M029B, Silver Springs
Sold prices and rental history: sold once, by the developer in January 2014, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M029B, Silver Springs
What is M029B worth today?
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Source: Dubai Land Department. Updated 22 August 2024.
Key facts
- Type
- 3-bed villa
- Size
- 2,723 sqft
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 2.53M · January 2014
- Community
- Silver Springs
About M029B, Silver Springs
M029B is a three-bedroom villa of 2,723 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. The developer sold it on 30 January 2014 for AED 2,532,390, or AED 930 per sqft, 3% above the AED 900 three-beds in the community were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 22 August 2024, is AED 225,000 a year: a gross yield of 8.9% on the 2014 price.
Sales and rents for M029B over time
M029B has sold once; the dashed line is the three-bed median of each year in the community.
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 M029B sits
All 65 3-beds →M029B last sold in January 2014 at AED 930 per sqft, 3% above what three-beds in Silver Springs were fetching at the time (AED 900). 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 sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 2,723 sqft | 4,800,000 | 1,762 | ||
| 27 Nov 202527 November 2025 | 2,723 sqft | 4,550,000 | 1,670 | ||
| 14 Nov 202514 November 2025 | 2,723 sqft | 4,540,000 | 1,667 | ||
| 28 Feb 202528 February 2025 | 2,723 sqft | 3,500,000 | 1,285 |
Silver Springs
Community172 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
M029B, Silver Springs in numbers
- Sold once: by DAMAC on 30 January 2014 for AED 2,532,390, or AED 930 per sqft.
- Rented since April 2017 on 3 Ejari contracts, from AED 140,000 to AED 225,000 a year.
- At AED 225,000 a year the gross yield on the 2014 price is 8.9%.
- 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 22 August 2024.
Questions about M029B, Silver Springs
What did villa M029B last sell for?
AED 2,532,390 on 30 January 2014, sold by the developer: AED 930 per sqft for 2,723 sqft. It is the only registered sale of the villa.
What is the rent for villa M029B?
AED 225,000 a year on the contract renewed on 22 August 2024. The previous contract, from October 2022, was AED 180,000; the villa has been rented since April 2017.
How big is villa M029B?
2,723 sqft (253.0 sqm): a three-bedroom villa in Silver Springs, completed in 2016.
What is villa M029B 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 M029B, Silver Springs
Starts from the last sale price (AED 2.53M, 30 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,532,390
- Deposit, UAE resident (20%)
- AED 506,478
- Deposit, non-resident (40%)
- AED 1,012,956
- Monthly over 25 years at 3.7%
- AED 10,361
Plus AED 111,371 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →