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3-bed · 2,723 sqftSilver Springs, Damac Hills · completed 2016

M012B, Silver Springs

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M012B · DLD and Ejari recordsUpdated 7 July 2021
Last soldAED 2.25M7 July 2021
Current rentAED 125K /yr20 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for M012B, Silver Springs

What is M012B worth today?

Last sold for AED 2,250,000 in 2021

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7 Jul 2021SoldReady
AED 2,250,000AED 826 per sqft
20 Jun 2020RentedRenewal
AED 125,000/yr12 months · AED 46 per sqft
20 Jun 2019RentedRenewal
AED 130,000/yr12 months · AED 48 per sqft
20 Jun 2018RentedRenewal
AED 150,000/yr12 months · AED 55 per sqft
20 Jun 2017RentedNew contract
AED 150,000/yr12 months · AED 55 per sqft
11 Sep 2013Sold by developerOff-plan
AED 2,450,700AED 900 per sqft

Source: Dubai Land Department. Updated 7 July 2021.

Key facts

Type
3-bed villa
Size
2,723 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 2.25M · July 2021
Community
Silver Springs

About M012B, Silver Springs

M012B 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 7 July 2021 for AED 2,250,000, or AED 826 per sqft, 7% above the AED 771 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 20 June 2020, is AED 125,000 a year: a gross yield of 5.6% on the 2021 price.

Sales and rents for M012B over time

Sales
Villa M012B, each saleTypical three-bed in Silver Springs
2M4M2013201720212025Typical 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, September 2013: AED 2,450,700 (AED 900 per sqft)Sold, July 2021: AED 2,250,000 (AED 826 per sqft)

M012B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa M012B, 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, June 2017: AED 150,000 a yearRenewal, June 2018: AED 150,000 a yearRenewal, June 2019: AED 130,000 a yearRenewal, June 2020: AED 125,000 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 M012B sits

All 65 3-beds →

M012B last sold in July 2021 at AED 826 per sqft, 7% above what three-beds in Silver Springs were fetching at the time (AED 771). 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 →

M012B, Silver Springs in numbers

  • Sold twice: first on 11 September 2013 for AED 2,450,700, last on 7 July 2021 for AED 2,250,000 (AED 826 per sqft).
  • Rented since June 2017 on 4 Ejari contracts, from AED 150,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 5.6%.
  • 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 7 July 2021.

Questions about M012B, Silver Springs

What did villa M012B last sell for?

AED 2,250,000 on 7 July 2021: AED 826 per sqft for 2,723 sqft. The villa has 2 registered sales; the first was AED 2,450,700 in September 2013.

What is the rent for villa M012B?

AED 125,000 a year on the contract renewed on 20 June 2020. The previous contract, from June 2019, was AED 130,000; the villa has been rented since June 2017.

How big is villa M012B?

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

What is villa M012B 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.

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Mortgage on M012B, Silver Springs

Starts from the last sale price (AED 2.25M, 7 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →