3-bed · 2,531 sqftThe Springs 7, The Springs · completed 2004

S04/TH24, The Springs 7

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH24 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 4.35M10 October 2024
Current rentAED 150K /yr22 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH24, The Springs 7

What is S04/TH24 worth today?

Last sold for AED 4,350,000 in 2024

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10 Oct 2024SoldReady
AED 4,350,000AED 1,718 per sqft
22 Aug 2024RentedNew contract
AED 150,000/yr12 months · AED 59 per sqft
10 Jun 2023RentedRenewal
AED 126,500/yr12 months · AED 50 per sqft
10 Jun 2022RentedRenewal
AED 115,000/yr12 months · AED 45 per sqft
10 Jun 2021RentedNew contract
AED 115,000/yr12 months · AED 45 per sqft
10 Jun 2020RentedRenewal
AED 115,000/yr12 months · AED 45 per sqft
10 Jun 2019RentedRenewal
AED 140,000/yr12 months · AED 55 per sqft
10 Jun 2016RentedRenewal
AED 185,000/yr12 months · AED 73 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.

Key facts

Type
3-bed villa
Size
2,531 sqft
Developer
Emaar
Completed
2004
Service charge
AED 5,400 /yr
Last sold
AED 4.35M · October 2024
Community
The Springs 7

About S04/TH24, The Springs 7

S04/TH24 is a three-bedroom villa of 2,531 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. It last sold on 10 October 2024 for AED 4,350,000, or AED 1,718 per sqft, 4% below the AED 1,784 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 22 August 2024, is AED 150,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 5,400 a year.

Sales and rents for S04/TH24 over time

Sales
Villa S04/TH24, 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, May 2008: AED 1,250,000 (AED 493 per sqft)Sold, October 2024: AED 4,350,000 (AED 1,718 per sqft)

S04/TH24 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S04/TH24, 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 2012: AED 132,000 a yearNew contract, February 2013: AED 132,000 a yearNew contract, June 2014: AED 185,000 a yearNew contract, June 2015: AED 185,000 a yearRenewal, June 2016: AED 185,000 a yearRenewal, June 2019: AED 140,000 a yearRenewal, June 2020: AED 115,000 a yearNew contract, June 2021: AED 115,000 a yearRenewal, June 2022: AED 115,000 a yearRenewal, June 2023: AED 126,500 a yearNew contract, August 2024: AED 150,000 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 S04/TH24 sits

All 128 3-beds →

S04/TH24 last sold in October 2024 at AED 1,718 per sqft, 4% below what three-beds in The Springs 7 were fetching at the time (AED 1,784). 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/TH24's AED 150,000 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 →

S04/TH24, The Springs 7 in numbers

  • Sold twice: first on 19 May 2008 for AED 1,250,000, last on 10 October 2024 for AED 4,350,000 (AED 1,718 per sqft).
  • Rented since February 2012 on 11 Ejari contracts. The rent fell from AED 132,000 to AED 115,000 in 2022 and recovered to AED 150,000 by August 2024.
  • At AED 150,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 5,400 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 10 October 2024.

Questions about S04/TH24, The Springs 7

What did villa S04/TH24 last sell for?

AED 4,350,000 on 10 October 2024: AED 1,718 per sqft for 2,531 sqft. The villa has 2 registered sales; the first was AED 1,250,000 in May 2008.

What is the rent for villa S04/TH24?

AED 150,000 a year on the contract signed on 22 August 2024. The previous contract, from June 2023, was AED 126,500; the villa has been rented since February 2012.

How big is villa S04/TH24?

2,531 sqft (235.1 sqm): a three-bedroom villa in The Springs 7, completed in 2004.

What is villa S04/TH24 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/TH24, The Springs 7

Starts from the last sale price (AED 4.35M, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,350,000
Deposit, UAE resident (20%)
AED 870,000
Deposit, non-resident (40%)
AED 1,740,000
Monthly over 25 years at 3.7%
AED 17,797

Plus AED 187,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →