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

M103B, Silver Springs

Sold prices and rental history: sold 4 times, last in May 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M103B · DLD and Ejari recordsUpdated 11 May 2022
Last soldAED 4.2M11 May 2022
Current rentAED 170K /yr23 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for M103B, Silver Springs

What is M103B worth today?

Last sold for AED 4,200,000 in 2022

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11 May 2022SoldReady
AED 4,200,000AED 1,127 per sqft
12 Oct 2020SoldReady
AED 3,000,000AED 805 per sqft
2 Sep 2018SoldReady
AED 3,175,000AED 852 per sqft
23 Mar 2018RentedRenewal
AED 170,000/yr12 months · AED 46 per sqft
23 Mar 2017RentedNew contract
AED 170,000/yr12 months · AED 46 per sqft
23 Jul 2014Sold by developerOff-plan
AED 2,998,625AED 805 per sqft

Source: Dubai Land Department. Updated 11 May 2022.

Key facts

Type
5-bed villa
Size
3,725 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 4.2M · May 2022
Community
Silver Springs

About M103B, Silver Springs

M103B 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 11 May 2022 for AED 4,200,000, or AED 1,127 per sqft, in line with the AED 1,124 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 23 March 2018, is AED 170,000 a year: a gross yield of 4.0% on the 2022 price.

Sales and rents for M103B over time

Sales
Villa M103B, 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, July 2014: AED 2,998,625 (AED 805 per sqft)Sold, September 2018: AED 3,175,000 (AED 852 per sqft)Sold, October 2020: AED 3,000,000 (AED 805 per sqft)Sold, May 2022: AED 4,200,000 (AED 1,127 per sqft)

M103B has sold 4 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa M103B, 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, March 2017: AED 170,000 a yearRenewal, March 2018: AED 170,000 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 M103B sits

All 88 5-beds →

M103B last sold in May 2022 at AED 1,127 per sqft, in line with what five-beds in Silver Springs were fetching at the time (AED 1,124).

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 →

M103B, Silver Springs in numbers

  • Sold 4 times: first on 23 July 2014 for AED 2,998,625, last on 11 May 2022 for AED 4,200,000 (AED 1,127 per sqft).
  • Rented since March 2017 on 2 Ejari contracts, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2022 price is 4.0%.

Source: Dubai Land Department. Updated 11 May 2022.

Questions about M103B, Silver Springs

What did villa M103B last sell for?

AED 4,200,000 on 11 May 2022: AED 1,127 per sqft for 3,725 sqft. The villa has 4 registered sales; the first was AED 2,998,625 in July 2014.

What is the rent for villa M103B?

AED 170,000 a year on the contract renewed on 23 March 2018. The previous contract, from March 2017, was AED 170,000.

How big is villa M103B?

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

What is villa M103B 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 M103B, Silver Springs

Starts from the last sale price (AED 4.2M, 11 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

Plus AED 181,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →