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3-bed · 2,365 sqftThe Springs 9, The Springs · completed 2005

S02/TH03, The Springs 9

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S02/TH03 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 631K2 September 2010
Current rentAED 155K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S02/TH03, The Springs 9

What is S02/TH03 worth today?

Last sold for AED 630,888 in 2010

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1 May 2024RentedRenewal
AED 155,250/yr12 months · AED 66 per sqft
1 May 2023RentedRenewal
AED 135,000/yr12 months · AED 57 per sqft
1 May 2022RentedRenewal
AED 120,000/yr12 months · AED 51 per sqft
1 May 2021RentedRenewal
AED 120,000/yr12 months · AED 51 per sqft
1 May 2019RentedRenewal
AED 130,000/yr12 months · AED 55 per sqft
1 May 2017RentedRenewal
AED 140,000/yr12 months · AED 59 per sqft
1 May 2016RentedRenewal
AED 140,000/yr12 months · AED 59 per sqft
1 May 2015RentedRenewal
AED 140,000/yr12 months · AED 59 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
3-bed villa
Size
2,365 sqft
Developer
Emaar
Completed
2005
Service charge
AED 5,000 /yr
Last sold
AED 631K · September 2010
Community
The Springs 9

About S02/TH03, The Springs 9

S02/TH03 is a three-bedroom villa of 2,365 sqft in The Springs 9, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 2 September 2010 for AED 630,888, or AED 266 per sqft, 51% below the AED 546 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 155,250 a year: a gross yield of 24.6% on the 2010 price, before the service charge of about AED 5,000 a year.

Sales and rents for S02/TH03 over time

Sales
Villa S02/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, September 2010: AED 630,888 (AED 266 per sqft)

S02/TH03 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S02/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 2013: AED 139,000 a yearRenewal, May 2015: AED 140,000 a yearRenewal, May 2016: AED 140,000 a yearRenewal, May 2017: AED 140,000 a yearRenewal, May 2019: AED 130,000 a yearRenewal, May 2021: AED 120,000 a yearRenewal, May 2022: AED 120,000 a yearRenewal, May 2023: AED 135,000 a yearRenewal, May 2024: AED 155,250 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 S02/TH03 sits

All 268 3-beds →

S02/TH03 last sold in September 2010 at AED 266 per sqft, 51% below what three-beds in The Springs 9 were fetching at the time (AED 546). 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. S02/TH03's AED 155,250 is in the lower 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 →

S02/TH03, The Springs 9 in numbers

  • Sold once: by Emaar on 2 September 2010 for AED 630,888, or AED 266 per sqft.
  • Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 139,000 to AED 120,000 in 2022 and recovered to AED 155,250 by May 2024.
  • At AED 155,250 a year the gross yield on the 2010 price is 24.6%, before a service charge of about AED 5,000 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 1 May 2024.

Questions about S02/TH03, The Springs 9

What did villa S02/TH03 last sell for?

AED 630,888 on 2 September 2010, sold by the developer: AED 266 per sqft for 2,365 sqft. It is the only registered sale of the villa.

What is the rent for villa S02/TH03?

AED 155,250 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 135,000; the villa has been rented since May 2013.

How big is villa S02/TH03?

2,365 sqft (219.7 sqm): a three-bedroom villa in The Springs 9, completed in 2005.

What is villa S02/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 S02/TH03, The Springs 9

Starts from the last sale price (AED 631K, 2 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 630,888
Deposit, UAE resident (20%)
AED 126,178
Deposit, non-resident (40%)
AED 252,355
Monthly over 25 years at 3.7%
AED 2,581

Plus AED 31,508 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →