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2-bed · 1,773 sqftThe Springs 7, The Springs · completed 2004

S02/TH17, The Springs 7

Sold prices and rental history: sold 3 times, last in April 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH17 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.94M11 April 2013
Current rentAED 94K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH17, The Springs 7

What is S02/TH17 worth today?

Last sold for AED 1,940,000 in 2013

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1 Jul 2024RentedRenewal
AED 94,380/yr12 months · AED 53 per sqft
1 Jul 2023RentedRenewal
AED 94,380/yr12 months · AED 53 per sqft
1 Jul 2022RentedRenewal
AED 85,800/yr12 months · AED 48 per sqft
1 Jul 2021RentedNew contract
AED 78,000/yr12 months · AED 44 per sqft
1 Jul 2020RentedRenewal
AED 78,000/yr12 months · AED 44 per sqft
1 Jul 2019RentedNew contract
AED 90,000/yr12 months · AED 51 per sqft
1 Jun 2018RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
25 May 2016RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft

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

Key facts

Type
2-bed villa
Size
1,773 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 1.94M · April 2013
Community
The Springs 7

About S02/TH17, The Springs 7

S02/TH17 is a two-bedroom villa of 1,773 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. It last sold on 11 April 2013 for AED 1,940,000, or AED 1,094 per sqft, 28% above the AED 852 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 94,380 a year: a gross yield of 4.9% on the 2013 price, before the service charge of about AED 3,800 a year.

Sales and rents for S02/TH17 over time

Sales
Villa S02/TH17, each saleTypical two-bed in The Springs 7
02M2007201220172022Typical sale price by year: 2007 AED 452,888; 2008 AED 950,000; 2009 AED 1,134,300; 2010 AED 580,888; 2011 AED 1,065,000; 2012 AED 1,380,000; 2013 AED 1,800,000; 2014 AED 2,150,000; 2015 AED 1,757,500; 2016 AED 1,600,000; 2017 AED 1,605,000; 2018 AED 1,675,000; 2019 AED 1,175,000; 2020 AED 1,285,000; 2021 AED 1,615,000; 2022 AED 1,875,000; 2023 AED 2,200,000; 2024 AED 2,762,500; 2025 AED 3,340,000Sold by developer, June 2008: AED 611,888 (AED 345 per sqft)Sold, June 2008: AED 2,550,000 (AED 1,438 per sqft)Sold, April 2013: AED 1,940,000 (AED 1,094 per sqft)

S02/TH17 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH17, each contractTypical two-bed in The Springs 7
100K150K2012201620202024Typical rent by year: 2012 AED 85,500; 2013 AED 95,000; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 98,000; 2020 AED 80,000; 2021 AED 90,000; 2022 AED 99,225; 2023 AED 115,000; 2024 AED 145,000; 2025 AED 150,000; 2026 AED 154,076New contract, March 2013: AED 110,000 a yearNew contract, March 2014: AED 118,000 a yearNew contract, March 2015: AED 122,000 a yearNew contract, May 2016: AED 140,000 a yearNew contract, June 2018: AED 110,000 a yearNew contract, July 2019: AED 90,000 a yearRenewal, July 2020: AED 78,000 a yearNew contract, July 2021: AED 78,000 a yearRenewal, July 2022: AED 85,800 a yearRenewal, July 2023: AED 94,380 a yearRenewal, July 2024: AED 94,380 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 7, and where S02/TH17 sits

All 112 2-beds →

S02/TH17 last sold in April 2013 at AED 1,094 per sqft, 28% above what two-beds in The Springs 7 were fetching at the time (AED 852). Over the last 12 months two-beds sold for AED 170,190 to 3,775,000, around AED 2,096 per sqft, and rent for AED 85,000 to 245,000 a year. S02/TH17's AED 94,380 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
12 Jan 20263,450,000
6 Jan 2026170,190
16 Dec 20253,400,000
11 Dec 20253,725,000
5 2-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/TH17, The Springs 7 in numbers

  • Sold 3 times: first on 22 June 2008 for AED 2,550,000, last on 11 April 2013 for AED 1,940,000 (AED 1,094 per sqft).
  • Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 78,000 in 2021 and recovered to AED 94,380 by July 2024.
  • At AED 94,380 a year the gross yield on the 2013 price is 4.9%, before a service charge of about AED 3,800 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 7 sold for AED 170,190–3,775,000 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 July 2024.

Questions about S02/TH17, The Springs 7

What did villa S02/TH17 last sell for?

AED 1,940,000 on 11 April 2013: AED 1,094 per sqft for 1,773 sqft. The villa has 3 registered sales; the first was AED 2,550,000 in June 2008.

What is the rent for villa S02/TH17?

AED 94,380 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 94,380; the villa has been rented since March 2013.

How big is villa S02/TH17?

1,773 sqft (164.7 sqm): a two-bedroom villa in The Springs 7, completed in 2004.

What is villa S02/TH17 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 7 sold for AED 170,190 to 3,775,000 in the last 12 months, around AED 2,096 per sqft.

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Mortgage on S02/TH17, The Springs 7

Starts from the last sale price (AED 1.94M, 11 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,940,000
Deposit, UAE resident (20%)
AED 388,000
Deposit, non-resident (40%)
AED 776,000
Monthly over 25 years at 3.7%
AED 7,937

Plus AED 86,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →