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3-bed · 2,346 sqftThe Springs 8, The Springs · completed 2005

S07/TH15, The Springs 8

Sold prices and rental history: sold 5 times, last in July 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S07/TH15 · DLD and Ejari recordsUpdated 21 July 2022
Last soldAED 2.58M21 July 2022
Current rentAED 105K /yr15 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S07/TH15, The Springs 8

What is S07/TH15 worth today?

Last sold for AED 2,580,000 in 2022

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21 Jul 2022SoldReady
AED 2,580,000AED 1,099 per sqft
15 Aug 2020RentedNew contract
AED 105,000/yr12 months · AED 45 per sqft
1 Aug 2019RentedRenewal
AED 125,000/yr12 months · AED 53 per sqft
1 Aug 2018RentedNew contract
AED 135,000/yr12 months · AED 58 per sqft
2 Aug 2017RentedRenewal
AED 155,000/yr12 months · AED 66 per sqft
1 Aug 2016RentedRenewal
AED 169,544/yr12 months · AED 72 per sqft
1 Aug 2015RentedNew contract
AED 170,000/yr12 months · AED 72 per sqft
1 Aug 2014RentedNew contract
AED 170,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 July 2022.

Key facts

Type
3-bed villa
Size
2,346 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 2.58M · July 2022
Community
The Springs 8

About S07/TH15, The Springs 8

S07/TH15 is a three-bedroom villa of 2,346 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 21 July 2022 for AED 2,580,000, or AED 1,099 per sqft, in line with the AED 1,094 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 15 August 2020, is AED 105,000 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 5,000 a year.

Sales and rents for S07/TH15 over time

Sales
Villa S07/TH15, 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, May 2009: AED 634,888 (AED 270 per sqft)Sold, May 2009: AED 1,550,000 (AED 660 per sqft)Sold, July 2009: AED 1,800,000 (AED 767 per sqft)Sold, December 2013: AED 3,033,000 (AED 1,293 per sqft)Sold, July 2022: AED 2,580,000 (AED 1,099 per sqft)

S07/TH15 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S07/TH15, 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, November 2012: AED 136,000 a yearNew contract, November 2013: AED 136,000 a yearNew contract, August 2014: AED 170,000 a yearNew contract, August 2015: AED 170,000 a yearRenewal, August 2016: AED 169,544 a yearRenewal, August 2017: AED 155,000 a yearNew contract, August 2018: AED 135,000 a yearRenewal, August 2019: AED 125,000 a yearNew contract, August 2020: AED 105,000 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 S07/TH15 sits

All 181 3-beds →

S07/TH15 last sold in July 2022 at AED 1,099 per sqft, in line with what three-beds in The Springs 8 were fetching at the time (AED 1,094). 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/TH15's AED 105,000 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 →

S07/TH15, The Springs 8 in numbers

  • Sold 5 times: first on 18 May 2009 for AED 1,550,000, last on 21 July 2022 for AED 2,580,000 (AED 1,099 per sqft).
  • Rented since November 2012 on 9 Ejari contracts, from AED 136,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 4.1%, 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 21 July 2022.

Questions about S07/TH15, The Springs 8

What did villa S07/TH15 last sell for?

AED 2,580,000 on 21 July 2022: AED 1,099 per sqft for 2,346 sqft. The villa has 5 registered sales; the first was AED 1,550,000 in May 2009.

What is the rent for villa S07/TH15?

AED 105,000 a year on the contract signed on 15 August 2020. The previous contract, from August 2019, was AED 125,000; the villa has been rented since November 2012.

How big is villa S07/TH15?

2,346 sqft (218.0 sqm): a three-bedroom villa in The Springs 8, completed in 2005.

What is villa S07/TH15 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/TH15, The Springs 8

Starts from the last sale price (AED 2.58M, 21 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,580,000
Deposit, UAE resident (20%)
AED 516,000
Deposit, non-resident (40%)
AED 1,032,000
Monthly over 25 years at 3.7%
AED 10,556

Plus AED 113,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →