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

S04/TH39, The Springs 8

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH39 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 2.28M13 March 2023
Current rentAED 150K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH39, The Springs 8

What is S04/TH39 worth today?

Last sold for AED 2,275,000 in 2023

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20 Jun 2024RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
30 Sep 2023RentedRenewal
AED 91,814/yr6 months · AED 52 per sqft
13 Mar 2023SoldReady
AED 2,275,000AED 1,290 per sqft
30 Sep 2022RentedRenewal
AED 93,500/yr12 months · AED 53 per sqft
30 Sep 2021RentedRenewal
AED 85,000/yr12 months · AED 48 per sqft
30 Sep 2020RentedNew contract
AED 85,000/yr12 months · AED 48 per sqft
5 Oct 2019RentedRenewal
AED 92,308/yr13 months · AED 52 per sqft
5 Oct 2018RentedNew contract
AED 105,000/yr12 months · AED 60 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2024.

Key facts

Type
2-bed villa
Size
1,763 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 2.28M · March 2023
Community
The Springs 8

About S04/TH39, The Springs 8

S04/TH39 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 13 March 2023 for AED 2,275,000, or AED 1,290 per sqft, 17% above the AED 1,099 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 20 June 2024, is AED 150,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 3,800 a year.

Sales and rents for S04/TH39 over time

Sales
Villa S04/TH39, 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, October 2009: AED 1,428,888 (AED 810 per sqft)Sold, March 2023: AED 2,275,000 (AED 1,290 per sqft)

S04/TH39 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH39, 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, October 2012: AED 85,000 a yearNew contract, October 2013: AED 110,000 a yearNew contract, October 2014: AED 127,000 a yearRenewal, October 2015: AED 127,000 a yearRenewal, October 2016: AED 127,000 a yearRenewal, October 2017: AED 122,000 a yearNew contract, October 2018: AED 105,000 a yearRenewal, October 2019: AED 92,308 a yearNew contract, September 2020: AED 85,000 a yearRenewal, September 2021: AED 85,000 a yearRenewal, September 2022: AED 93,500 a yearRenewal, September 2023: AED 91,814 a yearNew contract, June 2024: 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/TH39 sits

All 98 2-beds →

S04/TH39 last sold in March 2023 at AED 1,290 per sqft, 17% above what two-beds in The Springs 8 were fetching at the time (AED 1,099). 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/TH39'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/TH39, The Springs 8 in numbers

  • Sold twice: first on 5 October 2009 for AED 1,428,888, last on 13 March 2023 for AED 2,275,000 (AED 1,290 per sqft).
  • Rented since October 2012 on 13 Ejari contracts, from AED 85,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 6.6%, 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 20 June 2024.

Questions about S04/TH39, The Springs 8

What did villa S04/TH39 last sell for?

AED 2,275,000 on 13 March 2023: AED 1,290 per sqft for 1,763 sqft. The villa has 2 registered sales; the first was AED 1,428,888 in October 2009.

What is the rent for villa S04/TH39?

AED 150,000 a year on the contract signed on 20 June 2024. The previous contract, from September 2023, was AED 91,814; the villa has been rented since October 2012.

How big is villa S04/TH39?

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

What is villa S04/TH39 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/TH39, The Springs 8

Starts from the last sale price (AED 2.28M, 13 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,275,000
Deposit, UAE resident (20%)
AED 455,000
Deposit, non-resident (40%)
AED 910,000
Monthly over 25 years at 3.7%
AED 9,308

Plus AED 100,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →