Home
Dubai prices
About
Research
2-bed · 1,647 sqftThe Springs 8, The Springs · completed 2005

S02/TH38, The Springs 8

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH38 · DLD and Ejari recordsUpdated 4 January 2022
Last soldAED 451K24 August 2010
Current rentAED 80K /yr4 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH38, The Springs 8

What is S02/TH38 worth today?

Last sold for AED 450,888 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Jan 2022RentedRenewal
AED 80,000/yr12 months · AED 49 per sqft
29 Dec 2020RentedRenewal
AED 78,730/yr12 months · AED 48 per sqft
29 Dec 2018RentedNew contract
AED 100,000/yr24 months · AED 61 per sqft
20 Jan 2014RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
20 Jan 2013RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
24 Aug 2010Sold by developerReady
AED 450,888AED 273 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 January 2022.

Key facts

Type
2-bed villa
Size
1,647 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 451K · August 2010
Community
The Springs 8

About S02/TH38, The Springs 8

S02/TH38 is a two-bedroom villa of 1,647 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 24 August 2010 for AED 450,888, or AED 273 per sqft, in line with the AED 277 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 4 January 2022, is AED 80,000 a year: a gross yield of 17.7% on the 2010 price, before the service charge of about AED 3,500 a year.

Sales and rents for S02/TH38 over time

Sales
Villa S02/TH38, 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 2010: AED 450,888 (AED 273 per sqft)

S02/TH38 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH38, 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, January 2013: AED 75,000 a yearNew contract, January 2014: AED 90,000 a yearNew contract, December 2018: AED 100,000 a yearRenewal, December 2020: AED 78,730 a yearRenewal, January 2022: AED 80,000 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/TH38 sits

All 98 2-beds →

S02/TH38 last sold in August 2010 at AED 273 per sqft, in line with what two-beds in The Springs 8 were fetching at the time (AED 277). 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/TH38's AED 80,000 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/TH38, The Springs 8 in numbers

  • Sold once: by Emaar on 24 August 2010 for AED 450,888, or AED 273 per sqft.
  • Rented since January 2013 on 5 Ejari contracts, from AED 75,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2010 price is 17.7%, 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 4 January 2022.

Questions about S02/TH38, The Springs 8

What did villa S02/TH38 last sell for?

AED 450,888 on 24 August 2010, sold by the developer: AED 273 per sqft for 1,647 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH38?

AED 80,000 a year on the contract renewed on 4 January 2022. The previous contract, from December 2020, was AED 78,730; the villa has been rented since January 2013.

How big is villa S02/TH38?

1,647 sqft (153.0 sqm): a two-bedroom villa in The Springs 8, completed in 2005.

What is villa S02/TH38 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.

Selling S02/TH38? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S02/TH38, The Springs 8

Starts from the last sale price (AED 451K, 24 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 450,888
Deposit, UAE resident (20%)
AED 90,178
Deposit, non-resident (40%)
AED 180,355
Monthly over 25 years at 3.7%
AED 1,845

Plus AED 21,848 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →