2-bed · 1,647 sqftThe Springs 5, The Springs · completed 2004

S06/TH02, The Springs 5

Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH02 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 1M20 March 2011
Current rentAED 115K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH02, The Springs 5

What is S06/TH02 worth today?

Last sold for AED 1,000,000 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Sep 2024RentedRenewal
AED 115,000/yr12 months · AED 70 per sqft
20 Sep 2022RentedRenewal
AED 93,500/yr12 months · AED 57 per sqft
20 Sep 2021RentedRenewal
AED 93,500/yr12 months · AED 57 per sqft
20 Sep 2020RentedRenewal
AED 75,000/yr12 months · AED 46 per sqft
20 Sep 2019RentedRenewal
AED 92,000/yr12 months · AED 56 per sqft
1 Aug 2017RentedNew contract
AED 105,000/yr12 months · AED 64 per sqft
5 Oct 2014RentedNew contract
AED 96,600/yr12 months · AED 59 per sqft
5 Oct 2013RentedNew contract
AED 84,000/yr12 months · AED 51 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2024.

Key facts

Type
2-bed villa
Size
1,647 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1M · March 2011
Community
The Springs 5

About S06/TH02, The Springs 5

S06/TH02 is a two-bedroom villa of 1,647 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. It last sold on 20 March 2011 for AED 1,000,000, or AED 607 per sqft, 34% above the AED 453 two-beds in the community were fetching at the time.

It has been rented continuously since 2011 on 9 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 115,000 a year: a gross yield of 11.5% on the 2011 price, before the service charge of about AED 3,500 a year.

Sales and rents for S06/TH02 over time

Sales
Villa S06/TH02, each saleTypical two-bed in The Springs 5
02M2007201220172022Typical 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, October 2007: AED 231,444 (AED 140 per sqft)Sold, March 2011: AED 1,000,000 (AED 607 per sqft)

S06/TH02 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S06/TH02, each contractTypical two-bed in The Springs 5
100K150K20112015201920232027Typical 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 2011: AED 80,000 a yearNew contract, October 2013: AED 84,000 a yearNew contract, October 2014: AED 96,600 a yearNew contract, August 2017: AED 105,000 a yearRenewal, September 2019: AED 92,000 a yearRenewal, September 2020: AED 75,000 a yearRenewal, September 2021: AED 93,500 a yearRenewal, September 2022: AED 93,500 a yearRenewal, September 2024: AED 115,000 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 S06/TH02 sits

All 98 2-beds →

S06/TH02 last sold in March 2011 at AED 607 per sqft, 34% above what two-beds in The Springs 5 were fetching at the time (AED 453). 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. S06/TH02's AED 115,000 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 →

S06/TH02, The Springs 5 in numbers

  • Sold twice: first on 30 October 2007 for AED 231,444, last on 20 March 2011 for AED 1,000,000 (AED 607 per sqft).
  • Rented since October 2011 on 9 Ejari contracts, from AED 80,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2011 price is 11.5%, 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 20 September 2024.

Questions about S06/TH02, The Springs 5

What did villa S06/TH02 last sell for?

AED 1,000,000 on 20 March 2011: AED 607 per sqft for 1,647 sqft. The villa has 2 registered sales; the first was AED 231,444 in October 2007.

What is the rent for villa S06/TH02?

AED 115,000 a year on the contract renewed on 20 September 2024. The previous contract, from September 2022, was AED 93,500; the villa has been rented since October 2011.

How big is villa S06/TH02?

1,647 sqft (153.0 sqm): a two-bedroom villa in The Springs 5, completed in 2004.

What is villa S06/TH02 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.

Selling S06/TH02? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S06/TH02, The Springs 5

Starts from the last sale price (AED 1M, 20 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →