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3-bed · 2,360 sqftThe Springs 8, The Springs · completed 2005

S03/TH02, The Springs 8

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH02 · DLD and Ejari recordsUpdated 8 August 2023
Last soldAED 3.1M8 August 2023
Current rentAED 134K /yr2 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH02, The Springs 8

What is S03/TH02 worth today?

Last sold for AED 3,100,000 in 2023

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8 Aug 2023SoldReady
AED 3,100,000AED 1,313 per sqft
2 Jun 2023RentedRenewal
AED 134,400/yr12 months · AED 57 per sqft
2 Jun 2022RentedRenewal
AED 128,000/yr12 months · AED 54 per sqft
2 Jun 2020RentedRenewal
AED 120,000/yr12 months · AED 51 per sqft
2 Jun 2019RentedNew contract
AED 125,000/yr12 months · AED 53 per sqft
1 Jun 2018RentedNew contract
AED 147,500/yr12 months · AED 63 per sqft
1 Jun 2017RentedNew contract
AED 155,000/yr12 months · AED 66 per sqft
7 May 2017SoldReady
AED 2,370,000AED 1,004 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 August 2023.

Key facts

Type
3-bed villa
Size
2,360 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 3.1M · August 2023
Community
The Springs 8

About S03/TH02, The Springs 8

S03/TH02 is a three-bedroom villa of 2,360 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 8 August 2023 for AED 3,100,000, or AED 1,313 per sqft, in line with the AED 1,317 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 2 June 2023, is AED 134,400 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 5,000 a year.

Sales and rents for S03/TH02 over time

Sales
Villa S03/TH02, 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, January 2011: AED 634,888 (AED 269 per sqft)Sold, May 2017: AED 2,370,000 (AED 1,004 per sqft)Sold, August 2023: AED 3,100,000 (AED 1,313 per sqft)

S03/TH02 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH02, 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, October 2014: AED 175,000 a yearNew contract, October 2015: AED 167,500 a yearNew contract, June 2017: AED 155,000 a yearNew contract, June 2018: AED 147,500 a yearNew contract, June 2019: AED 125,000 a yearRenewal, June 2020: AED 120,000 a yearRenewal, June 2022: AED 128,000 a yearRenewal, June 2023: AED 134,400 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 S03/TH02 sits

All 181 3-beds →

S03/TH02 last sold in August 2023 at AED 1,313 per sqft, in line with what three-beds in The Springs 8 were fetching at the time (AED 1,317). 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. S03/TH02's AED 134,400 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 →

S03/TH02, The Springs 8 in numbers

  • Sold 3 times: first on 3 January 2011 for AED 634,888, last on 8 August 2023 for AED 3,100,000 (AED 1,313 per sqft).
  • Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 175,000 to AED 120,000 in 2020 and recovered to AED 134,400 by June 2023.
  • At AED 134,400 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 5,000 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 8 August 2023.

Questions about S03/TH02, The Springs 8

What did villa S03/TH02 last sell for?

AED 3,100,000 on 8 August 2023: AED 1,313 per sqft for 2,360 sqft. The villa has 3 registered sales; the first was AED 634,888 in January 2011.

What is the rent for villa S03/TH02?

AED 134,400 a year on the contract renewed on 2 June 2023. The previous contract, from June 2022, was AED 128,000; the villa has been rented since October 2014.

How big is villa S03/TH02?

2,360 sqft (219.3 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S03/TH02 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 S03/TH02, The Springs 8

Starts from the last sale price (AED 3.1M, 8 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →