2-bed · 1,763 sqftThe Springs 8, The Springs · completed 2005

S04/TH01, The Springs 8

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH01 · DLD and Ejari recordsUpdated 29 October 2024
Last soldAED 3.05M29 October 2024
Current rentAED 150K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH01, The Springs 8

What is S04/TH01 worth today?

Last sold for AED 3,050,000 in 2024

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29 Oct 2024SoldReady
AED 3,050,000AED 1,729 per sqft
1 Dec 2023RentedRenewal
AED 150,000/yr12 months · AED 85 per sqft
1 Dec 2022RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
22 Nov 2021RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
15 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 48 per sqft
7 Apr 2020RentedRenewal
AED 85,000/yr12 months · AED 48 per sqft
7 Apr 2018RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
20 Jan 2017RentedNew contract
AED 130,000/yr12 months · AED 74 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 October 2024.

Key facts

Type
2-bed villa
Size
1,763 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 3.05M · October 2024
Community
The Springs 8

About S04/TH01, The Springs 8

S04/TH01 is a two-bedroom villa of 1,763 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 29 October 2024 for AED 3,050,000, or AED 1,729 per sqft, in line with the AED 1,706 two-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 150,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 3,800 a year.

Sales and rents for S04/TH01 over time

Sales
Villa S04/TH01, each saleTypical two-bed in The Springs 8
02M20072012201720222027Typical sale price by year: 2007 AED 472,388; 2008 AED 1,200,000; 2009 AED 911,400; 2010 AED 489,888; 2011 AED 850,000; 2012 AED 1,375,000; 2013 AED 1,767,500; 2014 AED 2,100,000; 2015 AED 1,750,000; 2016 AED 1,837,500; 2017 AED 1,722,500; 2018 AED 1,630,000; 2019 AED 1,050,000; 2020 AED 1,100,000; 2021 AED 1,632,500; 2022 AED 1,800,000; 2023 AED 2,175,000; 2024 AED 2,925,000; 2025 AED 3,225,000; 2026 AED 3,450,000Sold by developer, March 2011: AED 745,888 (AED 422 per sqft)Sold, October 2024: AED 3,050,000 (AED 1,729 per sqft)

S04/TH01 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH01, each contractTypical two-bed in The Springs 8
100K150K2012201620202024Typical rent by year: 2012 AED 88,500; 2013 AED 100,000; 2014 AED 127,000; 2015 AED 128,750; 2016 AED 129,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 82,500; 2021 AED 86,308; 2022 AED 97,300; 2023 AED 110,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 160,000New contract, January 2017: AED 130,000 a yearNew contract, April 2018: AED 110,000 a yearRenewal, April 2020: AED 85,000 a yearNew contract, November 2020: AED 85,000 a yearNew contract, November 2021: AED 120,000 a yearNew contract, December 2022: AED 150,000 a yearRenewal, December 2023: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in The Springs 8, and where S04/TH01 sits

All 98 2-beds →

S04/TH01 last sold in October 2024 at AED 1,729 per sqft, in line with what two-beds in The Springs 8 were fetching at the time (AED 1,706). Over the last 12 months two-beds sold for AED 2,775,000 to 4,225,000, around AED 1,998 per sqft, and rent for AED 109,345 to 240,000 a year. S04/TH01's AED 150,000 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
13 Feb 20263,450,000
9 Jan 20264,090,000
2 Jan 20263,250,000
16 Dec 20252,775,000
6 2-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 →

S04/TH01, The Springs 8 in numbers

  • Sold twice: first on 29 March 2011 for AED 745,888, last on 29 October 2024 for AED 3,050,000 (AED 1,729 per sqft).
  • Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 85,000 in 2020 and recovered to AED 150,000 by December 2023.
  • At AED 150,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 3,800 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 8 sold for AED 2,775,000–4,225,000 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 29 October 2024.

Questions about S04/TH01, The Springs 8

What did villa S04/TH01 last sell for?

AED 3,050,000 on 29 October 2024: AED 1,729 per sqft for 1,763 sqft. The villa has 2 registered sales; the first was AED 745,888 in March 2011.

What is the rent for villa S04/TH01?

AED 150,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 150,000; the villa has been rented since January 2017.

How big is villa S04/TH01?

1,763 sqft (163.8 sqm): a two-bedroom villa in The Springs 8, completed in 2005.

What is villa S04/TH01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 8 sold for AED 2,775,000 to 4,225,000 in the last 12 months, around AED 1,998 per sqft.

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Mortgage on S04/TH01, The Springs 8

Starts from the last sale price (AED 3.05M, 29 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

Plus AED 133,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →