M124B, Silver Springs
Sold prices and rental history: sold 3 times, last in January 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M124B, Silver Springs
What is M124B worth today?
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Source: Dubai Land Department. Updated 21 January 2022.
Key facts
- Type
- 4-bed villa
- Size
- 3,167 sqft
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.6M · January 2022
- Community
- Silver Springs
About M124B, Silver Springs
M124B is a four-bedroom villa of 3,167 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. It last sold on 21 January 2022 for AED 1,600,000, or AED 505 per sqft.
It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 June 2019, is AED 155,000 a year: a gross yield of 9.7% on the 2022 price.
Sales and rents for M124B over time
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.
4-beds in Silver Springs, and where M124B sits
All 11 4-beds →| Recent 4-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202527 January 2025 | 3,167 sqft | 4,950,000 | 1,563 | ||
| 11 Apr 202211 April 2022 | 3,447 sqft | 3,300,000 | 957 | ||
| 29 Apr 202129 April 2021 | 3,167 sqft | 3,200,000 | 1,010 | ||
| 19 Dec 201719 December 2017 | 3,447 sqft | 4,999,000 | 1,450 |
Silver Springs
Community172 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
M124B, Silver Springs in numbers
- Sold 3 times: first on 31 March 2014 for AED 3,484,600, last on 21 January 2022 for AED 1,600,000 (AED 505 per sqft).
- Rented since September 2017 on 2 Ejari contracts, from AED 160,000 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2022 price is 9.7%.
Source: Dubai Land Department. Updated 21 January 2022.
Questions about M124B, Silver Springs
What did villa M124B last sell for?
AED 1,600,000 on 21 January 2022: AED 505 per sqft for 3,167 sqft. The villa has 3 registered sales; the first was AED 3,484,600 in March 2014.
What is the rent for villa M124B?
AED 155,000 a year on the contract signed on 1 June 2019. The previous contract, from September 2017, was AED 160,000.
How big is villa M124B?
3,167 sqft (294.2 sqm): a four-bedroom villa in Silver Springs, completed in 2016.
What is villa M124B 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 M124B, Silver Springs
Starts from the last sale price (AED 1.6M, 21 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →