3-bed · 2,305 sqftThe Springs 8, The Springs · completed 2005

S02/TH13, The Springs 8

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

Villa S02/TH13 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 1M24 April 2012
Current rentAED 270K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH13, The Springs 8

What is S02/TH13 worth today?

Last sold for AED 1,000,000 in 2012

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25 Oct 2024RentedRenewal
AED 270,000/yr12 months · AED 117 per sqft
25 Oct 2023RentedNew contract
AED 270,000/yr12 months · AED 117 per sqft
25 Oct 2022RentedNew contract
AED 270,000/yr12 months · AED 117 per sqft
15 Mar 2022RentedRenewal
AED 110,000/yr12 months · AED 48 per sqft
15 Mar 2021RentedRenewal
AED 105,000/yr12 months · AED 46 per sqft
15 Mar 2019RentedNew contract
AED 125,000/yr12 months · AED 54 per sqft
1 Feb 2018RentedNew contract
AED 150,000/yr12 months · AED 65 per sqft
1 Feb 2017RentedNew contract
AED 160,000/yr12 months · AED 69 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.

Key facts

Type
3-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 1M · April 2012
Community
The Springs 8

About S02/TH13, The Springs 8

S02/TH13 is a three-bedroom villa of 2,305 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 24 April 2012 for AED 1,000,000, or AED 433 per sqft, 33% below the AED 645 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 270,000 a year: a gross yield of 27.0% on the 2012 price, before the service charge of about AED 4,900 a year.

Sales and rents for S02/TH13 over time

Sales
Villa S02/TH13, 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, April 2012: AED 1,000,000 (AED 433 per sqft)Sold, April 2012: AED 670,888 (AED 291 per sqft)

S02/TH13 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH13, each contractTypical three-bed in The Springs 8
100K200K2012201620202024Typical 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, November 2012: AED 149,584 a yearNew contract, November 2014: AED 172,500 a yearRenewal, November 2015: AED 172,500 a yearNew contract, January 2016: AED 165,000 a yearNew contract, January 2017: AED 160,000 a yearNew contract, February 2017: AED 160,000 a yearNew contract, February 2018: AED 150,000 a yearNew contract, March 2019: AED 125,000 a yearRenewal, March 2021: AED 105,000 a yearRenewal, March 2022: AED 110,000 a yearNew contract, October 2022: AED 270,000 a yearNew contract, October 2023: AED 270,000 a yearRenewal, October 2024: AED 270,000 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/TH13 sits

All 181 3-beds →

S02/TH13 last sold in April 2012 at AED 433 per sqft, 33% below what three-beds in The Springs 8 were fetching at the time (AED 645). 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/TH13's AED 270,000 is in the upper 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/TH13, The Springs 8 in numbers

  • Sold twice: first on 24 April 2012 for AED 670,888, last on 24 April 2012 for AED 1,000,000 (AED 433 per sqft).
  • Rented since November 2012 on 13 Ejari contracts. The rent fell from AED 149,584 to AED 105,000 in 2021 and recovered to AED 270,000 by October 2024.
  • At AED 270,000 a year the gross yield on the 2012 price is 27.0%, before a service charge of about AED 4,900 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 25 October 2024.

Questions about S02/TH13, The Springs 8

What did villa S02/TH13 last sell for?

AED 1,000,000 on 24 April 2012, sold by the developer: AED 433 per sqft for 2,305 sqft. The villa has 2 registered sales; the first was AED 670,888 in April 2012.

What is the rent for villa S02/TH13?

AED 270,000 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 270,000; the villa has been rented since November 2012.

How big is villa S02/TH13?

2,305 sqft (214.1 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S02/TH13 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/TH13, The Springs 8

Starts from the last sale price (AED 1M, 24 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →