PropertyIndex

Spring

Completed · Q4 2022|154 villas

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Spring is a completed villas development by EMAAR DEVELOPMENT P.J.S.C. in Arabian Ranches 3, Wadi Al Safa 5, comprising 154 registered villas. 265 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,781 per sqft. At AED 1,781 per sqft, Spring prices 4% above the Arabian Ranches 3 average of AED 1,720 per sqft on registered sales.

PIX© price · 6.7% YoY
3.21MAED
Typical
1,781AED
PSF
Gross yield
5.0%
PIX© rent ÷ PIX© price
Sale records
265
DLD · all time
Rent contracts
339
Ejari · all time
Spring

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,373 – 4,168 sqft
1543.21M1,7816.7%160K5.0%
3 Bed · Villa
1,373 – 1,487 sqft
94
4 Bed · Villa
2,388 – 4,168 sqft
60
Sales — Project-Wide265 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
10 Jul 20263 Bed1,4552,850,0001,959+102.9%StandardStandard Sale
2 Jul 20264 Bed2,5303,850,0001,521+30.5%StandardStandard Sale
2 Apr 20264 Bed2,5313,300,0001,304-10.8%StandardStandard Sale
Rentals — Project-Wide339 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
28 Aug 20263 Bed1,455130,00089Entry Levelrenewal
15 Aug 20263 Bed1,459125,00086-5.5%Entry Levelnew
15 Aug 20264 Bed2,531175,00069-2.8%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Arabian Ranches 3

The closest-priced registered projects in Arabian Ranches 3.

Common questions about Spring

Answered from Dubai Land Department registered transactions.

How much does a property in Spring cost?

Property in Spring sells at a current PIX© price of AED 1,781 per sqft, or about AED 3,207,065 for a typical unit, based on 265 sales registered with the Dubai Land Department.

Is Spring completed?

Yes. Spring is recorded as completed in the Dubai Land Department project register (completed q4 2022).

Who is the developer of Spring?

Spring is developed by EMAAR DEVELOPMENT P.J.S.C., the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Spring?

Spring yields 5.0% gross, calculated from current PIX© rent against current PIX© sale price, across 339 registered Ejari contracts.

How many villas are in Spring?

Spring holds 154 registered villas, per the Dubai Land Department unit register.

Have prices in Spring gone up or down?

Price per sqft has risen +6.7% over the last 12 months, to AED 1,781, across 265 registered sales.