED 2,950,000–3,150,000 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 15 July 2024.

Questions about S03/TH15, The Springs 5

What did villa S03/TH15 last sell for?

AED 2,800,000 on 12 July 2024: AED 1,697 per sqft for 1,650 sqft. The villa has 3 registered sales; the first was AED 818,155 in March 2014.

What is the rent for villa S03/TH15?

AED 113,850 a year on the contract signed on 15 July 2024. The previous contract, from July 2023, was AED 99,000; the villa has been rented since November 2013.

How big is villa S03/TH15?

1,650 sqft (153.3 sqm): a two-bedroom villa in The Springs 5, completed in 2004.

What is villa S03/TH15 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 5 sold for AED 2,950,000 to 3,150,000 in the last 12 months, around AED 1,801 per sqft.

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Mortgage on S03/TH15, The Springs 5

Starts from the last sale price (AED 2.8M, 12 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →