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

M031B, Silver Springs

Sold prices and rental history: sold 5 times, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M031B · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 4.45M25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M031B, Silver Springs

What is M031B worth today?

Last sold for AED 4,450,000 in 2024

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25 Oct 2024SoldReady
AED 4,450,000AED 1,634 per sqft
30 Nov 2021SoldReady · flagged as an outlier
AED 1,200,000AED 440 per sqft
30 Nov 2021SoldReady
AED 2,600,000AED 954 per sqft
14 Dec 2016SoldReady · flagged as an outlier
AED 1,200,000AED 440 per sqft
3 Oct 2013Sold by developerOff-plan
AED 2,450,700AED 900 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
3-bed villa
Size
2,723 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 4.45M · October 2024

About M031B, Silver Springs

M031B 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 October 2024 for AED 4,450,000, or AED 1,634 per sqft, 12% above the AED 1,465 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for M031B over time

Sales
Villa M031B, each saleTypical three-bed in Silver Springs
3M4M2013201720212025Typical 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 2,450,700 (AED 900 per sqft)Sold, November 2021: AED 2,600,000 (AED 954 per sqft)Sold, October 2024: AED 4,450,000 (AED 1,634 per sqft)

M031B has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa M031B, 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 235,000

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 M031B sits

All 65 3-beds →

M031B last sold in October 2024 at AED 1,634 per sqft, 12% above what three-beds in Silver Springs were fetching at the time (AED 1,465). 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 →

M031B, Silver Springs in numbers

  • Sold 5 times: first on 3 October 2013 for AED 2,450,700, last on 25 October 2024 for AED 4,450,000 (AED 1,634 per sqft).
  • 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 25 October 2024.

Questions about M031B, Silver Springs

What did villa M031B last sell for?

AED 4,450,000 on 25 October 2024: AED 1,634 per sqft for 2,723 sqft. The villa has 5 registered sales; the first was AED 2,450,700 in October 2013.

How big is villa M031B?

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

What is villa M031B 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 M031B, Silver Springs

Starts from the last sale price (AED 4.45M, 25 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,450,000
Deposit, UAE resident (20%)
AED 890,000
Deposit, non-resident (40%)
AED 1,780,000
Monthly over 25 years at 3.7%
AED 18,206

Plus AED 191,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →