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

M043B, Silver Springs

Sold prices and rental history: sold 3 times, last in August 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M043B · DLD and Ejari recordsUpdated 10 August 2021
Last soldAED 2.75M10 August 2021
Current rentAED 140K /yr22 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for M043B, Silver Springs

What is M043B worth today?

Last sold for AED 2,750,000 in 2021

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10 Aug 2021SoldReady
AED 2,750,000AED 1,009 per sqft
9 May 2019SoldReady · flagged as an outlier
AED 905,000AED 332 per sqft
22 Apr 2018RentedNew contract
AED 140,000/yr12 months · AED 51 per sqft
22 Apr 2017RentedNew contract
AED 140,000/yr12 months · AED 51 per sqft
11 Sep 2013Sold by developerOff-plan
AED 2,450,700AED 900 per sqft

Source: Dubai Land Department. Updated 10 August 2021.

Key facts

Type
3-bed villa
Size
2,723 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 2.75M · August 2021
Community
Silver Springs

About M043B, Silver Springs

M043B 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 August 2021 for AED 2,750,000, or AED 1,009 per sqft, 26% above the AED 799 three-beds in the community were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 22 April 2018, is AED 140,000 a year: a gross yield of 5.1% on the 2021 price.

Sales and rents for M043B over time

Sales
Villa M043B, 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, September 2013: AED 2,450,700 (AED 900 per sqft)Sold, August 2021: AED 2,750,000 (AED 1,009 per sqft)

M043B has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa M043B, 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 235,000New contract, April 2017: AED 140,000 a yearNew contract, April 2018: AED 140,000 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 M043B sits

All 65 3-beds →

M043B last sold in August 2021 at AED 1,009 per sqft, 26% above what three-beds in Silver Springs were fetching at the time (AED 799). 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 →

M043B, Silver Springs in numbers

  • Sold 3 times: first on 11 September 2013 for AED 2,450,700, last on 10 August 2021 for AED 2,750,000 (AED 1,009 per sqft).
  • Rented since April 2017 on 2 Ejari contracts, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2021 price is 5.1%.
  • 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 10 August 2021.

Questions about M043B, Silver Springs

What did villa M043B last sell for?

AED 2,750,000 on 10 August 2021: AED 1,009 per sqft for 2,723 sqft. The villa has 3 registered sales; the first was AED 2,450,700 in September 2013.

What is the rent for villa M043B?

AED 140,000 a year on the contract signed on 22 April 2018. The previous contract, from April 2017, was AED 140,000.

How big is villa M043B?

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

What is villa M043B 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 M043B, Silver Springs

Starts from the last sale price (AED 2.75M, 10 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

Plus AED 120,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →