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3-bed · 1,650 sqftThe Springs 8, The Springs · completed 2005

S04/TH23, The Springs 8

Sold prices and rental history: sold 5 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH23 · DLD and Ejari recordsUpdated 2 May 2023
Last soldAED 2.4M2 May 2023
Current rentAED 75K /yr16 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH23, The Springs 8

What is S04/TH23 worth today?

Last sold for AED 2,400,000 in 2023

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2 May 2023SoldReady
AED 2,400,000AED 1,454 per sqft
30 Sep 2022SoldReady
AED 1,900,000AED 1,151 per sqft
20 Jun 2022SoldReady
AED 1,391,185AED 843 per sqft
16 Feb 2021RentedRenewal
AED 75,000/yr12 months · AED 45 per sqft
16 Feb 2020RentedNew contract
AED 75,000/yr12 months · AED 45 per sqft
10 Feb 2019RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft
10 Feb 2018RentedNew contract
AED 106,500/yr12 months · AED 65 per sqft
10 Feb 2017RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2023.

Key facts

Type
3-bed villa
Size
1,650 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 2.4M · May 2023
Community
The Springs 8

About S04/TH23, The Springs 8

S04/TH23 is a three-bedroom villa of 1,650 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 2 May 2023 for AED 2,400,000, or AED 1,454 per sqft, 24% above the AED 1,177 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 16 February 2021, is AED 75,000 a year: a gross yield of 3.1% on the 2023 price, before the service charge of about AED 3,500 a year.

Sales and rents for S04/TH23 over time

Sales
Villa S04/TH23, 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 830,000 (AED 503 per sqft)Sold, October 2008: AED 2,900,000 (AED 1,758 per sqft)Sold, June 2022: AED 1,391,185 (AED 843 per sqft)Sold, September 2022: AED 1,900,000 (AED 1,151 per sqft)Sold, May 2023: AED 2,400,000 (AED 1,454 per sqft)

S04/TH23 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S04/TH23, 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, October 2013: AED 125,000 a yearNew contract, October 2014: AED 140,000 a yearRenewal, October 2015: AED 140,000 a yearNew contract, February 2017: AED 120,000 a yearNew contract, February 2018: AED 106,500 a yearRenewal, February 2019: AED 95,000 a yearNew contract, February 2020: AED 75,000 a yearRenewal, February 2021: AED 75,000 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/TH23 sits

All 181 3-beds →

S04/TH23 last sold in May 2023 at AED 1,454 per sqft, 24% above what three-beds in The Springs 8 were fetching at the time (AED 1,177). 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/TH23's AED 75,000 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/TH23, The Springs 8 in numbers

  • Sold 5 times: first on 16 October 2008 for AED 2,900,000, last on 2 May 2023 for AED 2,400,000 (AED 1,454 per sqft).
  • Rented since October 2013 on 8 Ejari contracts, from AED 125,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 3.1%, 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 2 May 2023.

Questions about S04/TH23, The Springs 8

What did villa S04/TH23 last sell for?

AED 2,400,000 on 2 May 2023: AED 1,454 per sqft for 1,650 sqft. The villa has 5 registered sales; the first was AED 2,900,000 in October 2008.

What is the rent for villa S04/TH23?

AED 75,000 a year on the contract renewed on 16 February 2021. The previous contract, from February 2020, was AED 75,000; the villa has been rented since October 2013.

How big is villa S04/TH23?

1,650 sqft (153.3 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S04/TH23 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/TH23, The Springs 8

Starts from the last sale price (AED 2.4M, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →