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

M033B, Silver Springs

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M033B · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 2.32M23 December 2013
Current rentAED 200K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for M033B, Silver Springs

What is M033B worth today?

Last sold for AED 2,320,200 in 2013

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1 Dec 2024RentedNew contract
AED 200,000/yr12 months · AED 78 per sqft
10 Aug 2023RentedRenewal
AED 140,000/yr12 months · AED 54 per sqft
10 Aug 2022RentedRenewal
AED 110,000/yr12 months · AED 43 per sqft
10 Aug 2021RentedRenewal
AED 110,000/yr12 months · AED 43 per sqft
10 Aug 2020RentedNew contract
AED 110,000/yr12 months · AED 43 per sqft
1 Jun 2018RentedNew contract
AED 150,000/yr12 months · AED 58 per sqft
7 Sep 2017RentedNew contract
AED 170,000/yr12 months · AED 66 per sqft
23 Dec 2013Sold by developerOff-plan
AED 2,320,200AED 900 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
3-bed villa
Size
2,578 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 2.32M · December 2013
Community
Silver Springs

About M033B, Silver Springs

M033B is a three-bedroom villa of 2,578 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. The developer sold it on 23 December 2013 for AED 2,320,200, or AED 900 per sqft, in line with the AED 900 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 December 2024, is AED 200,000 a year: a gross yield of 8.6% on the 2013 price.

Sales and rents for M033B over time

Sales
Villa M033B, 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, December 2013: AED 2,320,200 (AED 900 per sqft)

M033B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa M033B, 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, September 2017: AED 170,000 a yearNew contract, June 2018: AED 150,000 a yearNew contract, August 2020: AED 110,000 a yearRenewal, August 2021: AED 110,000 a yearRenewal, August 2022: AED 110,000 a yearRenewal, August 2023: AED 140,000 a yearNew contract, December 2024: AED 200,000 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 M033B sits

All 65 3-beds →

M033B last sold in December 2013 at AED 900 per sqft, in line with 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 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 →

M033B, Silver Springs in numbers

  • Sold once: by DAMAC on 23 December 2013 for AED 2,320,200, or AED 900 per sqft.
  • Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 110,000 in 2022 and recovered to AED 200,000 by December 2024.
  • At AED 200,000 a year the gross yield on the 2013 price is 8.6%.
  • 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 1 December 2024.

Questions about M033B, Silver Springs

What did villa M033B last sell for?

AED 2,320,200 on 23 December 2013, sold by the developer: AED 900 per sqft for 2,578 sqft. It is the only registered sale of the villa.

What is the rent for villa M033B?

AED 200,000 a year on the contract signed on 1 December 2024. The previous contract, from August 2023, was AED 140,000; the villa has been rented since September 2017.

How big is villa M033B?

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

What is villa M033B 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 M033B, Silver Springs

Starts from the last sale price (AED 2.32M, 23 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,320,200
Deposit, UAE resident (20%)
AED 464,040
Deposit, non-resident (40%)
AED 928,080
Monthly over 25 years at 3.7%
AED 9,493

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →