2-bed · 1,642 sqftThe Springs 7, The Springs · completed 2004

S06/TH15, The Springs 7

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH15 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 2.55M1 May 2024
Current rentAED 155K /yr18 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH15, The Springs 7

What is S06/TH15 worth today?

Last sold for AED 2,550,000 in 2024

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18 Jul 2024RentedRenewal
AED 155,000/yr12 months · AED 94 per sqft
1 May 2024SoldReady
AED 2,550,000AED 1,553 per sqft
18 Jul 2023RentedNew contract
AED 155,000/yr12 months · AED 94 per sqft
1 Dec 2022RentedRenewal
AED 99,225/yr12 months · AED 60 per sqft
23 Nov 2021SoldReady
AED 1,730,000AED 1,053 per sqft
1 Dec 2020RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
18 Jul 2013SoldReady
AED 1,770,000AED 1,078 per sqft
22 Aug 2010Sold by developerReady
AED 825,000AED 502 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 July 2024.

Key facts

Type
2-bed villa
Size
1,642 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 2.55M · May 2024
Community
The Springs 7

About S06/TH15, The Springs 7

S06/TH15 is a two-bedroom villa of 1,642 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. It last sold on 1 May 2024 for AED 2,550,000, or AED 1,553 per sqft, 4% above the AED 1,487 two-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 18 July 2024, is AED 155,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 3,500 a year.

Sales and rents for S06/TH15 over time

Sales
Villa S06/TH15, 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, August 2010: AED 825,000 (AED 502 per sqft)Sold, July 2013: AED 1,770,000 (AED 1,078 per sqft)Sold, November 2021: AED 1,730,000 (AED 1,053 per sqft)Sold, May 2024: AED 2,550,000 (AED 1,553 per sqft)

S06/TH15 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S06/TH15, 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, December 2020: AED 90,000 a yearRenewal, December 2022: AED 99,225 a yearNew contract, July 2023: AED 155,000 a yearRenewal, July 2024: AED 155,000 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 S06/TH15 sits

All 112 2-beds →

S06/TH15 last sold in May 2024 at AED 1,553 per sqft, 4% above what two-beds in The Springs 7 were fetching at the time (AED 1,487). 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. S06/TH15's AED 155,000 is in the lower half 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 →

S06/TH15, The Springs 7 in numbers

  • Sold 4 times: first on 22 August 2010 for AED 825,000, last on 1 May 2024 for AED 2,550,000 (AED 1,553 per sqft).
  • Rented since December 2020 on 4 Ejari contracts, from AED 90,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 3,500 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 18 July 2024.

Questions about S06/TH15, The Springs 7

What did villa S06/TH15 last sell for?

AED 2,550,000 on 1 May 2024: AED 1,553 per sqft for 1,642 sqft. The villa has 4 registered sales; the first was AED 825,000 in August 2010.

What is the rent for villa S06/TH15?

AED 155,000 a year on the contract renewed on 18 July 2024. The previous contract, from July 2023, was AED 155,000; the villa has been rented since December 2020.

How big is villa S06/TH15?

1,642 sqft (152.5 sqm): a two-bedroom villa in The Springs 7, completed in 2004.

What is villa S06/TH15 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 S06/TH15, The Springs 7

Starts from the last sale price (AED 2.55M, 1 May 2024). 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 →