3-bed · 2,696 sqftThe Springs 8, The Springs · completed 2005

S05/TH08, The Springs 8

Sold prices and rental history: sold 4 times, last in January 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH08 · DLD and Ejari recordsUpdated 19 January 2024
Last soldAED 4.9M19 January 2024
Current rentAED 265K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH08, The Springs 8

What is S05/TH08 worth today?

Last sold for AED 4,900,000 in 2024

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19 Jan 2024SoldReady
AED 4,900,000AED 1,817 per sqft
1 Jul 2023RentedNew contract
AED 265,000/yr12 months · AED 98 per sqft
5 Feb 2023RentedRenewal
AED 155,000/yr8 months · AED 57 per sqft
5 Feb 2022RentedRenewal
AED 155,000/yr12 months · AED 57 per sqft
5 Feb 2021RentedNew contract
AED 145,000/yr12 months · AED 54 per sqft
20 Nov 2011SoldReady
AED 2,400,000AED 890 per sqft
18 Nov 2008Sold by developerReady
AED 942,888AED 499 per sqft
18 Nov 2008SoldReady
AED 2,000,000AED 1,058 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 January 2024.

Key facts

Type
3-bed villa
Size
2,696 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,700 /yr
Last sold
AED 4.9M · January 2024
Community
The Springs 8

About S05/TH08, The Springs 8

S05/TH08 is a three-bedroom villa of 2,696 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 19 January 2024 for AED 4,900,000, or AED 1,817 per sqft, 20% above the AED 1,520 three-beds in the community were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 July 2023, is AED 265,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 5,700 a year.

Sales and rents for S05/TH08 over time

Sales
Villa S05/TH08, 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, November 2008: AED 942,888 (AED 499 per sqft)Sold, November 2008: AED 2,000,000 (AED 1,058 per sqft)Sold, November 2011: AED 2,400,000 (AED 890 per sqft)Sold, January 2024: AED 4,900,000 (AED 1,817 per sqft)

S05/TH08 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S05/TH08, each contractTypical three-bed in The Springs 8
100K200K2012201620202024Typical 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 2021: AED 145,000 a yearRenewal, February 2022: AED 155,000 a yearRenewal, February 2023: AED 155,000 a yearNew contract, July 2023: AED 265,000 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/TH08 sits

All 181 3-beds →

S05/TH08 last sold in January 2024 at AED 1,817 per sqft, 20% above what three-beds in The Springs 8 were fetching at the time (AED 1,520). 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/TH08's AED 265,000 is in the upper 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/TH08, The Springs 8 in numbers

  • Sold 4 times: first on 18 November 2008 for AED 2,000,000, last on 19 January 2024 for AED 4,900,000 (AED 1,817 per sqft).
  • Rented since February 2021 on 4 Ejari contracts, from AED 145,000 to AED 265,000 a year.
  • At AED 265,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 5,700 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 19 January 2024.

Questions about S05/TH08, The Springs 8

What did villa S05/TH08 last sell for?

AED 4,900,000 on 19 January 2024: AED 1,817 per sqft for 2,696 sqft. The villa has 4 registered sales; the first was AED 2,000,000 in November 2008.

What is the rent for villa S05/TH08?

AED 265,000 a year on the contract signed on 1 July 2023. The previous contract, from February 2023, was AED 155,000; the villa has been rented since February 2021.

How big is villa S05/TH08?

2,696 sqft (250.5 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S05/TH08 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/TH08, The Springs 8

Starts from the last sale price (AED 4.9M, 19 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,900,000
Deposit, UAE resident (20%)
AED 980,000
Deposit, non-resident (40%)
AED 1,960,000
Monthly over 25 years at 3.7%
AED 20,047

Plus AED 210,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →