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

M148B, Silver Springs

Sold prices and rental history: sold twice, last in November 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M148B · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 3.7M16 November 2017
Current rentAED 310K /yr31 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M148B, Silver Springs

What is M148B worth today?

Last sold for AED 3,700,000 in 2017

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31 Oct 2024RentedNew contract
AED 310,000/yr36 months · AED 83 per sqft
20 Jul 2020RentedNew contract
AED 165,000/yr12 months · AED 44 per sqft
1 Mar 2019RentedRenewal
AED 180,000/yr12 months · AED 48 per sqft
1 Mar 2018RentedNew contract
AED 180,000/yr12 months · AED 48 per sqft
16 Nov 2017SoldReady
AED 3,700,000AED 993 per sqft
19 Jan 2015Sold by developerOff-plan
AED 3,725,000AED 1,000 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
5-bed villa
Size
3,725 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 3.7M · November 2017

About M148B, Silver Springs

M148B 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 16 November 2017 for AED 3,700,000, or AED 993 per sqft, 5% below the AED 1,042 five-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 31 October 2024, is AED 310,000 a year: a gross yield of 8.4% on the 2017 price.

Sales and rents for M148B over time

Sales
Villa M148B, 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 3,725,000 (AED 1,000 per sqft)Sold, November 2017: AED 3,700,000 (AED 993 per sqft)

M148B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa M148B, 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, March 2018: AED 180,000 a yearRenewal, March 2019: AED 180,000 a yearNew contract, July 2020: AED 165,000 a yearNew contract, October 2024: AED 310,000 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 M148B sits

All 88 5-beds →

M148B last sold in November 2017 at AED 993 per sqft, 5% below what five-beds in Silver Springs were fetching at the time (AED 1,042).

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 →

M148B, Silver Springs in numbers

  • Sold twice: first on 19 January 2015 for AED 3,725,000, last on 16 November 2017 for AED 3,700,000 (AED 993 per sqft).
  • Rented since March 2018 on 4 Ejari contracts, from AED 180,000 to AED 310,000 a year.
  • At AED 310,000 a year the gross yield on the 2017 price is 8.4%.

Source: Dubai Land Department. Updated 31 October 2024.

Questions about M148B, Silver Springs

What did villa M148B last sell for?

AED 3,700,000 on 16 November 2017: AED 993 per sqft for 3,725 sqft. The villa has 2 registered sales; the first was AED 3,725,000 in January 2015.

What is the rent for villa M148B?

AED 310,000 a year on the contract signed on 31 October 2024. The previous contract, from July 2020, was AED 165,000; the villa has been rented since March 2018.

How big is villa M148B?

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

What is villa M148B 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 M148B, Silver Springs

Starts from the last sale price (AED 3.7M, 16 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

Plus AED 160,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →