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3-bed · 2,305 sqftThe Springs 7, The Springs · completed 2004

S04/TH29, The Springs 7

Sold prices and rental history: sold 4 times, last in July 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/TH29 · DLD and Ejari recordsUpdated 13 July 2023
Last soldAED 3.2M13 July 2023
Current rentAED 115K /yr15 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH29, The Springs 7

What is S04/TH29 worth today?

Last sold for AED 3,200,000 in 2023

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13 Jul 2023SoldReady
AED 3,200,000AED 1,388 per sqft
7 Dec 2022SoldReady
AED 2,400,000AED 1,041 per sqft
15 Mar 2022RentedRenewal
AED 115,000/yr12 months · AED 50 per sqft
15 Mar 2020RentedNew contract
AED 100,000/yr12 months · AED 43 per sqft
1 Jan 2019RentedNew contract
AED 115,000/yr12 months · AED 50 per sqft
1 Dec 2016RentedRenewal
AED 158,000/yr12 months · AED 69 per sqft
1 Dec 2015RentedRenewal
AED 167,475/yr12 months · AED 73 per sqft
1 Dec 2013RentedNew contract
AED 145,000/yr12 months · AED 63 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 July 2023.

Key facts

Type
3-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,900 /yr
Last sold
AED 3.2M · July 2023
Community
The Springs 7

About S04/TH29, The Springs 7

S04/TH29 is a three-bedroom villa of 2,305 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. It last sold on 13 July 2023 for AED 3,200,000, or AED 1,388 per sqft, 7% above the AED 1,297 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 15 March 2022, is AED 115,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 4,900 a year.

Sales and rents for S04/TH29 over time

Sales
Villa S04/TH29, 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 2,500,000 (AED 1,084 per sqft)Sold, October 2013: AED 2,600,000 (AED 1,128 per sqft)Sold, December 2022: AED 2,400,000 (AED 1,041 per sqft)Sold, July 2023: AED 3,200,000 (AED 1,388 per sqft)

S04/TH29 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S04/TH29, 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, June 2013: AED 150,000 a yearNew contract, December 2013: AED 145,000 a yearRenewal, December 2015: AED 167,475 a yearRenewal, December 2016: AED 158,000 a yearNew contract, January 2019: AED 115,000 a yearNew contract, March 2020: AED 100,000 a yearRenewal, March 2022: AED 115,000 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/TH29 sits

All 128 3-beds →

S04/TH29 last sold in July 2023 at AED 1,388 per sqft, 7% above what three-beds in The Springs 7 were fetching at the time (AED 1,297). 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/TH29's AED 115,000 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 9.5%
Typical sale
AED 4.94M
Typical rent
AED 170K /yr
Typical yield
4.5%
The Springs 7, The Springs: prices, sales and rents →

S04/TH29, The Springs 7 in numbers

  • Sold 4 times: first on 1 May 2008 for AED 2,500,000, last on 13 July 2023 for AED 3,200,000 (AED 1,388 per sqft).
  • Rented since June 2013 on 7 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2020 and recovered to AED 115,000 by March 2022.
  • At AED 115,000 a year the gross yield on the 2023 price is 3.6%, 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 2,133 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 13 July 2023.

Questions about S04/TH29, The Springs 7

What did villa S04/TH29 last sell for?

AED 3,200,000 on 13 July 2023: AED 1,388 per sqft for 2,305 sqft. The villa has 4 registered sales; the first was AED 2,500,000 in May 2008.

What is the rent for villa S04/TH29?

AED 115,000 a year on the contract renewed on 15 March 2022. The previous contract, from March 2020, was AED 100,000; the villa has been rented since June 2013.

How big is villa S04/TH29?

2,305 sqft (214.1 sqm): a three-bedroom villa in The Springs 7, completed in 2004.

What is villa S04/TH29 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/TH29, The Springs 7

Starts from the last sale price (AED 3.2M, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →