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3-bed · 2,214 sqftThe Springs 9, The Springs · completed 2005

S01/TH03, The Springs 9

Sold prices and rental history: sold once, by the developer in June 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S01/TH03 · DLD and Ejari recordsUpdated 19 July 2024
Last soldAED 2.75M22 June 2023
Current rentAED 229K /yr19 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S01/TH03, The Springs 9

What is S01/TH03 worth today?

Last sold for AED 2,750,000 in 2023

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19 Jul 2024RentedRenewal
AED 228,770/yr12 months · AED 103 per sqft
20 Jul 2023RentedNew contract
AED 220,000/yr12 months · AED 99 per sqft
22 Jun 2023Sold by developerReady
AED 2,750,000AED 1,241 per sqft
7 Oct 2021RentedNew contract
AED 120,500/yr12 months · AED 54 per sqft
7 Oct 2021RentedRenewal
AED 115,000/yr12 months · AED 52 per sqft
7 Oct 2020RentedNew contract
AED 115,000/yr12 months · AED 52 per sqft
23 Oct 2017RentedNew contract
AED 165,000/yr12 months · AED 75 per sqft
1 Jul 2017RentedRenewal
AED 170,000/yr12 months · AED 77 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 July 2024.

Key facts

Type
3-bed villa
Size
2,214 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,700 /yr
Last sold
AED 2.75M · June 2023
Community
The Springs 9

About S01/TH03, The Springs 9

S01/TH03 is a three-bedroom villa of 2,214 sqft in The Springs 9, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 22 June 2023 for AED 2,750,000, or AED 1,241 per sqft, in line with the AED 1,244 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 19 July 2024, is AED 228,770 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 4,700 a year.

Sales and rents for S01/TH03 over time

Sales
Villa S01/TH03, each saleTypical three-bed in The Springs 9
02M4M2007201220172022Typical sale price by year: 2007 AED 630,888; 2008 AED 1,000,000; 2009 AED 1,110,000; 2010 AED 1,146,571; 2011 AED 995,000; 2012 AED 1,400,000; 2013 AED 1,937,500; 2014 AED 2,462,500; 2015 AED 2,025,000; 2016 AED 1,755,000; 2017 AED 1,685,000; 2018 AED 1,850,000; 2019 AED 1,780,000; 2020 AED 1,505,000; 2021 AED 2,360,000; 2022 AED 2,655,000; 2023 AED 2,850,000; 2024 AED 4,050,000; 2025 AED 4,900,000Sold by developer, June 2023: AED 2,750,000 (AED 1,241 per sqft)

S01/TH03 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S01/TH03, each contractTypical three-bed in The Springs 9
100K200K20112015201920232027Typical rent by year: 2011 AED 136,625; 2012 AED 110,000; 2013 AED 125,500; 2014 AED 139,625; 2015 AED 150,000; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 129,000; 2019 AED 120,000; 2020 AED 103,500; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 145,000; 2024 AED 154,500; 2025 AED 168,000; 2026 AED 220,593New contract, May 2014: AED 190,000 a yearNew contract, July 2016: AED 180,000 a yearRenewal, July 2017: AED 170,000 a yearNew contract, October 2017: AED 165,000 a yearNew contract, October 2020: AED 115,000 a yearNew contract, October 2021: AED 120,500 a yearRenewal, October 2021: AED 115,000 a yearNew contract, July 2023: AED 220,000 a yearRenewal, July 2024: AED 228,770 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 9, and where S01/TH03 sits

All 268 3-beds →

S01/TH03 last sold in June 2023 at AED 1,241 per sqft, in line with what three-beds in The Springs 9 were fetching at the time (AED 1,244). Over the last 12 months three-beds sold for AED 3,255,240 to 5,800,000, around AED 1,909 per sqft, and rent for AED 115,000 to 290,000 a year. S01/TH03's AED 228,770 is in the upper half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
3 Feb 20263,255,240
26 Jan 20265,800,000
27 Oct 20256,200,000
17 Sep 20256,734,000
2 3-bed sales in the last 12 months

The Springs 9

Community

314 villas, 2-bed to 4-bed in The Springs, completed in 2005 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,198
Typical sale
AED 3.63M
Typical rent
AED 220K /yr
Typical yield
4.5%
The Springs 9, The Springs: prices, sales and rents →

S01/TH03, The Springs 9 in numbers

  • Sold once: by Emaar on 22 June 2023 for AED 2,750,000, or AED 1,241 per sqft.
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 190,000 to AED 115,000 in 2021 and recovered to AED 228,770 by July 2024.
  • At AED 228,770 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 4,700 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 9 sold for AED 3,255,240–5,800,000 in the 12 months to November 2026; the community's median across all types is AED 2,198 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 19 July 2024.

Questions about S01/TH03, The Springs 9

What did villa S01/TH03 last sell for?

AED 2,750,000 on 22 June 2023, sold by the developer: AED 1,241 per sqft for 2,214 sqft. It is the only registered sale of the villa.

What is the rent for villa S01/TH03?

AED 228,770 a year on the contract renewed on 19 July 2024. The previous contract, from July 2023, was AED 220,000; the villa has been rented since May 2014.

How big is villa S01/TH03?

2,214 sqft (205.7 sqm): a three-bedroom villa in The Springs 9, completed in 2005.

What is villa S01/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 9 sold for AED 3,255,240 to 5,800,000 in the last 12 months, around AED 1,909 per sqft.

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Mortgage on S01/TH03, The Springs 9

Starts from the last sale price (AED 2.75M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

Plus AED 120,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →