3-bed · 3,049 sqftThe Springs 5, The Springs · completed 2004

S09/TH02, The Springs 5

Sold prices and rental history: sold once, by the developer in June 2007, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S09/TH02 · DLD and Ejari recordsUpdated 1 December 2021
Last soldAED 449K25 June 2007
Current rentAED 120K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S09/TH02, The Springs 5

What is S09/TH02 worth today?

Last sold for AED 448,944 in 2007

Unlock today's estimate, updated daily, with

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

1 Dec 2021RentedRenewal
AED 120,000/yr12 months · AED 39 per sqft
1 Dec 2020RentedRenewal
AED 120,000/yr12 months · AED 39 per sqft
1 Jan 2018RentedNew contract
AED 170,000/yr12 months · AED 56 per sqft
4 Sep 2016RentedNew contract
AED 210,000/yr12 months · AED 69 per sqft
25 Jun 2007Sold by developerReady
AED 448,944AED 147 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2021.

Key facts

Type
3-bed villa
Size
3,049 sqft
Developer
Emaar
Completed
2004
Service charge
AED 6,500 /yr
Last sold
AED 449K · June 2007
Community
The Springs 5

About S09/TH02, The Springs 5

S09/TH02 is a three-bedroom villa of 3,049 sqft in The Springs 5, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 25 June 2007 for AED 448,944, or AED 147 per sqft, 58% below the AED 354 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 120,000 a year: a gross yield of 26.7% on the 2007 price, before the service charge of about AED 6,500 a year.

Sales and rents for S09/TH02 over time

Sales
Villa S09/TH02, 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, June 2007: AED 448,944 (AED 147 per sqft)

S09/TH02 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S09/TH02, each contractTypical three-bed in The Springs 5
100K200K20112015201920232027Typical 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, September 2016: AED 210,000 a yearNew contract, January 2018: AED 170,000 a yearRenewal, December 2020: AED 120,000 a yearRenewal, December 2021: AED 120,000 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 S09/TH02 sits

All 171 3-beds →

S09/TH02 last sold in June 2007 at AED 147 per sqft, 58% below what three-beds in The Springs 5 were fetching at the time (AED 354). 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. S09/TH02's AED 120,000 is at the bottom 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 →

S09/TH02, The Springs 5 in numbers

  • Sold once: by Emaar on 25 June 2007 for AED 448,944, or AED 147 per sqft.
  • Rented since September 2016 on 4 Ejari contracts, from AED 210,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2007 price is 26.7%, before a service charge of about AED 6,500 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 1 December 2021.

Questions about S09/TH02, The Springs 5

What did villa S09/TH02 last sell for?

AED 448,944 on 25 June 2007, sold by the developer: AED 147 per sqft for 3,049 sqft. It is the only registered sale of the villa.

What is the rent for villa S09/TH02?

AED 120,000 a year on the contract renewed on 1 December 2021. The previous contract, from December 2020, was AED 120,000; the villa has been rented since September 2016.

How big is villa S09/TH02?

3,049 sqft (283.3 sqm): a three-bedroom villa in The Springs 5, completed in 2004.

What is villa S09/TH02 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.

Selling S09/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 S09/TH02, The Springs 5

Starts from the last sale price (AED 449K, 25 June 2007). Switch to today's estimate once you have unlocked it.
Price
AED 448,944
Deposit, UAE resident (20%)
AED 89,789
Deposit, non-resident (40%)
AED 179,578
Monthly over 25 years at 3.7%
AED 1,837

Plus AED 21,766 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →