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

M111B, Silver Springs

Sold prices and rental history: sold once, by the developer in January 2014, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M111B · DLD and Ejari recordsUpdated 16 August 2018
Last soldAED 4.07M9 January 2014
Current rentAED 169K /yr16 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M111B, Silver Springs

What is M111B worth today?

Last sold for AED 4,070,430 in 2014

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16 Aug 2018RentedRenewal
AED 169,461/yr10 months · AED 49 per sqft
16 Aug 2017RentedNew contract
AED 170,000/yr12 months · AED 49 per sqft
9 Jan 2014Sold by developerOff-plan
AED 4,070,430AED 1,169 per sqft

Source: Dubai Land Department. Updated 16 August 2018.

Key facts

Type
5-bed villa
Size
3,479 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 4.07M · January 2014

About M111B, Silver Springs

M111B is a five-bedroom villa of 3,479 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. The developer sold it on 9 January 2014 for AED 4,070,430, or AED 1,169 per sqft, 5% above the AED 1,112 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 16 August 2018, is AED 169,461 a year: a gross yield of 4.2% on the 2014 price.

Sales and rents for M111B over time

Sales
Villa M111B, 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, January 2014: AED 4,070,430 (AED 1,169 per sqft)

M111B has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa M111B, 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 170,000 a yearRenewal, August 2018: AED 169,461 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 M111B sits

All 88 5-beds →

M111B last sold in January 2014 at AED 1,169 per sqft, 5% above what five-beds in Silver Springs were fetching at the time (AED 1,112).

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 →

M111B, Silver Springs in numbers

  • Sold once: by DAMAC on 9 January 2014 for AED 4,070,430, or AED 1,169 per sqft.
  • Rented since August 2017 on 2 Ejari contracts, from AED 170,000 to AED 169,461 a year.
  • At AED 169,461 a year the gross yield on the 2014 price is 4.2%.

Source: Dubai Land Department. Updated 16 August 2018.

Questions about M111B, Silver Springs

What did villa M111B last sell for?

AED 4,070,430 on 9 January 2014, sold by the developer: AED 1,169 per sqft for 3,479 sqft. It is the only registered sale of the villa.

What is the rent for villa M111B?

AED 169,461 a year on the contract renewed on 16 August 2018. The previous contract, from August 2017, was AED 170,000.

How big is villa M111B?

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

What is villa M111B 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 M111B, Silver Springs

Starts from the last sale price (AED 4.07M, 9 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,070,430
Deposit, UAE resident (20%)
AED 814,086
Deposit, non-resident (40%)
AED 1,628,172
Monthly over 25 years at 3.7%
AED 16,653

Plus AED 175,968 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →