Home
Dubai prices
About
Research
3-bed · 2,300 sqftThe Springs 8, The Springs · completed 2005

S06/TH16, The Springs 8

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH16 · DLD and Ejari recordsUpdated 26 October 2018
Last soldAED 659K24 August 2015
Current rentAED 140K /yr26 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH16, The Springs 8

What is S06/TH16 worth today?

Last sold for AED 658,888 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Oct 2018RentedRenewal
AED 140,000/yr12 months · AED 61 per sqft
26 Oct 2017RentedNew contract
AED 155,000/yr12 months · AED 67 per sqft
26 Oct 2016RentedRenewal
AED 168,000/yr12 months · AED 73 per sqft
26 Oct 2015RentedRenewal
AED 168,000/yr12 months · AED 73 per sqft
24 Aug 2015Sold by developerReady
AED 658,888AED 286 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 October 2018.

Key facts

Type
3-bed villa
Size
2,300 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 659K · August 2015
Community
The Springs 8

About S06/TH16, The Springs 8

S06/TH16 is a three-bedroom villa of 2,300 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 24 August 2015 for AED 658,888, or AED 286 per sqft, 76% below the AED 1,216 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 26 October 2018, is AED 140,000 a year: a gross yield of 21.3% on the 2015 price, before the service charge of about AED 4,900 a year.

Sales and rents for S06/TH16 over time

Sales
Villa S06/TH16, 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, August 2015: AED 658,888 (AED 286 per sqft)

S06/TH16 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH16, 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 167,500Renewal, October 2015: AED 168,000 a yearRenewal, October 2016: AED 168,000 a yearNew contract, October 2017: AED 155,000 a yearRenewal, October 2018: AED 140,000 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 S06/TH16 sits

All 181 3-beds →

S06/TH16 last sold in August 2015 at AED 286 per sqft, 76% below what three-beds in The Springs 8 were fetching at the time (AED 1,216). 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. S06/TH16's AED 140,000 is at the bottom 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 →

S06/TH16, The Springs 8 in numbers

  • Sold once: by Emaar on 24 August 2015 for AED 658,888, or AED 286 per sqft.
  • Rented since October 2015 on 4 Ejari contracts, from AED 168,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2015 price is 21.3%, before a service charge of about AED 4,900 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 26 October 2018.

Questions about S06/TH16, The Springs 8

What did villa S06/TH16 last sell for?

AED 658,888 on 24 August 2015, sold by the developer: AED 286 per sqft for 2,300 sqft. It is the only registered sale of the villa.

What is the rent for villa S06/TH16?

AED 140,000 a year on the contract renewed on 26 October 2018. The previous contract, from October 2017, was AED 155,000; the villa has been rented since October 2015.

How big is villa S06/TH16?

2,300 sqft (213.7 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S06/TH16 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.

Selling S06/TH16? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on S06/TH16, The Springs 8

Starts from the last sale price (AED 659K, 24 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 658,888
Deposit, UAE resident (20%)
AED 131,778
Deposit, non-resident (40%)
AED 263,555
Monthly over 25 years at 3.7%
AED 2,696

Plus AED 32,684 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →