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

M129B, Silver Springs

Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M129B · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 3.85M29 June 2017
Current rentAED 350K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for M129B, Silver Springs

What is M129B worth today?

Last sold for AED 3,850,000 in 2017

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1 Oct 2023RentedNew contract
AED 350,000/yr12 months · AED 94 per sqft
1 Aug 2021RentedNew contract
AED 250,000/yr12 months · AED 67 per sqft
22 Jul 2020RentedRenewal
AED 160,000/yr12 months · AED 43 per sqft
22 Jul 2019RentedNew contract
AED 185,000/yr12 months · AED 50 per sqft
29 Jun 2017SoldReady
AED 3,850,000AED 1,033 per sqft
20 Apr 2015Sold by developerOff-plan
AED 3,417,050AED 917 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
5-bed villa
Size
3,725 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 3.85M · June 2017
Community
Silver Springs

About M129B, Silver Springs

M129B 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 29 June 2017 for AED 3,850,000, or AED 1,033 per sqft, in line with the AED 1,038 five-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 October 2023, is AED 350,000 a year: a gross yield of 9.1% on the 2017 price.

Sales and rents for M129B over time

Sales
Villa M129B, 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, April 2015: AED 3,417,050 (AED 917 per sqft)Sold, June 2017: AED 3,850,000 (AED 1,033 per sqft)

M129B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa M129B, 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 2019: AED 185,000 a yearRenewal, July 2020: AED 160,000 a yearNew contract, August 2021: AED 250,000 a yearNew contract, October 2023: AED 350,000 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 M129B sits

All 88 5-beds →

M129B last sold in June 2017 at AED 1,033 per sqft, in line with what five-beds in Silver Springs were fetching at the time (AED 1,038).

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 →

M129B, Silver Springs in numbers

  • Sold twice: first on 20 April 2015 for AED 3,417,050, last on 29 June 2017 for AED 3,850,000 (AED 1,033 per sqft).
  • Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 185,000 to AED 160,000 in 2020 and recovered to AED 350,000 by October 2023.
  • At AED 350,000 a year the gross yield on the 2017 price is 9.1%.

Source: Dubai Land Department. Updated 1 October 2023.

Questions about M129B, Silver Springs

What did villa M129B last sell for?

AED 3,850,000 on 29 June 2017: AED 1,033 per sqft for 3,725 sqft. The villa has 2 registered sales; the first was AED 3,417,050 in April 2015.

What is the rent for villa M129B?

AED 350,000 a year on the contract signed on 1 October 2023. The previous contract, from August 2021, was AED 250,000; the villa has been rented since July 2019.

How big is villa M129B?

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

What is villa M129B 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 M129B, Silver Springs

Starts from the last sale price (AED 3.85M, 29 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

Plus AED 166,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →