3-bed · 2,360 sqftThe Springs 8, The Springs · completed 2005

S02/TH07, The Springs 8

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 S02/TH07 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 960K19 June 2007
Current rentAED 198K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH07, The Springs 8

What is S02/TH07 worth today?

Last sold for AED 960,000 in 2007

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15 Jun 2024RentedRenewal
AED 198,000/yr12 months · AED 84 per sqft
15 Jun 2023RentedNew contract
AED 198,000/yr12 months · AED 84 per sqft
7 May 2022RentedRenewal
AED 136,500/yr12 months · AED 58 per sqft
7 May 2021RentedNew contract
AED 130,000/yr12 months · AED 55 per sqft
11 May 2020RentedNew contract
AED 125,000/yr12 months · AED 53 per sqft
15 Jul 2019RentedRenewal
AED 133,000/yr12 months · AED 56 per sqft
15 Jul 2018RentedRenewal
AED 140,000/yr12 months · AED 59 per sqft
15 Jul 2017RentedNew contract
AED 145,000/yr12 months · AED 61 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 June 2024.

Key facts

Type
3-bed villa
Size
2,360 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 960K · June 2007
Community
The Springs 8

About S02/TH07, The Springs 8

S02/TH07 is a three-bedroom villa of 2,360 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 19 June 2007 for AED 960,000, or AED 406 per sqft, 57% above the AED 259 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 198,000 a year: a gross yield of 20.6% on the 2007 price, before the service charge of about AED 5,000 a year.

Sales and rents for S02/TH07 over time

Sales
Villa S02/TH07, 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, June 2007: AED 960,000 (AED 406 per sqft)

S02/TH07 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH07, 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, January 2013: AED 90,000 a yearNew contract, November 2015: AED 200,000 a yearNew contract, July 2017: AED 145,000 a yearRenewal, July 2018: AED 140,000 a yearRenewal, July 2019: AED 133,000 a yearNew contract, May 2020: AED 125,000 a yearNew contract, May 2021: AED 130,000 a yearRenewal, May 2022: AED 136,500 a yearNew contract, June 2023: AED 198,000 a yearRenewal, June 2024: AED 198,000 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 8, and where S02/TH07 sits

All 181 3-beds →

S02/TH07 last sold in June 2007 at AED 406 per sqft, 57% above what three-beds in The Springs 8 were fetching at the time (AED 259). 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/TH07's AED 198,000 is in the lower half 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/TH07, The Springs 8 in numbers

  • Sold once: by Emaar on 19 June 2007 for AED 960,000, or AED 406 per sqft.
  • Rented since January 2013 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 55,079 in 2014 and recovered to AED 198,000 by June 2024.
  • At AED 198,000 a year the gross yield on the 2007 price is 20.6%, 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 15 June 2024.

Questions about S02/TH07, The Springs 8

What did villa S02/TH07 last sell for?

AED 960,000 on 19 June 2007, sold by the developer: AED 406 per sqft for 2,360 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH07?

AED 198,000 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 198,000; the villa has been rented since January 2013.

How big is villa S02/TH07?

2,360 sqft (219.3 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S02/TH07 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/TH07, The Springs 8

Starts from the last sale price (AED 960K, 19 June 2007). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

Plus AED 45,330 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →