4-bed · 1,971 sqftSilver Springs 3, Damac Hills · completed 2024

M704B, Silver Springs 3

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

Villa M704B · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 2.4M30 August 2024
Current rentAED 245K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M704B, Silver Springs 3

What is M704B worth today?

Last sold for AED 2,400,000 in 2024

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10 Sep 2024RentedNew contract
AED 245,000/yr12 months · AED 124 per sqft
30 Aug 2024SoldOff-plan
AED 2,400,000AED 1,217 per sqft
5 Oct 2021Sold by developerOff-plan
AED 2,124,000AED 1,077 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 September 2024.

Key facts

Type
4-bed villa
Size
1,971 sqft
Developer
DAMAC
Completed
2024
Last sold
AED 2.4M · August 2024

About M704B, Silver Springs 3

M704B is a four-bedroom villa of 1,971 sqft in Silver Springs 3, a villa community in Damac Hills completed in 2024 by DAMAC. It last sold on 30 August 2024 for AED 2,400,000, or AED 1,217 per sqft, 16% below the AED 1,445 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 10 September 2024. The current contract, signed on 10 September 2024, is AED 245,000 a year: a gross yield of 10.2% on the 2024 price.

Sales and rents for M704B over time

Sales
Villa M704B, 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, October 2021: AED 2,124,000 (AED 1,077 per sqft)Sold, August 2024: AED 2,400,000 (AED 1,217 per sqft)

M704B has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa M704B, each contractTypical four-bed in Silver Springs 3
200K225K250K2024202520262027Typical rent by year: 2024 AED 260,000; 2025 AED 206,000; 2026 AED 210,000New contract, September 2024: AED 245,000 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 M704B sits

All 158 4-beds →

M704B last sold in August 2024 at AED 1,217 per sqft, 16% below what four-beds in Silver Springs 3 were fetching at the time (AED 1,445). 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. M704B's AED 245,000 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 →

M704B, Silver Springs 3 in numbers

  • Sold twice: first on 5 October 2021 for AED 2,124,000, last on 30 August 2024 for AED 2,400,000 (AED 1,217 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2024 price is 10.2%.
  • 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: YallaValue analysis of Dubai Land Department records. Updated 10 September 2024.

Questions about M704B, Silver Springs 3

What did villa M704B last sell for?

AED 2,400,000 on 30 August 2024: AED 1,217 per sqft for 1,971 sqft. The villa has 2 registered sales; the first was AED 2,124,000 in October 2021.

What is the rent for villa M704B?

AED 245,000 a year on the contract signed on 10 September 2024.

How big is villa M704B?

1,971 sqft (183.1 sqm): a four-bedroom villa in Silver Springs 3, completed in 2024.

What is villa M704B 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 M704B, Silver Springs 3

Starts from the last sale price (AED 2.4M, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →