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2-bed · 1,776 sqftThe Springs 6, The Springs · completed 2004

S03/TH16, The Springs 6

Sold prices and rental history: sold twice, last in August 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH16 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 2.23M7 August 2014
Current rentAED 170K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH16, The Springs 6

What is S03/TH16 worth today?

Last sold for AED 2,225,000 in 2014

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10 Aug 2024RentedRenewal
AED 170,000/yr12 months · AED 96 per sqft
10 Aug 2023RentedNew contract
AED 170,000/yr12 months · AED 96 per sqft
1 Sep 2022RentedRenewal
AED 130,000/yr12 months · AED 73 per sqft
1 Sep 2021RentedNew contract
AED 130,000/yr12 months · AED 73 per sqft
28 Jul 2019RentedRenewal
AED 140,000/yr12 months · AED 79 per sqft
28 Jul 2018RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft
15 Sep 2014RentedNew contract
AED 130,000/yr12 months · AED 73 per sqft
7 Aug 2014SoldReady
AED 2,225,000AED 1,253 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2024.

Key facts

Type
2-bed villa
Size
1,776 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2.23M · August 2014
Community
The Springs 6

About S03/TH16, The Springs 6

S03/TH16 is a two-bedroom villa of 1,776 sqft in The Springs 6, a villa community in The Springs completed in 2004 by Emaar. It last sold on 7 August 2014 for AED 2,225,000, or AED 1,253 per sqft, 4% below the AED 1,304 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 170,000 a year: a gross yield of 7.6% on the 2014 price, before the service charge of about AED 3,800 a year.

Sales and rents for S03/TH16 over time

Sales
Villa S03/TH16, each saleTypical two-bed in The Springs 6
2M2007201220172022Typical sale price by year: 2007 AED 550,888; 2008 AED 888,003; 2009 AED 1,012,500; 2010 AED 925,000; 2011 AED 878,444; 2012 AED 1,268,500; 2013 AED 1,835,000; 2014 AED 2,175,000; 2015 AED 1,700,000; 2016 AED 1,775,000; 2017 AED 1,480,000; 2018 AED 1,522,500; 2019 AED 1,350,000; 2020 AED 1,175,000; 2021 AED 1,580,000; 2022 AED 1,750,000; 2023 AED 2,300,000; 2024 AED 2,730,000; 2025 AED 3,300,000Sold by developer, October 2010: AED 900,000 (AED 506 per sqft)Sold, August 2014: AED 2,225,000 (AED 1,253 per sqft)

S03/TH16 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH16, each contractTypical two-bed in The Springs 6
100K150K20112015201920232027Typical rent by year: 2011 AED 85,000; 2012 AED 85,000; 2013 AED 100,000; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 108,853; 2019 AED 99,000; 2020 AED 84,000; 2021 AED 85,600; 2022 AED 95,000; 2023 AED 111,055; 2024 AED 134,550; 2025 AED 152,500; 2026 AED 175,000New contract, September 2013: AED 130,000 a yearNew contract, September 2014: AED 130,000 a yearNew contract, July 2018: AED 140,000 a yearRenewal, July 2019: AED 140,000 a yearNew contract, September 2021: AED 130,000 a yearRenewal, September 2022: AED 130,000 a yearNew contract, August 2023: AED 170,000 a yearRenewal, August 2024: AED 170,000 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 6, and where S03/TH16 sits

All 94 2-beds →

S03/TH16 last sold in August 2014 at AED 1,253 per sqft, 4% below what two-beds in The Springs 6 were fetching at the time (AED 1,304). Over the last 12 months two-beds sold for AED 3,700,000 to 4,500,000, around AED 2,394 per sqft, and rent for AED 105,800 to 200,000 a year. S03/TH16's AED 170,000 is in the upper half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
17 Feb 20264,500,000
27 Nov 20253,700,000
26 Sep 20254,100,000
3 Sep 20252,825,000
2 2-bed sales in the last 12 months

The Springs 6

Community

198 villas, 2-bed to 5-bed in The Springs, completed in 2004 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 2,534
Typical sale
AED 4.5M
Typical rent
AED 203K /yr
Typical yield
3.5%
The Springs 6, The Springs: prices, sales and rents →

S03/TH16, The Springs 6 in numbers

  • Sold twice: first on 24 October 2010 for AED 900,000, last on 7 August 2014 for AED 2,225,000 (AED 1,253 per sqft).
  • Rented since September 2013 on 8 Ejari contracts, from AED 130,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2014 price is 7.6%, before a service charge of about AED 3,800 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 6 sold for AED 3,700,000–4,500,000 in the 12 months to November 2026; the community's median across all types is AED 2,534 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 August 2024.

Questions about S03/TH16, The Springs 6

What did villa S03/TH16 last sell for?

AED 2,225,000 on 7 August 2014: AED 1,253 per sqft for 1,776 sqft. The villa has 2 registered sales; the first was AED 900,000 in October 2010.

What is the rent for villa S03/TH16?

AED 170,000 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 170,000; the villa has been rented since September 2013.

How big is villa S03/TH16?

1,776 sqft (165.0 sqm): a two-bedroom villa in The Springs 6, completed in 2004.

What is villa S03/TH16 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 6 sold for AED 3,700,000 to 4,500,000 in the last 12 months, around AED 2,394 per sqft.

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Mortgage on S03/TH16, The Springs 6

Starts from the last sale price (AED 2.23M, 7 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,225,000
Deposit, UAE resident (20%)
AED 445,000
Deposit, non-resident (40%)
AED 890,000
Monthly over 25 years at 3.7%
AED 9,103

Plus AED 98,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →