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2-bed · 1,763 sqftThe Springs 5, The Springs · completed 2004

S03/TH17, The Springs 5

Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH17 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 512K22 April 2008
Current rentAED 114K /yr5 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH17, The Springs 5

What is S03/TH17 worth today?

Last sold for AED 511,888 in 2008

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5 Apr 2024RentedRenewal
AED 114,000/yr12 months · AED 65 per sqft
5 Apr 2022RentedRenewal
AED 83,500/yr12 months · AED 47 per sqft
5 Apr 2021RentedRenewal
AED 75,000/yr12 months · AED 43 per sqft
5 Apr 2020RentedRenewal
AED 85,000/yr12 months · AED 48 per sqft
15 Dec 2018RentedNew contract
AED 100,000/yr12 months · AED 57 per sqft
26 Jul 2016RentedNew contract
AED 124,665/yr12 months · AED 71 per sqft
26 Jul 2015RentedNew contract
AED 126,660/yr12 months · AED 72 per sqft
26 Aug 2014RentedNew contract
AED 134,239/yr11 months · AED 76 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 April 2024.

Key facts

Type
2-bed villa
Size
1,763 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 512K · April 2008
Community
The Springs 5

About S03/TH17, The Springs 5

S03/TH17 is a two-bedroom villa of 1,763 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 22 April 2008 for AED 511,888, or AED 290 per sqft, in line with the AED 295 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 5 April 2024, is AED 114,000 a year: a gross yield of 22.3% on the 2008 price, before the service charge of about AED 3,800 a year.

Sales and rents for S03/TH17 over time

Sales
Villa S03/TH17, 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, April 2008: AED 511,888 (AED 290 per sqft)

S03/TH17 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH17, 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, August 2012: AED 80,000 a yearNew contract, August 2013: AED 99,732 a yearNew contract, August 2014: AED 134,239 a yearNew contract, July 2015: AED 126,660 a yearNew contract, July 2016: AED 124,665 a yearNew contract, December 2018: AED 100,000 a yearRenewal, April 2020: AED 85,000 a yearRenewal, April 2021: AED 75,000 a yearRenewal, April 2022: AED 83,500 a yearRenewal, April 2024: AED 114,000 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/TH17 sits

All 98 2-beds →

S03/TH17 last sold in April 2008 at AED 290 per sqft, in line with what two-beds in The Springs 5 were fetching at the time (AED 295). 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/TH17's AED 114,000 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/TH17, The Springs 5 in numbers

  • Sold once: by Emaar on 22 April 2008 for AED 511,888, or AED 290 per sqft.
  • Rented since August 2012 on 10 Ejari contracts, from AED 80,000 to AED 114,000 a year.
  • At AED 114,000 a year the gross yield on the 2008 price is 22.3%, 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 5 April 2024.

Questions about S03/TH17, The Springs 5

What did villa S03/TH17 last sell for?

AED 511,888 on 22 April 2008, sold by the developer: AED 290 per sqft for 1,763 sqft. It is the only registered sale of the villa.

What is the rent for villa S03/TH17?

AED 114,000 a year on the contract renewed on 5 April 2024. The previous contract, from April 2022, was AED 83,500; the villa has been rented since August 2012.

How big is villa S03/TH17?

1,763 sqft (163.8 sqm): a two-bedroom villa in The Springs 5, completed in 2004.

What is villa S03/TH17 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/TH17, The Springs 5

Starts from the last sale price (AED 512K, 22 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 511,888
Deposit, UAE resident (20%)
AED 102,378
Deposit, non-resident (40%)
AED 204,755
Monthly over 25 years at 3.7%
AED 2,094

Plus AED 26,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →