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

M099B, Silver Springs

Sold prices and rental history: sold 3 times, last in February 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M099B · DLD and Ejari recordsUpdated 14 February 2021
Last soldAED 1.63M14 February 2021
Current rentAED 150K /yr15 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M099B, Silver Springs

What is M099B worth today?

Last sold for AED 1,625,000 in 2021

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14 Feb 2021SoldReady · flagged as an outlier
AED 1,625,000AED 436 per sqft
15 Jul 2020RentedNew contract
AED 150,000/yr12 months · AED 40 per sqft
15 Jan 2019RentedNew contract
AED 150,000/yr12 months · AED 40 per sqft
20 Aug 2017RentedNew contract
AED 185,000/yr12 months · AED 50 per sqft
19 Apr 2015SoldOff-plan
AED 4,297,552AED 1,153 per sqft
17 Dec 2014Sold by developerOff-plan
AED 4,023,000AED 1,080 per sqft

Source: Dubai Land Department. Updated 14 February 2021.

Key facts

Type
5-bed villa
Size
3,725 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 1.63M · February 2021

About M099B, Silver Springs

M099B 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 14 February 2021 for AED 1,625,000, or AED 436 per sqft, 46% below the AED 812 five-beds in the community were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 15 July 2020, is AED 150,000 a year: a gross yield of 9.2% on the 2021 price.

Sales and rents for M099B over time

Sales
Villa M099B, 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, December 2014: AED 4,023,000 (AED 1,080 per sqft)Sold, April 2015: AED 4,297,552 (AED 1,153 per sqft)

M099B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa M099B, 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, August 2017: AED 185,000 a yearNew contract, January 2019: AED 150,000 a yearNew contract, July 2020: AED 150,000 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 M099B sits

All 88 5-beds →

M099B last sold in February 2021 at AED 436 per sqft, 46% below what five-beds in Silver Springs were fetching at the time (AED 812).

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 →

M099B, Silver Springs in numbers

  • Sold 3 times: first on 17 December 2014 for AED 4,023,000, last on 14 February 2021 for AED 1,625,000 (AED 436 per sqft).
  • Rented since August 2017 on 3 Ejari contracts, from AED 185,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 9.2%.

Source: Dubai Land Department. Updated 14 February 2021.

Questions about M099B, Silver Springs

What did villa M099B last sell for?

AED 1,625,000 on 14 February 2021: AED 436 per sqft for 3,725 sqft. The villa has 3 registered sales; the first was AED 4,023,000 in December 2014.

What is the rent for villa M099B?

AED 150,000 a year on the contract signed on 15 July 2020. The previous contract, from January 2019, was AED 150,000; the villa has been rented since August 2017.

How big is villa M099B?

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

What is villa M099B 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 M099B, Silver Springs

Starts from the last sale price (AED 1.63M, 14 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,625,000
Deposit, UAE resident (20%)
AED 325,000
Deposit, non-resident (40%)
AED 650,000
Monthly over 25 years at 3.7%
AED 6,648

Plus AED 73,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →