5-bed · 3,339 sqftSilver Springs, Damac Hills · completed 2016

M164B, Silver Springs

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa M164B · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 3.17M23 December 2013
Current rentAED 212K /yr24 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M164B, Silver Springs

What is M164B worth today?

Last sold for AED 3,172,050 in 2013

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24 Sep 2024RentedRenewal
AED 211,680/yr12 months · AED 63 per sqft
24 Sep 2023RentedRenewal
AED 176,400/yr12 months · AED 53 per sqft
24 Sep 2022RentedRenewal
AED 147,000/yr12 months · AED 44 per sqft
24 Sep 2021RentedRenewal
AED 140,000/yr12 months · AED 42 per sqft
23 Dec 2013Sold by developerOff-plan
AED 3,172,050AED 950 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
5-bed villa
Size
3,339 sqft
Developer
DAMAC
Completed
2016
Last sold
AED 3.17M · December 2013

About M164B, Silver Springs

M164B is a five-bedroom villa of 3,339 sqft in Silver Springs, a villa community in Damac Hills completed in 2016 by DAMAC. The developer sold it on 23 December 2013 for AED 3,172,050, or AED 950 per sqft, 8% below the AED 1,037 five-beds in the community were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 24 September 2024, is AED 211,680 a year: a gross yield of 6.7% on the 2013 price.

Sales and rents for M164B over time

Sales
Villa M164B, 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, December 2013: AED 3,172,050 (AED 950 per sqft)

M164B has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa M164B, 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 345,000Renewal, September 2021: AED 140,000 a yearRenewal, September 2022: AED 147,000 a yearRenewal, September 2023: AED 176,400 a yearRenewal, September 2024: AED 211,680 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 M164B sits

All 88 5-beds →

M164B last sold in December 2013 at AED 950 per sqft, 8% below 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 →

M164B, Silver Springs in numbers

  • Sold once: by DAMAC on 23 December 2013 for AED 3,172,050, or AED 950 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 140,000 to AED 211,680 a year.
  • At AED 211,680 a year the gross yield on the 2013 price is 6.7%.

Source: Dubai Land Department. Updated 24 September 2024.

Questions about M164B, Silver Springs

What did villa M164B last sell for?

AED 3,172,050 on 23 December 2013, sold by the developer: AED 950 per sqft for 3,339 sqft. It is the only registered sale of the villa.

What is the rent for villa M164B?

AED 211,680 a year on the contract renewed on 24 September 2024. The previous contract, from September 2023, was AED 176,400; the villa has been rented since September 2021.

How big is villa M164B?

3,339 sqft (310.2 sqm): a five-bedroom villa in Silver Springs, completed in 2016.

What is villa M164B 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 M164B, Silver Springs

Starts from the last sale price (AED 3.17M, 23 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,172,050
Deposit, UAE resident (20%)
AED 634,410
Deposit, non-resident (40%)
AED 1,268,820
Monthly over 25 years at 3.7%
AED 12,978

Plus AED 138,236 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →