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3-bed · 2,360 sqftThe Springs 8, The Springs · completed 2005

S07/TH02, The Springs 8

Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH02 · DLD and Ejari recordsUpdated 24 November 2024
Last soldAED 744K16 June 2013
Current rentAED 179K /yr24 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH02, The Springs 8

What is S07/TH02 worth today?

Last sold for AED 743,888 in 2013

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24 Nov 2024RentedRenewal
AED 179,300/yr12 months · AED 76 per sqft
24 Nov 2023RentedRenewal
AED 163,800/yr12 months · AED 69 per sqft
24 Nov 2022RentedRenewal
AED 136,500/yr12 months · AED 58 per sqft
24 Nov 2019RentedRenewal
AED 140,000/yr12 months · AED 59 per sqft
24 Nov 2018RentedRenewal
AED 150,000/yr12 months · AED 64 per sqft
24 Nov 2016RentedNew contract
AED 160,000/yr12 months · AED 68 per sqft
15 Apr 2015RentedRenewal
AED 155,000/yr12 months · AED 66 per sqft
15 Apr 2014RentedNew contract
AED 155,000/yr12 months · AED 66 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 November 2024.

Key facts

Type
3-bed villa
Size
2,360 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 744K · June 2013
Community
The Springs 8

About S07/TH02, The Springs 8

S07/TH02 is a three-bedroom villa of 2,360 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 16 June 2013 for AED 743,888, or AED 315 per sqft, 65% below the AED 900 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 24 November 2024, is AED 179,300 a year: a gross yield of 24.1% on the 2013 price, before the service charge of about AED 5,000 a year.

Sales and rents for S07/TH02 over time

Sales
Villa S07/TH02, 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, June 2013: AED 743,888 (AED 315 per sqft)

S07/TH02 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S07/TH02, 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, April 2013: AED 155,000 a yearNew contract, April 2014: AED 155,000 a yearRenewal, April 2015: AED 155,000 a yearNew contract, November 2016: AED 160,000 a yearRenewal, November 2018: AED 150,000 a yearRenewal, November 2019: AED 140,000 a yearRenewal, November 2022: AED 136,500 a yearRenewal, November 2023: AED 163,800 a yearRenewal, November 2024: AED 179,300 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 S07/TH02 sits

All 181 3-beds →

S07/TH02 last sold in June 2013 at AED 315 per sqft, 65% below what three-beds in The Springs 8 were fetching at the time (AED 900). 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. S07/TH02's AED 179,300 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 →

S07/TH02, The Springs 8 in numbers

  • Sold once: by Emaar on 16 June 2013 for AED 743,888, or AED 315 per sqft.
  • Rented since April 2013 on 9 Ejari contracts. The rent fell from AED 155,000 to AED 136,500 in 2022 and recovered to AED 179,300 by November 2024.
  • At AED 179,300 a year the gross yield on the 2013 price is 24.1%, before a service charge of about AED 5,000 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 24 November 2024.

Questions about S07/TH02, The Springs 8

What did villa S07/TH02 last sell for?

AED 743,888 on 16 June 2013, sold by the developer: AED 315 per sqft for 2,360 sqft. It is the only registered sale of the villa.

What is the rent for villa S07/TH02?

AED 179,300 a year on the contract renewed on 24 November 2024. The previous contract, from November 2023, was AED 163,800; the villa has been rented since April 2013.

How big is villa S07/TH02?

2,360 sqft (219.3 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S07/TH02 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 S07/TH02, The Springs 8

Starts from the last sale price (AED 744K, 16 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 743,888
Deposit, UAE resident (20%)
AED 148,778
Deposit, non-resident (40%)
AED 297,555
Monthly over 25 years at 3.7%
AED 3,043

Plus AED 36,254 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →