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3-bed · 2,343 sqftThe Springs 7, The Springs · completed 2004

S03/TH12, The Springs 7

Sold prices and rental history: sold once, by the developer in August 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH12 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 317K28 August 2007
Current rentAED 152K /yr15 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH12, The Springs 7

What is S03/TH12 worth today?

Last sold for AED 317,444 in 2007

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15 Apr 2024RentedRenewal
AED 152,000/yr12 months · AED 65 per sqft
15 Apr 2022RentedNew contract
AED 140,000/yr12 months · AED 60 per sqft
1 Jun 2021RentedRenewal
AED 115,000/yr12 months · AED 49 per sqft
1 Jun 2020RentedRenewal
AED 115,000/yr12 months · AED 49 per sqft
1 Jun 2019RentedRenewal
AED 135,000/yr12 months · AED 58 per sqft
20 Apr 2017RentedRenewal
AED 198,000/yr12 months · AED 84 per sqft
20 Apr 2015RentedRenewal
AED 178,500/yr12 months · AED 76 per sqft
20 Apr 2014RentedNew contract
AED 170,000/yr12 months · AED 73 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2024.

Key facts

Type
3-bed villa
Size
2,343 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,000 /yr
Last sold
AED 317K · August 2007
Community
The Springs 7

About S03/TH12, The Springs 7

S03/TH12 is a three-bedroom villa of 2,343 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 28 August 2007 for AED 317,444, or AED 135 per sqft, 50% below the AED 270 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 April 2024, is AED 152,000 a year: a gross yield of 47.9% on the 2007 price, before the service charge of about AED 5,000 a year.

Sales and rents for S03/TH12 over time

Sales
Villa S03/TH12, 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, August 2007: AED 317,444 (AED 135 per sqft)

S03/TH12 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH12, 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, April 2014: AED 170,000 a yearRenewal, April 2015: AED 178,500 a yearRenewal, April 2017: AED 198,000 a yearRenewal, June 2019: AED 135,000 a yearRenewal, June 2020: AED 115,000 a yearRenewal, June 2021: AED 115,000 a yearNew contract, April 2022: AED 140,000 a yearRenewal, April 2024: AED 152,000 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/TH12 sits

All 128 3-beds →

S03/TH12 last sold in August 2007 at AED 135 per sqft, 50% below what three-beds in The Springs 7 were fetching at the time (AED 270). 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/TH12's AED 152,000 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. 11 sold in the last 12 months.

Typical price per sqft
AED 2,133 Up 9.6%
Typical sale
AED 4.94M
Typical rent
AED 170K /yr
Typical yield
4.5%
The Springs 7, The Springs: prices, sales and rents →

S03/TH12, The Springs 7 in numbers

  • Sold once: by Emaar on 28 August 2007 for AED 317,444, or AED 135 per sqft.
  • Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 170,000 to AED 115,000 in 2021 and recovered to AED 152,000 by April 2024.
  • At AED 152,000 a year the gross yield on the 2007 price is 47.9%, before a service charge of about AED 5,000 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 2,133 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2024.

Questions about S03/TH12, The Springs 7

What did villa S03/TH12 last sell for?

AED 317,444 on 28 August 2007, sold by the developer: AED 135 per sqft for 2,343 sqft. It is the only registered sale of the villa.

What is the rent for villa S03/TH12?

AED 152,000 a year on the contract renewed on 15 April 2024. The previous contract, from April 2022, was AED 140,000; the villa has been rented since April 2014.

How big is villa S03/TH12?

2,343 sqft (217.7 sqm): a three-bedroom villa in The Springs 7, completed in 2004.

What is villa S03/TH12 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/TH12, The Springs 7

Starts from the last sale price (AED 317K, 28 August 2007). Switch to today's estimate once you have unlocked it.
Price
AED 317,444
Deposit, UAE resident (20%)
AED 63,489
Deposit, non-resident (40%)
AED 126,978
Monthly over 25 years at 3.7%
AED 1,299

Plus AED 16,243 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →