5-bed · 3,725 sqftSilver Springs, Damac Hills · completed 2016

M128B, Silver Springs

Sold prices and rental history: sold 3 times, last in October 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M128B · DLD and Ejari recordsUpdated 11 October 2022
Last soldAED 4.95M11 October 2022
Current rentAED 200K /yr27 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M128B, Silver Springs

What is M128B worth today?

Last sold for AED 4,950,000 in 2022

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11 Oct 2022SoldReady
AED 4,950,000AED 1,328 per sqft
27 Aug 2021RentedRenewal
AED 200,000/yr12 months · AED 54 per sqft
27 Aug 2020RentedNew contract
AED 200,000/yr12 months · AED 54 per sqft
8 Jun 2015SoldOff-plan
AED 4,080,317AED 1,095 per sqft
29 Jan 2015Sold by developerOff-plan
AED 3,417,351AED 917 per sqft

Source: Dubai Land Department. Updated 11 October 2022.

Key facts

Type
5-bed villa
Size
3,725 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 4.95M · October 2022

About M128B, Silver Springs

M128B is a five-bedroom villa of 3,725 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. It last sold on 11 October 2022 for AED 4,950,000, or AED 1,328 per sqft, 12% above the AED 1,186 five-beds in the community were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 27 August 2021, is AED 200,000 a year: a gross yield of 4.0% on the 2022 price.

Sales and rents for M128B over time

Sales
Villa M128B, 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 2015: AED 3,417,351 (AED 917 per sqft)Sold, June 2015: AED 4,080,317 (AED 1,095 per sqft)Sold, October 2022: AED 4,950,000 (AED 1,328 per sqft)

M128B has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa M128B, 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 2020: AED 200,000 a yearRenewal, August 2021: AED 200,000 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 M128B sits

All 88 5-beds →

M128B last sold in October 2022 at AED 1,328 per sqft, 12% above what five-beds in Silver Springs were fetching at the time (AED 1,186).

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 →

M128B, Silver Springs in numbers

  • Sold 3 times: first on 29 January 2015 for AED 3,417,351, last on 11 October 2022 for AED 4,950,000 (AED 1,328 per sqft).
  • Rented since August 2020 on 2 Ejari contracts, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 4.0%.

Source: Dubai Land Department. Updated 11 October 2022.

Questions about M128B, Silver Springs

What did villa M128B last sell for?

AED 4,950,000 on 11 October 2022: AED 1,328 per sqft for 3,725 sqft. The villa has 3 registered sales; the first was AED 3,417,351 in January 2015.

What is the rent for villa M128B?

AED 200,000 a year on the contract renewed on 27 August 2021. The previous contract, from August 2020, was AED 200,000.

How big is villa M128B?

3,725 sqft (346.1 sqm): a five-bedroom villa in Silver Springs, completed in 2016.

What is villa M128B 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 M128B, Silver Springs

Starts from the last sale price (AED 4.95M, 11 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

Plus AED 212,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →