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2-bed · 1,636 sqftThe Springs 7, The Springs · completed 2004

S07/TH38, The Springs 7

Sold prices and rental history: sold 4 times, last in March 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH38 · DLD and Ejari recordsUpdated 23 March 2017
Last soldAED 1.85M23 March 2017
Current rentAED 110K /yr15 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH38, The Springs 7

What is S07/TH38 worth today?

Last sold for AED 1,850,000 in 2017

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23 Mar 2017SoldReady
AED 1,850,000AED 1,130 per sqft
15 Jul 2015RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
15 Jul 2014RentedNew contract
AED 104,500/yr12 months · AED 64 per sqft
15 Jul 2013RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
15 Jul 2012RentedNew contract
AED 88,000/yr11 months · AED 54 per sqft
29 Jan 2009SoldReady
AED 2,875,000AED 1,756 per sqft
18 May 2008SoldReady
AED 950,000AED 580 per sqft
5 Jun 2007Sold by developerReady
AED 275,444AED 168 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 March 2017.

Key facts

Type
2-bed villa
Size
1,636 sqft
Developer
Emaar
Completed
2004
Service charge
AED 3,500 /yr
Last sold
AED 1.85M · March 2017
Community
The Springs 7

About S07/TH38, The Springs 7

S07/TH38 is a two-bedroom villa of 1,636 sqft in The Springs 7, a villa community in The Springs completed in 2004 by Emaar. It last sold on 23 March 2017 for AED 1,850,000, or AED 1,130 per sqft, in line with the AED 1,123 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 15 July 2015, is AED 110,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 3,500 a year.

Sales and rents for S07/TH38 over time

Sales
Villa S07/TH38, 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 275,444 (AED 168 per sqft)Sold, May 2008: AED 950,000 (AED 580 per sqft)Sold, January 2009: AED 2,875,000 (AED 1,756 per sqft)Sold, March 2017: AED 1,850,000 (AED 1,130 per sqft)

S07/TH38 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S07/TH38, 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, July 2012: AED 88,000 a yearNew contract, July 2013: AED 95,000 a yearNew contract, July 2014: AED 104,500 a yearNew contract, July 2015: AED 110,000 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/TH38 sits

All 112 2-beds →

S07/TH38 last sold in March 2017 at AED 1,130 per sqft, in line with what two-beds in The Springs 7 were fetching at the time (AED 1,123). 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/TH38's AED 110,000 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/TH38, The Springs 7 in numbers

  • Sold 4 times: first on 5 June 2007 for AED 275,444, last on 23 March 2017 for AED 1,850,000 (AED 1,130 per sqft).
  • Rented since July 2012 on 4 Ejari contracts, from AED 88,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2017 price is 5.9%, 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 23 March 2017.

Questions about S07/TH38, The Springs 7

What did villa S07/TH38 last sell for?

AED 1,850,000 on 23 March 2017: AED 1,130 per sqft for 1,636 sqft. The villa has 4 registered sales; the first was AED 275,444 in June 2007.

What is the rent for villa S07/TH38?

AED 110,000 a year on the contract signed on 15 July 2015. The previous contract, from July 2014, was AED 104,500; the villa has been rented since July 2012.

How big is villa S07/TH38?

1,636 sqft (152.0 sqm): a two-bedroom villa in The Springs 7, completed in 2004.

What is villa S07/TH38 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/TH38, The Springs 7

Starts from the last sale price (AED 1.85M, 23 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →