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

S04/TH71, The Springs 8

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH71 · DLD and Ejari recordsUpdated 6 July 2022
Last soldAED 1.98M6 July 2022
Current rentAED 104K /yr24 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH71, The Springs 8

What is S04/TH71 worth today?

Last sold for AED 1,980,000 in 2022

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6 Jul 2022SoldReady
AED 1,980,000AED 1,123 per sqft
24 Jun 2022RentedRenewal
AED 104,389/yr1 months · AED 59 per sqft
24 Jun 2021RentedRenewal
AED 105,000/yr12 months · AED 60 per sqft
24 Jun 2020RentedRenewal
AED 105,000/yr12 months · AED 60 per sqft
24 Dec 2018RentedRenewal
AED 230,000/yr6 months · AED 130 per sqft
24 Dec 2016RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
1 Jul 2014RentedNew contract
AED 126,000/yr24 months · AED 71 per sqft
16 Feb 2014SoldReady
AED 2,400,000AED 1,361 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 July 2022.

Key facts

Type
2-bed villa
Size
1,763 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 1.98M · July 2022
Community
The Springs 8

About S04/TH71, The Springs 8

S04/TH71 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 6 July 2022 for AED 1,980,000, or AED 1,123 per sqft, 6% above the AED 1,056 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 24 June 2022, is AED 104,389 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 3,800 a year.

Sales and rents for S04/TH71 over time

Sales
Villa S04/TH71, 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, May 2009: AED 487,888 (AED 276 per sqft)Sold, February 2014: AED 2,400,000 (AED 1,361 per sqft)Sold, July 2022: AED 1,980,000 (AED 1,123 per sqft)

S04/TH71 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH71, each contractTypical two-bed in The Springs 8
100K200K2012201620202024Typical 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, July 2014: AED 126,000 a yearNew contract, December 2016: AED 145,000 a yearRenewal, December 2018: AED 230,000 a yearRenewal, June 2020: AED 105,000 a yearRenewal, June 2021: AED 105,000 a yearRenewal, June 2022: AED 104,389 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/TH71 sits

All 98 2-beds →

S04/TH71 last sold in July 2022 at AED 1,123 per sqft, 6% above what two-beds in The Springs 8 were fetching at the time (AED 1,056). 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/TH71's AED 104,389 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/TH71, The Springs 8 in numbers

  • Sold 3 times: first on 24 May 2009 for AED 487,888, last on 6 July 2022 for AED 1,980,000 (AED 1,123 per sqft).
  • Rented since July 2014 on 6 Ejari contracts, from AED 126,000 to AED 104,389 a year.
  • At AED 104,389 a year the gross yield on the 2022 price is 5.3%, 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 6 July 2022.

Questions about S04/TH71, The Springs 8

What did villa S04/TH71 last sell for?

AED 1,980,000 on 6 July 2022: AED 1,123 per sqft for 1,763 sqft. The villa has 3 registered sales; the first was AED 487,888 in May 2009.

What is the rent for villa S04/TH71?

AED 104,389 a year on the contract renewed on 24 June 2022. The previous contract, from June 2021, was AED 105,000; the villa has been rented since July 2014.

How big is villa S04/TH71?

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

What is villa S04/TH71 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/TH71, The Springs 8

Starts from the last sale price (AED 1.98M, 6 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,980,000
Deposit, UAE resident (20%)
AED 396,000
Deposit, non-resident (40%)
AED 792,000
Monthly over 25 years at 3.7%
AED 8,101

Plus AED 88,170 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →