2-bed · 1,642 sqftThe Springs 6, The Springs · completed 2004

S04/TH16, The Springs 6

Sold prices and rental history: sold once, by the developer in July 2007, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH16 · DLD and Ejari recordsUpdated 28 November 2022
Last soldAED 461K8 July 2007
Current rentAED 86K /yr28 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH16, The Springs 6

What is S04/TH16 worth today?

Last sold for AED 460,888 in 2007

Unlock today's estimate, updated daily, with

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

28 Nov 2022RentedRenewal
AED 86,250/yr12 months · AED 53 per sqft
28 Nov 2021RentedRenewal
AED 75,000/yr12 months · AED 46 per sqft
28 Nov 2019RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
25 Oct 2018RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
25 Oct 2017RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
8 Jul 2007Sold by developerReady
AED 460,888AED 280 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 November 2022.

Key facts

Type
2-bed villa
Size
1,642 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 461K · July 2007
Community
The Springs 6

About S04/TH16, The Springs 6

S04/TH16 is a two-bedroom villa of 1,642 sqft in The Springs 6, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 8 July 2007 for AED 460,888, or AED 280 per sqft, 23% below the AED 364 two-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 28 November 2022, is AED 86,250 a year: a gross yield of 18.7% on the 2007 price, before the service charge of about AED 3,500 a year.

Sales and rents for S04/TH16 over time

Sales
Villa S04/TH16, each saleTypical two-bed in The Springs 6
02M2007201220172022Typical 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, July 2007: AED 460,888 (AED 280 per sqft)

S04/TH16 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/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, October 2017: AED 110,000 a yearNew contract, October 2018: AED 110,000 a yearNew contract, November 2019: AED 80,000 a yearRenewal, November 2021: AED 75,000 a yearRenewal, November 2022: AED 86,250 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 S04/TH16 sits

All 94 2-beds →

S04/TH16 last sold in July 2007 at AED 280 per sqft, 23% below what two-beds in The Springs 6 were fetching at the time (AED 364). 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. S04/TH16's AED 86,250 is at the bottom 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 →

S04/TH16, The Springs 6 in numbers

  • Sold once: by Emaar on 8 July 2007 for AED 460,888, or AED 280 per sqft.
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2021 and recovered to AED 86,250 by November 2022.
  • At AED 86,250 a year the gross yield on the 2007 price is 18.7%, before a service charge of about AED 3,500 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 28 November 2022.

Questions about S04/TH16, The Springs 6

What did villa S04/TH16 last sell for?

AED 460,888 on 8 July 2007, sold by the developer: AED 280 per sqft for 1,642 sqft. It is the only registered sale of the villa.

What is the rent for villa S04/TH16?

AED 86,250 a year on the contract renewed on 28 November 2022. The previous contract, from November 2021, was AED 75,000; the villa has been rented since October 2017.

How big is villa S04/TH16?

1,642 sqft (152.5 sqm): a two-bedroom villa in The Springs 6, completed in 2004.

What is villa S04/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.

Selling S04/TH16? 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 S04/TH16, The Springs 6

Starts from the last sale price (AED 461K, 8 July 2007). Switch to today's estimate once you have unlocked it.
Price
AED 460,888
Deposit, UAE resident (20%)
AED 92,178
Deposit, non-resident (40%)
AED 184,355
Monthly over 25 years at 3.7%
AED 1,886

Plus AED 22,268 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →