3-bed · 2,290 sqftThe Springs 8, The Springs · completed 2005

S02/TH20, The Springs 8

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH20 · DLD and Ejari recordsUpdated 31 May 2023
Last soldAED 4.1M31 May 2023
Current rentAED 115K /yr12 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH20, The Springs 8

What is S02/TH20 worth today?

Last sold for AED 4,100,000 in 2023

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31 May 2023SoldReady
AED 4,100,000AED 1,790 per sqft
12 Nov 2020RentedNew contract
AED 115,000/yr12 months · AED 50 per sqft
5 Nov 2019RentedNew contract
AED 110,000/yr12 months · AED 48 per sqft
25 Mar 2019RentedNew contract
AED 115,000/yr12 months · AED 50 per sqft
10 Jan 2017RentedNew contract
AED 155,000/yr12 months · AED 68 per sqft
24 Feb 2014Sold by developerReady
AED 1,084,888AED 473 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2023.

Key facts

Type
3-bed villa
Size
2,290 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 4.1M · May 2023
Community
The Springs 8

About S02/TH20, The Springs 8

S02/TH20 is a three-bedroom villa of 2,290 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 31 May 2023 for AED 4,100,000, or AED 1,790 per sqft, 52% above the AED 1,180 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 12 November 2020, is AED 115,000 a year: a gross yield of 2.8% on the 2023 price, before the service charge of about AED 4,900 a year.

Sales and rents for S02/TH20 over time

Sales
Villa S02/TH20, 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, February 2014: AED 1,084,888 (AED 473 per sqft)Sold, May 2023: AED 4,100,000 (AED 1,790 per sqft)

S02/TH20 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/TH20, 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 2017: AED 155,000 a yearNew contract, March 2019: AED 115,000 a yearNew contract, November 2019: AED 110,000 a yearNew contract, November 2020: AED 115,000 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/TH20 sits

All 181 3-beds →

S02/TH20 last sold in May 2023 at AED 1,790 per sqft, 52% above what three-beds in The Springs 8 were fetching at the time (AED 1,180). 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/TH20's AED 115,000 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/TH20, The Springs 8 in numbers

  • Sold twice: first on 24 February 2014 for AED 1,084,888, last on 31 May 2023 for AED 4,100,000 (AED 1,790 per sqft).
  • Rented since January 2017 on 4 Ejari contracts, from AED 155,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 2.8%, 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 31 May 2023.

Questions about S02/TH20, The Springs 8

What did villa S02/TH20 last sell for?

AED 4,100,000 on 31 May 2023: AED 1,790 per sqft for 2,290 sqft. The villa has 2 registered sales; the first was AED 1,084,888 in February 2014.

What is the rent for villa S02/TH20?

AED 115,000 a year on the contract signed on 12 November 2020. The previous contract, from November 2019, was AED 110,000; the villa has been rented since January 2017.

How big is villa S02/TH20?

2,290 sqft (212.7 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S02/TH20 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/TH20, The Springs 8

Starts from the last sale price (AED 4.1M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

Plus AED 177,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →