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

S08/TH02, The Springs 8

Sold prices and rental history: sold 3 times, last in January 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH02 · DLD and Ejari recordsUpdated 10 January 2017
Last soldAED 2.4M10 January 2017
Current rentAED 165K /yr1 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH02, The Springs 8

What is S08/TH02 worth today?

Last sold for AED 2,400,000 in 2017

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10 Jan 2017SoldReady
AED 2,400,000AED 1,017 per sqft
1 Jun 2016RentedNew contract
AED 165,000/yr12 months · AED 70 per sqft
1 May 2015RentedNew contract
AED 170,887/yr12 months · AED 72 per sqft
1 May 2014RentedNew contract
AED 162,750/yr12 months · AED 69 per sqft
1 May 2013RentedNew contract
AED 155,000/yr12 months · AED 66 per sqft
17 Jul 2008Sold by developerReady
AED 2,000,000AED 847 per sqft
17 Jul 2008SoldReady
AED 141,000AED 59 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 January 2017.

Key facts

Type
3-bed villa
Size
2,360 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 2.4M · January 2017
Community
The Springs 8

About S08/TH02, The Springs 8

S08/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. It last sold on 10 January 2017 for AED 2,400,000, or AED 1,017 per sqft, 3% below the AED 1,050 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 June 2016, is AED 165,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 5,000 a year.

Sales and rents for S08/TH02 over time

Sales
Villa S08/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, July 2008: AED 2,000,000 (AED 847 per sqft)Sold, July 2008: AED 141,000 (AED 59 per sqft)Sold, January 2017: AED 2,400,000 (AED 1,017 per sqft)

S08/TH02 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/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, May 2013: AED 155,000 a yearNew contract, May 2014: AED 162,750 a yearNew contract, May 2015: AED 170,887 a yearNew contract, June 2016: AED 165,000 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 S08/TH02 sits

All 181 3-beds →

S08/TH02 last sold in January 2017 at AED 1,017 per sqft, 3% below what three-beds in The Springs 8 were fetching at the time (AED 1,050). 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. S08/TH02's AED 165,000 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 →

S08/TH02, The Springs 8 in numbers

  • Sold 3 times: first on 17 July 2008 for AED 141,000, last on 10 January 2017 for AED 2,400,000 (AED 1,017 per sqft).
  • Rented since May 2013 on 4 Ejari contracts, from AED 155,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2017 price is 6.9%, 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 10 January 2017.

Questions about S08/TH02, The Springs 8

What did villa S08/TH02 last sell for?

AED 2,400,000 on 10 January 2017: AED 1,017 per sqft for 2,360 sqft. The villa has 3 registered sales; the first was AED 141,000 in July 2008.

What is the rent for villa S08/TH02?

AED 165,000 a year on the contract signed on 1 June 2016. The previous contract, from May 2015, was AED 170,887; the villa has been rented since May 2013.

How big is villa S08/TH02?

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

What is villa S08/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 S08/TH02, The Springs 8

Starts from the last sale price (AED 2.4M, 10 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →