2-bed · 1,657 sqftThe Springs 8, The Springs · completed 2005

S04/TH02, The Springs 8

Sold prices and rental history: sold 5 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH02 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 3.2M8 August 2024
Current rentAED 90K /yr1 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH02, The Springs 8

What is S04/TH02 worth today?

Last sold for AED 3,200,000 in 2024

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8 Aug 2024SoldReady
AED 3,200,000AED 1,931 per sqft
26 May 2022SoldReady
AED 2,080,000AED 1,255 per sqft
6 Sep 2021SoldReady
AED 1,700,000AED 1,026 per sqft
1 Feb 2020RentedRenewal
AED 90,000/yr12 months · AED 54 per sqft
1 Jan 2019RentedRenewal
AED 96,923/yr13 months · AED 59 per sqft
1 Jan 2017RentedNew contract
AED 125,000/yr12 months · AED 75 per sqft
1 Jan 2016RentedRenewal
AED 125,000/yr12 months · AED 75 per sqft
1 Jan 2015RentedNew contract
AED 105,000/yr12 months · AED 63 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 August 2024.

Key facts

Type
2-bed villa
Size
1,657 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 3.2M · August 2024
Community
The Springs 8

About S04/TH02, The Springs 8

S04/TH02 is a two-bedroom villa of 1,657 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 8 August 2024 for AED 3,200,000, or AED 1,931 per sqft, 28% above the AED 1,503 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 February 2020, is AED 90,000 a year: a gross yield of 2.8% on the 2024 price, before the service charge of about AED 3,500 a year.

Sales and rents for S04/TH02 over time

Sales
Villa S04/TH02, 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, November 2012: AED 825,000 (AED 497 per sqft)Sold by developer, November 2012: AED 1,700,000 (AED 1,026 per sqft)Sold, September 2021: AED 1,700,000 (AED 1,026 per sqft)Sold, May 2022: AED 2,080,000 (AED 1,255 per sqft)Sold, August 2024: AED 3,200,000 (AED 1,931 per sqft)

S04/TH02 has sold 5 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH02, 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, December 2013: AED 95,000 a yearNew contract, January 2015: AED 105,000 a yearRenewal, January 2016: AED 125,000 a yearNew contract, January 2017: AED 125,000 a yearRenewal, January 2019: AED 96,923 a yearRenewal, February 2020: AED 90,000 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/TH02 sits

All 98 2-beds →

S04/TH02 last sold in August 2024 at AED 1,931 per sqft, 28% above what two-beds in The Springs 8 were fetching at the time (AED 1,503). 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/TH02's AED 90,000 is at the bottom 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/TH02, The Springs 8 in numbers

  • Sold 5 times: first on 6 November 2012 for AED 1,700,000, last on 8 August 2024 for AED 3,200,000 (AED 1,931 per sqft).
  • Rented since December 2013 on 6 Ejari contracts, from AED 95,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 2.8%, before a service charge of about AED 3,500 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 8 August 2024.

Questions about S04/TH02, The Springs 8

What did villa S04/TH02 last sell for?

AED 3,200,000 on 8 August 2024: AED 1,931 per sqft for 1,657 sqft. The villa has 5 registered sales; the first was AED 1,700,000 in November 2012.

What is the rent for villa S04/TH02?

AED 90,000 a year on the contract renewed on 1 February 2020. The previous contract, from January 2019, was AED 96,923; the villa has been rented since December 2013.

How big is villa S04/TH02?

1,657 sqft (153.9 sqm): a two-bedroom villa in The Springs 8, completed in 2005.

What is villa S04/TH02 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/TH02, The Springs 8

Starts from the last sale price (AED 3.2M, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →