Home
Dubai prices
About
Research
3-bed · 2,305 sqftThe Springs 8, The Springs · completed 2005

S03/TH16, The Springs 8

Sold prices and rental history: sold 5 times, last in May 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH16 · DLD and Ejari recordsUpdated 23 May 2024
Last soldAED 4.9M23 May 2024
Current rentAED 130K /yr31 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH16, The Springs 8

What is S03/TH16 worth today?

Last sold for AED 4,900,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 May 2024SoldReady
AED 4,900,000AED 2,125 per sqft
13 Oct 2023SoldReady
AED 2,900,000AED 1,258 per sqft
31 Aug 2022RentedRenewal
AED 130,000/yr12 months · AED 56 per sqft
31 Aug 2021RentedRenewal
AED 121,000/yr12 months · AED 52 per sqft
31 Aug 2020RentedNew contract
AED 110,000/yr12 months · AED 48 per sqft
10 Sep 2019RentedNew contract
AED 150,000/yr12 months · AED 65 per sqft
19 Jun 2019SoldReady
AED 1,850,000AED 802 per sqft
1 Sep 2018RentedNew contract
AED 140,000/yr12 months · AED 61 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 May 2024.

Key facts

Type
3-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 4.9M · May 2024
Community
The Springs 8

About S03/TH16, The Springs 8

S03/TH16 is a three-bedroom villa of 2,305 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 23 May 2024 for AED 4,900,000, or AED 2,125 per sqft, 33% above the AED 1,595 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 31 August 2022, is AED 130,000 a year: a gross yield of 2.6% on the 2024 price, before the service charge of about AED 4,900 a year.

Sales and rents for S03/TH16 over time

Sales
Villa S03/TH16, 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, September 2007: AED 1,100,000 (AED 477 per sqft)Sold, May 2008: AED 2,850,000 (AED 1,236 per sqft)Sold, June 2019: AED 1,850,000 (AED 802 per sqft)Sold, October 2023: AED 2,900,000 (AED 1,258 per sqft)Sold, May 2024: AED 4,900,000 (AED 2,125 per sqft)

S03/TH16 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH16, 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, July 2015: AED 180,000 a yearNew contract, July 2016: AED 180,000 a yearRenewal, July 2017: AED 160,000 a yearNew contract, September 2018: AED 140,000 a yearNew contract, September 2019: AED 150,000 a yearNew contract, August 2020: AED 110,000 a yearRenewal, August 2021: AED 121,000 a yearRenewal, August 2022: AED 130,000 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/TH16 sits

All 181 3-beds →

S03/TH16 last sold in May 2024 at AED 2,125 per sqft, 33% above what three-beds in The Springs 8 were fetching at the time (AED 1,595). 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/TH16's AED 130,000 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/TH16, The Springs 8 in numbers

  • Sold 5 times: first on 13 September 2007 for AED 1,100,000, last on 23 May 2024 for AED 4,900,000 (AED 2,125 per sqft).
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 180,000 to AED 110,000 in 2020 and recovered to AED 130,000 by August 2022.
  • At AED 130,000 a year the gross yield on the 2024 price is 2.6%, before a service charge of about AED 4,900 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 23 May 2024.

Questions about S03/TH16, The Springs 8

What did villa S03/TH16 last sell for?

AED 4,900,000 on 23 May 2024: AED 2,125 per sqft for 2,305 sqft. The villa has 5 registered sales; the first was AED 1,100,000 in September 2007.

What is the rent for villa S03/TH16?

AED 130,000 a year on the contract renewed on 31 August 2022. The previous contract, from August 2021, was AED 121,000; the villa has been rented since July 2015.

How big is villa S03/TH16?

2,305 sqft (214.1 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S03/TH16 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.

Selling S03/TH16? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S03/TH16, The Springs 8

Starts from the last sale price (AED 4.9M, 23 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,900,000
Deposit, UAE resident (20%)
AED 980,000
Deposit, non-resident (40%)
AED 1,960,000
Monthly over 25 years at 3.7%
AED 20,047

Plus AED 210,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →