5-bed · 3,479 sqftSilver Springs, Damac Hills · completed 2016

M160B, Silver Springs

Sold prices and rental history: sold 3 times, last in August 2022, and rented once, from April 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M160B · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 4.5M1 August 2022
Current rentAED 210K /yr25 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M160B, Silver Springs

What is M160B worth today?

Last sold for AED 4,500,000 in 2022

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1 Aug 2022SoldReady
AED 4,500,000AED 1,293 per sqft
25 Apr 2021RentedNew contract
AED 210,000/yr12 months · AED 60 per sqft
18 Oct 2018SoldReady · flagged as an outlier
AED 1,750,000AED 503 per sqft
15 Jan 2015Sold by developerOff-plan
AED 3,395,578AED 976 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
5-bed villa
Size
3,479 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 4.5M · August 2022

About M160B, Silver Springs

M160B is a five-bedroom villa of 3,479 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. It last sold on 1 August 2022 for AED 4,500,000, or AED 1,293 per sqft, 10% above the AED 1,180 five-beds in the community were fetching at the time.

One Ejari contract is registered, from 25 April 2021. The current contract, signed on 25 April 2021, is AED 210,000 a year: a gross yield of 4.7% on the 2022 price.

Sales and rents for M160B over time

Sales
Villa M160B, 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 3,395,578 (AED 976 per sqft)Sold, August 2022: AED 4,500,000 (AED 1,293 per sqft)

M160B has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa M160B, 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, April 2021: AED 210,000 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 M160B sits

All 88 5-beds →

M160B last sold in August 2022 at AED 1,293 per sqft, 10% above what five-beds in Silver Springs were fetching at the time (AED 1,180).

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 →

M160B, Silver Springs in numbers

  • Sold 3 times: first on 15 January 2015 for AED 3,395,578, last on 1 August 2022 for AED 4,500,000 (AED 1,293 per sqft).
  • Rented since April 2021 on one Ejari contract, at AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2022 price is 4.7%.

Source: Dubai Land Department. Updated 1 August 2022.

Questions about M160B, Silver Springs

What did villa M160B last sell for?

AED 4,500,000 on 1 August 2022: AED 1,293 per sqft for 3,479 sqft. The villa has 3 registered sales; the first was AED 3,395,578 in January 2015.

What is the rent for villa M160B?

AED 210,000 a year on the contract signed on 25 April 2021.

How big is villa M160B?

3,479 sqft (323.2 sqm): a five-bedroom villa in Silver Springs, completed in 2016.

What is villa M160B 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 M160B, Silver Springs

Starts from the last sale price (AED 4.5M, 1 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus AED 194,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →