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

M101B, Silver Springs

Sold prices and rental history: sold twice, last in October 2016, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M101B · DLD and Ejari recordsUpdated 5 March 2020
Last soldAED 3.6M24 October 2016
Current rentAED 100K /yr5 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M101B, Silver Springs

What is M101B worth today?

Last sold for AED 3,600,000 in 2016

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5 Mar 2020RentedRenewal
AED 100,000/yr60 months · AED 27 per sqft
5 Mar 2017RentedNew contract
AED 150,000/yr36 months · AED 40 per sqft
24 Oct 2016SoldOff-plan
AED 3,600,000AED 966 per sqft
17 Dec 2014Sold by developerOff-plan
AED 4,023,000AED 1,080 per sqft

Source: Dubai Land Department. Updated 5 March 2020.

Key facts

Type
5-bed villa
Size
3,725 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 3.6M · October 2016

About M101B, Silver Springs

M101B 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 24 October 2016 for AED 3,600,000, or AED 966 per sqft, 24% below the AED 1,267 five-beds in the community were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, renewed on 5 March 2020, is AED 100,000 a year: a gross yield of 2.8% on the 2016 price.

Sales and rents for M101B over time

Sales
Villa M101B, 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, October 2016: AED 3,600,000 (AED 966 per sqft)

M101B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa M101B, each contractTypical five-bed in Silver Springs
200K2017202020232026Typical 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, March 2017: AED 150,000 a yearRenewal, March 2020: AED 100,000 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 M101B sits

All 88 5-beds →

M101B last sold in October 2016 at AED 966 per sqft, 24% below what five-beds in Silver Springs were fetching at the time (AED 1,267).

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 →

M101B, Silver Springs in numbers

  • Sold twice: first on 17 December 2014 for AED 4,023,000, last on 24 October 2016 for AED 3,600,000 (AED 966 per sqft).
  • Rented since March 2017 on 2 Ejari contracts, from AED 150,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2016 price is 2.8%.

Source: Dubai Land Department. Updated 5 March 2020.

Questions about M101B, Silver Springs

What did villa M101B last sell for?

AED 3,600,000 on 24 October 2016: AED 966 per sqft for 3,725 sqft. The villa has 2 registered sales; the first was AED 4,023,000 in December 2014.

What is the rent for villa M101B?

AED 100,000 a year on the contract renewed on 5 March 2020. The previous contract, from March 2017, was AED 150,000.

How big is villa M101B?

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

What is villa M101B 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 M101B, Silver Springs

Starts from the last sale price (AED 3.6M, 24 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

Plus AED 156,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →