PropertyIndex

Silver Springs 1

Completed|163 villas

Silver Springs 1 is a completed community by DAMAC in Damac Hills, comprising 163 registered villas. 309 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,315 per sqft. At AED 1,315 per sqft, Silver Springs 1 prices 3% below the Damac Hills median of AED 1,358 per sqft on registered sales.

PIX© price · ↑1.7% YoY
5.42MAED
Typical
1,315AED
PSF
Gross yield
7.6%
PIX© rent ÷ PIX© price
Sale records
309
DLD · all time
Rent contracts
673
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Browse the tracked homes, or select a position in any table below, to follow one through every registered owner and tenant.

Type
Houses with a record
…

5 Bed

Size
Record
Jul 2017 to Oct 2026
Owners
0
Tenants
5
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
5Tenant 54 Oct 2026
Renewal
Owner not on record
5Tenant 54 Apr 20266 mo
Owner not on record
4Tenant 45 Apr 202512 mo
Renewal
Owner not on record
4Tenant 45 Apr 202412 mo
Renewal
Owner not on record
4Tenant 45 Apr 202312 mo
Owner not on record
3Tenant 39 Mar 202212 mo
Owner not on record
2Tenant 218 Sep 202018 mo
Renewal
Owner not on record
2Tenant 218 Sep 201912 mo
Renewal
Owner not on record
2Tenant 218 Sep 201812 mo
Owner not on record
1Tenant 130 Jul 201713 mo
Owner not on record
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Silver Springs 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
3,466 - 13,095 sqft
1635.42M1,315↑1.7%410K7.6%
Residential
2 Bed · Villa
7,032 - 10,903 sqft
2-----
3 Bed · Villa
3,466 - 4,066 sqft
50----
4 Bed · Villa
4,041 - 7,622 sqft
10----
5 Bed · Villa
4,146 - 7,636 sqft
68----
6 Bed · Villa
11,554 - 13,095 sqft
3-----
Villa, bedrooms not recorded
3,488 - 10,894 sqft
30--
Land
Land
676,809 sqft
------
Sales - Project-Wide309 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsSizePricePSFvs Prior SaleTierType
26 Oct 2026Not recorded3,4884,850,0001,391+115.6%StandardStandard Sale
11 Sep 2026Not recorded5,4456,950,0001,276+54.4%StandardStandard Sale
4 Sep 2026Not recorded5,2316,000,0001,147+76.7%Entry LevelStandard Sale
Rentals - Project-Wide673 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsSizeRent / YrRent PSFvs Prior RentTierType
15 Dec 20263 Bed3,488300,00086-StandardCONTRACT
22 Oct 20264 Bed4,654330,00071-StandardCERTIFICATE
22 Oct 20264 Bed4,654330,00071-StandardCERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Damac Hills

The closest-priced registered projects in Damac Hills.

Common questions about Silver Springs 1

Answered from Dubai Land Department registered transactions.

How much does a property in Silver Springs 1 cost?

Property in Silver Springs 1 sells at a current PIX© price of AED 1,315 per sqft, or about AED 5,424,437 for a typical unit, based on 309 sales registered with the Dubai Land Department.

Is Silver Springs 1 completed?

Yes. Silver Springs 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Silver Springs 1?

Silver Springs 1 is developed by DAMAC, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Silver Springs 1?

Silver Springs 1 yields 7.6% gross, calculated from current PIX© rent against current PIX© sale price, across 673 registered Ejari contracts.

How many villas are in Silver Springs 1?

Silver Springs 1 holds 163 registered villas, per the Dubai Land Department unit register.

Have prices in Silver Springs 1 gone up or down?

Price per sqft has risen +1.7% over the last 12 months, to AED 1,315, across 309 registered sales.