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

M104B, Silver Springs

Sold prices and rental history: sold twice, last in May 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M104B · DLD and Ejari recordsUpdated 30 May 2023
Last soldAED 5.15M30 May 2023
Current rentAED 175K /yr13 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M104B, Silver Springs

What is M104B worth today?

Last sold for AED 5,150,000 in 2023

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30 May 2023SoldReady
AED 5,150,000AED 1,382 per sqft
13 Sep 2021RentedRenewal
AED 175,000/yr12 months · AED 47 per sqft
13 Sep 2020RentedNew contract
AED 170,000/yr12 months · AED 46 per sqft
13 Sep 2017RentedNew contract
AED 195,000/yr12 months · AED 52 per sqft
17 Dec 2014Sold by developerOff-plan
AED 3,420,064AED 918 per sqft

Source: Dubai Land Department. Updated 30 May 2023.

Key facts

Type
5-bed villa
Size
3,725 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 5.15M · May 2023

About M104B, Silver Springs

M104B 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 30 May 2023 for AED 5,150,000, or AED 1,382 per sqft, 4% above the AED 1,328 five-beds in the community were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 13 September 2021, is AED 175,000 a year: a gross yield of 3.4% on the 2023 price.

Sales and rents for M104B over time

Sales
Villa M104B, 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 3,420,064 (AED 918 per sqft)Sold, May 2023: AED 5,150,000 (AED 1,382 per sqft)

M104B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa M104B, 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, September 2017: AED 195,000 a yearNew contract, September 2020: AED 170,000 a yearRenewal, September 2021: AED 175,000 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 M104B sits

All 88 5-beds →

M104B last sold in May 2023 at AED 1,382 per sqft, 4% above what five-beds in Silver Springs were fetching at the time (AED 1,328).

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 →

M104B, Silver Springs in numbers

  • Sold twice: first on 17 December 2014 for AED 3,420,064, last on 30 May 2023 for AED 5,150,000 (AED 1,382 per sqft).
  • Rented since September 2017 on 3 Ejari contracts, from AED 195,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2023 price is 3.4%.

Source: Dubai Land Department. Updated 30 May 2023.

Questions about M104B, Silver Springs

What did villa M104B last sell for?

AED 5,150,000 on 30 May 2023: AED 1,382 per sqft for 3,725 sqft. The villa has 2 registered sales; the first was AED 3,420,064 in December 2014.

What is the rent for villa M104B?

AED 175,000 a year on the contract renewed on 13 September 2021. The previous contract, from September 2020, was AED 170,000; the villa has been rented since September 2017.

How big is villa M104B?

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

What is villa M104B 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 M104B, Silver Springs

Starts from the last sale price (AED 5.15M, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,150,000
Deposit, UAE resident (20%)
AED 1,030,000
Deposit, non-resident (40%)
AED 2,060,000
Monthly over 25 years at 3.7%
AED 21,070

Plus AED 221,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →