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3-bed · 2,346 sqftThe Springs 8, The Springs · completed 2005

S02/TH06, The Springs 8

Sold prices and rental history: sold twice, last in July 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH06 · DLD and Ejari recordsUpdated 12 November 2022
Last soldAED 2.81M23 July 2014
Current rentAED 129K /yr12 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH06, The Springs 8

What is S02/TH06 worth today?

Last sold for AED 2,810,000 in 2014

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12 Nov 2022RentedRenewal
AED 128,700/yr11 months · AED 55 per sqft
12 Nov 2021RentedRenewal
AED 128,700/yr12 months · AED 55 per sqft
12 Oct 2020RentedNew contract
AED 108,000/yr13 months · AED 46 per sqft
12 Oct 2019RentedNew contract
AED 135,000/yr12 months · AED 58 per sqft
12 Oct 2018RentedRenewal
AED 150,000/yr12 months · AED 64 per sqft
12 Oct 2017RentedNew contract
AED 150,000/yr12 months · AED 64 per sqft
8 Oct 2016RentedRenewal
AED 170,000/yr12 months · AED 72 per sqft
8 Oct 2015RentedNew contract
AED 170,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 November 2022.

Key facts

Type
3-bed villa
Size
2,346 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 2.81M · July 2014
Community
The Springs 8

About S02/TH06, The Springs 8

S02/TH06 is a three-bedroom villa of 2,346 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 23 July 2014 for AED 2,810,000, or AED 1,198 per sqft, in line with the AED 1,227 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 12 November 2022, is AED 128,700 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 5,000 a year.

Sales and rents for S02/TH06 over time

Sales
Villa S02/TH06, each saleTypical three-bed in The Springs 8
02.5M5M2007201220172022Typical sale price by year: 2007 AED 588,694; 2008 AED 1,074,694; 2009 AED 1,525,000; 2010 AED 816,888; 2011 AED 900,000; 2012 AED 1,625,000; 2013 AED 2,020,000; 2014 AED 2,275,000; 2015 AED 2,187,500; 2016 AED 2,145,000; 2017 AED 2,367,500; 2018 AED 2,090,000; 2019 AED 1,675,000; 2020 AED 1,770,000; 2021 AED 2,450,000; 2022 AED 2,100,000; 2023 AED 3,100,000; 2024 AED 4,400,000; 2025 AED 5,200,000Sold by developer, October 2008: AED 2,250,000 (AED 959 per sqft)Sold, July 2014: AED 2,810,000 (AED 1,198 per sqft)

S02/TH06 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH06, each contractTypical three-bed in The Springs 8
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 140,000; 2014 AED 165,000; 2015 AED 170,000; 2016 AED 165,000; 2017 AED 157,500; 2018 AED 140,000; 2019 AED 128,500; 2020 AED 115,000; 2021 AED 125,000; 2022 AED 131,250; 2023 AED 145,000; 2024 AED 200,000; 2025 AED 200,000; 2026 AED 167,500New contract, September 2014: AED 175,000 a yearNew contract, October 2015: AED 170,000 a yearRenewal, October 2016: AED 170,000 a yearNew contract, October 2017: AED 150,000 a yearRenewal, October 2018: AED 150,000 a yearNew contract, October 2019: AED 135,000 a yearNew contract, October 2020: AED 108,000 a yearRenewal, November 2021: AED 128,700 a yearRenewal, November 2022: AED 128,700 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 8, and where S02/TH06 sits

All 181 3-beds →

S02/TH06 last sold in July 2014 at AED 1,198 per sqft, in line with what three-beds in The Springs 8 were fetching at the time (AED 1,227). Over the last 12 months three-beds sold for AED 4,800,000 to 5,800,000, around AED 2,430 per sqft, and rent for AED 145,000 to 310,000 a year. S02/TH06's AED 128,700 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
29 Dec 20255,700,000
29 Dec 20254,800,000
11 Dec 20255,800,000
3 Jul 20254,950,000
3 3-bed sales in the last 12 months

The Springs 8

Community

300 villas, 2-bed to 4-bed in The Springs, completed in 2005 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,095
Typical sale
AED 4.09M
Typical rent
AED 160K /yr
Typical yield
4.3%
The Springs 8, The Springs: prices, sales and rents →

S02/TH06, The Springs 8 in numbers

  • Sold twice: first on 23 October 2008 for AED 2,250,000, last on 23 July 2014 for AED 2,810,000 (AED 1,198 per sqft).
  • Rented since September 2014 on 9 Ejari contracts. The rent fell from AED 175,000 to AED 108,000 in 2020 and recovered to AED 128,700 by November 2022.
  • At AED 128,700 a year the gross yield on the 2014 price is 4.6%, before a service charge of about AED 5,000 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 8 sold for AED 4,800,000–5,800,000 in the 12 months to November 2026; the community's median across all types is AED 2,095 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 November 2022.

Questions about S02/TH06, The Springs 8

What did villa S02/TH06 last sell for?

AED 2,810,000 on 23 July 2014: AED 1,198 per sqft for 2,346 sqft. The villa has 2 registered sales; the first was AED 2,250,000 in October 2008.

What is the rent for villa S02/TH06?

AED 128,700 a year on the contract renewed on 12 November 2022. The previous contract, from November 2021, was AED 128,700; the villa has been rented since September 2014.

How big is villa S02/TH06?

2,346 sqft (218.0 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S02/TH06 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 8 sold for AED 4,800,000 to 5,800,000 in the last 12 months, around AED 2,430 per sqft.

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Mortgage on S02/TH06, The Springs 8

Starts from the last sale price (AED 2.81M, 23 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,810,000
Deposit, UAE resident (20%)
AED 562,000
Deposit, non-resident (40%)
AED 1,124,000
Monthly over 25 years at 3.7%
AED 11,497

Plus AED 123,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →