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2-bed · 1,649 sqftThe Springs 5, The Springs · completed 2004

S04/TH23, The Springs 5

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH23 · DLD and Ejari recordsUpdated 21 January 2025
Last soldAED 2.55M13 September 2024
Current rentAED 160K /yr21 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH23, The Springs 5

What is S04/TH23 worth today?

Last sold for AED 2,550,000 in 2024

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21 Jan 2025RentedNew contract
AED 160,000/yr12 months · AED 97 per sqft
13 Sep 2024SoldReady
AED 2,550,000AED 1,546 per sqft
2 Dec 2023RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
16 Mar 2023SoldReady
AED 1,780,000AED 1,079 per sqft
3 Dec 2022RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
22 Sep 2022SoldReady
AED 1,550,000AED 939 per sqft
25 Sep 2017Sold by developerReady
AED 1,575,000AED 955 per sqft
25 Feb 2016RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 January 2025.

Key facts

Type
2-bed villa
Size
1,649 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 2.55M · September 2024
Community
The Springs 5

About S04/TH23, The Springs 5

S04/TH23 is a two-bedroom villa of 1,649 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. It last sold on 13 September 2024 for AED 2,550,000, or AED 1,546 per sqft, in line with the AED 1,578 two-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 21 January 2025, is AED 160,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 3,500 a year.

Sales and rents for S04/TH23 over time

Sales
Villa S04/TH23, 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, September 2017: AED 1,575,000 (AED 955 per sqft)Sold, September 2022: AED 1,550,000 (AED 939 per sqft)Sold, March 2023: AED 1,780,000 (AED 1,079 per sqft)Sold, September 2024: AED 2,550,000 (AED 1,546 per sqft)

S04/TH23 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH23, 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, February 2016: AED 120,000 a yearNew contract, December 2022: AED 120,000 a yearNew contract, December 2023: AED 120,000 a yearNew contract, January 2025: AED 160,000 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 S04/TH23 sits

All 98 2-beds →

S04/TH23 last sold in September 2024 at AED 1,546 per sqft, in line with 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. S04/TH23's AED 160,000 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 →

S04/TH23, The Springs 5 in numbers

  • Sold 4 times: first on 25 September 2017 for AED 1,575,000, last on 13 September 2024 for AED 2,550,000 (AED 1,546 per sqft).
  • Rented since February 2016 on 4 Ejari contracts, from AED 120,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 6.3%, 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 21 January 2025.

Questions about S04/TH23, The Springs 5

What did villa S04/TH23 last sell for?

AED 2,550,000 on 13 September 2024: AED 1,546 per sqft for 1,649 sqft. The villa has 4 registered sales; the first was AED 1,575,000 in September 2017.

What is the rent for villa S04/TH23?

AED 160,000 a year on the contract signed on 21 January 2025. The previous contract, from December 2023, was AED 120,000; the villa has been rented since February 2016.

How big is villa S04/TH23?

1,649 sqft (153.2 sqm): a two-bedroom villa in The Springs 5, completed in 2004.

What is villa S04/TH23 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 S04/TH23, The Springs 5

Starts from the last sale price (AED 2.55M, 13 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →