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5-bed · 3,725 sqftSilver Springs, Damac Hills · completed 2016

M062B, Silver Springs

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

Villa M062B · DLD and Ejari recordsUpdated 20 August 2025
Last soldAED 4.1M7 January 2022
Current rentAED 450K /yr20 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for M062B, Silver Springs

What is M062B worth today?

Last sold for AED 4,100,000 in 2022

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20 Aug 2025RentedNew contract
AED 450,000/yr12 months · AED 121 per sqft
26 Aug 2022RentedRenewal
AED 156,991/yr5 months · AED 42 per sqft
7 Jan 2022SoldReady
AED 4,100,000AED 1,100 per sqft
20 Aug 2021RentedRenewal
AED 155,000/yr12 months · AED 42 per sqft
20 Aug 2020RentedNew contract
AED 155,000/yr12 months · AED 42 per sqft
15 Jul 2019RentedRenewal
AED 175,000/yr12 months · AED 47 per sqft
15 Jul 2018RentedNew contract
AED 175,000/yr12 months · AED 47 per sqft
1 Jun 2017RentedNew contract
AED 170,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 20 August 2025.

Key facts

Type
5-bed villa
Size
3,725 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 4.1M · January 2022
Community
Silver Springs

About M062B, Silver Springs

M062B 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 7 January 2022 for AED 4,100,000, or AED 1,100 per sqft, in line with the AED 1,091 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 20 August 2025, is AED 450,000 a year: a gross yield of 11.0% on the 2022 price.

Sales and rents for M062B over time

Sales
Villa M062B, 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 4,023,000 (AED 1,080 per sqft)Sold, January 2022: AED 4,100,000 (AED 1,100 per sqft)

M062B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa M062B, each contractTypical five-bed in Silver Springs
200K400K2017202020232026Typical 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, June 2017: AED 170,000 a yearNew contract, July 2018: AED 175,000 a yearRenewal, July 2019: AED 175,000 a yearNew contract, August 2020: AED 155,000 a yearRenewal, August 2021: AED 155,000 a yearRenewal, August 2022: AED 156,991 a yearNew contract, August 2025: AED 450,000 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 M062B sits

All 88 5-beds →

M062B last sold in January 2022 at AED 1,100 per sqft, in line with what five-beds in Silver Springs were fetching at the time (AED 1,091).

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 →

M062B, Silver Springs in numbers

  • Sold twice: first on 9 June 2014 for AED 4,023,000, last on 7 January 2022 for AED 4,100,000 (AED 1,100 per sqft).
  • Rented since June 2017 on 7 Ejari contracts, from AED 170,000 to AED 450,000 a year.
  • At AED 450,000 a year the gross yield on the 2022 price is 11.0%.

Source: Dubai Land Department. Updated 20 August 2025.

Questions about M062B, Silver Springs

What did villa M062B last sell for?

AED 4,100,000 on 7 January 2022: AED 1,100 per sqft for 3,725 sqft. The villa has 2 registered sales; the first was AED 4,023,000 in June 2014.

What is the rent for villa M062B?

AED 450,000 a year on the contract signed on 20 August 2025. The previous contract, from August 2022, was AED 156,991; the villa has been rented since June 2017.

How big is villa M062B?

3,725 sqft (346.1 sqm): a five-bedroom villa in Silver Springs, completed in 2016.

What is villa M062B 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 M062B, Silver Springs

Starts from the last sale price (AED 4.1M, 7 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

Plus AED 177,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →