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

M142B, Silver Springs

Sold prices and rental history: sold once, by the developer in October 2013, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M142B · DLD and Ejari recordsUpdated 9 March 2021
Last soldAED 4.28M2 October 2013
Current rentAED 200K /yr9 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M142B, Silver Springs

What is M142B worth today?

Last sold for AED 4,284,000 in 2013

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9 Mar 2021RentedRenewal
AED 200,000/yr36 months · AED 54 per sqft
9 Mar 2020RentedNew contract
AED 100,000/yr12 months · AED 27 per sqft
2 Oct 2013Sold by developerOff-plan
AED 4,284,000AED 1,150 per sqft

Source: Dubai Land Department. Updated 9 March 2021.

Key facts

Type
5-bed villa
Size
3,725 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 4.28M · October 2013

About M142B, Silver Springs

M142B is a five-bedroom villa of 3,725 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. The developer sold it on 2 October 2013 for AED 4,284,000, or AED 1,150 per sqft, 11% above the AED 1,037 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 9 March 2021, is AED 200,000 a year: a gross yield of 4.7% on the 2013 price.

Sales and rents for M142B over time

Sales
Villa M142B, 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, October 2013: AED 4,284,000 (AED 1,150 per sqft)

M142B has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa M142B, each contractTypical five-bed in Silver Springs
200K2017202020232026Typical 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, March 2020: AED 100,000 a yearRenewal, March 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 M142B sits

All 88 5-beds →

M142B last sold in October 2013 at AED 1,150 per sqft, 11% above what five-beds in Silver Springs were fetching at the time (AED 1,037).

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 →

M142B, Silver Springs in numbers

  • Sold once: by DAMAC on 2 October 2013 for AED 4,284,000, or AED 1,150 per sqft.
  • Rented since March 2020 on 2 Ejari contracts, from AED 100,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2013 price is 4.7%.

Source: Dubai Land Department. Updated 9 March 2021.

Questions about M142B, Silver Springs

What did villa M142B last sell for?

AED 4,284,000 on 2 October 2013, sold by the developer: AED 1,150 per sqft for 3,725 sqft. It is the only registered sale of the villa.

What is the rent for villa M142B?

AED 200,000 a year on the contract renewed on 9 March 2021. The previous contract, from March 2020, was AED 100,000.

How big is villa M142B?

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

What is villa M142B 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 M142B, Silver Springs

Starts from the last sale price (AED 4.28M, 2 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,284,000
Deposit, UAE resident (20%)
AED 856,800
Deposit, non-resident (40%)
AED 1,713,600
Monthly over 25 years at 3.7%
AED 17,527

Plus AED 184,938 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →