PropertyIndex

Silver Springs 1

Completed|163 villas

Silver Springs 1 is a completed community by DAMAC in Damac Hills, comprising 163 registered villas. 308 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,222 per sqft. At AED 1,222 per sqft, Silver Springs 1 prices 14% below the Damac Hills median of AED 1,417 per sqft on registered sales.

PIX© price · 14.3% YoY
6.51MAED
Typical
1,222AED
PSF
Gross yield
5.0%
PIX© rent ÷ PIX© price
Sale records
308
DLD · all time
Rent contracts
666
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
Bedrooms
Houses with a record
Select a unit to read its record.
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
1636.51M1,22214.3%323K5.0%
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
67----
6 Bed · Villa
11,554 - 13,095 sqft
3-----
Villa (Bedrooms Unknown)
3,488 - 10,894 sqft
31--
Land
Land
676,809 sqft
------
Sales - Project-Wide308 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
11 Sep 2026Beds TBC5,4456,950,0001,276+54.4%StandardStandard Sale
4 Sep 2026Beds TBC5,2316,000,0001,147+76.7%Entry LevelStandard Sale
30 Jun 2026Beds TBC5,8847,550,0001,283-StandardStandard Sale
Rentals - Project-Wide666 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
20 Sep 20265 Bed7,318465,00064-StandardCERTIFICATE
12 Sep 20263 Bed3,488270,00077-PremiumCERTIFICATE
10 Sep 20264 Bed7,622640,00084-StandardCONTRACT

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 1,222 per sqft, or about AED 6,514,109 for a typical unit, based on 308 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 5.0% gross, calculated from current PIX© rent against current PIX© sale price, across 666 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 fallen -14.3% over the last 12 months, to AED 1,222, across 308 registered sales.