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2-bed · 1,636 sqftThe Springs 8, The Springs · completed 2005

S02/TH37, The Springs 8

Sold prices and rental history: sold twice, last in August 2009, and rented once, from November 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH37 · DLD and Ejari recordsUpdated 20 November 2012
Last soldAED 483K20 August 2009
Current rentAED 95K /yr20 November 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH37, The Springs 8

What is S02/TH37 worth today?

Last sold for AED 482,888 in 2009

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20 Nov 2012RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
20 Aug 2009Sold by developerReady
AED 482,888AED 295 per sqft
20 Aug 2009SoldReady
AED 1,260,000AED 769 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2012.

Key facts

Type
2-bed villa
Size
1,636 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 483K · August 2009
Community
The Springs 8

About S02/TH37, The Springs 8

S02/TH37 is a two-bedroom villa of 1,636 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 20 August 2009 for AED 482,888, or AED 295 per sqft, 41% below the AED 504 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 20 November 2012. The current contract, signed on 20 November 2012, is AED 95,000 a year: a gross yield of 19.7% on the 2009 price, before the service charge of about AED 3,500 a year.

Sales and rents for S02/TH37 over time

Sales
Villa S02/TH37, each saleTypical two-bed in The Springs 8
02M20072012201720222027Typical sale price by year: 2007 AED 472,388; 2008 AED 1,200,000; 2009 AED 911,400; 2010 AED 489,888; 2011 AED 850,000; 2012 AED 1,375,000; 2013 AED 1,767,500; 2014 AED 2,100,000; 2015 AED 1,750,000; 2016 AED 1,837,500; 2017 AED 1,722,500; 2018 AED 1,630,000; 2019 AED 1,050,000; 2020 AED 1,100,000; 2021 AED 1,632,500; 2022 AED 1,800,000; 2023 AED 2,175,000; 2024 AED 2,925,000; 2025 AED 3,225,000; 2026 AED 3,450,000Sold by developer, August 2009: AED 482,888 (AED 295 per sqft)Sold, August 2009: AED 1,260,000 (AED 769 per sqft)

S02/TH37 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH37, each contractTypical two-bed in The Springs 8
100K150K2012201620202024Typical rent by year: 2012 AED 88,500; 2013 AED 100,000; 2014 AED 127,000; 2015 AED 128,750; 2016 AED 129,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 82,500; 2021 AED 86,308; 2022 AED 97,300; 2023 AED 110,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 160,000New contract, November 2012: AED 95,000 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 8, and where S02/TH37 sits

All 98 2-beds →

S02/TH37 last sold in August 2009 at AED 295 per sqft, 41% below what two-beds in The Springs 8 were fetching at the time (AED 504). Over the last 12 months two-beds sold for AED 2,775,000 to 4,225,000, around AED 1,998 per sqft, and rent for AED 109,345 to 240,000 a year. S02/TH37's AED 95,000 is at the bottom of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
13 Feb 20263,450,000
9 Jan 20264,090,000
2 Jan 20263,250,000
16 Dec 20252,775,000
6 2-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/TH37, The Springs 8 in numbers

  • Sold twice: first on 20 August 2009 for AED 1,260,000, last on 20 August 2009 for AED 482,888 (AED 295 per sqft).
  • Rented since November 2012 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2009 price is 19.7%, before a service charge of about AED 3,500 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 8 sold for AED 2,775,000–4,225,000 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 20 November 2012.

Questions about S02/TH37, The Springs 8

What did villa S02/TH37 last sell for?

AED 482,888 on 20 August 2009, sold by the developer: AED 295 per sqft for 1,636 sqft. The villa has 2 registered sales; the first was AED 1,260,000 in August 2009.

What is the rent for villa S02/TH37?

AED 95,000 a year on the contract signed on 20 November 2012.

How big is villa S02/TH37?

1,636 sqft (152.0 sqm): a two-bedroom villa in The Springs 8, completed in 2005.

What is villa S02/TH37 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 8 sold for AED 2,775,000 to 4,225,000 in the last 12 months, around AED 1,998 per sqft.

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Mortgage on S02/TH37, The Springs 8

Starts from the last sale price (AED 483K, 20 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 482,888
Deposit, UAE resident (20%)
AED 96,578
Deposit, non-resident (40%)
AED 193,155
Monthly over 25 years at 3.7%
AED 1,976

Plus AED 23,192 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →