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

M046B, Silver Springs

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M046B · DLD and Ejari recordsUpdated 18 January 2024
Last soldAED 4.95M8 June 2022
Current rentAED 350K /yr18 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M046B, Silver Springs

What is M046B worth today?

Last sold for AED 4,950,000 in 2022

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18 Jan 2024RentedNew contract
AED 350,000/yr12 months · AED 101 per sqft
25 Aug 2022RentedRenewal
AED 180,000/yr12 months · AED 52 per sqft
8 Jun 2022SoldReady
AED 4,950,000AED 1,422 per sqft
25 Aug 2021RentedNew contract
AED 180,000/yr12 months · AED 52 per sqft
17 Aug 2020RentedNew contract
AED 155,000/yr12 months · AED 45 per sqft
17 Aug 2020RentedNew contract
AED 155,000/yr12 months · AED 45 per sqft
17 Aug 2019RentedNew contract
AED 155,000/yr12 months · AED 45 per sqft
1 May 2017RentedNew contract
AED 160,000/yr12 months · AED 46 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 January 2024.

Key facts

Type
5-bed villa
Size
3,479 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 4.95M · June 2022

About M046B, Silver Springs

M046B 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 8 June 2022 for AED 4,950,000, or AED 1,422 per sqft, 26% above the AED 1,127 five-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 18 January 2024, is AED 350,000 a year: a gross yield of 7.1% on the 2022 price.

Sales and rents for M046B over time

Sales
Villa M046B, 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 3,983,455 (AED 1,144 per sqft)Sold, June 2022: AED 4,950,000 (AED 1,422 per sqft)

M046B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa M046B, 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 345,000New contract, May 2017: AED 160,000 a yearNew contract, August 2019: AED 155,000 a yearNew contract, August 2020: AED 155,000 a yearNew contract, August 2020: AED 155,000 a yearNew contract, August 2021: AED 180,000 a yearRenewal, August 2022: AED 180,000 a yearNew contract, January 2024: AED 350,000 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 M046B sits

All 88 5-beds →

M046B last sold in June 2022 at AED 1,422 per sqft, 26% above what five-beds in Silver Springs were fetching at the time (AED 1,127).

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 →

M046B, Silver Springs in numbers

  • Sold twice: first on 9 June 2014 for AED 3,983,455, last on 8 June 2022 for AED 4,950,000 (AED 1,422 per sqft).
  • Rented since May 2017 on 7 Ejari contracts, from AED 160,000 to AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2022 price is 7.1%.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 January 2024.

Questions about M046B, Silver Springs

What did villa M046B last sell for?

AED 4,950,000 on 8 June 2022: AED 1,422 per sqft for 3,479 sqft. The villa has 2 registered sales; the first was AED 3,983,455 in June 2014.

What is the rent for villa M046B?

AED 350,000 a year on the contract signed on 18 January 2024. The previous contract, from August 2022, was AED 180,000; the villa has been rented since May 2017.

How big is villa M046B?

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

What is villa M046B 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 M046B, Silver Springs

Starts from the last sale price (AED 4.95M, 8 June 2022). 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 →