5-bed · 3,479 sqftSilver Springs, Damac Hills · completed 2016

M045B, Silver Springs

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M045B · DLD and Ejari recordsUpdated 17 January 2024
Last soldAED 4.95M17 January 2024
Current rentAED 180K /yr6 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M045B, Silver Springs

What is M045B worth today?

Last sold for AED 4,950,000 in 2024

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17 Jan 2024SoldReady
AED 4,950,000AED 1,422 per sqft
6 Feb 2023RentedRenewal
AED 180,091/yr9 months · AED 52 per sqft
6 Feb 2022RentedRenewal
AED 180,000/yr12 months · AED 52 per sqft
6 Feb 2021RentedRenewal
AED 160,000/yr12 months · AED 46 per sqft
6 Feb 2020RentedRenewal
AED 160,000/yr12 months · AED 46 per sqft
9 Jun 2014Sold by developerOff-plan
AED 4,487,910AED 1,289 per sqft

Source: Dubai Land Department. Updated 17 January 2024.

Key facts

Type
5-bed villa
Size
3,479 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 4.95M · January 2024

About M045B, Silver Springs

M045B is a five-bedroom villa of 3,479 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. It last sold on 17 January 2024 for AED 4,950,000, or AED 1,422 per sqft, in line with the AED 1,407 five-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 6 February 2023, is AED 180,091 a year: a gross yield of 3.6% on the 2024 price.

Sales and rents for M045B over time

Sales
Villa M045B, each saleTypical five-bed in Silver Springs
5M2013201720212025Typical sale price by year: 2013 AED 3,862,500; 2014 AED 4,174,800; 2015 AED 3,599,031; 2016 AED 8,550,945; 2017 AED 3,850,000; 2018 AED 7,700,000; 2019 AED 2,900,000; 2020 AED 3,000,000; 2022 AED 4,459,241; 2023 AED 5,100,000; 2024 AED 7,700,000; 2025 AED 8,100,000Sold by developer, June 2014: AED 4,487,910 (AED 1,289 per sqft)Sold, January 2024: AED 4,950,000 (AED 1,422 per sqft)

M045B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa M045B, each contractTypical five-bed in Silver Springs
200K300K2017202020232026Typical rent by year: 2017 AED 185,000; 2018 AED 179,517; 2019 AED 170,000; 2020 AED 160,000; 2021 AED 180,000; 2022 AED 190,000; 2023 AED 230,000; 2024 AED 325,000; 2025 AED 345,000Renewal, February 2020: AED 160,000 a yearRenewal, February 2021: AED 160,000 a yearRenewal, February 2022: AED 180,000 a yearRenewal, February 2023: AED 180,091 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Silver Springs, and where M045B sits

All 88 5-beds →

M045B last sold in January 2024 at AED 1,422 per sqft, in line with what five-beds in Silver Springs were fetching at the time (AED 1,407).

Recent 5-bed salesVilla no.Price (AED)Summary
11 Aug 20257,150,000
17 Jul 202513,000,000
5 Mar 20258,100,000
16 Dec 20247,000,000
0 5-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 →

M045B, Silver Springs in numbers

  • Sold twice: first on 9 June 2014 for AED 4,487,910, last on 17 January 2024 for AED 4,950,000 (AED 1,422 per sqft).
  • Rented since February 2020 on 4 Ejari contracts, from AED 160,000 to AED 180,091 a year.
  • At AED 180,091 a year the gross yield on the 2024 price is 3.6%.

Source: Dubai Land Department. Updated 17 January 2024.

Questions about M045B, Silver Springs

What did villa M045B last sell for?

AED 4,950,000 on 17 January 2024: AED 1,422 per sqft for 3,479 sqft. The villa has 2 registered sales; the first was AED 4,487,910 in June 2014.

What is the rent for villa M045B?

AED 180,091 a year on the contract renewed on 6 February 2023. The previous contract, from February 2022, was AED 180,000; the villa has been rented since February 2020.

How big is villa M045B?

3,479 sqft (323.2 sqm): a five-bedroom villa in Silver Springs, completed in 2016.

What is villa M045B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on M045B, Silver Springs

Starts from the last sale price (AED 4.95M, 17 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

Plus AED 212,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →