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3-bed · 2,305 sqftThe Springs 7, The Springs · completed 2004

S02/TH03, The Springs 7

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH03 · DLD and Ejari recordsUpdated 15 November 2022
Last soldAED 2.25M9 June 2021
Current rentAED 100K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH03, The Springs 7

What is S02/TH03 worth today?

Last sold for AED 2,250,000 in 2021

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15 Nov 2022RentedNew contract
AED 100,000/yr12 months · AED 43 per sqft
15 Oct 2021RentedRenewal
AED 160,000/yr12 months · AED 69 per sqft
9 Jun 2021SoldReady
AED 2,250,000AED 976 per sqft
15 Oct 2020RentedRenewal
AED 145,000/yr12 months · AED 63 per sqft
15 Oct 2019RentedRenewal
AED 150,000/yr12 months · AED 65 per sqft
15 Oct 2017RentedRenewal
AED 165,000/yr12 months · AED 72 per sqft
15 Oct 2015RentedRenewal
AED 160,000/yr12 months · AED 69 per sqft
15 Oct 2014RentedNew contract
AED 154,000/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2022.

Key facts

Type
3-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,900 /yr
Last sold
AED 2.25M · June 2021
Community
The Springs 7

About S02/TH03, The Springs 7

S02/TH03 is a three-bedroom villa of 2,305 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. It last sold on 9 June 2021 for AED 2,250,000, or AED 976 per sqft, 9% above the AED 892 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 15 November 2022, is AED 100,000 a year: a gross yield of 4.4% on the 2021 price, before the service charge of about AED 4,900 a year.

Sales and rents for S02/TH03 over time

Sales
Villa S02/TH03, each saleTypical three-bed in The Springs 7
02.5M5M2007201220172022Typical sale price by year: 2007 AED 656,888; 2008 AED 960,000; 2009 AED 1,033,981; 2010 AED 845,944; 2011 AED 1,110,000; 2012 AED 1,900,000; 2013 AED 2,600,000; 2014 AED 3,800,000; 2015 AED 2,430,000; 2016 AED 1,712,500; 2017 AED 2,285,000; 2018 AED 2,115,000; 2019 AED 1,800,000; 2020 AED 1,700,000; 2021 AED 2,237,500; 2022 AED 2,630,000; 2023 AED 3,200,000; 2024 AED 4,525,000; 2025 AED 5,359,264Sold by developer, July 2007: AED 656,888 (AED 285 per sqft)Sold, June 2021: AED 2,250,000 (AED 976 per sqft)

S02/TH03 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH03, each contractTypical three-bed in The Springs 7
100K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 150,000; 2014 AED 168,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 157,000; 2018 AED 145,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 127,000; 2022 AED 142,100; 2023 AED 147,000; 2024 AED 174,500; 2025 AED 215,000; 2026 AED 262,500New contract, October 2013: AED 140,000 a yearNew contract, October 2014: AED 154,000 a yearNew contract, October 2014: AED 154,000 a yearRenewal, October 2015: AED 160,000 a yearRenewal, October 2017: AED 165,000 a yearRenewal, October 2019: AED 150,000 a yearRenewal, October 2020: AED 145,000 a yearRenewal, October 2021: AED 160,000 a yearNew contract, November 2022: AED 100,000 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 7, and where S02/TH03 sits

All 128 3-beds →

S02/TH03 last sold in June 2021 at AED 976 per sqft, 9% above what three-beds in The Springs 7 were fetching at the time (AED 892). Over the last 12 months three-beds sold for AED 3,100,000 to 7,100,000, around AED 2,400 per sqft, and rent for AED 182,505 to 315,000 a year. S02/TH03's AED 100,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
5 Feb 20264,940,000
2 Feb 20263,100,000
26 Dec 20255,760,000
23 Dec 20254,999,000
7 3-bed sales in the last 12 months

The Springs 7

Community

267 villas, 2-bed to 4-bed in The Springs, completed in 2004 by Emaar. 12 sold in the last 12 months.

Typical price per sqft
AED 2,137 Up 9.8%
Typical sale
AED 4.36M
Typical rent
AED 170K /yr
Typical yield
4.5%
The Springs 7, The Springs: prices, sales and rents →

S02/TH03, The Springs 7 in numbers

  • Sold twice: first on 10 July 2007 for AED 656,888, last on 9 June 2021 for AED 2,250,000 (AED 976 per sqft).
  • Rented since October 2013 on 9 Ejari contracts, from AED 140,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 4.4%, before a service charge of about AED 4,900 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 7 sold for AED 3,100,000–7,100,000 in the 12 months to November 2026; the community's median across all types is AED 2,137 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2022.

Questions about S02/TH03, The Springs 7

What did villa S02/TH03 last sell for?

AED 2,250,000 on 9 June 2021: AED 976 per sqft for 2,305 sqft. The villa has 2 registered sales; the first was AED 656,888 in July 2007.

What is the rent for villa S02/TH03?

AED 100,000 a year on the contract signed on 15 November 2022. The previous contract, from October 2021, was AED 160,000; the villa has been rented since October 2013.

How big is villa S02/TH03?

2,305 sqft (214.1 sqm): a three-bedroom villa in The Springs 7, completed in 2004.

What is villa S02/TH03 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 7 sold for AED 3,100,000 to 7,100,000 in the last 12 months, around AED 2,400 per sqft.

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Mortgage on S02/TH03, The Springs 7

Starts from the last sale price (AED 2.25M, 9 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →