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

M036B, Silver Springs

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M036B · DLD and Ejari recordsUpdated 16 February 2024
Last soldAED 3.2M10 February 2023
Current rentAED 245K /yr16 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for M036B, Silver Springs

What is M036B worth today?

Last sold for AED 3,200,000 in 2023

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16 Feb 2024RentedNew contract
AED 244,671/yr24 months · AED 90 per sqft
10 Feb 2023SoldReady
AED 3,200,000AED 1,175 per sqft
25 Mar 2022RentedRenewal
AED 144,000/yr12 months · AED 53 per sqft
25 Mar 2021RentedRenewal
AED 130,000/yr12 months · AED 48 per sqft
15 Mar 2020RentedRenewal
AED 130,113/yr12 months · AED 48 per sqft
15 Mar 2019RentedRenewal
AED 130,000/yr12 months · AED 48 per sqft
15 Mar 2017RentedNew contract
AED 160,000/yr12 months · AED 59 per sqft
23 Dec 2013Sold by developerOff-plan · flagged as an outlier
AED 1,579,900AED 580 per sqft

Source: Dubai Land Department. Updated 16 February 2024.

Key facts

Type
3-bed villa
Size
2,723 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 3.2M · February 2023
Community
Silver Springs

About M036B, Silver Springs

M036B 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 10 February 2023 for AED 3,200,000, or AED 1,175 per sqft, 10% above the AED 1,070 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 16 February 2024, is AED 244,671 a year: a gross yield of 7.6% on the 2023 price.

Sales and rents for M036B over time

Sales
Villa M036B, 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, February 2023: AED 3,200,000 (AED 1,175 per sqft)

M036B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa M036B, 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, March 2017: AED 160,000 a yearRenewal, March 2019: AED 130,000 a yearRenewal, March 2020: AED 130,113 a yearRenewal, March 2021: AED 130,000 a yearRenewal, March 2022: AED 144,000 a yearNew contract, February 2024: AED 244,671 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 M036B sits

All 65 3-beds →

M036B last sold in February 2023 at AED 1,175 per sqft, 10% above what three-beds in Silver Springs were fetching at the time (AED 1,070). 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 →

M036B, Silver Springs in numbers

  • Sold twice: first on 23 December 2013 for AED 1,579,900, last on 10 February 2023 for AED 3,200,000 (AED 1,175 per sqft).
  • Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 160,000 to AED 130,000 in 2021 and recovered to AED 244,671 by February 2024.
  • At AED 244,671 a year the gross yield on the 2023 price is 7.6%.
  • 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 16 February 2024.

Questions about M036B, Silver Springs

What did villa M036B last sell for?

AED 3,200,000 on 10 February 2023: AED 1,175 per sqft for 2,723 sqft. The villa has 2 registered sales; the first was AED 1,579,900 in December 2013.

What is the rent for villa M036B?

AED 244,671 a year on the contract signed on 16 February 2024. The previous contract, from March 2022, was AED 144,000; the villa has been rented since March 2017.

How big is villa M036B?

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

What is villa M036B 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 M036B, Silver Springs

Starts from the last sale price (AED 3.2M, 10 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →