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3-bed · 1,656 sqftThe Springs 9, The Springs · completed 2005

S08/TH15, The Springs 9

Sold prices and rental history: sold once, by the developer in January 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S08/TH15 · DLD and Ejari recordsUpdated 20 November 2021
Last soldAED 453K2 January 2008
Current rentAED 75K /yr20 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S08/TH15, The Springs 9

What is S08/TH15 worth today?

Last sold for AED 452,888 in 2008

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20 Nov 2021RentedRenewal
AED 75,000/yr12 months · AED 45 per sqft
20 Nov 2020RentedRenewal
AED 65,000/yr12 months · AED 39 per sqft
20 Nov 2019RentedNew contract
AED 75,000/yr12 months · AED 45 per sqft
17 Aug 2018RentedRenewal
AED 112,500/yr12 months · AED 68 per sqft
17 Aug 2017RentedRenewal
AED 115,500/yr12 months · AED 70 per sqft
17 Aug 2016RentedNew contract
AED 110,000/yr12 months · AED 66 per sqft
1 Aug 2015RentedRenewal
AED 101,200/yr12 months · AED 61 per sqft
2 Jan 2008Sold by developerReady
AED 452,888AED 273 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2021.

Key facts

Type
3-bed villa
Size
1,656 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 453K · January 2008
Community
The Springs 9

About S08/TH15, The Springs 9

S08/TH15 is a three-bedroom villa of 1,656 sqft in The Springs 9, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 2 January 2008 for AED 452,888, or AED 273 per sqft, in line with the AED 280 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 20 November 2021, is AED 75,000 a year: a gross yield of 16.6% on the 2008 price, before the service charge of about AED 3,500 a year.

Sales and rents for S08/TH15 over time

Sales
Villa S08/TH15, 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, January 2008: AED 452,888 (AED 273 per sqft)

S08/TH15 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa S08/TH15, 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 220,593Renewal, August 2015: AED 101,200 a yearNew contract, August 2016: AED 110,000 a yearRenewal, August 2017: AED 115,500 a yearRenewal, August 2018: AED 112,500 a yearNew contract, November 2019: AED 75,000 a yearRenewal, November 2020: AED 65,000 a yearRenewal, November 2021: AED 75,000 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 S08/TH15 sits

All 268 3-beds →

S08/TH15 last sold in January 2008 at AED 273 per sqft, in line with what three-beds in The Springs 9 were fetching at the time (AED 280). 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. S08/TH15's AED 75,000 is at the bottom 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 →

S08/TH15, The Springs 9 in numbers

  • Sold once: by Emaar on 2 January 2008 for AED 452,888, or AED 273 per sqft.
  • Rented since August 2015 on 7 Ejari contracts. The rent fell from AED 101,200 to AED 65,000 in 2020 and recovered to AED 75,000 by November 2021.
  • At AED 75,000 a year the gross yield on the 2008 price is 16.6%, before a service charge of about AED 3,500 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 20 November 2021.

Questions about S08/TH15, The Springs 9

What did villa S08/TH15 last sell for?

AED 452,888 on 2 January 2008, sold by the developer: AED 273 per sqft for 1,656 sqft. It is the only registered sale of the villa.

What is the rent for villa S08/TH15?

AED 75,000 a year on the contract renewed on 20 November 2021. The previous contract, from November 2020, was AED 65,000; the villa has been rented since August 2015.

How big is villa S08/TH15?

1,656 sqft (153.8 sqm): a three-bedroom villa in The Springs 9, completed in 2005.

What is villa S08/TH15 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 S08/TH15, The Springs 9

Starts from the last sale price (AED 453K, 2 January 2008). Switch to today's estimate once you have unlocked it.
Price
AED 452,888
Deposit, UAE resident (20%)
AED 90,578
Deposit, non-resident (40%)
AED 181,155
Monthly over 25 years at 3.7%
AED 1,853

Plus AED 21,932 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →