2-bed · 1,638 sqftThe Springs 8, The Springs · completed 2005

S08/TH29, The Springs 8

Sold prices and rental history: sold 4 times, last in October 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH29 · DLD and Ejari recordsUpdated 12 October 2023
Last soldAED 2M12 October 2023
Current rentAED 110K /yr23 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH29, The Springs 8

What is S08/TH29 worth today?

Last sold for AED 2,000,000 in 2023

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12 Oct 2023SoldReady
AED 2,000,000AED 1,221 per sqft
23 Jun 2023RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
24 Dec 2022RentedRenewal
AED 98,000/yr12 months · AED 60 per sqft
24 Dec 2021RentedNew contract
AED 88,000/yr12 months · AED 54 per sqft
28 Oct 2021SoldReady
AED 1,370,000AED 836 per sqft
24 Jun 2021RentedRenewal
AED 88,000/yr12 months · AED 54 per sqft
24 Jun 2020RentedRenewal
AED 88,000/yr12 months · AED 54 per sqft
24 Jun 2019RentedRenewal
AED 93,000/yr12 months · AED 57 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 October 2023.

Key facts

Type
2-bed villa
Size
1,638 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 2M · October 2023
Community
The Springs 8

About S08/TH29, The Springs 8

S08/TH29 is a two-bedroom villa of 1,638 sqft in The Springs 8, a villa community in The Springs completed in 2005 by Emaar. It last sold on 12 October 2023 for AED 2,000,000, or AED 1,221 per sqft, 4% below the AED 1,274 two-beds in the community were fetching at the time.

It has been rented continuously since 2011 on 14 Ejari contracts. The current contract, signed on 23 June 2023, is AED 110,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 3,500 a year.

Sales and rents for S08/TH29 over time

Sales
Villa S08/TH29, 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 2008: AED 600,000 (AED 366 per sqft)Sold, July 2008: AED 1,325,000 (AED 809 per sqft)Sold, October 2021: AED 1,370,000 (AED 836 per sqft)Sold, October 2023: AED 2,000,000 (AED 1,221 per sqft)

S08/TH29 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa S08/TH29, each contractTypical two-bed in The Springs 8
50K100K150K20112015201920232027Typical 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, September 2011: AED 65,000 a yearNew contract, September 2012: AED 67,000 a yearNew contract, July 2013: AED 85,000 a yearNew contract, July 2014: AED 127,000 a yearNew contract, July 2015: AED 127,000 a yearNew contract, March 2016: AED 125,000 a yearNew contract, June 2017: AED 102,000 a yearRenewal, June 2018: AED 102,000 a yearRenewal, June 2019: AED 93,000 a yearRenewal, June 2020: AED 88,000 a yearRenewal, June 2021: AED 88,000 a yearNew contract, December 2021: AED 88,000 a yearRenewal, December 2022: AED 98,000 a yearNew contract, June 2023: AED 110,000 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/TH29 sits

All 98 2-beds →

S08/TH29 last sold in October 2023 at AED 1,221 per sqft, 4% below what two-beds in The Springs 8 were fetching at the time (AED 1,274). 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/TH29's AED 110,000 is in the lower half 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/TH29, The Springs 8 in numbers

  • Sold 4 times: first on 27 July 2008 for AED 1,325,000, last on 12 October 2023 for AED 2,000,000 (AED 1,221 per sqft).
  • Rented since September 2011 on 14 Ejari contracts, from AED 65,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.5%, 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 12 October 2023.

Questions about S08/TH29, The Springs 8

What did villa S08/TH29 last sell for?

AED 2,000,000 on 12 October 2023: AED 1,221 per sqft for 1,638 sqft. The villa has 4 registered sales; the first was AED 1,325,000 in July 2008.

What is the rent for villa S08/TH29?

AED 110,000 a year on the contract signed on 23 June 2023. The previous contract, from December 2022, was AED 98,000; the villa has been rented since September 2011.

How big is villa S08/TH29?

1,638 sqft (152.2 sqm): a two-bedroom villa in The Springs 8, completed in 2005.

What is villa S08/TH29 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/TH29, The Springs 8

Starts from the last sale price (AED 2M, 12 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →