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3-bed · 2,204 sqftThe Springs 8, The Springs · completed 2005

S05/TH03, The Springs 8

Sold prices and rental history: sold twice, last in August 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH03 · DLD and Ejari recordsUpdated 30 August 2020
Last soldAED 1.85M30 August 2020
Current rentAED 170K /yr5 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH03, The Springs 8

What is S05/TH03 worth today?

Last sold for AED 1,850,000 in 2020

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30 Aug 2020SoldReady
AED 1,850,000AED 839 per sqft
5 Mar 2018RentedRenewal
AED 170,000/yr12 months · AED 77 per sqft
15 Feb 2016RentedRenewal
AED 161,700/yr12 months · AED 73 per sqft
15 Feb 2015RentedNew contract
AED 161,700/yr12 months · AED 73 per sqft
15 Feb 2014RentedNew contract
AED 154,000/yr12 months · AED 70 per sqft
15 Feb 2013RentedNew contract
AED 140,000/yr12 months · AED 64 per sqft
5 Mar 2009Sold by developerReady
AED 814,888AED 369 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 August 2020.

Key facts

Type
3-bed villa
Size
2,204 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,700 /yr
Last sold
AED 1.85M · August 2020
Community
The Springs 8

About S05/TH03, The Springs 8

S05/TH03 is a three-bedroom villa of 2,204 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 30 August 2020 for AED 1,850,000, or AED 839 per sqft, 12% above the AED 748 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 5 March 2018, is AED 170,000 a year: a gross yield of 9.2% on the 2020 price, before the service charge of about AED 4,700 a year.

Sales and rents for S05/TH03 over time

Sales
Villa S05/TH03, 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, March 2009: AED 814,888 (AED 369 per sqft)Sold, August 2020: AED 1,850,000 (AED 839 per sqft)

S05/TH03 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S05/TH03, each contractTypical three-bed in The Springs 8
100K150K200K2012201620202024Typical 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, February 2013: AED 140,000 a yearNew contract, February 2014: AED 154,000 a yearNew contract, February 2015: AED 161,700 a yearRenewal, February 2016: AED 161,700 a yearRenewal, March 2018: AED 170,000 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 S05/TH03 sits

All 181 3-beds →

S05/TH03 last sold in August 2020 at AED 839 per sqft, 12% above what three-beds in The Springs 8 were fetching at the time (AED 748). 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. S05/TH03's AED 170,000 is in the lower half 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 →

S05/TH03, The Springs 8 in numbers

  • Sold twice: first on 5 March 2009 for AED 814,888, last on 30 August 2020 for AED 1,850,000 (AED 839 per sqft).
  • Rented since February 2013 on 5 Ejari contracts, from AED 140,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2020 price is 9.2%, before a service charge of about AED 4,700 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 30 August 2020.

Questions about S05/TH03, The Springs 8

What did villa S05/TH03 last sell for?

AED 1,850,000 on 30 August 2020: AED 839 per sqft for 2,204 sqft. The villa has 2 registered sales; the first was AED 814,888 in March 2009.

What is the rent for villa S05/TH03?

AED 170,000 a year on the contract renewed on 5 March 2018. The previous contract, from February 2016, was AED 161,700; the villa has been rented since February 2013.

How big is villa S05/TH03?

2,204 sqft (204.8 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S05/TH03 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 S05/TH03, The Springs 8

Starts from the last sale price (AED 1.85M, 30 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →