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2-bed · 1,762 sqftThe Springs 7, The Springs · completed 2004

S07/TH24, The Springs 7

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

Villa S07/TH24 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 588K20 June 2007
Current rentAED 160K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH24, The Springs 7

What is S07/TH24 worth today?

Last sold for AED 587,888 in 2007

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1 Mar 2024RentedRenewal
AED 160,000/yr12 months · AED 91 per sqft
1 Mar 2023RentedNew contract
AED 155,000/yr12 months · AED 88 per sqft
5 Oct 2022RentedRenewal
AED 105,000/yr3 months · AED 60 per sqft
5 Oct 2021RentedNew contract
AED 105,000/yr12 months · AED 60 per sqft
27 Jun 2020RentedNew contract
AED 102,000/yr13 months · AED 58 per sqft
27 Jun 2018RentedNew contract
AED 105,000/yr12 months · AED 60 per sqft
3 Jun 2016RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft
1 Jun 2015RentedRenewal
AED 145,000/yr12 months · AED 82 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Key facts

Type
2-bed villa
Size
1,762 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,800 /yr
Last sold
AED 588K · June 2007
Community
The Springs 7

About S07/TH24, The Springs 7

S07/TH24 is a two-bedroom villa of 1,762 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. The developer sold it on 20 June 2007 for AED 587,888, or AED 333 per sqft, 19% above the AED 280 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 160,000 a year: a gross yield of 27.2% on the 2007 price, before the service charge of about AED 3,800 a year.

Sales and rents for S07/TH24 over time

Sales
Villa S07/TH24, 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, June 2007: AED 587,888 (AED 333 per sqft)

S07/TH24 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S07/TH24, 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, April 2013: AED 88,500 a yearNew contract, June 2014: AED 145,000 a yearRenewal, June 2015: AED 145,000 a yearNew contract, June 2016: AED 140,000 a yearNew contract, June 2018: AED 105,000 a yearNew contract, June 2020: AED 102,000 a yearNew contract, October 2021: AED 105,000 a yearRenewal, October 2022: AED 105,000 a yearNew contract, March 2023: AED 155,000 a yearRenewal, March 2024: AED 160,000 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 S07/TH24 sits

All 112 2-beds →

S07/TH24 last sold in June 2007 at AED 333 per sqft, 19% above what two-beds in The Springs 7 were fetching at the time (AED 280). 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. S07/TH24's AED 160,000 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 →

S07/TH24, The Springs 7 in numbers

  • Sold once: by Emaar on 20 June 2007 for AED 587,888, or AED 333 per sqft.
  • Rented since April 2013 on 10 Ejari contracts, from AED 88,500 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2007 price is 27.2%, before a service charge of about AED 3,800 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 1 March 2024.

Questions about S07/TH24, The Springs 7

What did villa S07/TH24 last sell for?

AED 587,888 on 20 June 2007, sold by the developer: AED 333 per sqft for 1,762 sqft. It is the only registered sale of the villa.

What is the rent for villa S07/TH24?

AED 160,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 155,000; the villa has been rented since April 2013.

How big is villa S07/TH24?

1,762 sqft (163.7 sqm): a two-bedroom villa in The Springs 7, completed in 2004.

What is villa S07/TH24 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 S07/TH24, The Springs 7

Starts from the last sale price (AED 588K, 20 June 2007). Switch to today's estimate once you have unlocked it.
Price
AED 587,888
Deposit, UAE resident (20%)
AED 117,578
Deposit, non-resident (40%)
AED 235,155
Monthly over 25 years at 3.7%
AED 2,405

Plus AED 29,702 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →