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2-bed · 1,762 sqftThe Springs 7, The Springs · completed 2004

S02/TH22, The Springs 7

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH22 · DLD and Ejari recordsUpdated 28 September 2021
Last soldAED 2.16M28 September 2021
Current rentAED 75K /yr28 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH22, The Springs 7

What is S02/TH22 worth today?

Last sold for AED 2,160,000 in 2021

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28 Sep 2021SoldReady
AED 2,160,000AED 1,225 per sqft
28 Sep 2021RentedNew contract
AED 75,310/yr5 months · AED 43 per sqft
5 Mar 2020RentedNew contract
AED 93,000/yr12 months · AED 53 per sqft
19 Jan 2019RentedRenewal
AED 120,000/yr12 months · AED 68 per sqft
19 Jan 2018RentedRenewal
AED 120,000/yr12 months · AED 68 per sqft
19 Jan 2017RentedNew contract
AED 138,000/yr12 months · AED 78 per sqft
26 Dec 2016SoldReady
AED 2,025,000AED 1,149 per sqft
1 Oct 2016RentedRenewal
AED 138,000/yr12 months · AED 78 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 September 2021.

Key facts

Type
2-bed villa
Size
1,762 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 2.16M · September 2021
Community
The Springs 7

About S02/TH22, The Springs 7

S02/TH22 is a two-bedroom villa of 1,762 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. It last sold on 28 September 2021 for AED 2,160,000, or AED 1,225 per sqft, 50% above the AED 816 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 28 September 2021, is AED 75,310 a year: a gross yield of 3.5% on the 2021 price, before the service charge of about AED 3,800 a year.

Sales and rents for S02/TH22 over time

Sales
Villa S02/TH22, 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, November 2007: AED 272,944 (AED 154 per sqft)Sold, December 2016: AED 2,025,000 (AED 1,149 per sqft)Sold, September 2021: AED 2,160,000 (AED 1,225 per sqft)

S02/TH22 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH22, 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, October 2014: AED 138,000 a yearRenewal, October 2015: AED 138,000 a yearRenewal, October 2016: AED 138,000 a yearNew contract, January 2017: AED 138,000 a yearRenewal, January 2018: AED 120,000 a yearRenewal, January 2019: AED 120,000 a yearNew contract, March 2020: AED 93,000 a yearNew contract, September 2021: AED 75,310 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/TH22 sits

All 112 2-beds →

S02/TH22 last sold in September 2021 at AED 1,225 per sqft, 50% above what two-beds in The Springs 7 were fetching at the time (AED 816). 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/TH22's AED 75,310 is at the bottom 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/TH22, The Springs 7 in numbers

  • Sold 3 times: first on 26 November 2007 for AED 272,944, last on 28 September 2021 for AED 2,160,000 (AED 1,225 per sqft).
  • Rented since October 2014 on 8 Ejari contracts, from AED 138,000 to AED 75,310 a year.
  • At AED 75,310 a year the gross yield on the 2021 price is 3.5%, 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 28 September 2021.

Questions about S02/TH22, The Springs 7

What did villa S02/TH22 last sell for?

AED 2,160,000 on 28 September 2021: AED 1,225 per sqft for 1,762 sqft. The villa has 3 registered sales; the first was AED 272,944 in November 2007.

What is the rent for villa S02/TH22?

AED 75,310 a year on the contract signed on 28 September 2021. The previous contract, from March 2020, was AED 93,000; the villa has been rented since October 2014.

How big is villa S02/TH22?

1,762 sqft (163.7 sqm): a two-bedroom villa in The Springs 7, completed in 2004.

What is villa S02/TH22 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/TH22, The Springs 7

Starts from the last sale price (AED 2.16M, 28 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,160,000
Deposit, UAE resident (20%)
AED 432,000
Deposit, non-resident (40%)
AED 864,000
Monthly over 25 years at 3.7%
AED 8,837

Plus AED 95,730 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →