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

M155B, Silver Springs

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

Villa M155B · DLD and Ejari recordsUpdated 23 May 2018
Last soldAED 2.7M30 January 2014
Current rentAED 120K /yr23 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M155B, Silver Springs

What is M155B worth today?

Last sold for AED 2,695,770 in 2014

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23 May 2018RentedRenewal
AED 120,000/yr12 months · AED 44 per sqft
23 May 2017RentedNew contract
AED 130,000/yr12 months · AED 48 per sqft
30 Jan 2014Sold by developerOff-plan
AED 2,695,770AED 990 per sqft

Source: Dubai Land Department. Updated 23 May 2018.

Key facts

Type
3-bed villa
Size
2,723 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 2.7M · January 2014

About M155B, Silver Springs

M155B 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 30 January 2014 for AED 2,695,770, or AED 990 per sqft, 10% above the AED 900 three-beds in the community were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, renewed on 23 May 2018, is AED 120,000 a year: a gross yield of 4.5% on the 2014 price.

Sales and rents for M155B over time

Sales
Villa M155B, 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 2,695,770 (AED 990 per sqft)

M155B has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa M155B, each contractTypical three-bed in Silver Springs
100K200K2017202020232026Typical 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, May 2017: AED 130,000 a yearRenewal, May 2018: AED 120,000 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 M155B sits

All 65 3-beds →

M155B last sold in January 2014 at AED 990 per sqft, 10% 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 →

M155B, Silver Springs in numbers

  • Sold once: by DAMAC on 30 January 2014 for AED 2,695,770, or AED 990 per sqft.
  • Rented since May 2017 on 2 Ejari contracts, from AED 130,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2014 price is 4.5%.
  • 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 23 May 2018.

Questions about M155B, Silver Springs

What did villa M155B last sell for?

AED 2,695,770 on 30 January 2014, sold by the developer: AED 990 per sqft for 2,723 sqft. It is the only registered sale of the villa.

What is the rent for villa M155B?

AED 120,000 a year on the contract renewed on 23 May 2018. The previous contract, from May 2017, was AED 130,000.

How big is villa M155B?

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

What is villa M155B 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 M155B, Silver Springs

Starts from the last sale price (AED 2.7M, 30 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,695,770
Deposit, UAE resident (20%)
AED 539,154
Deposit, non-resident (40%)
AED 1,078,308
Monthly over 25 years at 3.7%
AED 11,029

Plus AED 118,233 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →