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3-bed · 2,228 sqftThe Springs 6, The Springs · completed 2004

S03/TH62, The Springs 6

Sold prices and rental history: sold twice, last in December 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH62 · DLD and Ejari recordsUpdated 13 October 2024
Last soldAED 5M15 December 2019
Current rentAED 176K /yr13 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH62, The Springs 6

What is S03/TH62 worth today?

Last sold for AED 5,000,000 in 2019

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13 Oct 2024RentedRenewal
AED 176,000/yr12 months · AED 79 per sqft
13 Oct 2023RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
13 Oct 2022RentedRenewal
AED 132,300/yr12 months · AED 59 per sqft
13 Oct 2021RentedRenewal
AED 126,000/yr12 months · AED 57 per sqft
13 Oct 2020RentedRenewal
AED 120,000/yr12 months · AED 54 per sqft
15 Dec 2019SoldReady
AED 5,000,000AED 2,243 per sqft
13 Oct 2019RentedNew contract
AED 135,000/yr12 months · AED 61 per sqft
13 Oct 2018RentedNew contract
AED 145,000/yr12 months · AED 65 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 October 2024.

Key facts

Type
3-bed villa
Size
2,228 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,700 /yr
Last sold
AED 5M · December 2019
Community
The Springs 6

About S03/TH62, The Springs 6

S03/TH62 is a three-bedroom villa of 2,228 sqft in The Springs 6, a villa community in The Springs completed in 2004 by Emaar. It last sold on 15 December 2019 for AED 5,000,000, or AED 2,243 per sqft, 144% above the AED 921 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 13 October 2024, is AED 176,000 a year: a gross yield of 3.5% on the 2019 price, before the service charge of about AED 4,700 a year.

Sales and rents for S03/TH62 over time

Sales
Villa S03/TH62, 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, June 2007: AED 840,888 (AED 377 per sqft)Sold, December 2019: AED 5,000,000 (AED 2,243 per sqft)

S03/TH62 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH62, each contractTypical three-bed in The Springs 6
150K200K2011201520192023Typical 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, January 2014: AED 143,750 a yearNew contract, June 2015: AED 187,500 a yearRenewal, June 2016: AED 195,000 a yearNew contract, October 2017: AED 145,000 a yearNew contract, October 2018: AED 145,000 a yearNew contract, October 2019: AED 135,000 a yearRenewal, October 2020: AED 120,000 a yearRenewal, October 2021: AED 126,000 a yearRenewal, October 2022: AED 132,300 a yearNew contract, October 2023: AED 160,000 a yearRenewal, October 2024: AED 176,000 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/TH62 sits

All 55 3-beds →

S03/TH62 last sold in December 2019 at AED 2,243 per sqft, 144% above what three-beds in The Springs 6 were fetching at the time (AED 921). 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/TH62's AED 176,000 is at the bottom 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/TH62, The Springs 6 in numbers

  • Sold twice: first on 18 June 2007 for AED 840,888, last on 15 December 2019 for AED 5,000,000 (AED 2,243 per sqft).
  • Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 143,750 to AED 120,000 in 2020 and recovered to AED 176,000 by October 2024.
  • At AED 176,000 a year the gross yield on the 2019 price is 3.5%, before a service charge of about AED 4,700 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 13 October 2024.

Questions about S03/TH62, The Springs 6

What did villa S03/TH62 last sell for?

AED 5,000,000 on 15 December 2019: AED 2,243 per sqft for 2,228 sqft. The villa has 2 registered sales; the first was AED 840,888 in June 2007.

What is the rent for villa S03/TH62?

AED 176,000 a year on the contract renewed on 13 October 2024. The previous contract, from October 2023, was AED 160,000; the villa has been rented since January 2014.

How big is villa S03/TH62?

2,228 sqft (207.0 sqm): a three-bedroom villa in The Springs 6, completed in 2004.

What is villa S03/TH62 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/TH62, The Springs 6

Starts from the last sale price (AED 5M, 15 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

Plus AED 215,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →