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3-bed · 2,342 sqftThe Springs 8, The Springs · completed 2005

S03/TH15, The Springs 8

Sold prices and rental history: sold 3 times, last in November 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH15 · DLD and Ejari recordsUpdated 10 November 2022
Last soldAED 2.65M10 November 2022
Current rentAED 103K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH15, The Springs 8

What is S03/TH15 worth today?

Last sold for AED 2,650,000 in 2022

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10 Nov 2022SoldReady
AED 2,650,000AED 1,131 per sqft
1 Oct 2021RentedRenewal
AED 102,500/yr12 months · AED 44 per sqft
15 May 2015RentedNew contract
AED 170,000/yr12 months · AED 73 per sqft
15 May 2014RentedNew contract
AED 170,000/yr12 months · AED 73 per sqft
20 Apr 2014SoldReady
AED 2,915,000AED 1,244 per sqft
1 Jul 2010Sold by developerReady
AED 317,400AED 135 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2022.

Key facts

Type
3-bed villa
Size
2,342 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 2.65M · November 2022
Community
The Springs 8

About S03/TH15, The Springs 8

S03/TH15 is a three-bedroom villa of 2,342 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 10 November 2022 for AED 2,650,000, or AED 1,131 per sqft, in line with the AED 1,131 three-beds in the community were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 102,500 a year: a gross yield of 3.9% on the 2022 price, before the service charge of about AED 5,000 a year.

Sales and rents for S03/TH15 over time

Sales
Villa S03/TH15, 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, July 2010: AED 317,400 (AED 135 per sqft)Sold, April 2014: AED 2,915,000 (AED 1,244 per sqft)Sold, November 2022: AED 2,650,000 (AED 1,131 per sqft)

S03/TH15 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH15, 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, May 2014: AED 170,000 a yearNew contract, May 2015: AED 170,000 a yearRenewal, October 2021: AED 102,500 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/TH15 sits

All 181 3-beds →

S03/TH15 last sold in November 2022 at AED 1,131 per sqft, in line with what three-beds in The Springs 8 were fetching at the time (AED 1,131). 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/TH15's AED 102,500 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/TH15, The Springs 8 in numbers

  • Sold 3 times: first on 1 July 2010 for AED 317,400, last on 10 November 2022 for AED 2,650,000 (AED 1,131 per sqft).
  • Rented since May 2014 on 3 Ejari contracts, from AED 170,000 to AED 102,500 a year.
  • At AED 102,500 a year the gross yield on the 2022 price is 3.9%, 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 10 November 2022.

Questions about S03/TH15, The Springs 8

What did villa S03/TH15 last sell for?

AED 2,650,000 on 10 November 2022: AED 1,131 per sqft for 2,342 sqft. The villa has 3 registered sales; the first was AED 317,400 in July 2010.

What is the rent for villa S03/TH15?

AED 102,500 a year on the contract renewed on 1 October 2021. The previous contract, from May 2015, was AED 170,000; the villa has been rented since May 2014.

How big is villa S03/TH15?

2,342 sqft (217.6 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S03/TH15 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/TH15, The Springs 8

Starts from the last sale price (AED 2.65M, 10 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →