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3-bed · 2,901 sqftThe Springs 7, The Springs · completed 2004

S06/TH38, The Springs 7

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH38 · DLD and Ejari recordsUpdated 14 April 2022
Last soldAED 3.65M14 April 2022
Current rentAED 148K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH38, The Springs 7

What is S06/TH38 worth today?

Last sold for AED 3,650,000 in 2022

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14 Apr 2022SoldReady
AED 3,650,000AED 1,258 per sqft
1 Jun 2021RentedNew contract
AED 148,000/yr6 months · AED 51 per sqft
18 May 2021SoldReady
AED 3,000,000AED 1,034 per sqft
1 Dec 2020RentedNew contract
AED 148,000/yr12 months · AED 51 per sqft
1 Dec 2019RentedRenewal
AED 160,000/yr12 months · AED 55 per sqft
1 Dec 2018RentedRenewal
AED 165,000/yr12 months · AED 57 per sqft
1 Dec 2017RentedRenewal
AED 175,000/yr12 months · AED 60 per sqft
1 Dec 2016RentedNew contract
AED 185,000/yr12 months · AED 64 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 April 2022.

Key facts

Type
3-bed villa
Size
2,901 sqft
Developer
Emaar
Completed
2004
Service charge
AED 6,200 /yr
Last sold
AED 3.65M · April 2022
Community
The Springs 7

About S06/TH38, The Springs 7

S06/TH38 is a three-bedroom villa of 2,901 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. It last sold on 14 April 2022 for AED 3,650,000, or AED 1,258 per sqft, 21% above the AED 1,039 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 June 2021, is AED 148,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 6,200 a year.

Sales and rents for S06/TH38 over time

Sales
Villa S06/TH38, 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, August 2010: AED 1,350,000 (AED 465 per sqft)Sold, May 2021: AED 3,000,000 (AED 1,034 per sqft)Sold, April 2022: AED 3,650,000 (AED 1,258 per sqft)

S06/TH38 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH38, 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, January 2013: AED 170,000 a yearNew contract, March 2014: AED 210,000 a yearRenewal, March 2015: AED 210,000 a yearRenewal, March 2016: AED 210,000 a yearNew contract, December 2016: AED 185,000 a yearRenewal, December 2017: AED 175,000 a yearRenewal, December 2018: AED 165,000 a yearRenewal, December 2019: AED 160,000 a yearNew contract, December 2020: AED 148,000 a yearNew contract, June 2021: AED 148,000 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 S06/TH38 sits

All 128 3-beds →

S06/TH38 last sold in April 2022 at AED 1,258 per sqft, 21% above what three-beds in The Springs 7 were fetching at the time (AED 1,039). 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. S06/TH38's AED 148,000 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 →

S06/TH38, The Springs 7 in numbers

  • Sold 3 times: first on 10 August 2010 for AED 1,350,000, last on 14 April 2022 for AED 3,650,000 (AED 1,258 per sqft).
  • Rented since January 2013 on 10 Ejari contracts, from AED 170,000 to AED 148,000 a year.
  • At AED 148,000 a year the gross yield on the 2022 price is 4.0%, before a service charge of about AED 6,200 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 14 April 2022.

Questions about S06/TH38, The Springs 7

What did villa S06/TH38 last sell for?

AED 3,650,000 on 14 April 2022: AED 1,258 per sqft for 2,901 sqft. The villa has 3 registered sales; the first was AED 1,350,000 in August 2010.

What is the rent for villa S06/TH38?

AED 148,000 a year on the contract signed on 1 June 2021. The previous contract, from December 2020, was AED 148,000; the villa has been rented since January 2013.

How big is villa S06/TH38?

2,901 sqft (269.5 sqm): a three-bedroom villa in The Springs 7, completed in 2004.

What is villa S06/TH38 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 S06/TH38, The Springs 7

Starts from the last sale price (AED 3.65M, 14 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

Plus AED 158,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →