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3-bed · 2,343 sqftThe Springs 8, The Springs · completed 2005

S03/TH07, The Springs 8

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH07 · DLD and Ejari recordsUpdated 28 July 2023
Last soldAED 4.4M28 July 2023
Current rentAED 125K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH07, The Springs 8

What is S03/TH07 worth today?

Last sold for AED 4,400,000 in 2023

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28 Jul 2023SoldReady
AED 4,400,000AED 1,877 per sqft
13 Jan 2023SoldReady
AED 3,400,000AED 1,450 per sqft
29 Jun 2022SoldReady
AED 2,550,000AED 1,088 per sqft
1 Nov 2021RentedNew contract
AED 125,000/yr12 months · AED 53 per sqft
25 Aug 2020RentedRenewal
AED 90,000/yr12 months · AED 38 per sqft
25 Aug 2019RentedRenewal
AED 110,000/yr12 months · AED 47 per sqft
25 Aug 2018RentedNew contract
AED 118,000/yr12 months · AED 50 per sqft
28 Jun 2017RentedRenewal
AED 160,000/yr12 months · AED 68 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 July 2023.

Key facts

Type
3-bed villa
Size
2,343 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 4.4M · July 2023
Community
The Springs 8

About S03/TH07, The Springs 8

S03/TH07 is a three-bedroom villa of 2,343 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 28 July 2023 for AED 4,400,000, or AED 1,877 per sqft, 42% above the AED 1,326 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 November 2021, is AED 125,000 a year: a gross yield of 2.8% on the 2023 price, before the service charge of about AED 5,000 a year.

Sales and rents for S03/TH07 over time

Sales
Villa S03/TH07, 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, February 2017: AED 2,240,000 (AED 955 per sqft)Sold, June 2022: AED 2,550,000 (AED 1,088 per sqft)Sold, January 2023: AED 3,400,000 (AED 1,450 per sqft)Sold, July 2023: AED 4,400,000 (AED 1,877 per sqft)

S03/TH07 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH07, 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 165,000 a yearNew contract, June 2014: AED 175,000 a yearRenewal, June 2015: AED 175,000 a yearNew contract, June 2016: AED 160,000 a yearRenewal, June 2017: AED 160,000 a yearNew contract, August 2018: AED 118,000 a yearRenewal, August 2019: AED 110,000 a yearRenewal, August 2020: AED 90,000 a yearNew contract, November 2021: AED 125,000 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/TH07 sits

All 181 3-beds →

S03/TH07 last sold in July 2023 at AED 1,877 per sqft, 42% above what three-beds in The Springs 8 were fetching at the time (AED 1,326). 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/TH07's AED 125,000 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/TH07, The Springs 8 in numbers

  • Sold 4 times: first on 6 February 2017 for AED 2,240,000, last on 28 July 2023 for AED 4,400,000 (AED 1,877 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 165,000 to AED 90,000 in 2020 and recovered to AED 125,000 by November 2021.
  • At AED 125,000 a year the gross yield on the 2023 price is 2.8%, 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 28 July 2023.

Questions about S03/TH07, The Springs 8

What did villa S03/TH07 last sell for?

AED 4,400,000 on 28 July 2023: AED 1,877 per sqft for 2,343 sqft. The villa has 4 registered sales; the first was AED 2,240,000 in February 2017.

What is the rent for villa S03/TH07?

AED 125,000 a year on the contract signed on 1 November 2021. The previous contract, from August 2020, was AED 90,000; the villa has been rented since September 2013.

How big is villa S03/TH07?

2,343 sqft (217.7 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S03/TH07 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/TH07, The Springs 8

Starts from the last sale price (AED 4.4M, 28 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

Plus AED 189,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →