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2-bed · 1,656 sqftThe Springs 8, The Springs · completed 2005

S04/TH56, The Springs 8

Sold prices and rental history: sold 3 times, last in November 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH56 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 1.66M2 November 2017
Current rentAED 97K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH56, The Springs 8

What is S04/TH56 worth today?

Last sold for AED 1,655,000 in 2017

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1 Jun 2024RentedRenewal
AED 97,000/yr12 months · AED 59 per sqft
1 Jun 2023RentedRenewal
AED 92,400/yr12 months · AED 56 per sqft
1 Jun 2022RentedRenewal
AED 88,000/yr12 months · AED 53 per sqft
1 Jun 2021RentedRenewal
AED 80,000/yr12 months · AED 48 per sqft
10 May 2019RentedNew contract
AED 100,000/yr12 months · AED 60 per sqft
1 May 2018RentedNew contract
AED 105,000/yr12 months · AED 63 per sqft
2 Nov 2017SoldReady
AED 1,655,000AED 999 per sqft
10 May 2015RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2024.

Key facts

Type
2-bed villa
Size
1,656 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 1.66M · November 2017
Community
The Springs 8

About S04/TH56, The Springs 8

S04/TH56 is a two-bedroom villa of 1,656 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 2 November 2017 for AED 1,655,000, or AED 999 per sqft, 5% below the AED 1,050 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 97,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 3,500 a year.

Sales and rents for S04/TH56 over time

Sales
Villa S04/TH56, 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, September 2010: AED 1,980,000 (AED 1,195 per sqft)Sold, February 2014: AED 2,300,000 (AED 1,388 per sqft)Sold, November 2017: AED 1,655,000 (AED 999 per sqft)

S04/TH56 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH56, 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, June 2014: AED 135,000 a yearNew contract, May 2015: AED 140,000 a yearNew contract, May 2018: AED 105,000 a yearNew contract, May 2019: AED 100,000 a yearRenewal, June 2021: AED 80,000 a yearRenewal, June 2022: AED 88,000 a yearRenewal, June 2023: AED 92,400 a yearRenewal, June 2024: AED 97,000 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/TH56 sits

All 98 2-beds →

S04/TH56 last sold in November 2017 at AED 999 per sqft, 5% below what two-beds in The Springs 8 were fetching at the time (AED 1,050). 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/TH56's AED 97,000 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/TH56, The Springs 8 in numbers

  • Sold 3 times: first on 30 September 2010 for AED 1,980,000, last on 2 November 2017 for AED 1,655,000 (AED 999 per sqft).
  • Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2021 and recovered to AED 97,000 by June 2024.
  • At AED 97,000 a year the gross yield on the 2017 price is 5.9%, 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 1 June 2024.

Questions about S04/TH56, The Springs 8

What did villa S04/TH56 last sell for?

AED 1,655,000 on 2 November 2017: AED 999 per sqft for 1,656 sqft. The villa has 3 registered sales; the first was AED 1,980,000 in September 2010.

What is the rent for villa S04/TH56?

AED 97,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 92,400; the villa has been rented since June 2014.

How big is villa S04/TH56?

1,656 sqft (153.8 sqm): a two-bedroom villa in The Springs 8, completed in 2005.

What is villa S04/TH56 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/TH56, The Springs 8

Starts from the last sale price (AED 1.66M, 2 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,655,000
Deposit, UAE resident (20%)
AED 331,000
Deposit, non-resident (40%)
AED 662,000
Monthly over 25 years at 3.7%
AED 6,771

Plus AED 74,520 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →