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2-bed · 1,647 sqftThe Springs 8, The Springs · completed 2005

S02/TH48, The Springs 8

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH48 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 750K9 August 2009
Current rentAED 145K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH48, The Springs 8

What is S02/TH48 worth today?

Last sold for AED 750,000 in 2009

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1 Apr 2025RentedRenewal
AED 145,000/yr12 months · AED 88 per sqft
20 Mar 2023RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
20 Mar 2022RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
1 Apr 2017RentedRenewal
AED 130,000/yr12 months · AED 79 per sqft
1 Jan 2017RentedRenewal
AED 130,000/yr3 months · AED 79 per sqft
9 Aug 2009Sold by developerReady
AED 750,000AED 455 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.

Key facts

Type
2-bed villa
Size
1,647 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 750K · August 2009
Community
The Springs 8

About S02/TH48, The Springs 8

S02/TH48 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 9 August 2009 for AED 750,000, or AED 455 per sqft, in line with the AED 455 two-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 145,000 a year: a gross yield of 19.3% on the 2009 price, before the service charge of about AED 3,500 a year.

Sales and rents for S02/TH48 over time

Sales
Villa S02/TH48, 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 750,000 (AED 455 per sqft)

S02/TH48 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S02/TH48, 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 160,000Renewal, January 2017: AED 130,000 a yearRenewal, April 2017: AED 130,000 a yearRenewal, March 2022: AED 100,000 a yearRenewal, March 2023: AED 100,000 a yearRenewal, April 2025: AED 145,000 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/TH48 sits

All 98 2-beds →

S02/TH48 last sold in August 2009 at AED 455 per sqft, in line with what two-beds in The Springs 8 were fetching at the time (AED 455). 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/TH48's AED 145,000 is in the lower half 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/TH48, The Springs 8 in numbers

  • Sold once: by Emaar on 9 August 2009 for AED 750,000, or AED 455 per sqft.
  • Rented since January 2017 on 5 Ejari contracts. The rent fell from AED 130,000 to AED 100,000 in 2023 and recovered to AED 145,000 by April 2025.
  • At AED 145,000 a year the gross yield on the 2009 price is 19.3%, 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 1 April 2025.

Questions about S02/TH48, The Springs 8

What did villa S02/TH48 last sell for?

AED 750,000 on 9 August 2009, sold by the developer: AED 455 per sqft for 1,647 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH48?

AED 145,000 a year on the contract renewed on 1 April 2025. The previous contract, from March 2023, was AED 100,000; the villa has been rented since January 2017.

How big is villa S02/TH48?

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

What is villa S02/TH48 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/TH48, The Springs 8

Starts from the last sale price (AED 750K, 9 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →