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3-bed · 2,723 sqftSilver Springs, Damac Hills · completed 2016

M137B, Silver Springs

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M137B · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 2.8M11 January 2014
Current rentAED 200K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for M137B, Silver Springs

What is M137B worth today?

Last sold for AED 2,804,900 in 2014

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15 Oct 2024RentedRenewal
AED 200,000/yr12 months · AED 73 per sqft
15 Oct 2023RentedRenewal
AED 143,000/yr12 months · AED 53 per sqft
15 Oct 2022RentedRenewal
AED 130,000/yr12 months · AED 48 per sqft
15 Oct 2021RentedRenewal
AED 125,000/yr12 months · AED 46 per sqft
1 Sep 2018RentedRenewal
AED 139,000/yr12 months · AED 51 per sqft
1 Sep 2017RentedNew contract
AED 145,000/yr12 months · AED 53 per sqft
11 Jan 2014Sold by developerOff-plan
AED 2,804,900AED 1,030 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
3-bed villa
Size
2,723 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 2.8M · January 2014
Community
Silver Springs

About M137B, Silver Springs

M137B is a three-bedroom villa of 2,723 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. The developer sold it on 11 January 2014 for AED 2,804,900, or AED 1,030 per sqft, 14% above the AED 900 three-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 15 October 2024, is AED 200,000 a year: a gross yield of 7.1% on the 2014 price.

Sales and rents for M137B over time

Sales
Villa M137B, each saleTypical three-bed in Silver Springs
3M4M2013201720212025Typical sale price by year: 2013 AED 2,450,700; 2014 AED 2,532,390; 2015 AED 2,450,700; 2017 AED 2,500,000; 2021 AED 2,600,000; 2022 AED 2,835,000; 2023 AED 3,250,000; 2024 AED 3,950,000; 2025 AED 4,540,000Sold by developer, January 2014: AED 2,804,900 (AED 1,030 per sqft)

M137B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa M137B, each contractTypical three-bed in Silver Springs
150K200K250K2017202020232026Typical rent by year: 2017 AED 150,000; 2018 AED 150,000; 2019 AED 130,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 148,000; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 235,000New contract, September 2017: AED 145,000 a yearRenewal, September 2018: AED 139,000 a yearRenewal, October 2021: AED 125,000 a yearRenewal, October 2022: AED 130,000 a yearRenewal, October 2023: AED 143,000 a yearRenewal, October 2024: AED 200,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Silver Springs, and where M137B sits

All 65 3-beds →

M137B last sold in January 2014 at AED 1,030 per sqft, 14% above what three-beds in Silver Springs were fetching at the time (AED 900). Over the last 12 months three-beds sold for AED 4,540,000 to 4,800,000, around AED 1,670 per sqft.

Recent 3-bed salesVilla no.Price (AED)Summary
12 Feb 20264,800,000
27 Nov 20254,550,000
14 Nov 20254,540,000
28 Feb 20253,500,000
3 3-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 →

M137B, Silver Springs in numbers

  • Sold once: by DAMAC on 11 January 2014 for AED 2,804,900, or AED 1,030 per sqft.
  • Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 145,000 to AED 125,000 in 2021 and recovered to AED 200,000 by October 2024.
  • At AED 200,000 a year the gross yield on the 2014 price is 7.1%.
  • Three-beds in Silver Springs sold for AED 4,540,000–4,800,000 in the 12 months to November 2026; the community's median across all types is AED 1,670 per sqft.

Source: Dubai Land Department. Updated 15 October 2024.

Questions about M137B, Silver Springs

What did villa M137B last sell for?

AED 2,804,900 on 11 January 2014, sold by the developer: AED 1,030 per sqft for 2,723 sqft. It is the only registered sale of the villa.

What is the rent for villa M137B?

AED 200,000 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 143,000; the villa has been rented since September 2017.

How big is villa M137B?

2,723 sqft (253.0 sqm): a three-bedroom villa in Silver Springs, completed in 2016.

What is villa M137B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Silver Springs sold for AED 4,540,000 to 4,800,000 in the last 12 months, around AED 1,670 per sqft.

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Mortgage on M137B, Silver Springs

Starts from the last sale price (AED 2.8M, 11 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,804,900
Deposit, UAE resident (20%)
AED 560,980
Deposit, non-resident (40%)
AED 1,121,960
Monthly over 25 years at 3.7%
AED 11,476

Plus AED 122,816 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →