5-bed · 3,479 sqftSilver Springs, Damac Hills · completed 2016

M108B, Silver Springs

Sold prices and rental history: sold 3 times, last in July 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M108B · DLD and Ejari recordsUpdated 19 July 2020
Last soldAED 2.5M19 July 2020
Current rentAED 160K /yr25 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M108B, Silver Springs

What is M108B worth today?

Last sold for AED 2,500,000 in 2020

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19 Jul 2020SoldReady
AED 2,500,000AED 718 per sqft
25 Sep 2019RentedRenewal
AED 160,000/yr12 months · AED 46 per sqft
16 Sep 2018RentedRenewal
AED 165,854/yr12 months · AED 48 per sqft
16 Sep 2017RentedNew contract
AED 170,000/yr12 months · AED 49 per sqft
29 Jun 2014SoldOff-plan
AED 4,435,725AED 1,274 per sqft
9 Jun 2014Sold by developerOff-plan
AED 3,931,270AED 1,129 per sqft

Source: Dubai Land Department. Updated 19 July 2020.

Key facts

Type
5-bed villa
Size
3,479 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 2.5M · July 2020

About M108B, Silver Springs

M108B is a five-bedroom villa of 3,479 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. It last sold on 19 July 2020 for AED 2,500,000, or AED 718 per sqft, in line with the AED 735 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 25 September 2019, is AED 160,000 a year: a gross yield of 6.4% on the 2020 price.

Sales and rents for M108B over time

Sales
Villa M108B, 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, June 2014: AED 4,435,725 (AED 1,274 per sqft)Sold by developer, June 2014: AED 3,931,270 (AED 1,129 per sqft)Sold, July 2020: AED 2,500,000 (AED 718 per sqft)

M108B has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa M108B, 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 170,000 a yearRenewal, September 2018: AED 165,854 a yearRenewal, September 2019: AED 160,000 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 M108B sits

All 88 5-beds →

M108B last sold in July 2020 at AED 718 per sqft, in line with what five-beds in Silver Springs were fetching at the time (AED 735).

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 →

M108B, Silver Springs in numbers

  • Sold 3 times: first on 9 June 2014 for AED 3,931,270, last on 19 July 2020 for AED 2,500,000 (AED 718 per sqft).
  • Rented since September 2017 on 3 Ejari contracts, from AED 170,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2020 price is 6.4%.

Source: Dubai Land Department. Updated 19 July 2020.

Questions about M108B, Silver Springs

What did villa M108B last sell for?

AED 2,500,000 on 19 July 2020: AED 718 per sqft for 3,479 sqft. The villa has 3 registered sales; the first was AED 3,931,270 in June 2014.

What is the rent for villa M108B?

AED 160,000 a year on the contract renewed on 25 September 2019. The previous contract, from September 2018, was AED 165,854; the villa has been rented since September 2017.

How big is villa M108B?

3,479 sqft (323.2 sqm): a five-bedroom villa in Silver Springs, completed in 2016.

What is villa M108B 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 M108B, Silver Springs

Starts from the last sale price (AED 2.5M, 19 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →