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3-bed · 2,920 sqftThe Springs 6, The Springs · completed 2004

S03/TH56, The Springs 6

Sold prices and rental history: sold 4 times, last in June 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH56 · DLD and Ejari recordsUpdated 19 June 2014
Last soldAED 4.36M19 June 2014
Current rentAED 235K /yr1 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH56, The Springs 6

What is S03/TH56 worth today?

Last sold for AED 4,355,000 in 2014

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19 Jun 2014SoldReady
AED 4,355,000AED 1,491 per sqft
1 Oct 2013RentedNew contract
AED 235,000/yr12 months · AED 80 per sqft
1 Apr 2013RentedNew contract
AED 236,000/yr12 months · AED 81 per sqft
4 Mar 2013SoldReady
AED 3,655,000AED 1,251 per sqft
23 Aug 2009SoldReady
AED 3,200,000AED 1,095 per sqft
12 Jul 2009Sold by developerReady
AED 565,944AED 193 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 June 2014.

Key facts

Type
3-bed villa
Size
2,920 sqft
Developer
Emaar
Completed
2004
Service charge
AED 6,200 /yr
Last sold
AED 4.36M · June 2014
Community
The Springs 6

About S03/TH56, The Springs 6

S03/TH56 is a three-bedroom villa of 2,920 sqft in The Springs 6, a villa community in The Springs completed in 2004 by Emaar. It last sold on 19 June 2014 for AED 4,355,000, or AED 1,491 per sqft, 19% above the AED 1,257 three-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 October 2013, is AED 235,000 a year: a gross yield of 5.4% on the 2014 price, before the service charge of about AED 6,200 a year.

Sales and rents for S03/TH56 over time

Sales
Villa S03/TH56, each saleTypical three-bed in The Springs 6
02.5M5M2007201220172022Typical sale price by year: 2007 AED 1,021,888; 2008 AED 1,128,888; 2009 AED 565,944; 2010 AED 1,131,888; 2011 AED 1,450,000; 2012 AED 1,775,000; 2013 AED 2,535,000; 2014 AED 3,268,225; 2015 AED 2,700,000; 2019 AED 2,690,000; 2020 AED 1,760,000; 2021 AED 2,525,000; 2022 AED 2,430,000; 2023 AED 2,900,000; 2024 AED 4,725,000; 2025 AED 5,475,000Sold by developer, July 2009: AED 565,944 (AED 193 per sqft)Sold, August 2009: AED 3,200,000 (AED 1,095 per sqft)Sold, March 2013: AED 3,655,000 (AED 1,251 per sqft)Sold, June 2014: AED 4,355,000 (AED 1,491 per sqft)

S03/TH56 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH56, each contractTypical three-bed in The Springs 6
150K200K250K2011201520192023Typical rent by year: 2011 AED 140,000; 2012 AED 145,000; 2013 AED 150,000; 2014 AED 168,750; 2015 AED 174,500; 2016 AED 175,000; 2017 AED 168,300; 2018 AED 145,000; 2019 AED 145,000; 2020 AED 135,000; 2021 AED 135,000; 2022 AED 148,421; 2023 AED 179,250; 2024 AED 196,500; 2025 AED 205,000New contract, April 2013: AED 236,000 a yearNew contract, October 2013: AED 235,000 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 6, and where S03/TH56 sits

All 55 3-beds →

S03/TH56 last sold in June 2014 at AED 1,491 per sqft, 19% above what three-beds in The Springs 6 were fetching at the time (AED 1,257). Over the last 12 months three-beds sold for AED 6,900,000, around AED 2,552 per sqft, and rent for AED 195,000 to 290,000 a year. S03/TH56's AED 235,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
5 Feb 20266,900,000
31 Oct 20255,475,000
7 Jul 20256,300,000
19 Jun 20255,215,816
1 3-bed sale 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/TH56, The Springs 6 in numbers

  • Sold 4 times: first on 12 July 2009 for AED 565,944, last on 19 June 2014 for AED 4,355,000 (AED 1,491 per sqft).
  • Rented since April 2013 on 2 Ejari contracts, from AED 236,000 to AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2014 price is 5.4%, before a service charge of about AED 6,200 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 6 sold for AED 6,900,000–6,900,000 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 19 June 2014.

Questions about S03/TH56, The Springs 6

What did villa S03/TH56 last sell for?

AED 4,355,000 on 19 June 2014: AED 1,491 per sqft for 2,920 sqft. The villa has 4 registered sales; the first was AED 565,944 in July 2009.

What is the rent for villa S03/TH56?

AED 235,000 a year on the contract signed on 1 October 2013. The previous contract, from April 2013, was AED 236,000.

How big is villa S03/TH56?

2,920 sqft (271.3 sqm): a three-bedroom villa in The Springs 6, completed in 2004.

What is villa S03/TH56 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 6 sold for AED 6,900,000 to 6,900,000 in the last 12 months, around AED 2,552 per sqft.

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Mortgage on S03/TH56, The Springs 6

Starts from the last sale price (AED 4.36M, 19 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,355,000
Deposit, UAE resident (20%)
AED 871,000
Deposit, non-resident (40%)
AED 1,742,000
Monthly over 25 years at 3.7%
AED 17,818

Plus AED 187,920 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →