3-bed · 2,578 sqftSilver Springs, Damac Hills · completed 2016

M022B, Silver Springs

Sold prices and rental history: sold twice, last in September 2020, and rented once, from January 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M022B · DLD and Ejari recordsUpdated 20 January 2021
Last soldAED 1.88M17 September 2020
Current rentAED 135K /yr20 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M022B, Silver Springs

What is M022B worth today?

Last sold for AED 1,880,000 in 2020

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20 Jan 2021RentedNew contract
AED 135,000/yr12 months · AED 52 per sqft
17 Sep 2020SoldReady
AED 1,880,000AED 729 per sqft
3 Sep 2013Sold by developerOff-plan
AED 2,320,200AED 900 per sqft

Source: Dubai Land Department. Updated 20 January 2021.

Key facts

Type
3-bed villa
Size
2,578 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 1.88M · September 2020

About M022B, Silver Springs

M022B is a three-bedroom villa of 2,578 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. It last sold on 17 September 2020 for AED 1,880,000, or AED 729 per sqft.

One Ejari contract is registered, from 20 January 2021. The current contract, signed on 20 January 2021, is AED 135,000 a year: a gross yield of 7.2% on the 2020 price.

Sales and rents for M022B over time

Sales
Villa M022B, 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 2,320,200 (AED 900 per sqft)Sold, September 2020: AED 1,880,000 (AED 729 per sqft)

M022B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa M022B, 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, January 2021: AED 135,000 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 M022B sits

All 65 3-beds →

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 →

M022B, Silver Springs in numbers

  • Sold twice: first on 3 September 2013 for AED 2,320,200, last on 17 September 2020 for AED 1,880,000 (AED 729 per sqft).
  • Rented since January 2021 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2020 price is 7.2%.
  • 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 January 2021.

Questions about M022B, Silver Springs

What did villa M022B last sell for?

AED 1,880,000 on 17 September 2020: AED 729 per sqft for 2,578 sqft. The villa has 2 registered sales; the first was AED 2,320,200 in September 2013.

What is the rent for villa M022B?

AED 135,000 a year on the contract signed on 20 January 2021.

How big is villa M022B?

2,578 sqft (239.5 sqm): a three-bedroom villa in Silver Springs, completed in 2016.

What is villa M022B 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 M022B, Silver Springs

Starts from the last sale price (AED 1.88M, 17 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,880,000
Deposit, UAE resident (20%)
AED 376,000
Deposit, non-resident (40%)
AED 752,000
Monthly over 25 years at 3.7%
AED 7,692

Plus AED 83,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →