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

S03/TH24, The Springs 8

Sold prices and rental history: sold once, by the developer in September 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH24 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 635K10 September 2012
Current rentAED 240K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH24, The Springs 8

What is S03/TH24 worth today?

Last sold for AED 634,888 in 2012

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1 Jul 2024RentedNew contract
AED 240,000/yr12 months · AED 102 per sqft
1 Sep 2023RentedRenewal
AED 127,749/yr4 months · AED 54 per sqft
1 Sep 2022RentedNew contract
AED 121,000/yr12 months · AED 51 per sqft
1 Sep 2021RentedRenewal
AED 110,000/yr12 months · AED 47 per sqft
1 Sep 2020RentedRenewal
AED 105,000/yr12 months · AED 45 per sqft
1 Sep 2017RentedRenewal
AED 155,000/yr12 months · AED 66 per sqft
1 Sep 2016RentedRenewal
AED 155,000/yr12 months · AED 66 per sqft
1 Sep 2013RentedNew contract
AED 126,000/yr12 months · AED 53 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Key facts

Type
3-bed villa
Size
2,359 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 635K · September 2012
Community
The Springs 8

About S03/TH24, The Springs 8

S03/TH24 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 10 September 2012 for AED 634,888, or AED 269 per sqft, 63% below the AED 731 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 July 2024, is AED 240,000 a year: a gross yield of 37.8% on the 2012 price, before the service charge of about AED 5,000 a year.

Sales and rents for S03/TH24 over time

Sales
Villa S03/TH24, 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 2012: AED 634,888 (AED 269 per sqft)

S03/TH24 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH24, each contractTypical three-bed in The Springs 8
100K200K2012201620202024Typical 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 126,000 a yearRenewal, September 2016: AED 155,000 a yearRenewal, September 2017: AED 155,000 a yearRenewal, September 2020: AED 105,000 a yearRenewal, September 2021: AED 110,000 a yearNew contract, September 2022: AED 121,000 a yearRenewal, September 2023: AED 127,749 a yearNew contract, July 2024: AED 240,000 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/TH24 sits

All 181 3-beds →

S03/TH24 last sold in September 2012 at AED 269 per sqft, 63% below what three-beds in The Springs 8 were fetching at the time (AED 731). 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/TH24's AED 240,000 is in the upper 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/TH24, The Springs 8 in numbers

  • Sold once: by Emaar on 10 September 2012 for AED 634,888, or AED 269 per sqft.
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 126,000 to AED 105,000 in 2020 and recovered to AED 240,000 by July 2024.
  • At AED 240,000 a year the gross yield on the 2012 price is 37.8%, 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 1 July 2024.

Questions about S03/TH24, The Springs 8

What did villa S03/TH24 last sell for?

AED 634,888 on 10 September 2012, sold by the developer: AED 269 per sqft for 2,359 sqft. It is the only registered sale of the villa.

What is the rent for villa S03/TH24?

AED 240,000 a year on the contract signed on 1 July 2024. The previous contract, from September 2023, was AED 127,749; the villa has been rented since September 2013.

How big is villa S03/TH24?

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

What is villa S03/TH24 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/TH24, The Springs 8

Starts from the last sale price (AED 635K, 10 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 634,888
Deposit, UAE resident (20%)
AED 126,978
Deposit, non-resident (40%)
AED 253,955
Monthly over 25 years at 3.7%
AED 2,598

Plus AED 31,676 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →