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2-bed · 1,774 sqftThe Springs 5, The Springs · completed 2004

S03/TH16, The Springs 5

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

Villa S03/TH16 · DLD and Ejari recordsUpdated 26 September 2023
Last soldAED 1.95M26 December 2022
Current rentAED 140K /yr26 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH16, The Springs 5

What is S03/TH16 worth today?

Last sold for AED 1,950,000 in 2022

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26 Sep 2023RentedRenewal
AED 139,605/yr6 months · AED 79 per sqft
26 Dec 2022SoldReady
AED 1,950,000AED 1,099 per sqft
26 Sep 2022RentedNew contract
AED 115,000/yr12 months · AED 65 per sqft
18 Sep 2021RentedNew contract
AED 94,000/yr12 months · AED 53 per sqft
5 Jul 2020RentedNew contract
AED 80,000/yr12 months · AED 45 per sqft
10 May 2019RentedRenewal
AED 97,500/yr12 months · AED 55 per sqft
10 May 2018RentedNew contract
AED 105,000/yr12 months · AED 59 per sqft
25 Jan 2016RentedRenewal
AED 140,000/yr12 months · AED 79 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 September 2023.

Key facts

Type
2-bed villa
Size
1,774 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 1.95M · December 2022
Community
The Springs 5

About S03/TH16, The Springs 5

S03/TH16 is a two-bedroom villa of 1,774 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. It last sold on 26 December 2022 for AED 1,950,000, or AED 1,099 per sqft, 6% above the AED 1,041 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 26 September 2023, is AED 139,605 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 3,800 a year.

Sales and rents for S03/TH16 over time

Sales
Villa S03/TH16, 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, April 2008: AED 2,000,000 (AED 1,127 per sqft)Sold by developer, April 2008: AED 536,888 (AED 302 per sqft)Sold, November 2013: AED 2,200,000 (AED 1,240 per sqft)Sold, December 2022: AED 1,950,000 (AED 1,099 per sqft)

S03/TH16 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH16, 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, January 2014: AED 140,000 a yearRenewal, January 2016: AED 140,000 a yearNew contract, May 2018: AED 105,000 a yearRenewal, May 2019: AED 97,500 a yearNew contract, July 2020: AED 80,000 a yearNew contract, September 2021: AED 94,000 a yearNew contract, September 2022: AED 115,000 a yearRenewal, September 2023: AED 139,605 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/TH16 sits

All 98 2-beds →

S03/TH16 last sold in December 2022 at AED 1,099 per sqft, 6% above what two-beds in The Springs 5 were fetching at the time (AED 1,041). 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/TH16's AED 139,605 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/TH16, The Springs 5 in numbers

  • Sold 4 times: first on 6 April 2008 for AED 536,888, last on 26 December 2022 for AED 1,950,000 (AED 1,099 per sqft).
  • Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 80,000 in 2020 and recovered to AED 139,605 by September 2023.
  • At AED 139,605 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 3,800 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 26 September 2023.

Questions about S03/TH16, The Springs 5

What did villa S03/TH16 last sell for?

AED 1,950,000 on 26 December 2022: AED 1,099 per sqft for 1,774 sqft. The villa has 4 registered sales; the first was AED 536,888 in April 2008.

What is the rent for villa S03/TH16?

AED 139,605 a year on the contract renewed on 26 September 2023. The previous contract, from September 2022, was AED 115,000; the villa has been rented since January 2014.

How big is villa S03/TH16?

1,774 sqft (164.8 sqm): a two-bedroom villa in The Springs 5, completed in 2004.

What is villa S03/TH16 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/TH16, The Springs 5

Starts from the last sale price (AED 1.95M, 26 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →