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3-bed · 2,962 sqftThe Springs 5, The Springs · completed 2004

S08/TH01, The Springs 5

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH01 · DLD and Ejari recordsUpdated 19 July 2023
Last soldAED 4.53M19 July 2023
Current rentAED 180K /yr28 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH01, The Springs 5

What is S08/TH01 worth today?

Last sold for AED 4,525,000 in 2023

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19 Jul 2023SoldReady
AED 4,525,000AED 1,527 per sqft
28 Oct 2022RentedRenewal
AED 180,000/yr12 months · AED 61 per sqft
28 Oct 2022RentedNew contract
AED 180,000/yr12 months · AED 61 per sqft
28 Oct 2021RentedNew contract
AED 180,000/yr12 months · AED 61 per sqft
27 Jan 2021SoldReady
AED 2,610,000AED 881 per sqft
26 Aug 2020RentedRenewal
AED 145,000/yr12 months · AED 49 per sqft
26 Aug 2019RentedRenewal
AED 153,000/yr12 months · AED 52 per sqft
26 Apr 2018RentedRenewal
AED 195,000/yr3 months · AED 66 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 July 2023.

Key facts

Type
3-bed villa
Size
2,962 sqft
Developer
Emaar
Completed
2004
Service charge
AED 6,300 /yr
Last sold
AED 4.53M · July 2023
Community
The Springs 5

About S08/TH01, The Springs 5

S08/TH01 is a three-bedroom villa of 2,962 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. It last sold on 19 July 2023 for AED 4,525,000, or AED 1,527 per sqft, 13% above the AED 1,346 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 28 October 2022, is AED 180,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 6,300 a year.

Sales and rents for S08/TH01 over time

Sales
Villa S08/TH01, each saleTypical three-bed in The Springs 5
02.5M5M2007201220172022Typical sale price by year: 2007 AED 823,888; 2008 AED 1,650,000; 2009 AED 1,100,000; 2010 AED 895,888; 2011 AED 1,305,000; 2012 AED 2,425,000; 2013 AED 2,525,000; 2014 AED 3,275,000; 2015 AED 2,662,500; 2016 AED 2,750,000; 2017 AED 2,462,500; 2018 AED 2,400,000; 2019 AED 2,000,000; 2020 AED 1,100,000; 2021 AED 2,528,500; 2022 AED 2,953,710; 2023 AED 3,870,000; 2024 AED 4,600,000; 2025 AED 5,350,000Sold by developer, December 2007: AED 497,944 (AED 168 per sqft)Sold, January 2021: AED 2,610,000 (AED 881 per sqft)Sold, July 2023: AED 4,525,000 (AED 1,527 per sqft)

S08/TH01 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/TH01, each contractTypical three-bed in The Springs 5
200K20112015201920232027Typical rent by year: 2011 AED 142,500; 2012 AED 150,000; 2013 AED 160,000; 2014 AED 175,000; 2015 AED 180,000; 2016 AED 180,000; 2017 AED 165,000; 2018 AED 155,000; 2019 AED 141,250; 2020 AED 129,651; 2021 AED 135,000; 2022 AED 150,000; 2023 AED 170,888; 2024 AED 200,000; 2025 AED 220,000; 2026 AED 260,000New contract, April 2014: AED 215,000 a yearNew contract, April 2015: AED 215,000 a yearNew contract, April 2017: AED 215,000 a yearRenewal, April 2018: AED 195,000 a yearRenewal, August 2019: AED 153,000 a yearRenewal, August 2020: AED 145,000 a yearNew contract, October 2021: AED 180,000 a yearRenewal, October 2022: AED 180,000 a yearNew contract, October 2022: AED 180,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in The Springs 5, and where S08/TH01 sits

All 171 3-beds →

S08/TH01 last sold in July 2023 at AED 1,527 per sqft, 13% above what three-beds in The Springs 5 were fetching at the time (AED 1,346). Over the last 12 months three-beds sold for AED 4,999,000 to 6,000,000, around AED 2,164 per sqft, and rent for AED 156,000 to 310,000 a year. S08/TH01's AED 180,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
15 Jan 20266,000,000
5 Dec 20254,999,000
6 Oct 20256,950,000
3 Oct 20256,325,000
2 3-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 →

S08/TH01, The Springs 5 in numbers

  • Sold 3 times: first on 12 December 2007 for AED 497,944, last on 19 July 2023 for AED 4,525,000 (AED 1,527 per sqft).
  • Rented since April 2014 on 9 Ejari contracts. The rent fell from AED 215,000 to AED 145,000 in 2020 and recovered to AED 180,000 by October 2022.
  • At AED 180,000 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 6,300 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 5 sold for AED 4,999,000–6,000,000 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 19 July 2023.

Questions about S08/TH01, The Springs 5

What did villa S08/TH01 last sell for?

AED 4,525,000 on 19 July 2023: AED 1,527 per sqft for 2,962 sqft. The villa has 3 registered sales; the first was AED 497,944 in December 2007.

What is the rent for villa S08/TH01?

AED 180,000 a year on the contract renewed on 28 October 2022. The previous contract, from October 2022, was AED 180,000; the villa has been rented since April 2014.

How big is villa S08/TH01?

2,962 sqft (275.2 sqm): a three-bedroom villa in The Springs 5, completed in 2004.

What is villa S08/TH01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Springs 5 sold for AED 4,999,000 to 6,000,000 in the last 12 months, around AED 2,164 per sqft.

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Mortgage on S08/TH01, The Springs 5

Starts from the last sale price (AED 4.53M, 19 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,525,000
Deposit, UAE resident (20%)
AED 905,000
Deposit, non-resident (40%)
AED 1,810,000
Monthly over 25 years at 3.7%
AED 18,513

Plus AED 195,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →