3-bed · 2,290 sqftThe Springs 2, The Springs · completed 2005

S06/TH36, The Springs 2

Sold prices and rental history: sold 4 times, last in May 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S06/TH36 · DLD and Ejari recordsUpdated 23 May 2021
Last soldAED 2.6M23 May 2021
Current rentAED 135K /yr23 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S06/TH36, The Springs 2

What is S06/TH36 worth today?

Last sold for AED 2,600,000 in 2021

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23 May 2021SoldReady
AED 2,600,000AED 1,135 per sqft
23 Mar 2019RentedNew contract
AED 135,000/yr12 months · AED 59 per sqft
7 Mar 2017RentedNew contract
AED 170,000/yr12 months · AED 74 per sqft
3 Oct 2016SoldReady
AED 2,600,000AED 1,135 per sqft
16 Aug 2014RentedRenewal
AED 180,000/yr12 months · AED 79 per sqft
16 Aug 2013RentedRenewal
AED 155,000/yr12 months · AED 68 per sqft
16 Aug 2012RentedNew contract
AED 155,000/yr12 months · AED 68 per sqft
28 Sep 2009Sold by developerReady
AED 783,888AED 342 per sqft

Source: Dubai Land Department. Updated 23 May 2021.

Key facts

Type
3-bed villa
Size
2,290 sqft
Developer
Emaar
Completed
2005
Service charge
AED 4,900 /yr
Last sold
AED 2.6M · May 2021
Community
The Springs 2

About S06/TH36, The Springs 2

S06/TH36 is a three-bedroom villa of 2,290 sqft in The Springs 2, a villa community in The Springs completed in 2005 by Emaar. It last sold on 23 May 2021 for AED 2,600,000, or AED 1,135 per sqft, 33% above the AED 855 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 23 March 2019, is AED 135,000 a year: a gross yield of 5.2% on the 2021 price, before the service charge of about AED 4,900 a year.

Sales and rents for S06/TH36 over time

Sales
Villa S06/TH36, each saleTypical three-bed in The Springs 2
02.5M5M20072012201720222027Typical sale price by year: 2007 AED 734,888; 2008 AED 917,888; 2009 AED 1,545,000; 2010 AED 1,225,000; 2011 AED 1,240,000; 2012 AED 2,050,000; 2013 AED 2,570,000; 2014 AED 2,400,000; 2015 AED 2,750,000; 2016 AED 2,800,000; 2017 AED 2,375,000; 2018 AED 2,100,000; 2019 AED 2,050,000; 2020 AED 1,850,000; 2021 AED 2,600,000; 2022 AED 3,235,000; 2023 AED 3,500,000; 2024 AED 4,925,000; 2025 AED 5,350,000; 2026 AED 5,800,000Sold by developer, September 2009: AED 783,888 (AED 342 per sqft)Sold, September 2009: AED 2,040,000 (AED 890 per sqft)Sold, October 2016: AED 2,600,000 (AED 1,135 per sqft)Sold, May 2021: AED 2,600,000 (AED 1,135 per sqft)

S06/TH36 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa S06/TH36, each contractTypical three-bed in The Springs 2
150K200K20112015201920232027Typical rent by year: 2011 AED 135,000; 2012 AED 147,500; 2013 AED 160,000; 2014 AED 179,250; 2015 AED 180,000; 2016 AED 181,000; 2017 AED 170,000; 2018 AED 160,000; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 134,500; 2022 AED 150,000; 2023 AED 170,000; 2024 AED 205,000; 2025 AED 230,000; 2026 AED 230,000New contract, August 2012: AED 155,000 a yearRenewal, August 2013: AED 155,000 a yearRenewal, August 2014: AED 180,000 a yearNew contract, March 2017: AED 170,000 a yearNew contract, March 2019: AED 135,000 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 2, and where S06/TH36 sits

All 193 3-beds →

S06/TH36 last sold in May 2021 at AED 1,135 per sqft, 33% above what three-beds in The Springs 2 were fetching at the time (AED 855). Over the last 12 months three-beds sold for AED 4,950,000 to 8,250,000, around AED 2,339 per sqft, and rent for AED 120,000 to 335,000 a year. S06/TH36's AED 135,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
3 Sep 20268,250,000
14 Aug 20265,200,000
11 Jul 20265,025,000
9 Jul 20264,950,000
8 3-bed sales in the last 12 months

The Springs 2

Community

484 villas, 2-bed to 4-bed in The Springs, completed in 2005 by Emaar. 22 sold in the last 12 months.

Typical price per sqft
AED 2,164 Up 5.7%
Typical sale
AED 4.23M
Typical rent
AED 186K /yr
Typical yield
4.3%
The Springs 2, The Springs: prices, sales and rents →

S06/TH36, The Springs 2 in numbers

  • Sold 4 times: first on 28 September 2009 for AED 2,040,000, last on 23 May 2021 for AED 2,600,000 (AED 1,135 per sqft).
  • Rented since August 2012 on 5 Ejari contracts, from AED 155,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2021 price is 5.2%, before a service charge of about AED 4,900 a year (AED 2.13 per sqft).
  • Three-beds in The Springs 2 sold for AED 4,950,000–8,250,000 in the 12 months to November 2026; the community's median across all types is AED 2,164 per sqft.

Source: Dubai Land Department. Updated 23 May 2021.

Questions about S06/TH36, The Springs 2

What did villa S06/TH36 last sell for?

AED 2,600,000 on 23 May 2021: AED 1,135 per sqft for 2,290 sqft. The villa has 4 registered sales; the first was AED 2,040,000 in September 2009.

What is the rent for villa S06/TH36?

AED 135,000 a year on the contract signed on 23 March 2019. The previous contract, from March 2017, was AED 170,000; the villa has been rented since August 2012.

How big is villa S06/TH36?

2,290 sqft (212.7 sqm): a three-bedroom villa in The Springs 2, completed in 2005.

What is villa S06/TH36 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 2 sold for AED 4,950,000 to 8,250,000 in the last 12 months, around AED 2,339 per sqft.

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Mortgage on S06/TH36, The Springs 2

Starts from the last sale price (AED 2.6M, 23 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →