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2-bed · 1,773 sqftThe Springs 5, The Springs · completed 2004

S06/TH24, The Springs 5

Sold prices and rental history: sold twice, last in April 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH24 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 495K26 April 2018
Current rentAED 165K /yr3 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH24, The Springs 5

What is S06/TH24 worth today?

Last sold for AED 495,000 in 2018

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3 Oct 2024RentedRenewal
AED 165,000/yr12 months · AED 93 per sqft
3 Oct 2023RentedRenewal
AED 165,000/yr12 months · AED 93 per sqft
3 Oct 2022RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
10 Aug 2021RentedRenewal
AED 77,000/yr12 months · AED 43 per sqft
10 Aug 2020RentedNew contract
AED 77,000/yr12 months · AED 43 per sqft
25 Apr 2019RentedRenewal
AED 95,000/yr12 months · AED 54 per sqft
26 Apr 2018SoldReady
AED 495,000AED 279 per sqft
25 Apr 2018RentedNew contract
AED 105,000/yr12 months · AED 59 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 October 2024.

Key facts

Type
2-bed villa
Size
1,773 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 495K · April 2018
Community
The Springs 5

About S06/TH24, The Springs 5

S06/TH24 is a two-bedroom villa of 1,773 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. It last sold on 26 April 2018 for AED 495,000, or AED 279 per sqft, 69% below the AED 903 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 3 October 2024, is AED 165,000 a year: a gross yield of 33.3% on the 2018 price, before the service charge of about AED 3,800 a year.

Sales and rents for S06/TH24 over time

Sales
Villa S06/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, April 2008: AED 1,500,000 (AED 846 per sqft)Sold, April 2018: AED 495,000 (AED 279 per sqft)

S06/TH24 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S06/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, July 2014: AED 145,000 a yearNew contract, July 2016: AED 135,000 a yearNew contract, July 2017: AED 126,000 a yearNew contract, April 2018: AED 105,000 a yearRenewal, April 2019: AED 95,000 a yearNew contract, August 2020: AED 77,000 a yearRenewal, August 2021: AED 77,000 a yearNew contract, October 2022: AED 150,000 a yearRenewal, October 2023: AED 165,000 a yearRenewal, October 2024: AED 165,000 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/TH24 sits

All 98 2-beds →

S06/TH24 last sold in April 2018 at AED 279 per sqft, 69% below what two-beds in The Springs 5 were fetching at the time (AED 903). 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/TH24's AED 165,000 is in the upper 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/TH24, The Springs 5 in numbers

  • Sold twice: first on 14 April 2008 for AED 1,500,000, last on 26 April 2018 for AED 495,000 (AED 279 per sqft).
  • Rented since July 2014 on 10 Ejari contracts. The rent fell from AED 145,000 to AED 77,000 in 2021 and recovered to AED 165,000 by October 2024.
  • At AED 165,000 a year the gross yield on the 2018 price is 33.3%, 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 3 October 2024.

Questions about S06/TH24, The Springs 5

What did villa S06/TH24 last sell for?

AED 495,000 on 26 April 2018: AED 279 per sqft for 1,773 sqft. The villa has 2 registered sales; the first was AED 1,500,000 in April 2008.

What is the rent for villa S06/TH24?

AED 165,000 a year on the contract renewed on 3 October 2024. The previous contract, from October 2023, was AED 165,000; the villa has been rented since July 2014.

How big is villa S06/TH24?

1,773 sqft (164.7 sqm): a two-bedroom villa in The Springs 5, completed in 2004.

What is villa S06/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 S06/TH24, The Springs 5

Starts from the last sale price (AED 495K, 26 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

Plus AED 23,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →