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2-bed · 1,764 sqftThe Springs 7, The Springs · completed 2004

S04/TH58, The Springs 7

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

Villa S04/TH58 · DLD and Ejari recordsUpdated 5 July 2020
Last soldAED 1.83M24 April 2013
Current rentAED 70K /yr5 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH58, The Springs 7

What is S04/TH58 worth today?

Last sold for AED 1,825,000 in 2013

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5 Jul 2020RentedNew contract
AED 70,000/yr12 months · AED 40 per sqft
18 Oct 2019RentedRenewal
AED 115,000/yr12 months · AED 65 per sqft
18 Oct 2018RentedRenewal
AED 125,000/yr12 months · AED 71 per sqft
18 Oct 2017RentedRenewal
AED 140,000/yr12 months · AED 79 per sqft
18 Oct 2016RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft
22 May 2014RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
24 Apr 2013SoldReady
AED 1,825,000AED 1,034 per sqft
8 May 2008Sold by developerReady
AED 821,256AED 465 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 July 2020.

Key facts

Type
2-bed villa
Size
1,764 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 1.83M · April 2013
Community
The Springs 7

About S04/TH58, The Springs 7

S04/TH58 is a two-bedroom villa of 1,764 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. It last sold on 24 April 2013 for AED 1,825,000, or AED 1,034 per sqft, 21% above the AED 858 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 5 July 2020, is AED 70,000 a year: a gross yield of 3.8% on the 2013 price, before the service charge of about AED 3,800 a year.

Sales and rents for S04/TH58 over time

Sales
Villa S04/TH58, 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, May 2008: AED 821,256 (AED 465 per sqft)Sold, April 2013: AED 1,825,000 (AED 1,034 per sqft)

S04/TH58 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH58, 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, May 2014: AED 145,000 a yearNew contract, October 2016: AED 140,000 a yearRenewal, October 2017: AED 140,000 a yearRenewal, October 2018: AED 125,000 a yearRenewal, October 2019: AED 115,000 a yearNew contract, July 2020: AED 70,000 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/TH58 sits

All 112 2-beds →

S04/TH58 last sold in April 2013 at AED 1,034 per sqft, 21% above what two-beds in The Springs 7 were fetching at the time (AED 858). Over the last 12 months two-beds sold for AED 170,190 to 3,775,000, around AED 2,096 per sqft, and rent for AED 85,000 to 245,000 a year. S04/TH58's AED 70,000 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
5 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. 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/TH58, The Springs 7 in numbers

  • Sold twice: first on 8 May 2008 for AED 821,256, last on 24 April 2013 for AED 1,825,000 (AED 1,034 per sqft).
  • Rented since May 2014 on 6 Ejari contracts, from AED 145,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2013 price is 3.8%, before a service charge of about AED 3,800 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 7 sold for AED 170,190–3,775,000 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 5 July 2020.

Questions about S04/TH58, The Springs 7

What did villa S04/TH58 last sell for?

AED 1,825,000 on 24 April 2013: AED 1,034 per sqft for 1,764 sqft. The villa has 2 registered sales; the first was AED 821,256 in May 2008.

What is the rent for villa S04/TH58?

AED 70,000 a year on the contract signed on 5 July 2020. The previous contract, from October 2019, was AED 115,000; the villa has been rented since May 2014.

How big is villa S04/TH58?

1,764 sqft (163.9 sqm): a two-bedroom villa in The Springs 7, completed in 2004.

What is villa S04/TH58 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 3,775,000 in the last 12 months, around AED 2,096 per sqft.

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Mortgage on S04/TH58, The Springs 7

Starts from the last sale price (AED 1.83M, 24 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,825,000
Deposit, UAE resident (20%)
AED 365,000
Deposit, non-resident (40%)
AED 730,000
Monthly over 25 years at 3.7%
AED 7,467

Plus AED 81,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →