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

S06/TH40, The Springs 7

Sold prices and rental history: sold once, by the developer in August 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH40 · DLD and Ejari recordsUpdated 21 January 2024
Last soldAED 561K9 August 2007
Current rentAED 230K /yr21 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH40, The Springs 7

What is S06/TH40 worth today?

Last sold for AED 560,944 in 2007

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21 Jan 2024RentedRenewal
AED 230,000/yr12 months · AED 79 per sqft
21 Jan 2023RentedNew contract
AED 230,000/yr12 months · AED 79 per sqft
30 Oct 2022RentedNew contract
AED 240,000/yr12 months · AED 83 per sqft
1 Jan 2017RentedNew contract
AED 214,424/yr12 months · AED 74 per sqft
15 Dec 2014RentedNew contract
AED 194,250/yr12 months · AED 67 per sqft
15 Dec 2013RentedNew contract
AED 194,250/yr12 months · AED 67 per sqft
9 Aug 2007Sold by developerReady
AED 560,944AED 193 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 January 2024.

Key facts

Type
3-bed villa
Size
2,901 sqft
Developer
Emaar
Completed
2004
Service charge
AED 6,200 /yr
Last sold
AED 561K · August 2007
Community
The Springs 7

About S06/TH40, The Springs 7

S06/TH40 is a three-bedroom villa of 2,901 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 9 August 2007 for AED 560,944, or AED 193 per sqft, 29% below the AED 270 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 21 January 2024, is AED 230,000 a year: a gross yield of 41.0% on the 2007 price, before the service charge of about AED 6,200 a year.

Sales and rents for S06/TH40 over time

Sales
Villa S06/TH40, 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 2007: AED 560,944 (AED 193 per sqft)

S06/TH40 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH40, 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, December 2013: AED 194,250 a yearNew contract, December 2014: AED 194,250 a yearNew contract, January 2017: AED 214,424 a yearNew contract, October 2022: AED 240,000 a yearNew contract, January 2023: AED 230,000 a yearRenewal, January 2024: AED 230,000 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/TH40 sits

All 128 3-beds →

S06/TH40 last sold in August 2007 at AED 193 per sqft, 29% below what three-beds in The Springs 7 were fetching at the time (AED 270). 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/TH40's AED 230,000 is in the lower 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. 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/TH40, The Springs 7 in numbers

  • Sold once: by Emaar on 9 August 2007 for AED 560,944, or AED 193 per sqft.
  • Rented since December 2013 on 6 Ejari contracts, from AED 194,250 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2007 price is 41.0%, 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 2,137 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 21 January 2024.

Questions about S06/TH40, The Springs 7

What did villa S06/TH40 last sell for?

AED 560,944 on 9 August 2007, sold by the developer: AED 193 per sqft for 2,901 sqft. It is the only registered sale of the villa.

What is the rent for villa S06/TH40?

AED 230,000 a year on the contract renewed on 21 January 2024. The previous contract, from January 2023, was AED 230,000; the villa has been rented since December 2013.

How big is villa S06/TH40?

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

What is villa S06/TH40 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/TH40, The Springs 7

Starts from the last sale price (AED 561K, 9 August 2007). Switch to today's estimate once you have unlocked it.
Price
AED 560,944
Deposit, UAE resident (20%)
AED 112,189
Deposit, non-resident (40%)
AED 224,378
Monthly over 25 years at 3.7%
AED 2,295

Plus AED 28,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →