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

S04/TH87, The Springs 8

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH87 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 3M25 November 2024
Current rentAED 142K /yr7 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH87, The Springs 8

What is S04/TH87 worth today?

Last sold for AED 3,000,000 in 2024

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25 Nov 2024SoldReady
AED 3,000,000AED 1,701 per sqft
7 Oct 2024RentedRenewal
AED 141,750/yr12 months · AED 80 per sqft
7 Oct 2023RentedRenewal
AED 141,750/yr12 months · AED 80 per sqft
7 Oct 2022RentedNew contract
AED 135,000/yr12 months · AED 77 per sqft
15 Sep 2020RentedRenewal
AED 80,000/yr12 months · AED 45 per sqft
15 Sep 2019RentedNew contract
AED 85,000/yr12 months · AED 48 per sqft
8 Mar 2018RentedRenewal
AED 100,000/yr12 months · AED 57 per sqft
8 Mar 2017RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 November 2024.

Key facts

Type
2-bed villa
Size
1,763 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 3M · November 2024
Community
The Springs 8

About S04/TH87, The Springs 8

S04/TH87 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 25 November 2024 for AED 3,000,000, or AED 1,701 per sqft, in line with the AED 1,701 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 7 October 2024, is AED 141,750 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 3,800 a year.

Sales and rents for S04/TH87 over time

Sales
Villa S04/TH87, 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, August 2007: AED 1,300,000 (AED 737 per sqft)Sold, February 2014: AED 2,408,000 (AED 1,365 per sqft)Sold, November 2024: AED 3,000,000 (AED 1,701 per sqft)

S04/TH87 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH87, 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, March 2014: AED 151,000 a yearNew contract, March 2015: AED 151,000 a yearNew contract, March 2017: AED 120,000 a yearRenewal, March 2018: AED 100,000 a yearNew contract, September 2019: AED 85,000 a yearRenewal, September 2020: AED 80,000 a yearNew contract, October 2022: AED 135,000 a yearRenewal, October 2023: AED 141,750 a yearRenewal, October 2024: AED 141,750 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/TH87 sits

All 98 2-beds →

S04/TH87 last sold in November 2024 at AED 1,701 per sqft, in line with what two-beds in The Springs 8 were fetching at the time (AED 1,701). 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/TH87's AED 141,750 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/TH87, The Springs 8 in numbers

  • Sold 3 times: first on 29 August 2007 for AED 1,300,000, last on 25 November 2024 for AED 3,000,000 (AED 1,701 per sqft).
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 151,000 to AED 80,000 in 2020 and recovered to AED 141,750 by October 2024.
  • At AED 141,750 a year the gross yield on the 2024 price is 4.7%, 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 25 November 2024.

Questions about S04/TH87, The Springs 8

What did villa S04/TH87 last sell for?

AED 3,000,000 on 25 November 2024: AED 1,701 per sqft for 1,763 sqft. The villa has 3 registered sales; the first was AED 1,300,000 in August 2007.

What is the rent for villa S04/TH87?

AED 141,750 a year on the contract renewed on 7 October 2024. The previous contract, from October 2023, was AED 141,750; the villa has been rented since March 2014.

How big is villa S04/TH87?

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

What is villa S04/TH87 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/TH87, The Springs 8

Starts from the last sale price (AED 3M, 25 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →