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

M013B, Silver Springs

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M013B · DLD and Ejari recordsUpdated 3 May 2024
Last soldAED 2.45M25 February 2015
Current rentAED 184K /yr3 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for M013B, Silver Springs

What is M013B worth today?

Last sold for AED 2,450,700 in 2015

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3 May 2024RentedRenewal
AED 183,750/yr12 months · AED 67 per sqft
1 May 2023RentedRenewal
AED 175,000/yr12 months · AED 64 per sqft
1 May 2022RentedRenewal
AED 145,000/yr12 months · AED 53 per sqft
1 May 2021RentedNew contract
AED 140,000/yr12 months · AED 51 per sqft
16 Mar 2020RentedRenewal
AED 130,000/yr13 months · AED 48 per sqft
1 Feb 2019RentedNew contract
AED 130,000/yr13 months · AED 48 per sqft
20 Nov 2017RentedNew contract
AED 170,000/yr12 months · AED 62 per sqft
25 Feb 2015SoldOff-plan
AED 2,450,700AED 900 per sqft

Source: Dubai Land Department. Updated 3 May 2024.

Key facts

Type
3-bed villa
Size
2,723 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 2.45M · February 2015
Community
Silver Springs

About M013B, Silver Springs

M013B 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 25 February 2015 for AED 2,450,700, or AED 900 per sqft, 3% below the AED 930 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 3 May 2024, is AED 183,750 a year: a gross yield of 7.5% on the 2015 price.

Sales and rents for M013B over time

Sales
Villa M013B, 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, October 2013: AED 2,178,400 (AED 800 per sqft)Sold, February 2015: AED 2,450,700 (AED 900 per sqft)

M013B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa M013B, 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, November 2017: AED 170,000 a yearNew contract, February 2019: AED 130,000 a yearRenewal, March 2020: AED 130,000 a yearNew contract, May 2021: AED 140,000 a yearRenewal, May 2022: AED 145,000 a yearRenewal, May 2023: AED 175,000 a yearRenewal, May 2024: AED 183,750 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 M013B sits

All 65 3-beds →

M013B last sold in February 2015 at AED 900 per sqft, 3% below what three-beds in Silver Springs were fetching at the time (AED 930). 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 →

M013B, Silver Springs in numbers

  • Sold twice: first on 3 October 2013 for AED 2,178,400, last on 25 February 2015 for AED 2,450,700 (AED 900 per sqft).
  • Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 130,000 in 2020 and recovered to AED 183,750 by May 2024.
  • At AED 183,750 a year the gross yield on the 2015 price is 7.5%.
  • 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 3 May 2024.

Questions about M013B, Silver Springs

What did villa M013B last sell for?

AED 2,450,700 on 25 February 2015: AED 900 per sqft for 2,723 sqft. The villa has 2 registered sales; the first was AED 2,178,400 in October 2013.

What is the rent for villa M013B?

AED 183,750 a year on the contract renewed on 3 May 2024. The previous contract, from May 2023, was AED 175,000; the villa has been rented since November 2017.

How big is villa M013B?

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

What is villa M013B 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 M013B, Silver Springs

Starts from the last sale price (AED 2.45M, 25 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,700
Deposit, UAE resident (20%)
AED 490,140
Deposit, non-resident (40%)
AED 980,280
Monthly over 25 years at 3.7%
AED 10,027

Plus AED 107,939 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →