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3-bed · 2,290 sqftThe Springs 7, The Springs · completed 2004

S04/TH22, The Springs 7

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH22 · DLD and Ejari recordsUpdated 30 August 2023
Last soldAED 3.1M30 August 2023
Current rentAED 127K /yr3 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH22, The Springs 7

What is S04/TH22 worth today?

Last sold for AED 3,100,000 in 2023

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30 Aug 2023SoldReady
AED 3,100,000AED 1,353 per sqft
3 Feb 2023RentedRenewal
AED 126,500/yr12 months · AED 55 per sqft
3 Feb 2022RentedRenewal
AED 115,000/yr12 months · AED 50 per sqft
3 Feb 2020RentedNew contract
AED 100,000/yr12 months · AED 44 per sqft
15 Sep 2019RentedRenewal
AED 115,000/yr12 months · AED 50 per sqft
15 Sep 2018RentedNew contract
AED 125,000/yr12 months · AED 55 per sqft
1 Jul 2017RentedNew contract
AED 140,000/yr12 months · AED 61 per sqft
1 Dec 2015RentedNew contract
AED 160,000/yr12 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 August 2023.

Key facts

Type
3-bed villa
Size
2,290 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,900 /yr
Last sold
AED 3.1M · August 2023
Community
The Springs 7

About S04/TH22, The Springs 7

S04/TH22 is a three-bedroom villa of 2,290 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. It last sold on 30 August 2023 for AED 3,100,000, or AED 1,353 per sqft, in line with the AED 1,353 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 3 February 2023, is AED 126,500 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 4,900 a year.

Sales and rents for S04/TH22 over time

Sales
Villa S04/TH22, 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, June 2007: AED 330,444 (AED 144 per sqft)Sold, August 2023: AED 3,100,000 (AED 1,353 per sqft)

S04/TH22 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S04/TH22, 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, February 2013: AED 140,000 a yearNew contract, December 2015: AED 160,000 a yearNew contract, July 2017: AED 140,000 a yearNew contract, September 2018: AED 125,000 a yearRenewal, September 2019: AED 115,000 a yearNew contract, February 2020: AED 100,000 a yearRenewal, February 2022: AED 115,000 a yearRenewal, February 2023: AED 126,500 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 S04/TH22 sits

All 128 3-beds →

S04/TH22 last sold in August 2023 at AED 1,353 per sqft, in line with what three-beds in The Springs 7 were fetching at the time (AED 1,353). 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. S04/TH22's AED 126,500 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 →

S04/TH22, The Springs 7 in numbers

  • Sold twice: first on 5 June 2007 for AED 330,444, last on 30 August 2023 for AED 3,100,000 (AED 1,353 per sqft).
  • Rented since February 2013 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 100,000 in 2020 and recovered to AED 126,500 by February 2023.
  • At AED 126,500 a year the gross yield on the 2023 price is 4.1%, before a service charge of about AED 4,900 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 30 August 2023.

Questions about S04/TH22, The Springs 7

What did villa S04/TH22 last sell for?

AED 3,100,000 on 30 August 2023: AED 1,353 per sqft for 2,290 sqft. The villa has 2 registered sales; the first was AED 330,444 in June 2007.

What is the rent for villa S04/TH22?

AED 126,500 a year on the contract renewed on 3 February 2023. The previous contract, from February 2022, was AED 115,000; the villa has been rented since February 2013.

How big is villa S04/TH22?

2,290 sqft (212.7 sqm): a three-bedroom villa in The Springs 7, completed in 2004.

What is villa S04/TH22 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 S04/TH22, The Springs 7

Starts from the last sale price (AED 3.1M, 30 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →