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

M014B, Silver Springs

Sold prices and rental history: sold 3 times, last in May 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M014B · DLD and Ejari recordsUpdated 20 March 2020
Last soldAED 3.05M1 May 2014
Current rentAED 120K /yr20 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for M014B, Silver Springs

What is M014B worth today?

Last sold for AED 3,049,760 in 2014

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20 Mar 2020RentedNew contract
AED 120,000/yr12 months · AED 44 per sqft
18 Jun 2019RentedRenewal
AED 150,000/yr6 months · AED 55 per sqft
18 Jun 2018RentedRenewal
AED 150,000/yr12 months · AED 55 per sqft
18 Jun 2017RentedNew contract
AED 150,000/yr12 months · AED 55 per sqft
1 May 2014SoldOff-plan
AED 3,049,760AED 1,120 per sqft
9 Jan 2014SoldOff-plan
AED 2,422,503AED 889 per sqft
3 Oct 2013Sold by developerOff-plan
AED 2,178,400AED 800 per sqft

Source: Dubai Land Department. Updated 20 March 2020.

Key facts

Type
3-bed villa
Size
2,723 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 3.05M · May 2014
Community
Silver Springs

About M014B, Silver Springs

M014B 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 1 May 2014 for AED 3,049,760, or AED 1,120 per sqft, 20% above the AED 930 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 20 March 2020, is AED 120,000 a year: a gross yield of 3.9% on the 2014 price.

Sales and rents for M014B over time

Sales
Villa M014B, 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, January 2014: AED 2,422,503 (AED 889 per sqft)Sold, May 2014: AED 3,049,760 (AED 1,120 per sqft)

M014B has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa M014B, each contractTypical three-bed in Silver Springs
100K200K2017202020232026Typical 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 150,000 a yearNew contract, March 2020: AED 120,000 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 M014B sits

All 65 3-beds →

M014B last sold in May 2014 at AED 1,120 per sqft, 20% above 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 →

M014B, Silver Springs in numbers

  • Sold 3 times: first on 3 October 2013 for AED 2,178,400, last on 1 May 2014 for AED 3,049,760 (AED 1,120 per sqft).
  • Rented since June 2017 on 4 Ejari contracts, from AED 150,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2014 price is 3.9%.
  • 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 20 March 2020.

Questions about M014B, Silver Springs

What did villa M014B last sell for?

AED 3,049,760 on 1 May 2014: AED 1,120 per sqft for 2,723 sqft. The villa has 3 registered sales; the first was AED 2,178,400 in October 2013.

What is the rent for villa M014B?

AED 120,000 a year on the contract signed on 20 March 2020. The previous contract, from June 2019, was AED 150,000; the villa has been rented since June 2017.

How big is villa M014B?

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

What is villa M014B 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 M014B, Silver Springs

Starts from the last sale price (AED 3.05M, 1 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,049,760
Deposit, UAE resident (20%)
AED 609,952
Deposit, non-resident (40%)
AED 1,219,904
Monthly over 25 years at 3.7%
AED 12,478

Plus AED 133,100 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →