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

M109B, Silver Springs

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

Villa M109B · DLD and Ejari recordsUpdated 5 January 2020
Last soldAED 2.5M5 January 2020
Current rentAED 165K /yr15 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M109B, Silver Springs

What is M109B worth today?

Last sold for AED 2,500,000 in 2020

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5 Jan 2020SoldReady
AED 2,500,000AED 718 per sqft
15 Aug 2019RentedRenewal
AED 165,000/yr12 months · AED 47 per sqft
15 Aug 2017RentedNew contract
AED 165,000/yr12 months · AED 47 per sqft
31 Mar 2014Sold by developerOff-plan
AED 4,174,800AED 1,199 per sqft

Source: Dubai Land Department. Updated 5 January 2020.

Key facts

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

About M109B, Silver Springs

M109B 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 5 January 2020 for AED 2,500,000, or AED 718 per sqft, 8% below the AED 778 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 15 August 2019, is AED 165,000 a year: a gross yield of 6.6% on the 2020 price.

Sales and rents for M109B over time

Sales
Villa M109B, 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, March 2014: AED 4,174,800 (AED 1,199 per sqft)Sold, January 2020: AED 2,500,000 (AED 718 per sqft)

M109B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa M109B, 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 165,000 a yearRenewal, August 2019: AED 165,000 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 M109B sits

All 88 5-beds →

M109B last sold in January 2020 at AED 718 per sqft, 8% below what five-beds in Silver Springs were fetching at the time (AED 778).

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 →

M109B, Silver Springs in numbers

  • Sold twice: first on 31 March 2014 for AED 4,174,800, last on 5 January 2020 for AED 2,500,000 (AED 718 per sqft).
  • Rented since August 2017 on 2 Ejari contracts, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2020 price is 6.6%.

Source: Dubai Land Department. Updated 5 January 2020.

Questions about M109B, Silver Springs

What did villa M109B last sell for?

AED 2,500,000 on 5 January 2020: AED 718 per sqft for 3,479 sqft. The villa has 2 registered sales; the first was AED 4,174,800 in March 2014.

What is the rent for villa M109B?

AED 165,000 a year on the contract renewed on 15 August 2019. The previous contract, from August 2017, was AED 165,000.

How big is villa M109B?

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

What is villa M109B 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 M109B, Silver Springs

Starts from the last sale price (AED 2.5M, 5 January 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 →