Home
Dubai prices
About
Research
3-bed · 2,204 sqftThe Springs 7, The Springs · completed 2004

S05/TH02, The Springs 7

Sold prices and rental history: sold 3 times, last in October 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH02 · DLD and Ejari recordsUpdated 28 October 2015
Last soldAED 2.55M28 October 2015
Current rentAED 140K /yr1 March 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH02, The Springs 7

What is S05/TH02 worth today?

Last sold for AED 2,550,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Oct 2015SoldReady
AED 2,550,000AED 1,156 per sqft
30 Jun 2015SoldReady
AED 2,255,000AED 1,022 per sqft
1 Mar 2015RentedRenewal
AED 140,000/yr12 months · AED 64 per sqft
1 Mar 2013RentedNew contract
AED 140,000/yr12 months · AED 64 per sqft
21 Jun 2007Sold by developerReady
AED 806,888AED 366 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 October 2015.

Key facts

Type
3-bed villa
Size
2,204 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,700 /yr
Last sold
AED 2.55M · October 2015
Community
The Springs 7

About S05/TH02, The Springs 7

S05/TH02 is a three-bedroom villa of 2,204 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. It last sold on 28 October 2015 for AED 2,550,000, or AED 1,156 per sqft, 5% above the AED 1,097 three-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 1 March 2015, is AED 140,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 4,700 a year.

Sales and rents for S05/TH02 over time

Sales
Villa S05/TH02, 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 806,888 (AED 366 per sqft)Sold, June 2015: AED 2,255,000 (AED 1,022 per sqft)Sold, October 2015: AED 2,550,000 (AED 1,156 per sqft)

S05/TH02 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S05/TH02, 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, March 2013: AED 140,000 a yearRenewal, March 2015: AED 140,000 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 S05/TH02 sits

All 128 3-beds →

S05/TH02 last sold in October 2015 at AED 1,156 per sqft, 5% above what three-beds in The Springs 7 were fetching at the time (AED 1,097). 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. S05/TH02's AED 140,000 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. 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 →

S05/TH02, The Springs 7 in numbers

  • Sold 3 times: first on 21 June 2007 for AED 806,888, last on 28 October 2015 for AED 2,550,000 (AED 1,156 per sqft).
  • Rented since March 2013 on 2 Ejari contracts, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 4,700 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 28 October 2015.

Questions about S05/TH02, The Springs 7

What did villa S05/TH02 last sell for?

AED 2,550,000 on 28 October 2015: AED 1,156 per sqft for 2,204 sqft. The villa has 3 registered sales; the first was AED 806,888 in June 2007.

What is the rent for villa S05/TH02?

AED 140,000 a year on the contract renewed on 1 March 2015. The previous contract, from March 2013, was AED 140,000.

How big is villa S05/TH02?

2,204 sqft (204.8 sqm): a three-bedroom villa in The Springs 7, completed in 2004.

What is villa S05/TH02 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.

Selling S05/TH02? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S05/TH02, The Springs 7

Starts from the last sale price (AED 2.55M, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →