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

S04/TH22, The Springs 8

Sold prices and rental history: sold twice, last in July 2016, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH22 · DLD and Ejari recordsUpdated 28 July 2016
Last soldAED 1.5M28 July 2016
Current rentAED 90K /yr15 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH22, The Springs 8

What is S04/TH22 worth today?

Last sold for AED 1,500,000 in 2016

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28 Jul 2016SoldReady
AED 1,500,000AED 905 per sqft
15 Dec 2015RentedRenewal
AED 90,000/yr12 months · AED 54 per sqft
15 Dec 2013RentedNew contract
AED 75,000/yr12 months · AED 45 per sqft
15 Dec 2012RentedNew contract
AED 75,000/yr12 months · AED 45 per sqft
14 Oct 2008Sold by developerReady
AED 552,888AED 333 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 July 2016.

Key facts

Type
3-bed villa
Size
1,657 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 1.5M · July 2016
Community
The Springs 8

About S04/TH22, The Springs 8

S04/TH22 is a three-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 28 July 2016 for AED 1,500,000, or AED 905 per sqft, 14% below the AED 1,055 three-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 15 December 2015, is AED 90,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 3,500 a year.

Sales and rents for S04/TH22 over time

Sales
Villa S04/TH22, 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, October 2008: AED 552,888 (AED 333 per sqft)Sold, July 2016: AED 1,500,000 (AED 905 per sqft)

S04/TH22 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S04/TH22, 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, December 2012: AED 75,000 a yearNew contract, December 2013: AED 75,000 a yearRenewal, December 2015: AED 90,000 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 S04/TH22 sits

All 181 3-beds →

S04/TH22 last sold in July 2016 at AED 905 per sqft, 14% below what three-beds in The Springs 8 were fetching at the time (AED 1,055). 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. S04/TH22's AED 90,000 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 →

S04/TH22, The Springs 8 in numbers

  • Sold twice: first on 14 October 2008 for AED 552,888, last on 28 July 2016 for AED 1,500,000 (AED 905 per sqft).
  • Rented since December 2012 on 3 Ejari contracts, from AED 75,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 3,500 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 28 July 2016.

Questions about S04/TH22, The Springs 8

What did villa S04/TH22 last sell for?

AED 1,500,000 on 28 July 2016: AED 905 per sqft for 1,657 sqft. The villa has 2 registered sales; the first was AED 552,888 in October 2008.

What is the rent for villa S04/TH22?

AED 90,000 a year on the contract renewed on 15 December 2015. The previous contract, from December 2013, was AED 75,000; the villa has been rented since December 2012.

How big is villa S04/TH22?

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

What is villa S04/TH22 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 S04/TH22, The Springs 8

Starts from the last sale price (AED 1.5M, 28 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →