AED 5,100,000
Own this from just
18,726 AED/monthAmazing Lake views | ROI Potential of 6%
This family home is backing on to the main lake and boasts a beautiful greenery and lake view. The Type 3E consists of 3 spacious bedrooms along with a study room on the ground floor.
Description:
-Type 3E
-3 Bedrooms
- 3 Baths
- Study
-BUA: 2204 sqft
-Plot: 3888 sqft
-Lake view
-Beautiful private garden
-Near local amenities
-Well maintained
-Close proximity to Springs Souk, Schools and Mediclinic.
This villa is currently rented till June 2025. The new owner can serve a 12 months notice to the tenant for the purpose of renovations. Renovated 3E Villas can fetch a rental income of more than AED 300,000 p.a.
The Springs is one of Dubai's most desirable residential communities, offering luxury living in a safe and secure environment. Located in the heart of the New City of Dubai, it is surrounded by lush green parks, swimming pools, and landscaping. Enjoy the km long promenades around the lakes on foot, bike or by walking your dog.
Engel & Voelkers is one of the world's leading service companies specializing in the brokerage of residential and commercial properties, yachts, and aviation, with 1,000+ offices in over 30 countries.
Contact Engel & Voelkers today for further details.
Property details
Property Type
Villa
Property Size
2,205 sqft / 205 sqm
Bedrooms
3
Bathrooms
3
Amenities
Shared Pool
Covered Parking
View of Water
Children's Pool
Children's Play Area
Location
Price Insights
Transactions for Similar Properties
3 Beds Villa in Springs 5
Sold for
Date | AED | Area (sqft) |
---|---|---|
9 Jul 2024 | 4,100,000 | 2,748 |
10 May 2024 | 3,900,000 | 3,604 |
6 May 2024 | 3,575,000 | 2,667 |
26 Apr 2024 | 4,800,000 | 2,766 |
1 Apr 2024 | 4,050,000 | 4,231 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
10 Sep 2024 | 195,000 | 4,239 |
2 Sep 2024 | 225,000 | 2,760 |
1 Sep 2024 | 220,000 | 3,895 |
25 Aug 2024 | 190,000 | 3,897 |
25 Aug 2024 | 267,500 | 4,054 |
Powered byDataGuru
This property costs 10% more than the average price of 3 bedroom in The Springs
Average Sale Price is 4,616,548 AED
This property is 18% smaller than the average size of 3 bedroom in The Springs
Average size is 2,704 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in The Springs
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ENGEL & VÖLKERS Dubai - S5
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Response time
within 30 minutes
Languages
English,Arabic,German
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
18,726 AED
with interest rate of
3.94%
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Regulatory information
Regulatory information
Reference
RL9773
Listed
1 month ago
Broker ORN
16081
Zone name
Al Thanayah Fourth
DLD Permit Number:
6914569200
Own this property from just
18,726 AED /month
Fixed rates from: 3.94%
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