3-bed · 2,204 sqftThe Springs 7, The Springs · completed 2004

S05/TH16, The Springs 7

Sold prices and rental history: sold 4 times, last in March 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH16 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 3.55M14 March 2017
Current rentAED 275K /yr7 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH16, The Springs 7

What is S05/TH16 worth today?

Last sold for AED 3,550,000 in 2017

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7 Oct 2024RentedRenewal
AED 275,000/yr12 months · AED 125 per sqft
7 Oct 2023RentedNew contract
AED 275,000/yr12 months · AED 125 per sqft
31 Mar 2022RentedRenewal
AED 150,000/yr12 months · AED 68 per sqft
31 Mar 2020RentedRenewal
AED 135,000/yr12 months · AED 61 per sqft
14 Mar 2017SoldReady
AED 3,550,000AED 1,610 per sqft
28 Feb 2017SoldReady
AED 2,550,000AED 1,156 per sqft
20 Dec 2016RentedRenewal
AED 173,600/yr3 months · AED 79 per sqft
20 Dec 2015RentedRenewal
AED 175,000/yr12 months · AED 79 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2024.

Key facts

Type
3-bed villa
Size
2,204 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,700 /yr
Last sold
AED 3.55M · March 2017
Community
The Springs 7

About S05/TH16, The Springs 7

S05/TH16 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 14 March 2017 for AED 3,550,000, or AED 1,610 per sqft, 55% above the AED 1,036 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 7 October 2024, is AED 275,000 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 4,700 a year.

Sales and rents for S05/TH16 over time

Sales
Villa S05/TH16, 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 2013: AED 748,888 (AED 339 per sqft)Sold, July 2013: AED 1,250,000 (AED 1,134 per sqft)Sold, February 2017: AED 2,550,000 (AED 1,156 per sqft)Sold, March 2017: AED 3,550,000 (AED 1,610 per sqft)

S05/TH16 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S05/TH16, each contractTypical three-bed in The Springs 7
100K200K300K2012201620202024Typical 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, December 2013: AED 175,000 a yearRenewal, December 2014: AED 175,000 a yearRenewal, December 2015: AED 175,000 a yearRenewal, December 2016: AED 173,600 a yearRenewal, March 2020: AED 135,000 a yearRenewal, March 2022: AED 150,000 a yearNew contract, October 2023: AED 275,000 a yearRenewal, October 2024: AED 275,000 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/TH16 sits

All 128 3-beds →

S05/TH16 last sold in March 2017 at AED 1,610 per sqft, 55% above what three-beds in The Springs 7 were fetching at the time (AED 1,036). 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/TH16's AED 275,000 is in the upper half 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 →

S05/TH16, The Springs 7 in numbers

  • Sold 4 times: first on 5 May 2013 for AED 748,888, last on 14 March 2017 for AED 3,550,000 (AED 1,610 per sqft).
  • Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 175,000 to AED 135,000 in 2020 and recovered to AED 275,000 by October 2024.
  • At AED 275,000 a year the gross yield on the 2017 price is 7.8%, 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 2,133 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2024.

Questions about S05/TH16, The Springs 7

What did villa S05/TH16 last sell for?

AED 3,550,000 on 14 March 2017: AED 1,610 per sqft for 2,204 sqft. The villa has 4 registered sales; the first was AED 748,888 in May 2013.

What is the rent for villa S05/TH16?

AED 275,000 a year on the contract renewed on 7 October 2024. The previous contract, from October 2023, was AED 275,000; the villa has been rented since December 2013.

How big is villa S05/TH16?

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

What is villa S05/TH16 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 S05/TH16, The Springs 7

Starts from the last sale price (AED 3.55M, 14 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

Plus AED 154,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →