S02/TH40, The Springs 8
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for S02/TH40, The Springs 8
What is S02/TH40 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 November 2024.
Key facts
- Type
- 2-bed villa
- Size
- 1,773 sqft
- Developer
- Emaar
- Completed
- 2005
- Service charge
- AED 3,800 /yr
- Last sold
- AED 2.3M · July 2024
- Community
- The Springs 8
About S02/TH40, The Springs 8
S02/TH40 is a two-bedroom villa of 1,773 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 4 July 2024 for AED 2,300,000, or AED 1,297 per sqft, 14% below the AED 1,503 two-beds in the community were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 7 November 2024, is AED 114,769 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 3,800 a year.
Sales and rents for S02/TH40 over time
S02/TH40 has sold twice; the dashed line is the two-bed median of each year in the community.
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/TH40 sits
All 98 2-beds →S02/TH40 last sold in July 2024 at AED 1,297 per sqft, 14% below what two-beds in The Springs 8 were fetching at the time (AED 1,503). 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/TH40's AED 114,769 is in the lower half of that range.
| Recent 2-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 1,763 sqft | 3,450,000 | 1,957 | ||
| 9 Jan 20269 January 2026 | 1,774 sqft | 4,090,000 | 2,305 | ||
| 2 Jan 20262 January 2026 | 1,646 sqft | 3,250,000 | 1,974 | ||
| 16 Dec 202516 December 2025 | 1,636 sqft | 2,775,000 | 1,695 |
The Springs 8
Community300 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%
S02/TH40, The Springs 8 in numbers
- Sold twice: first on 18 June 2007 for AED 244,944, last on 4 July 2024 for AED 2,300,000 (AED 1,297 per sqft).
- Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2020 and recovered to AED 114,769 by November 2024.
- At AED 114,769 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 3,800 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 7 November 2024.
Questions about S02/TH40, The Springs 8
What did villa S02/TH40 last sell for?
AED 2,300,000 on 4 July 2024: AED 1,297 per sqft for 1,773 sqft. The villa has 2 registered sales; the first was AED 244,944 in June 2007.
What is the rent for villa S02/TH40?
AED 114,769 a year on the contract signed on 7 November 2024. The previous contract, from November 2023, was AED 100,000; the villa has been rented since May 2013.
How big is villa S02/TH40?
1,773 sqft (164.7 sqm): a two-bedroom villa in The Springs 8, completed in 2005.
What is villa S02/TH40 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/TH40, The Springs 8
Starts from the last sale price (AED 2.3M, 4 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →