3-bed · 2,525 sqftThe Springs 8, The Springs · completed 2005

S05/TH23, The Springs 8

Sold prices and rental history: sold 4 times, last in December 2022, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S05/TH23 · DLD and Ejari recordsUpdated 28 December 2022
Last soldAED 3.58M28 December 2022
Current rentAED 190K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S05/TH23, The Springs 8

What is S05/TH23 worth today?

Last sold for AED 3,575,000 in 2022

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28 Dec 2022SoldReady
AED 3,575,000AED 1,416 per sqft
1 Aug 2022RentedRenewal
AED 190,000/yr12 months · AED 75 per sqft
1 Aug 2021RentedNew contract
AED 190,000/yr12 months · AED 75 per sqft
30 Jun 2016SoldReady
AED 2,925,000AED 1,158 per sqft
14 Feb 2013SoldReady
AED 2,700,000AED 1,069 per sqft
1 Nov 2012RentedNew contract · flagged as an outlier
AED 9,000/yr3 months · AED 4 per sqft
7 Apr 2011Sold by developerReady
AED 2,689,750AED 1,065 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 December 2022.

Key facts

Type
3-bed villa
Size
2,525 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,400 /yr
Last sold
AED 3.58M · December 2022
Community
The Springs 8

About S05/TH23, The Springs 8

S05/TH23 is a three-bedroom villa of 2,525 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 28 December 2022 for AED 3,575,000, or AED 1,416 per sqft, 23% above the AED 1,151 three-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 190,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 5,400 a year.

Sales and rents for S05/TH23 over time

Sales
Villa S05/TH23, 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, April 2011: AED 2,689,750 (AED 1,065 per sqft)Sold, February 2013: AED 2,700,000 (AED 1,069 per sqft)Sold, June 2016: AED 2,925,000 (AED 1,158 per sqft)Sold, December 2022: AED 3,575,000 (AED 1,416 per sqft)

S05/TH23 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S05/TH23, 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, August 2021: AED 190,000 a yearRenewal, August 2022: AED 190,000 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/TH23 sits

All 181 3-beds →

S05/TH23 last sold in December 2022 at AED 1,416 per sqft, 23% above what three-beds in The Springs 8 were fetching at the time (AED 1,151). 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/TH23's AED 190,000 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/TH23, The Springs 8 in numbers

  • Sold 4 times: first on 7 April 2011 for AED 2,689,750, last on 28 December 2022 for AED 3,575,000 (AED 1,416 per sqft).
  • Rented since November 2012 on 3 Ejari contracts, from AED 9,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 5,400 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 28 December 2022.

Questions about S05/TH23, The Springs 8

What did villa S05/TH23 last sell for?

AED 3,575,000 on 28 December 2022: AED 1,416 per sqft for 2,525 sqft. The villa has 4 registered sales; the first was AED 2,689,750 in April 2011.

What is the rent for villa S05/TH23?

AED 190,000 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 190,000; the villa has been rented since November 2012.

How big is villa S05/TH23?

2,525 sqft (234.6 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S05/TH23 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/TH23, The Springs 8

Starts from the last sale price (AED 3.58M, 28 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,575,000
Deposit, UAE resident (20%)
AED 715,000
Deposit, non-resident (40%)
AED 1,430,000
Monthly over 25 years at 3.7%
AED 14,626

Plus AED 155,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →