Springs 3
4 BR · Villa
Where it is
The pin is placed by district — I send the exact address on request.
The Springs
Dubai's first mass-market townhouse community, now past its twentieth year: grown trees, settled neighbours and rental demand that does not follow fashion.
- families with school-age children
- minimal tenant turnover
- a house near the working half of the city
What to check: The houses are twenty years old and the gap between a renovated unit and an original one is wider than the gap between clusters. Budget for air conditioning, plumbing and roof before you agree a price, not after.
Full district guide →Questions and answers about lot NP17-574887
How much is this 4-bedroom villa in Springs 3?
Lot NP17-574887 is priced at AED 5 600 000, about $1 525 000. The size is 2 377 sq ft (221 m²), which works out at AED 2 356 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 6 000 000; it is now AED 5 600 000 — AED 400 000 less, or 7%.
Is this expensive or cheap for The Springs?
The database holds 8 lots in The Springs, starting from AED 3 900 000. The area median is AED 2 363 per sq ft; this lot, at AED 2 356, is level with it. 8 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
The Springs area guide →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 30%, here AED 1 680 000; a loan of AED 3 920 000 over 25 years at 3.75–4.99% a year comes to roughly AED 20 200–22 900 a month. A non-resident puts down from 40% (AED 2 240 000) and pays about AED 17 300–19 600 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 224 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 5 600 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP17-574887 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Springs 3
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