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

M047B, Silver Springs

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M047B · DLD and Ejari recordsUpdated 18 March 2025
Last soldAED 4M30 January 2014
Current rentAED 330K /yr18 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M047B, Silver Springs

What is M047B worth today?

Last sold for AED 4,000,850 in 2014

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18 Mar 2025RentedNew contract
AED 330,000/yr12 months · AED 95 per sqft
18 Mar 2024RentedNew contract
AED 330,000/yr12 months · AED 95 per sqft
28 Dec 2022RentedRenewal
AED 210,000/yr12 months · AED 60 per sqft
28 Dec 2020RentedNew contract
AED 175,000/yr12 months · AED 50 per sqft
30 Jan 2014Sold by developerOff-plan
AED 4,000,850AED 1,149 per sqft

Source: Dubai Land Department. Updated 18 March 2025.

Key facts

Type
5-bed villa
Size
3,479 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 4M · January 2014

About M047B, Silver Springs

M047B is a five-bedroom villa of 3,479 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. The developer sold it on 30 January 2014 for AED 4,000,850, or AED 1,149 per sqft, in line with the AED 1,150 five-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 18 March 2025, is AED 330,000 a year: a gross yield of 8.3% on the 2014 price.

Sales and rents for M047B over time

Sales
Villa M047B, 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, January 2014: AED 4,000,850 (AED 1,149 per sqft)

M047B has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa M047B, 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, December 2020: AED 175,000 a yearRenewal, December 2022: AED 210,000 a yearNew contract, March 2024: AED 330,000 a yearNew contract, March 2025: AED 330,000 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 M047B sits

All 88 5-beds →

M047B last sold in January 2014 at AED 1,149 per sqft, in line with what five-beds in Silver Springs were fetching at the time (AED 1,150).

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 →

M047B, Silver Springs in numbers

  • Sold once: by DAMAC on 30 January 2014 for AED 4,000,850, or AED 1,149 per sqft.
  • Rented since December 2020 on 4 Ejari contracts, from AED 175,000 to AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2014 price is 8.3%.

Source: Dubai Land Department. Updated 18 March 2025.

Questions about M047B, Silver Springs

What did villa M047B last sell for?

AED 4,000,850 on 30 January 2014, sold by the developer: AED 1,149 per sqft for 3,479 sqft. It is the only registered sale of the villa.

What is the rent for villa M047B?

AED 330,000 a year on the contract signed on 18 March 2025. The previous contract, from March 2024, was AED 330,000; the villa has been rented since December 2020.

How big is villa M047B?

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

What is villa M047B 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 M047B, Silver Springs

Starts from the last sale price (AED 4M, 30 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,850
Deposit, UAE resident (20%)
AED 800,170
Deposit, non-resident (40%)
AED 1,600,340
Monthly over 25 years at 3.7%
AED 16,369

Plus AED 173,046 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →