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

M028B, Silver Springs

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

Villa M028B · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 2.42M16 April 2017
Current rentAED 185K /yr10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M028B, Silver Springs

What is M028B worth today?

Last sold for AED 2,415,000 in 2017

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10 Sep 2025RentedRenewal
AED 185,000/yr12 months · AED 72 per sqft
10 Sep 2024RentedRenewal
AED 236,000/yr12 months · AED 92 per sqft
9 Feb 2022RentedNew contract
AED 180,000/yr12 months · AED 70 per sqft
1 Feb 2020RentedRenewal
AED 130,000/yr12 months · AED 50 per sqft
1 Feb 2019RentedRenewal
AED 148,000/yr12 months · AED 57 per sqft
1 Feb 2018RentedNew contract
AED 148,000/yr12 months · AED 57 per sqft
1 Jun 2017RentedNew contract
AED 160,000/yr12 months · AED 62 per sqft
16 Apr 2017SoldReady
AED 2,415,000AED 936 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 September 2025.

Key facts

Type
3-bed villa
Size
2,578 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 2.42M · April 2017
Community
Silver Springs

About M028B, Silver Springs

M028B 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 16 April 2017 for AED 2,415,000, or AED 936 per sqft, in line with the AED 936 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 10 September 2025, is AED 185,000 a year: a gross yield of 7.7% on the 2017 price.

Sales and rents for M028B over time

Sales
Villa M028B, 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, April 2017: AED 2,415,000 (AED 936 per sqft)

M028B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa M028B, each contractTypical three-bed in Silver Springs
200K2017202020232026Typical 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 160,000 a yearNew contract, February 2018: AED 148,000 a yearRenewal, February 2019: AED 148,000 a yearRenewal, February 2020: AED 130,000 a yearNew contract, February 2022: AED 180,000 a yearRenewal, September 2024: AED 236,000 a yearRenewal, September 2025: AED 185,000 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 M028B sits

All 65 3-beds →

M028B last sold in April 2017 at AED 936 per sqft, in line with what three-beds in Silver Springs were fetching at the time (AED 936). 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 →

M028B, Silver Springs in numbers

  • Sold twice: first on 3 September 2013 for AED 2,320,200, last on 16 April 2017 for AED 2,415,000 (AED 936 per sqft).
  • Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 160,000 to AED 130,000 in 2020 and recovered to AED 185,000 by September 2025.
  • At AED 185,000 a year the gross yield on the 2017 price is 7.7%.
  • 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: YallaValue analysis of Dubai Land Department records. Updated 10 September 2025.

Questions about M028B, Silver Springs

What did villa M028B last sell for?

AED 2,415,000 on 16 April 2017: AED 936 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 M028B?

AED 185,000 a year on the contract renewed on 10 September 2025. The previous contract, from September 2024, was AED 236,000; the villa has been rented since June 2017.

How big is villa M028B?

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

What is villa M028B 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 M028B, Silver Springs

Starts from the last sale price (AED 2.42M, 16 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,415,000
Deposit, UAE resident (20%)
AED 483,000
Deposit, non-resident (40%)
AED 966,000
Monthly over 25 years at 3.7%
AED 9,881

Plus AED 106,440 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →