3-bed · 2,305 sqftThe Springs 8, The Springs · completed 2005

S03/TH28, The Springs 8

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S03/TH28 · DLD and Ejari recordsUpdated 20 January 2021
Last soldAED 2.02M20 January 2021
Current rentAED 140K /yr25 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S03/TH28, The Springs 8

What is S03/TH28 worth today?

Last sold for AED 2,015,000 in 2021

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20 Jan 2021SoldReady
AED 2,015,000AED 874 per sqft
25 Mar 2020RentedRenewal
AED 140,000/yr12 months · AED 61 per sqft
22 Mar 2017RentedRenewal
AED 175,000/yr12 months · AED 76 per sqft
22 Mar 2016RentedNew contract
AED 175,000/yr12 months · AED 76 per sqft
20 Mar 2015RentedNew contract
AED 160,000/yr12 months · AED 69 per sqft
20 Mar 2013RentedNew contract
AED 160,000/yr12 months · AED 69 per sqft
27 Sep 2010Sold by developerReady
AED 1,000,000AED 433 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2021.

Key facts

Type
3-bed villa
Size
2,305 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 2.02M · January 2021
Community
The Springs 8

About S03/TH28, The Springs 8

S03/TH28 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 20 January 2021 for AED 2,015,000, or AED 874 per sqft, 11% above the AED 787 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 25 March 2020, is AED 140,000 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 4,900 a year.

Sales and rents for S03/TH28 over time

Sales
Villa S03/TH28, 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 2010: AED 1,000,000 (AED 433 per sqft)Sold, January 2021: AED 2,015,000 (AED 874 per sqft)

S03/TH28 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S03/TH28, 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, March 2013: AED 160,000 a yearNew contract, March 2015: AED 160,000 a yearNew contract, March 2016: AED 175,000 a yearRenewal, March 2017: AED 175,000 a yearRenewal, March 2020: AED 140,000 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/TH28 sits

All 181 3-beds →

S03/TH28 last sold in January 2021 at AED 874 per sqft, 11% above what three-beds in The Springs 8 were fetching at the time (AED 787). 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/TH28's AED 140,000 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/TH28, The Springs 8 in numbers

  • Sold twice: first on 27 September 2010 for AED 1,000,000, last on 20 January 2021 for AED 2,015,000 (AED 874 per sqft).
  • Rented since March 2013 on 5 Ejari contracts, from AED 160,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2021 price is 7.0%, 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 20 January 2021.

Questions about S03/TH28, The Springs 8

What did villa S03/TH28 last sell for?

AED 2,015,000 on 20 January 2021: AED 874 per sqft for 2,305 sqft. The villa has 2 registered sales; the first was AED 1,000,000 in September 2010.

What is the rent for villa S03/TH28?

AED 140,000 a year on the contract renewed on 25 March 2020. The previous contract, from March 2017, was AED 175,000; the villa has been rented since March 2013.

How big is villa S03/TH28?

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

What is villa S03/TH28 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/TH28, The Springs 8

Starts from the last sale price (AED 2.02M, 20 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,015,000
Deposit, UAE resident (20%)
AED 403,000
Deposit, non-resident (40%)
AED 806,000
Monthly over 25 years at 3.7%
AED 8,244

Plus AED 89,640 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →