Home
Dubai prices
About
Research
3-bed · 2,723 sqftSilver Springs, Damac Hills · completed 2016

M002B, Silver Springs

Sold prices and rental history: sold twice, last in March 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M002B · DLD and Ejari recordsUpdated 22 March 2023
Last soldAED 3.3M22 March 2023
Current rentAED 135K /yr1 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow M002B

Property timeline for M002B, Silver Springs

What is M002B worth today?

Last sold for AED 3,300,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Mar 2023SoldReady
AED 3,300,000AED 1,211 per sqft
1 Apr 2019RentedNew contract
AED 134,626/yr12 months · AED 49 per sqft
26 Mar 2017RentedNew contract
AED 155,000/yr12 months · AED 57 per sqft
31 Mar 2014Sold by developerOff-plan
AED 2,532,390AED 930 per sqft

Source: Dubai Land Department. Updated 22 March 2023.

Key facts

Type
3-bed villa
Size
2,723 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 3.3M · March 2023
Community
Silver Springs

About M002B, Silver Springs

M002B is a three-bedroom villa of 2,723 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. It last sold on 22 March 2023 for AED 3,300,000, or AED 1,211 per sqft, 9% above the AED 1,115 three-beds in the community were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 April 2019, is AED 134,626 a year: a gross yield of 4.1% on the 2023 price.

Sales and rents for M002B over time

Sales
Villa M002B, each saleTypical three-bed in Silver Springs
3M4M2013201720212025Typical sale price by year: 2013 AED 2,450,700; 2014 AED 2,532,390; 2015 AED 2,450,700; 2017 AED 2,500,000; 2021 AED 2,600,000; 2022 AED 2,835,000; 2023 AED 3,250,000; 2024 AED 3,950,000; 2025 AED 4,540,000Sold by developer, March 2014: AED 2,532,390 (AED 930 per sqft)Sold, March 2023: AED 3,300,000 (AED 1,211 per sqft)

M002B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa M002B, each contractTypical three-bed in Silver Springs
150K200K250K2017202020232026Typical rent by year: 2017 AED 150,000; 2018 AED 150,000; 2019 AED 130,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 148,000; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 235,000New contract, March 2017: AED 155,000 a yearNew contract, April 2019: AED 134,626 a year

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

3-beds in Silver Springs, and where M002B sits

All 65 3-beds →

M002B last sold in March 2023 at AED 1,211 per sqft, 9% above what three-beds in Silver Springs were fetching at the time (AED 1,115). Over the last 12 months three-beds sold for AED 4,540,000 to 4,800,000, around AED 1,670 per sqft.

Recent 3-bed salesVilla no.Price (AED)Summary
12 Feb 20264,800,000
27 Nov 20254,550,000
14 Nov 20254,540,000
28 Feb 20253,500,000
3 3-bed sales in the last 12 months

Silver Springs

Community

172 villas, 3-bed to 6-bed in Damac Hills, completed in 2016 by DAMAC. 3 sold in the last 12 months.

Typical price per sqft
AED 1,670
Typical sale
AED 4.55M
Typical rent
Few contracts
Typical yield
Silver Springs, Damac Hills: prices, sales and rents →

M002B, Silver Springs in numbers

  • Sold twice: first on 31 March 2014 for AED 2,532,390, last on 22 March 2023 for AED 3,300,000 (AED 1,211 per sqft).
  • Rented since March 2017 on 2 Ejari contracts, from AED 155,000 to AED 134,626 a year.
  • At AED 134,626 a year the gross yield on the 2023 price is 4.1%.
  • Three-beds in Silver Springs sold for AED 4,540,000–4,800,000 in the 12 months to November 2026; the community's median across all types is AED 1,670 per sqft.

Source: Dubai Land Department. Updated 22 March 2023.

Questions about M002B, Silver Springs

What did villa M002B last sell for?

AED 3,300,000 on 22 March 2023: AED 1,211 per sqft for 2,723 sqft. The villa has 2 registered sales; the first was AED 2,532,390 in March 2014.

What is the rent for villa M002B?

AED 134,626 a year on the contract signed on 1 April 2019. The previous contract, from March 2017, was AED 155,000.

How big is villa M002B?

2,723 sqft (253.0 sqm): a three-bedroom villa in Silver Springs, completed in 2016.

What is villa M002B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Silver Springs sold for AED 4,540,000 to 4,800,000 in the last 12 months, around AED 1,670 per sqft.

Selling M002B? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on M002B, Silver Springs

Starts from the last sale price (AED 3.3M, 22 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →