−4% The Springs 15
3 BR · Villa · 3 bathrooms
Price history
Listed since 22 July 2026. The price has been cut once — dates and figures from the listing itself.
- 4 October 2026 AED 5 350 000
- 17 October 2026 AED 5 150 000 -4%
About the building
Located in The Springs, completed in 2016.
Where it is
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 NP4-515898
How much is this 3-bedroom villa in The Springs 15?
Lot NP4-515898 is priced at AED 5 150 000, about $1 402 000. The size is 2 792 sq ft (259 m²), which works out at AED 1 845 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 5 350 000 to AED 5 150 000: AED 200 000 less, or 4%. It was cut once. On the market since 22 July 2026.
How does this price compare with other lots in The Springs 15?
The database holds 2 lots in The Springs 15 right now, all at AED 5 150 000. 2 of them share this type and bedroom count: this lot is the cheapest.
Is this expensive or cheap for The Springs?
The database holds 8 lots in The Springs, starting from AED 3 450 000. The area median is AED 2 371 per sq ft; this lot, at AED 1 845, is 22% below 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 →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2016 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 30%, here AED 1 545 000; a loan of AED 3 605 000 over 25 years at 3.75–4.99% a year comes to roughly AED 18 500–21 100 a month. A non-resident puts down from 40% (AED 2 060 000) and pays about AED 15 900–18 000 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 206 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. 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 5 150 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about The Springs 15?
Completion year: 2016. Figures are from the project passport: Propsearch and the Dubai Land Department.
What does the seller say about the property itself?
From the listing: bathrooms — 3.
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 NP4-515898 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: The Springs 15
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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