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2-bed · 1,647 sqftThe Springs 8, The Springs · completed 2005

S08/TH22, The Springs 8

Sold prices and rental history: sold once, by the developer in July 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH22 · DLD and Ejari recordsUpdated 21 July 2020
Last soldAED 1.1M21 July 2020
Current rentAED 85K /yr5 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH22, The Springs 8

What is S08/TH22 worth today?

Last sold for AED 1,100,000 in 2020

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21 Jul 2020Sold by developerReady
AED 1,100,000AED 667 per sqft
5 Jul 2018RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
25 May 2017RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
5 Sep 2015RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
10 Apr 2013RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 July 2020.

Key facts

Type
2-bed villa
Size
1,647 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 1.1M · July 2020
Community
The Springs 8

About S08/TH22, The Springs 8

S08/TH22 is a two-bedroom villa of 1,647 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 21 July 2020 for AED 1,100,000, or AED 667 per sqft, in line with the AED 667 two-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 5 July 2018, is AED 85,000 a year: a gross yield of 7.7% on the 2020 price, before the service charge of about AED 3,500 a year.

Sales and rents for S08/TH22 over time

Sales
Villa S08/TH22, each saleTypical two-bed in The Springs 8
02M20072012201720222027Typical sale price by year: 2007 AED 472,388; 2008 AED 1,200,000; 2009 AED 911,400; 2010 AED 489,888; 2011 AED 850,000; 2012 AED 1,375,000; 2013 AED 1,767,500; 2014 AED 2,100,000; 2015 AED 1,750,000; 2016 AED 1,837,500; 2017 AED 1,722,500; 2018 AED 1,630,000; 2019 AED 1,050,000; 2020 AED 1,100,000; 2021 AED 1,632,500; 2022 AED 1,800,000; 2023 AED 2,175,000; 2024 AED 2,925,000; 2025 AED 3,225,000; 2026 AED 3,450,000Sold by developer, July 2020: AED 1,100,000 (AED 667 per sqft)

S08/TH22 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa S08/TH22, each contractTypical two-bed in The Springs 8
100K150K2012201620202024Typical rent by year: 2012 AED 88,500; 2013 AED 100,000; 2014 AED 127,000; 2015 AED 128,750; 2016 AED 129,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 82,500; 2021 AED 86,308; 2022 AED 97,300; 2023 AED 110,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 160,000New contract, April 2013: AED 90,000 a yearNew contract, September 2015: AED 120,000 a yearNew contract, May 2017: AED 110,000 a yearNew contract, July 2018: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in The Springs 8, and where S08/TH22 sits

All 98 2-beds →

S08/TH22 last sold in July 2020 at AED 667 per sqft, in line with what two-beds in The Springs 8 were fetching at the time (AED 667). Over the last 12 months two-beds sold for AED 2,775,000 to 4,225,000, around AED 1,998 per sqft, and rent for AED 109,345 to 240,000 a year. S08/TH22's AED 85,000 is at the bottom of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
13 Feb 20263,450,000
9 Jan 20264,090,000
2 Jan 20263,250,000
16 Dec 20252,775,000
6 2-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/TH22, The Springs 8 in numbers

  • Sold once: by Emaar on 21 July 2020 for AED 1,100,000, or AED 667 per sqft.
  • Rented since April 2013 on 4 Ejari contracts, from AED 90,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2020 price is 7.7%, before a service charge of about AED 3,500 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 8 sold for AED 2,775,000–4,225,000 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 2020.

Questions about S08/TH22, The Springs 8

What did villa S08/TH22 last sell for?

AED 1,100,000 on 21 July 2020, sold by the developer: AED 667 per sqft for 1,647 sqft. It is the only registered sale of the villa.

What is the rent for villa S08/TH22?

AED 85,000 a year on the contract signed on 5 July 2018. The previous contract, from May 2017, was AED 110,000; the villa has been rented since April 2013.

How big is villa S08/TH22?

1,647 sqft (153.0 sqm): a two-bedroom villa in The Springs 8, completed in 2005.

What is villa S08/TH22 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 8 sold for AED 2,775,000 to 4,225,000 in the last 12 months, around AED 1,998 per sqft.

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Mortgage on S08/TH22, The Springs 8

Starts from the last sale price (AED 1.1M, 21 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →