5-bed · 1,814 sqftSilver Springs, Damac Hills · completed 2016

M120B, Silver Springs

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M120B · DLD and Ejari recordsUpdated 5 October 2021
Last soldAED 4.54M12 December 2016
Current rentAED 210K /yr5 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M120B, Silver Springs

What is M120B worth today?

Last sold for AED 4,535,000 in 2016

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5 Oct 2021RentedNew contract
AED 210,000/yr12 months · AED 58 per sqft
1 Mar 2021RentedNew contract
AED 210,000/yr12 months · AED 58 per sqft
25 Jul 2019RentedNew contract
AED 180,000/yr12 months · AED 50 per sqft
6 Oct 2018RentedRenewal
AED 290,000/yr12 months · AED 80 per sqft
12 Dec 2016Sold by developerReady
AED 4,535,000AED 1,250 per sqft
23 Nov 2016RentedNew contract
AED 294,441/yr10 months · AED 81 per sqft

Source: Dubai Land Department. Updated 5 October 2021.

Key facts

Type
5-bed villa
Size
1,814 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 4.54M · December 2016

About M120B, Silver Springs

M120B is a five-bedroom villa of 1,814 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. The developer sold it on 12 December 2016 for AED 4,535,000, or AED 1,250 per sqft, 20% below the AED 1,555 five-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 5 October 2021, is AED 210,000 a year: a gross yield of 4.6% on the 2016 price.

Sales and rents for M120B over time

Sales
Villa M120B, 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 2016: AED 4,535,000 (AED 1,250 per sqft)

M120B has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa M120B, each contractTypical five-bed in Silver Springs
200K300K2016201920222025Typical 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, November 2016: AED 294,441 a yearRenewal, October 2018: AED 290,000 a yearNew contract, July 2019: AED 180,000 a yearNew contract, March 2021: AED 210,000 a yearNew contract, October 2021: AED 210,000 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 M120B sits

All 88 5-beds →

M120B last sold in December 2016 at AED 1,250 per sqft, 20% below what five-beds in Silver Springs were fetching at the time (AED 1,555).

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 →

M120B, Silver Springs in numbers

  • Sold once: by DAMAC on 12 December 2016 for AED 4,535,000, or AED 1,250 per sqft.
  • Rented since November 2016 on 5 Ejari contracts. The rent fell from AED 294,441 to AED 180,000 in 2019 and recovered to AED 210,000 by October 2021.
  • At AED 210,000 a year the gross yield on the 2016 price is 4.6%.

Source: Dubai Land Department. Updated 5 October 2021.

Questions about M120B, Silver Springs

What did villa M120B last sell for?

AED 4,535,000 on 12 December 2016, sold by the developer: AED 1,250 per sqft for 1,814 sqft. It is the only registered sale of the villa.

What is the rent for villa M120B?

AED 210,000 a year on the contract signed on 5 October 2021. The previous contract, from March 2021, was AED 210,000; the villa has been rented since November 2016.

How big is villa M120B?

1,814 sqft (168.5 sqm): a five-bedroom villa in Silver Springs, completed in 2016.

What is villa M120B 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 M120B, Silver Springs

Starts from the last sale price (AED 4.54M, 12 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,535,000
Deposit, UAE resident (20%)
AED 907,000
Deposit, non-resident (40%)
AED 1,814,000
Monthly over 25 years at 3.7%
AED 18,554

Plus AED 195,480 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →