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3-bed · 2,221 sqftThe Springs 7, The Springs · completed 2004

S07/TH15, The Springs 7

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH15 · DLD and Ejari recordsUpdated 7 August 2022
Last soldAED 728K30 August 2010
Current rentAED 129K /yr7 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH15, The Springs 7

What is S07/TH15 worth today?

Last sold for AED 727,888 in 2010

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7 Aug 2022RentedRenewal
AED 129,250/yr12 months · AED 58 per sqft
7 Aug 2021RentedRenewal
AED 117,500/yr12 months · AED 53 per sqft
7 Aug 2020RentedNew contract
AED 117,500/yr12 months · AED 53 per sqft
25 Jul 2019RentedRenewal
AED 135,000/yr12 months · AED 61 per sqft
25 Jul 2018RentedNew contract
AED 135,000/yr12 months · AED 61 per sqft
27 Dec 2016RentedRenewal
AED 168,000/yr12 months · AED 76 per sqft
27 Dec 2015RentedNew contract
AED 168,000/yr12 months · AED 76 per sqft
21 Oct 2013RentedNew contract
AED 148,000/yr12 months · AED 67 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 August 2022.

Key facts

Type
3-bed villa
Size
2,221 sqft
Developer
Emaar
Completed
2004
Service charge
AED 4,700 /yr
Last sold
AED 728K · August 2010
Community
The Springs 7

About S07/TH15, The Springs 7

S07/TH15 is a three-bedroom villa of 2,221 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 30 August 2010 for AED 727,888, or AED 327 per sqft, 9% below the AED 361 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 August 2022, is AED 129,250 a year: a gross yield of 17.8% on the 2010 price, before the service charge of about AED 4,700 a year.

Sales and rents for S07/TH15 over time

Sales
Villa S07/TH15, 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 727,888 (AED 327 per sqft)

S07/TH15 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S07/TH15, 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, October 2013: AED 148,000 a yearNew contract, December 2015: AED 168,000 a yearRenewal, December 2016: AED 168,000 a yearNew contract, July 2018: AED 135,000 a yearRenewal, July 2019: AED 135,000 a yearNew contract, August 2020: AED 117,500 a yearRenewal, August 2021: AED 117,500 a yearRenewal, August 2022: AED 129,250 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 S07/TH15 sits

All 128 3-beds →

S07/TH15 last sold in August 2010 at AED 327 per sqft, 9% below what three-beds in The Springs 7 were fetching at the time (AED 361). 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. S07/TH15's AED 129,250 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 →

S07/TH15, The Springs 7 in numbers

  • Sold once: by Emaar on 30 August 2010 for AED 727,888, or AED 327 per sqft.
  • Rented since October 2013 on 8 Ejari contracts, from AED 148,000 to AED 129,250 a year.
  • At AED 129,250 a year the gross yield on the 2010 price is 17.8%, 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 2,137 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 August 2022.

Questions about S07/TH15, The Springs 7

What did villa S07/TH15 last sell for?

AED 727,888 on 30 August 2010, sold by the developer: AED 327 per sqft for 2,221 sqft. It is the only registered sale of the villa.

What is the rent for villa S07/TH15?

AED 129,250 a year on the contract renewed on 7 August 2022. The previous contract, from August 2021, was AED 117,500; the villa has been rented since October 2013.

How big is villa S07/TH15?

2,221 sqft (206.3 sqm): a three-bedroom villa in The Springs 7, completed in 2004.

What is villa S07/TH15 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 S07/TH15, The Springs 7

Starts from the last sale price (AED 728K, 30 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 727,888
Deposit, UAE resident (20%)
AED 145,578
Deposit, non-resident (40%)
AED 291,155
Monthly over 25 years at 3.7%
AED 2,978

Plus AED 35,582 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →