M061B, Silver Springs
Sold prices and rental history: sold 3 times, last in May 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M061B, Silver Springs
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Source: Dubai Land Department. Updated 3 May 2023.
Key facts
- Type
- 5-bed villa
- Size
- 3,725 sqft
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 4.9M · May 2023
- Community
- Silver Springs
About M061B, Silver Springs
M061B is a five-bedroom villa of 3,725 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. It last sold on 3 May 2023 for AED 4,900,000, or AED 1,315 per sqft, in line with the AED 1,309 five-beds in the community were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 17 November 2022, is AED 189,000 a year: a gross yield of 3.9% on the 2023 price.
Sales and rents for M061B over time
M061B has sold 3 times; the dashed line is the five-bed median of each year in the community.
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 M061B sits
All 88 5-beds →M061B last sold in May 2023 at AED 1,315 per sqft, in line with what five-beds in Silver Springs were fetching at the time (AED 1,309).
| Recent 5-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202511 August 2025 | 3,725 sqft | 7,150,000 | 1,919 | ||
| 17 Jul 202517 July 2025 | 5,300 sqft | 13,000,000 | 2,452 | ||
| 5 Mar 20255 March 2025 | 5,300 sqft | 8,100,000 | 1,528 | ||
| 16 Dec 202416 December 2024 | 3,725 sqft | 7,000,000 | 1,879 |
Silver Springs
Community172 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
M061B, Silver Springs in numbers
- Sold 3 times: first on 28 October 2015 for AED 3,280,262, last on 3 May 2023 for AED 4,900,000 (AED 1,315 per sqft).
- Rented since November 2020 on 3 Ejari contracts, from AED 175,000 to AED 189,000 a year.
- At AED 189,000 a year the gross yield on the 2023 price is 3.9%.
Source: Dubai Land Department. Updated 3 May 2023.
Questions about M061B, Silver Springs
What did villa M061B last sell for?
AED 4,900,000 on 3 May 2023: AED 1,315 per sqft for 3,725 sqft. The villa has 3 registered sales; the first was AED 3,280,262 in October 2015.
What is the rent for villa M061B?
AED 189,000 a year on the contract renewed on 17 November 2022. The previous contract, from November 2021, was AED 185,000; the villa has been rented since November 2020.
How big is villa M061B?
3,725 sqft (346.1 sqm): a five-bedroom villa in Silver Springs, completed in 2016.
What is villa M061B 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 M061B, Silver Springs
Starts from the last sale price (AED 4.9M, 3 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,900,000
- Deposit, UAE resident (20%)
- AED 980,000
- Deposit, non-resident (40%)
- AED 1,960,000
- Monthly over 25 years at 3.7%
- AED 20,047
Plus AED 210,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →