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

S02/TH23, The Springs 7

Sold prices and rental history: sold once, by the developer in June 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH23 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 273K24 June 2007
Current rentAED 180K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH23, The Springs 7

What is S02/TH23 worth today?

Last sold for AED 272,944 in 2007

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15 May 2025RentedRenewal
AED 180,000/yr12 months · AED 102 per sqft
15 May 2024RentedRenewal
AED 168,000/yr12 months · AED 95 per sqft
15 May 2023RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
25 Mar 2022RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
25 Mar 2021RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
1 Feb 2019RentedRenewal
AED 110,000/yr12 months · AED 62 per sqft
1 Feb 2018RentedRenewal
AED 120,000/yr12 months · AED 68 per sqft
1 Feb 2017RentedRenewal
AED 130,000/yr12 months · AED 73 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2025.

Key facts

Type
2-bed villa
Size
1,773 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 273K · June 2007
Community
The Springs 7

About S02/TH23, The Springs 7

S02/TH23 is a two-bedroom villa of 1,773 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 24 June 2007 for AED 272,944, or AED 153 per sqft, 45% below the AED 277 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 15 May 2025, is AED 180,000 a year: a gross yield of 66.0% on the 2007 price, before the service charge of about AED 3,800 a year.

Sales and rents for S02/TH23 over time

Sales
Villa S02/TH23, 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 2007: AED 272,944 (AED 153 per sqft)

S02/TH23 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH23, 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, February 2012: AED 105,000 a yearRenewal, February 2015: AED 130,000 a yearRenewal, February 2016: AED 130,000 a yearRenewal, February 2017: AED 130,000 a yearRenewal, February 2018: AED 120,000 a yearRenewal, February 2019: AED 110,000 a yearNew contract, March 2021: AED 100,000 a yearRenewal, March 2022: AED 100,000 a yearNew contract, May 2023: AED 150,000 a yearRenewal, May 2024: AED 168,000 a yearRenewal, May 2025: AED 180,000 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/TH23 sits

All 112 2-beds →

S02/TH23 last sold in June 2007 at AED 153 per sqft, 45% below what two-beds in The Springs 7 were fetching at the time (AED 277). Over the last 12 months two-beds sold for AED 170,190 to 3,725,000, around AED 2,086 per sqft, and rent for AED 85,000 to 245,000 a year. S02/TH23's AED 180,000 is in the upper 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
4 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. 11 sold in the last 12 months.

Typical price per sqft
AED 2,133 Up 9.5%
Typical sale
AED 4.94M
Typical rent
AED 170K /yr
Typical yield
4.5%
The Springs 7, The Springs: prices, sales and rents →

S02/TH23, The Springs 7 in numbers

  • Sold once: by Emaar on 24 June 2007 for AED 272,944, or AED 153 per sqft.
  • Rented since February 2012 on 11 Ejari contracts, from AED 105,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2007 price is 66.0%, 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 170,190–3,725,000 in the 12 months to November 2026; the community's median across all types is AED 2,133 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2025.

Questions about S02/TH23, The Springs 7

What did villa S02/TH23 last sell for?

AED 272,944 on 24 June 2007, sold by the developer: AED 153 per sqft for 1,773 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH23?

AED 180,000 a year on the contract renewed on 15 May 2025. The previous contract, from May 2024, was AED 168,000; the villa has been rented since February 2012.

How big is villa S02/TH23?

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

What is villa S02/TH23 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 3,725,000 in the last 12 months, around AED 2,086 per sqft.

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Mortgage on S02/TH23, The Springs 7

Starts from the last sale price (AED 273K, 24 June 2007). Switch to today's estimate once you have unlocked it.
Price
AED 272,944
Deposit, UAE resident (20%)
AED 54,589
Deposit, non-resident (40%)
AED 109,178
Monthly over 25 years at 3.7%
AED 1,117

Plus AED 14,374 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →