4-bed · 2,011 sqftSilver Springs 3, Damac Hills · completed 2024

M313B, Silver Springs 3

Sold prices and rental history: sold twice, last in January 2024, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M313B · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 3M4 January 2024
Current rentAED 297K /yr29 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M313B, Silver Springs 3

What is M313B worth today?

Last sold for AED 2,995,000 in 2024

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29 Jul 2024RentedNew contract
AED 297,000/yr12 months · AED 148 per sqft
4 Jan 2024SoldOff-plan
AED 2,995,000AED 1,489 per sqft
28 Jul 2023Sold by developerOff-plan
AED 2,600,000AED 1,292 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
4-bed villa
Size
2,011 sqft
Developer
DAMAC
Completed
2024
Last sold
AED 3M · January 2024

About M313B, Silver Springs 3

M313B is a four-bedroom villa of 2,011 sqft in Silver Springs 3, a villa community in Damac Hills completed in 2024 by DAMAC. It last sold on 4 January 2024 for AED 2,995,000, or AED 1,489 per sqft, 25% above the AED 1,194 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 29 July 2024. The current contract, signed on 29 July 2024, is AED 297,000 a year: a gross yield of 9.9% on the 2024 price.

Sales and rents for M313B over time

Sales
Villa M313B, each saleTypical four-bed in Silver Springs 3
2M3M202120232025Typical sale price by year: 2021 AED 2,124,500; 2022 AED 2,731,000; 2023 AED 2,737,500; 2024 AED 2,960,000; 2025 AED 3,600,000Sold by developer, July 2023: AED 2,600,000 (AED 1,292 per sqft)Sold, January 2024: AED 2,995,000 (AED 1,489 per sqft)

M313B has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa M313B, each contractTypical four-bed in Silver Springs 3
200K250K300K2024202520262027Typical rent by year: 2024 AED 260,000; 2025 AED 206,000; 2026 AED 210,000New contract, July 2024: AED 297,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Silver Springs 3, and where M313B sits

All 158 4-beds →

M313B last sold in January 2024 at AED 1,489 per sqft, 25% above what four-beds in Silver Springs 3 were fetching at the time (AED 1,194). Over the last 12 months four-beds sold for AED 3,110,000 to 3,775,000, around AED 1,591 per sqft, and rent for AED 110,000 to 220,000 a year. M313B's AED 297,000 is at the top of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
14 Jan 20263,775,000
15 Dec 20253,110,000
10 Sep 20253,650,000
21 Jul 20253,100,000
2 4-bed sales in the last 12 months

Silver Springs 3

Community

260 villas, 3-bed to 6-bed in Damac Hills, completed in 2024 by DAMAC. 17 sold in the last 12 months.

Typical price per sqft
AED 1,513 Down 5.5%
Typical sale
AED 4.8M
Typical rent
AED 210K /yr
Typical yield
6.7%
Silver Springs 3, Damac Hills: prices, sales and rents →

M313B, Silver Springs 3 in numbers

  • Sold twice: first on 28 July 2023 for AED 2,600,000, last on 4 January 2024 for AED 2,995,000 (AED 1,489 per sqft).
  • Rented since July 2024 on one Ejari contract, at AED 297,000 a year.
  • At AED 297,000 a year the gross yield on the 2024 price is 9.9%.
  • Four-beds in Silver Springs 3 sold for AED 3,110,000–3,775,000 in the 12 months to November 2026; the community's median across all types is AED 1,513 per sqft.

Source: Dubai Land Department. Updated 29 July 2024.

Questions about M313B, Silver Springs 3

What did villa M313B last sell for?

AED 2,995,000 on 4 January 2024: AED 1,489 per sqft for 2,011 sqft. The villa has 2 registered sales; the first was AED 2,600,000 in July 2023.

What is the rent for villa M313B?

AED 297,000 a year on the contract signed on 29 July 2024.

How big is villa M313B?

2,011 sqft (186.8 sqm): a four-bedroom villa in Silver Springs 3, completed in 2024.

What is villa M313B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Silver Springs 3 sold for AED 3,110,000 to 3,775,000 in the last 12 months, around AED 1,591 per sqft.

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Mortgage on M313B, Silver Springs 3

Starts from the last sale price (AED 3M, 4 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,995,000
Deposit, UAE resident (20%)
AED 599,000
Deposit, non-resident (40%)
AED 1,198,000
Monthly over 25 years at 3.7%
AED 12,253

Plus AED 130,800 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →