Home
Dubai prices
About
Research
3-bed · 2,290 sqftThe Springs 7, The Springs · completed 2004

S02/TH16, The Springs 7

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH16 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 711K1 March 2011
Current rentAED 140K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH16, The Springs 7

What is S02/TH16 worth today?

Last sold for AED 710,888 in 2011

Unlock today's estimate, updated daily, with

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

1 Feb 2024RentedRenewal
AED 140,000/yr12 months · AED 61 per sqft
1 Feb 2023RentedRenewal
AED 140,000/yr12 months · AED 61 per sqft
1 Feb 2022RentedRenewal
AED 105,000/yr12 months · AED 46 per sqft
1 Feb 2019RentedRenewal
AED 125,000/yr12 months · AED 55 per sqft
1 Feb 2018RentedRenewal
AED 155,000/yr12 months · AED 68 per sqft
1 Feb 2014RentedNew contract
AED 160,000/yr12 months · AED 70 per sqft
1 Mar 2011Sold by developerReady
AED 710,888AED 310 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2024.

Key facts

Type
3-bed villa
Size
2,290 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,900 /yr
Last sold
AED 711K · March 2011
Community
The Springs 7

About S02/TH16, The Springs 7

S02/TH16 is a three-bedroom villa of 2,290 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 1 March 2011 for AED 710,888, or AED 310 per sqft, 13% below the AED 355 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 140,000 a year: a gross yield of 19.7% on the 2011 price, before the service charge of about AED 4,900 a year.

Sales and rents for S02/TH16 over time

Sales
Villa S02/TH16, 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, March 2011: AED 710,888 (AED 310 per sqft)

S02/TH16 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH16, 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, February 2014: AED 160,000 a yearRenewal, February 2018: AED 155,000 a yearRenewal, February 2019: AED 125,000 a yearRenewal, February 2022: AED 105,000 a yearRenewal, February 2023: AED 140,000 a yearRenewal, February 2024: AED 140,000 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/TH16 sits

All 128 3-beds →

S02/TH16 last sold in March 2011 at AED 310 per sqft, 13% below what three-beds in The Springs 7 were fetching at the time (AED 355). 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/TH16's AED 140,000 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/TH16, The Springs 7 in numbers

  • Sold once: by Emaar on 1 March 2011 for AED 710,888, or AED 310 per sqft.
  • Rented since February 2014 on 6 Ejari contracts. The rent fell from AED 160,000 to AED 105,000 in 2022 and recovered to AED 140,000 by February 2024.
  • At AED 140,000 a year the gross yield on the 2011 price is 19.7%, 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 1 February 2024.

Questions about S02/TH16, The Springs 7

What did villa S02/TH16 last sell for?

AED 710,888 on 1 March 2011, sold by the developer: AED 310 per sqft for 2,290 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH16?

AED 140,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 140,000; the villa has been rented since February 2014.

How big is villa S02/TH16?

2,290 sqft (212.7 sqm): a three-bedroom villa in The Springs 7, completed in 2004.

What is villa S02/TH16 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.

Selling S02/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 S02/TH16, The Springs 7

Starts from the last sale price (AED 711K, 1 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 710,888
Deposit, UAE resident (20%)
AED 142,178
Deposit, non-resident (40%)
AED 284,355
Monthly over 25 years at 3.7%
AED 2,908

Plus AED 34,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →