M157B, Silver Springs
Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M157B, Silver Springs
What is M157B worth today?
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Source: Dubai Land Department. Updated 22 October 2024.
Key facts
- Type
- 4-bed villa
- Size
- 3,167 sqft
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 3.26M · March 2014
- Community
- Silver Springs
About M157B, Silver Springs
M157B is a four-bedroom villa of 3,167 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. The developer sold it on 31 March 2014 for AED 3,262,700, or AED 1,030 per sqft, in line with the AED 1,030 four-beds in the community were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 22 October 2024, is AED 300,000 a year: a gross yield of 9.2% on the 2014 price.
Sales and rents for M157B over time
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.
4-beds in Silver Springs, and where M157B sits
All 11 4-beds →M157B last sold in March 2014 at AED 1,030 per sqft, in line with what four-beds in Silver Springs were fetching at the time (AED 1,030).
| Recent 4-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202527 January 2025 | 3,167 sqft | 4,950,000 | 1,563 | ||
| 11 Apr 202211 April 2022 | 3,447 sqft | 3,300,000 | 957 | ||
| 21 Jan 202221 January 2022 | 3,167 sqft | 1,600,000 | 505 | ||
| 29 Apr 202129 April 2021 | 3,167 sqft | 3,200,000 | 1,010 |
Silver Springs
Community172 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
M157B, Silver Springs in numbers
- Sold once: by DAMAC on 31 March 2014 for AED 3,262,700, or AED 1,030 per sqft.
- Rented since February 2017 on 5 Ejari contracts. The rent fell from AED 185,000 to AED 145,000 in 2020 and recovered to AED 300,000 by October 2024.
- At AED 300,000 a year the gross yield on the 2014 price is 9.2%.
Source: Dubai Land Department. Updated 22 October 2024.
Questions about M157B, Silver Springs
What did villa M157B last sell for?
AED 3,262,700 on 31 March 2014, sold by the developer: AED 1,030 per sqft for 3,167 sqft. It is the only registered sale of the villa.
What is the rent for villa M157B?
AED 300,000 a year on the contract signed on 22 October 2024. The previous contract, from October 2023, was AED 250,000; the villa has been rented since February 2017.
How big is villa M157B?
3,167 sqft (294.2 sqm): a four-bedroom villa in Silver Springs, completed in 2016.
What is villa M157B 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 M157B, Silver Springs
Starts from the last sale price (AED 3.26M, 31 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,262,700
- Deposit, UAE resident (20%)
- AED 652,540
- Deposit, non-resident (40%)
- AED 1,305,080
- Monthly over 25 years at 3.7%
- AED 13,349
Plus AED 142,043 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →