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3-bed · 2,359 sqftThe Springs 8, The Springs · completed 2005

S03/TH06, The Springs 8

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH06 · DLD and Ejari recordsUpdated 19 November 2015
Last soldAED 2.4M4 March 2009
Current rentAED 160K /yr19 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH06, The Springs 8

What is S03/TH06 worth today?

Last sold for AED 2,397,000 in 2009

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19 Nov 2015RentedNew contract
AED 160,000/yr12 months · AED 68 per sqft
1 Sep 2015RentedRenewal
AED 174,000/yr12 months · AED 74 per sqft
1 Sep 2014RentedNew contract
AED 168,000/yr12 months · AED 71 per sqft
1 Sep 2013RentedNew contract
AED 168,000/yr12 months · AED 71 per sqft
4 Mar 2009Sold by developerReady
AED 2,397,000AED 1,016 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 November 2015.

Key facts

Type
3-bed villa
Size
2,359 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 2.4M · March 2009
Community
The Springs 8

About S03/TH06, The Springs 8

S03/TH06 is a three-bedroom villa of 2,359 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 4 March 2009 for AED 2,397,000, or AED 1,016 per sqft, 99% above the AED 511 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 19 November 2015, is AED 160,000 a year: a gross yield of 6.7% on the 2009 price, before the service charge of about AED 5,000 a year.

Sales and rents for S03/TH06 over time

Sales
Villa S03/TH06, 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, March 2009: AED 2,397,000 (AED 1,016 per sqft)

S03/TH06 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH06, 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, September 2013: AED 168,000 a yearNew contract, September 2014: AED 168,000 a yearRenewal, September 2015: AED 174,000 a yearNew contract, November 2015: AED 160,000 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/TH06 sits

All 181 3-beds →

S03/TH06 last sold in March 2009 at AED 1,016 per sqft, 99% above what three-beds in The Springs 8 were fetching at the time (AED 511). 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/TH06's AED 160,000 is in the lower half 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/TH06, The Springs 8 in numbers

  • Sold once: by Emaar on 4 March 2009 for AED 2,397,000, or AED 1,016 per sqft.
  • Rented since September 2013 on 4 Ejari contracts, from AED 168,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2009 price is 6.7%, 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 19 November 2015.

Questions about S03/TH06, The Springs 8

What did villa S03/TH06 last sell for?

AED 2,397,000 on 4 March 2009, sold by the developer: AED 1,016 per sqft for 2,359 sqft. It is the only registered sale of the villa.

What is the rent for villa S03/TH06?

AED 160,000 a year on the contract signed on 19 November 2015. The previous contract, from September 2015, was AED 174,000; the villa has been rented since September 2013.

How big is villa S03/TH06?

2,359 sqft (219.2 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S03/TH06 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/TH06, The Springs 8

Starts from the last sale price (AED 2.4M, 4 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,397,000
Deposit, UAE resident (20%)
AED 479,400
Deposit, non-resident (40%)
AED 958,800
Monthly over 25 years at 3.7%
AED 9,807

Plus AED 105,684 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →