2-bed · 1,645 sqftThe Springs 5, The Springs · completed 2004

S05/TH15, The Springs 5

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH15 · DLD and Ejari recordsUpdated 2 March 2023
Last soldAED 1.88M2 March 2023
Current rentAED 91K /yr16 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH15, The Springs 5

What is S05/TH15 worth today?

Last sold for AED 1,875,000 in 2023

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2 Mar 2023SoldReady
AED 1,875,000AED 1,140 per sqft
16 Aug 2022RentedRenewal
AED 91,300/yr12 months · AED 56 per sqft
1 Aug 2021RentedRenewal
AED 83,000/yr12 months · AED 50 per sqft
1 Aug 2018RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
23 Jul 2017RentedRenewal
AED 112,000/yr12 months · AED 68 per sqft
23 Jul 2016RentedNew contract
AED 122,000/yr12 months · AED 74 per sqft
23 Jul 2015RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
15 Jun 2014RentedNew contract
AED 115,500/yr12 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 March 2023.

Key facts

Type
2-bed villa
Size
1,645 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1.88M · March 2023
Community
The Springs 5

About S05/TH15, The Springs 5

S05/TH15 is a two-bedroom villa of 1,645 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. It last sold on 2 March 2023 for AED 1,875,000, or AED 1,140 per sqft, 10% above the AED 1,038 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 16 August 2022, is AED 91,300 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 3,500 a year.

Sales and rents for S05/TH15 over time

Sales
Villa S05/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, June 2009: AED 492,888 (AED 299 per sqft)Sold, March 2023: AED 1,875,000 (AED 1,140 per sqft)

S05/TH15 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S05/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, May 2012: AED 86,000 a yearNew contract, June 2013: AED 110,000 a yearNew contract, June 2014: AED 115,500 a yearNew contract, July 2015: AED 120,000 a yearNew contract, July 2016: AED 122,000 a yearRenewal, July 2017: AED 112,000 a yearNew contract, August 2018: AED 100,000 a yearRenewal, August 2021: AED 83,000 a yearRenewal, August 2022: AED 91,300 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 S05/TH15 sits

All 98 2-beds →

S05/TH15 last sold in March 2023 at AED 1,140 per sqft, 10% above what two-beds in The Springs 5 were fetching at the time (AED 1,038). 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. S05/TH15's AED 91,300 is at the bottom 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 →

S05/TH15, The Springs 5 in numbers

  • Sold twice: first on 24 June 2009 for AED 492,888, last on 2 March 2023 for AED 1,875,000 (AED 1,140 per sqft).
  • Rented since May 2012 on 9 Ejari contracts, from AED 86,000 to AED 91,300 a year.
  • At AED 91,300 a year the gross yield on the 2023 price is 4.9%, 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 2 March 2023.

Questions about S05/TH15, The Springs 5

What did villa S05/TH15 last sell for?

AED 1,875,000 on 2 March 2023: AED 1,140 per sqft for 1,645 sqft. The villa has 2 registered sales; the first was AED 492,888 in June 2009.

What is the rent for villa S05/TH15?

AED 91,300 a year on the contract renewed on 16 August 2022. The previous contract, from August 2021, was AED 83,000; the villa has been rented since May 2012.

How big is villa S05/TH15?

1,645 sqft (152.8 sqm): a two-bedroom villa in The Springs 5, completed in 2004.

What is villa S05/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 S05/TH15, The Springs 5

Starts from the last sale price (AED 1.88M, 2 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,875,000
Deposit, UAE resident (20%)
AED 375,000
Deposit, non-resident (40%)
AED 750,000
Monthly over 25 years at 3.7%
AED 7,671

Plus AED 83,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →