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2-bed · 1,773 sqftThe Springs 8, The Springs · completed 2005

S08/TH24, The Springs 8

Sold prices and rental history: sold 5 times, last in April 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH24 · DLD and Ejari recordsUpdated 6 April 2022
Last soldAED 1.64M6 April 2022
Current rentAED 85K /yr4 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH24, The Springs 8

What is S08/TH24 worth today?

Last sold for AED 1,640,000 in 2022

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6 Apr 2022SoldReady
AED 1,640,000AED 925 per sqft
4 Apr 2022RentedRenewal
AED 85,000/yr12 months · AED 48 per sqft
4 Apr 2021RentedNew contract
AED 80,000/yr12 months · AED 45 per sqft
1 Mar 2020RentedNew contract
AED 85,000/yr12 months · AED 48 per sqft
18 Jan 2017SoldReady
AED 1,735,000AED 978 per sqft
15 May 2013SoldReady
AED 1,730,000AED 975 per sqft
26 Mar 2012SoldReady
AED 1,300,000AED 733 per sqft
17 Oct 2007Sold by developerReady
AED 244,944AED 138 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 April 2022.

Key facts

Type
2-bed villa
Size
1,773 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,800 /yr
Last sold
AED 1.64M · April 2022
Community
The Springs 8

About S08/TH24, The Springs 8

S08/TH24 is a two-bedroom villa of 1,773 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 6 April 2022 for AED 1,640,000, or AED 925 per sqft, in line with the AED 925 two-beds in the community were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 4 April 2022, is AED 85,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 3,800 a year.

Sales and rents for S08/TH24 over time

Sales
Villa S08/TH24, each saleTypical two-bed in The Springs 8
02M4M20072012201720222027Typical 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, October 2007: AED 244,944 (AED 138 per sqft)Sold, March 2012: AED 1,300,000 (AED 733 per sqft)Sold, May 2013: AED 1,730,000 (AED 975 per sqft)Sold, January 2017: AED 1,735,000 (AED 978 per sqft)Sold, April 2022: AED 1,640,000 (AED 925 per sqft)

S08/TH24 has sold 5 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S08/TH24, 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, March 2020: AED 85,000 a yearNew contract, April 2021: AED 80,000 a yearRenewal, April 2022: 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/TH24 sits

All 98 2-beds →

S08/TH24 last sold in April 2022 at AED 925 per sqft, in line with what two-beds in The Springs 8 were fetching at the time (AED 925). 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/TH24'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/TH24, The Springs 8 in numbers

  • Sold 5 times: first on 17 October 2007 for AED 244,944, last on 6 April 2022 for AED 1,640,000 (AED 925 per sqft).
  • Rented since March 2020 on 3 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 3,800 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 6 April 2022.

Questions about S08/TH24, The Springs 8

What did villa S08/TH24 last sell for?

AED 1,640,000 on 6 April 2022: AED 925 per sqft for 1,773 sqft. The villa has 5 registered sales; the first was AED 244,944 in October 2007.

What is the rent for villa S08/TH24?

AED 85,000 a year on the contract renewed on 4 April 2022. The previous contract, from April 2021, was AED 80,000; the villa has been rented since March 2020.

How big is villa S08/TH24?

1,773 sqft (164.7 sqm): a two-bedroom villa in The Springs 8, completed in 2005.

What is villa S08/TH24 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/TH24, The Springs 8

Starts from the last sale price (AED 1.64M, 6 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,640,000
Deposit, UAE resident (20%)
AED 328,000
Deposit, non-resident (40%)
AED 656,000
Monthly over 25 years at 3.7%
AED 6,710

Plus AED 73,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →