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

M112B, Silver Springs

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

Villa M112B · DLD and Ejari recordsUpdated 20 March 2023
Last soldAED 4.8M20 March 2023
Current rentAED 180K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for M112B, Silver Springs

What is M112B worth today?

Last sold for AED 4,800,000 in 2023

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20 Mar 2023SoldReady
AED 4,800,000AED 1,379 per sqft
1 Jul 2022RentedRenewal
AED 180,000/yr12 months · AED 52 per sqft
1 Jul 2021RentedNew contract
AED 180,000/yr12 months · AED 52 per sqft
21 Aug 2020RentedRenewal
AED 155,000/yr12 months · AED 45 per sqft
21 Aug 2019RentedRenewal
AED 170,000/yr12 months · AED 49 per sqft
20 Aug 2018RentedNew contract
AED 179,517/yr12 months · AED 52 per sqft
23 Jul 2017RentedNew contract
AED 180,000/yr12 months · AED 52 per sqft
31 Mar 2014Sold by developerOff-plan
AED 4,174,800AED 1,199 per sqft

Source: Dubai Land Department. Updated 20 March 2023.

Key facts

Type
5-bed villa
Size
3,479 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 4.8M · March 2023
Community
Silver Springs

About M112B, Silver Springs

M112B 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 20 March 2023 for AED 4,800,000, or AED 1,379 per sqft, 8% above the AED 1,279 five-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 180,000 a year: a gross yield of 3.8% on the 2023 price.

Sales and rents for M112B over time

Sales
Villa M112B, 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, March 2023: AED 4,800,000 (AED 1,379 per sqft)

M112B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa M112B, 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, July 2017: AED 180,000 a yearNew contract, August 2018: AED 179,517 a yearRenewal, August 2019: AED 170,000 a yearRenewal, August 2020: AED 155,000 a yearNew contract, July 2021: AED 180,000 a yearRenewal, July 2022: AED 180,000 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 M112B sits

All 88 5-beds →

M112B last sold in March 2023 at AED 1,379 per sqft, 8% above what five-beds in Silver Springs were fetching at the time (AED 1,279).

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 →

M112B, Silver Springs in numbers

  • Sold twice: first on 31 March 2014 for AED 4,174,800, last on 20 March 2023 for AED 4,800,000 (AED 1,379 per sqft).
  • Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 180,000 to AED 155,000 in 2020 and recovered to AED 180,000 by July 2022.
  • At AED 180,000 a year the gross yield on the 2023 price is 3.8%.

Source: Dubai Land Department. Updated 20 March 2023.

Questions about M112B, Silver Springs

What did villa M112B last sell for?

AED 4,800,000 on 20 March 2023: AED 1,379 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 M112B?

AED 180,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 180,000; the villa has been rented since July 2017.

How big is villa M112B?

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

What is villa M112B 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 M112B, Silver Springs

Starts from the last sale price (AED 4.8M, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

Plus AED 206,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →