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

S03/TH24, The Springs 6

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

Villa S03/TH24 · DLD and Ejari recordsUpdated 8 June 2023
Last soldAED 2M18 July 2013
Current rentAED 180K /yr8 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH24, The Springs 6

What is S03/TH24 worth today?

Last sold for AED 2,000,000 in 2013

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8 Jun 2023RentedNew contract
AED 180,000/yr12 months · AED 101 per sqft
12 Feb 2020RentedNew contract
AED 95,000/yr12 months · AED 54 per sqft
20 Feb 2019RentedNew contract
AED 115,000/yr12 months · AED 65 per sqft
15 Oct 2015RentedNew contract
AED 150,000/yr12 months · AED 84 per sqft
20 Sep 2013RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft
18 Jul 2013SoldReady
AED 2,000,000AED 1,126 per sqft
21 Jun 2011Sold by developerReady
AED 1,500,000AED 844 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 June 2023.

Key facts

Type
2-bed villa
Size
1,776 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2M · July 2013
Community
The Springs 6

About S03/TH24, The Springs 6

S03/TH24 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 18 July 2013 for AED 2,000,000, or AED 1,126 per sqft, 21% above the AED 930 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 8 June 2023, is AED 180,000 a year: a gross yield of 9.0% on the 2013 price, before the service charge of about AED 3,800 a year.

Sales and rents for S03/TH24 over time

Sales
Villa S03/TH24, 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, June 2011: AED 1,500,000 (AED 844 per sqft)Sold, July 2013: AED 2,000,000 (AED 1,126 per sqft)

S03/TH24 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S03/TH24, 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 140,000 a yearNew contract, October 2015: AED 150,000 a yearNew contract, February 2019: AED 115,000 a yearNew contract, February 2020: AED 95,000 a yearNew contract, June 2023: AED 180,000 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/TH24 sits

All 94 2-beds →

S03/TH24 last sold in July 2013 at AED 1,126 per sqft, 21% above what two-beds in The Springs 6 were fetching at the time (AED 930). 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/TH24's AED 180,000 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/TH24, The Springs 6 in numbers

  • Sold twice: first on 21 June 2011 for AED 1,500,000, last on 18 July 2013 for AED 2,000,000 (AED 1,126 per sqft).
  • Rented since September 2013 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 95,000 in 2020 and recovered to AED 180,000 by June 2023.
  • At AED 180,000 a year the gross yield on the 2013 price is 9.0%, 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 8 June 2023.

Questions about S03/TH24, The Springs 6

What did villa S03/TH24 last sell for?

AED 2,000,000 on 18 July 2013: AED 1,126 per sqft for 1,776 sqft. The villa has 2 registered sales; the first was AED 1,500,000 in June 2011.

What is the rent for villa S03/TH24?

AED 180,000 a year on the contract signed on 8 June 2023. The previous contract, from February 2020, was AED 95,000; the villa has been rented since September 2013.

How big is villa S03/TH24?

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

What is villa S03/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 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/TH24, The Springs 6

Starts from the last sale price (AED 2M, 18 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →