Home
Dubai prices
About
Research
3-bed · 2,346 sqftThe Springs 8, The Springs · completed 2005

S08/TH03, The Springs 8

Sold prices and rental history: sold twice, last in January 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH03 · DLD and Ejari recordsUpdated 24 January 2019
Last soldAED 1.93M24 January 2019
Current rentAED 180K /yr24 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH03, The Springs 8

What is S08/TH03 worth today?

Last sold for AED 1,925,000 in 2019

Unlock today's estimate, updated daily, with

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

24 Jan 2019SoldReady
AED 1,925,000AED 820 per sqft
24 Jan 2017RentedRenewal
AED 180,000/yr12 months · AED 77 per sqft
24 Jan 2015RentedRenewal
AED 180,000/yr12 months · AED 77 per sqft
24 Jan 2014RentedNew contract
AED 165,000/yr12 months · AED 70 per sqft
21 Jan 2013RentedNew contract
AED 125,000/yr12 months · AED 53 per sqft
3 Jan 2011Sold by developerReady
AED 1,581,037AED 674 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 January 2019.

Key facts

Type
3-bed villa
Size
2,346 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 1.93M · January 2019
Community
The Springs 8

About S08/TH03, The Springs 8

S08/TH03 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 24 January 2019 for AED 1,925,000, or AED 820 per sqft, 8% below the AED 891 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 24 January 2017, is AED 180,000 a year: a gross yield of 9.3% on the 2019 price, before the service charge of about AED 5,000 a year.

Sales and rents for S08/TH03 over time

Sales
Villa S08/TH03, 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, January 2011: AED 1,581,037 (AED 674 per sqft)Sold, January 2019: AED 1,925,000 (AED 820 per sqft)

S08/TH03 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/TH03, 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, January 2013: AED 125,000 a yearNew contract, January 2014: AED 165,000 a yearRenewal, January 2015: AED 180,000 a yearRenewal, January 2017: AED 180,000 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/TH03 sits

All 181 3-beds →

S08/TH03 last sold in January 2019 at AED 820 per sqft, 8% below what three-beds in The Springs 8 were fetching at the time (AED 891). 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/TH03's AED 180,000 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/TH03, The Springs 8 in numbers

  • Sold twice: first on 3 January 2011 for AED 1,581,037, last on 24 January 2019 for AED 1,925,000 (AED 820 per sqft).
  • Rented since January 2013 on 4 Ejari contracts, from AED 125,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2019 price is 9.3%, 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 January 2019.

Questions about S08/TH03, The Springs 8

What did villa S08/TH03 last sell for?

AED 1,925,000 on 24 January 2019: AED 820 per sqft for 2,346 sqft. The villa has 2 registered sales; the first was AED 1,581,037 in January 2011.

What is the rent for villa S08/TH03?

AED 180,000 a year on the contract renewed on 24 January 2017. The previous contract, from January 2015, was AED 180,000; the villa has been rented since January 2013.

How big is villa S08/TH03?

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

What is villa S08/TH03 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 S08/TH03? 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 S08/TH03, The Springs 8

Starts from the last sale price (AED 1.93M, 24 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,925,000
Deposit, UAE resident (20%)
AED 385,000
Deposit, non-resident (40%)
AED 770,000
Monthly over 25 years at 3.7%
AED 7,876

Plus AED 85,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →