3-bed · 2,221 sqftThe Springs 7, The Springs · completed 2004

S03/TH07, The Springs 7

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH07 · DLD and Ejari recordsUpdated 19 August 2023
Last soldAED 661K19 March 2009
Current rentAED 140K /yr19 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH07, The Springs 7

What is S03/TH07 worth today?

Last sold for AED 660,888 in 2009

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19 Aug 2023RentedRenewal
AED 140,000/yr12 months · AED 63 per sqft
19 Aug 2021RentedNew contract
AED 110,000/yr12 months · AED 50 per sqft
19 Aug 2019RentedRenewal
AED 126,000/yr12 months · AED 57 per sqft
19 Aug 2018RentedNew contract
AED 140,000/yr12 months · AED 63 per sqft
25 Aug 2016RentedNew contract
AED 165,000/yr12 months · AED 74 per sqft
26 Mar 2014RentedNew contract
AED 165,000/yr12 months · AED 74 per sqft
29 Aug 2013RentedNew contract
AED 124,000/yr12 months · AED 56 per sqft
19 Mar 2009Sold by developerReady
AED 660,888AED 297 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 August 2023.

Key facts

Type
3-bed villa
Size
2,221 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,700 /yr
Last sold
AED 661K · March 2009
Community
The Springs 7

About S03/TH07, The Springs 7

S03/TH07 is a three-bedroom villa of 2,221 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 19 March 2009 for AED 660,888, or AED 297 per sqft, 27% below the AED 406 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 19 August 2023, is AED 140,000 a year: a gross yield of 21.2% on the 2009 price, before the service charge of about AED 4,700 a year.

Sales and rents for S03/TH07 over time

Sales
Villa S03/TH07, 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 2009: AED 660,888 (AED 297 per sqft)

S03/TH07 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH07, 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, August 2013: AED 124,000 a yearNew contract, March 2014: AED 165,000 a yearNew contract, August 2016: AED 165,000 a yearNew contract, August 2018: AED 140,000 a yearRenewal, August 2019: AED 126,000 a yearNew contract, August 2021: AED 110,000 a yearRenewal, August 2023: 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 S03/TH07 sits

All 128 3-beds →

S03/TH07 last sold in March 2009 at AED 297 per sqft, 27% below what three-beds in The Springs 7 were fetching at the time (AED 406). 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. S03/TH07'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 →

S03/TH07, The Springs 7 in numbers

  • Sold once: by Emaar on 19 March 2009 for AED 660,888, or AED 297 per sqft.
  • Rented since August 2013 on 7 Ejari contracts. The rent fell from AED 124,000 to AED 110,000 in 2021 and recovered to AED 140,000 by August 2023.
  • At AED 140,000 a year the gross yield on the 2009 price is 21.2%, before a service charge of about AED 4,700 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 19 August 2023.

Questions about S03/TH07, The Springs 7

What did villa S03/TH07 last sell for?

AED 660,888 on 19 March 2009, sold by the developer: AED 297 per sqft for 2,221 sqft. It is the only registered sale of the villa.

What is the rent for villa S03/TH07?

AED 140,000 a year on the contract renewed on 19 August 2023. The previous contract, from August 2021, was AED 110,000; the villa has been rented since August 2013.

How big is villa S03/TH07?

2,221 sqft (206.3 sqm): a three-bedroom villa in The Springs 7, completed in 2004.

What is villa S03/TH07 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 S03/TH07, The Springs 7

Starts from the last sale price (AED 661K, 19 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 660,888
Deposit, UAE resident (20%)
AED 132,178
Deposit, non-resident (40%)
AED 264,355
Monthly over 25 years at 3.7%
AED 2,704

Plus AED 32,768 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →