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

S04/TH24, The Springs 5

Sold prices and rental history: sold 5 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH24 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 2.9M7 October 2024
Current rentAED 158K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH24, The Springs 5

What is S04/TH24 worth today?

Last sold for AED 2,900,000 in 2024

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7 Oct 2024SoldReady
AED 2,900,000AED 1,634 per sqft
15 Mar 2023RentedNew contract
AED 157,500/yr12 months · AED 89 per sqft
27 Feb 2023SoldReady
AED 1,800,000AED 1,014 per sqft
10 Dec 2021RentedNew contract
AED 95,000/yr12 months · AED 54 per sqft
15 Oct 2020RentedNew contract
AED 83,000/yr12 months · AED 47 per sqft
17 Jul 2018SoldReady
AED 1,625,000AED 916 per sqft
28 Jan 2018SoldReady
AED 1,535,000AED 865 per sqft
6 May 2016RentedRenewal
AED 125,000/yr12 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2024.

Key facts

Type
2-bed villa
Size
1,774 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2.9M · October 2024
Community
The Springs 5

About S04/TH24, The Springs 5

S04/TH24 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 7 October 2024 for AED 2,900,000, or AED 1,634 per sqft, 4% above the AED 1,578 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 March 2023, is AED 157,500 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 3,800 a year.

Sales and rents for S04/TH24 over time

Sales
Villa S04/TH24, 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, August 2008: AED 505,888 (AED 285 per sqft)Sold, January 2018: AED 1,535,000 (AED 865 per sqft)Sold, July 2018: AED 1,625,000 (AED 916 per sqft)Sold, February 2023: AED 1,800,000 (AED 1,014 per sqft)Sold, October 2024: AED 2,900,000 (AED 1,634 per sqft)

S04/TH24 has sold 5 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH24, 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, October 2013: AED 100,000 a yearRenewal, October 2014: AED 110,000 a yearNew contract, May 2015: AED 125,000 a yearRenewal, May 2016: AED 125,000 a yearNew contract, October 2020: AED 83,000 a yearNew contract, December 2021: AED 95,000 a yearNew contract, March 2023: AED 157,500 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/TH24 sits

All 98 2-beds →

S04/TH24 last sold in October 2024 at AED 1,634 per sqft, 4% 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. S04/TH24's AED 157,500 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/TH24, The Springs 5 in numbers

  • Sold 5 times: first on 14 August 2008 for AED 505,888, last on 7 October 2024 for AED 2,900,000 (AED 1,634 per sqft).
  • Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 83,000 in 2020 and recovered to AED 157,500 by March 2023.
  • At AED 157,500 a year the gross yield on the 2024 price is 5.4%, 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 7 October 2024.

Questions about S04/TH24, The Springs 5

What did villa S04/TH24 last sell for?

AED 2,900,000 on 7 October 2024: AED 1,634 per sqft for 1,774 sqft. The villa has 5 registered sales; the first was AED 505,888 in August 2008.

What is the rent for villa S04/TH24?

AED 157,500 a year on the contract signed on 15 March 2023. The previous contract, from December 2021, was AED 95,000; the villa has been rented since October 2013.

How big is villa S04/TH24?

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

What is villa S04/TH24 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/TH24, The Springs 5

Starts from the last sale price (AED 2.9M, 7 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →