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2-bed · 1,630 sqftThe Springs 7, The Springs · completed 2004

S04/TH16, The Springs 7

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH16 · DLD and Ejari recordsUpdated 1 July 2020
Last soldAED 451K5 March 2014
Current rentAED 80K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH16, The Springs 7

What is S04/TH16 worth today?

Last sold for AED 450,888 in 2014

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1 Jul 2020RentedRenewal
AED 80,000/yr12 months · AED 49 per sqft
1 Jul 2019RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft
1 Jul 2018RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
1 Jul 2017RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
1 Jul 2015RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
5 Mar 2014Sold by developerReady
AED 450,888AED 276 per sqft
1 Jul 2013RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2020.

Key facts

Type
2-bed villa
Size
1,630 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 451K · March 2014
Community
The Springs 7

About S04/TH16, The Springs 7

S04/TH16 is a two-bedroom villa of 1,630 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 5 March 2014 for AED 450,888, or AED 276 per sqft, 74% below the AED 1,048 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 July 2020, is AED 80,000 a year: a gross yield of 17.7% on the 2014 price, before the service charge of about AED 3,500 a year.

Sales and rents for S04/TH16 over time

Sales
Villa S04/TH16, 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, March 2014: AED 450,888 (AED 276 per sqft)

S04/TH16 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH16, 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, July 2013: AED 85,000 a yearRenewal, July 2015: AED 100,000 a yearRenewal, July 2017: AED 100,000 a yearRenewal, July 2018: AED 100,000 a yearRenewal, July 2019: AED 95,000 a yearRenewal, July 2020: AED 80,000 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 S04/TH16 sits

All 112 2-beds →

S04/TH16 last sold in March 2014 at AED 276 per sqft, 74% below what two-beds in The Springs 7 were fetching at the time (AED 1,048). 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. S04/TH16's AED 80,000 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
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 →

S04/TH16, The Springs 7 in numbers

  • Sold once: by Emaar on 5 March 2014 for AED 450,888, or AED 276 per sqft.
  • Rented since July 2013 on 6 Ejari contracts, from AED 85,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2014 price is 17.7%, before a service charge of about AED 3,500 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 1 July 2020.

Questions about S04/TH16, The Springs 7

What did villa S04/TH16 last sell for?

AED 450,888 on 5 March 2014, sold by the developer: AED 276 per sqft for 1,630 sqft. It is the only registered sale of the villa.

What is the rent for villa S04/TH16?

AED 80,000 a year on the contract renewed on 1 July 2020. The previous contract, from July 2019, was AED 95,000; the villa has been rented since July 2013.

How big is villa S04/TH16?

1,630 sqft (151.4 sqm): a two-bedroom villa in The Springs 7, completed in 2004.

What is villa S04/TH16 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 S04/TH16, The Springs 7

Starts from the last sale price (AED 451K, 5 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 450,888
Deposit, UAE resident (20%)
AED 90,178
Deposit, non-resident (40%)
AED 180,355
Monthly over 25 years at 3.7%
AED 1,845

Plus AED 21,848 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →