Skip to content

Project · #608 by 12M value

Silver Springs 3

Damac Hills · Damac Properties

Median price per sqft · last 3 months

— /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
2

Market bulletin · Thu, 22 Oct 2026

Silver Springs 3: 2 sales worth AED 11.6M in 30 days

Silver Springs 3 recorded 2 sales worth AED 11.6M in the 30 days to Thu, 22 Oct 2026. Over the last week 1 sale was registered (AED 6.30M), against 0 the week before.

By market over 12 months: secondary (ready) sales 100%.

In Damac Hills, Silver Springs 3 ranked #8 of 11 leading projects by 12-month sales value; it is developed by Damac Properties.

Leases registered in the last three months had a median annual rent of AED 190K. The best gross yield is on 5+ BR villas & townhouses at about 5.8%.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26AED 1,616
Jan 26—
Dec 25AED 1,688
Nov 25—
Oct 25—
Sept 25AED 1,396
Aug 25—
Jul 25—
Jun 25—
May 25—
Apr 25AED 1,456
Mar 25AED 1,782
Feb 25—
Jan 25AED 448
Dec 24—
Nov 24AED 1,257

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26002
Sept 26000
Aug 26000
Jul 26003
Jun 26001
May 26001
Apr 26001
Mar 26001
Feb 26006
Jan 26004
Dec 25005
Nov 25003

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month2—AED 11.6M——
Last 3 months2down 66.7%AED 11.6M——
Last 6 months8down 57.9%AED 32.5M1,945up 28.6%
Last 12 months27down 57.1%AED 119M1,531up 5.3%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)27100%AED 3.80M1,531up 5.2%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
3 bedrooms519%AED 2.83M1,469down 19.4%
4 bedrooms1037%AED 3.66M1,768up 18.1%
5+ bedrooms1244%AED 5.50M1,454up 4.2%
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
AED 2M–10M27100%AED 3.80M1,531up 3.4%

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26—
Sept 26AED 193K
Aug 26AED 183K
Jul 26AED 170K
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25—
Nov 25AED 230K
Oct 25—
Sept 25—
Aug 25—
Jul 25—
Jun 25—
May 25—
Apr 25—
Mar 25—
Feb 25—
Jan 25—
Dec 24—
Nov 24—
Leases (12M)
97
New leases
94.8%
Median rent 3M
AED 190K
Rent/sqft 3M
AED 80
Gross yield
4 BR villas & townhousesAED 200K / AED 3.66M5.5%
5+ BR villas & townhousesAED 320K / AED 5.50M5.8%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
4 BR55AED 200KAED 200K96
5+ BR17AED 320KAED 320K85

Competing projects in Damac Hills

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Damac District Tower ADamac Properties3111,735down 7.1%
Damac District Tower BDamac Properties1881,808down 2.6%
BelAir at the Trump EstatesDamac Properties271,698—
Golf Greens 2 Tower BDamac Properties1051,655—
Damac Hills - Autograph CollectionDamac Properties95,522—
Ivory at Damac HillsDamac Properties501,445—
Cavаlli Estates VillasDamac Properties71,757—
Park Residences Villas 1Damac Properties321,727—
Silver SpringsDamac Properties121,785—
Damac Villas by Paramount (Piccadilly Green)Damac Properties91,835—

Biggest sales, last 3 months

Biggest sales in Silver Springs 3
PricePropertyDate
AED 6.30M5+ BR Villa · 3,273 sqftSilver Springs 3 · Damac Hills21 Oct
AED 5.30M5+ BR Villa · 3,998 sqftSilver Springs 3 · Damac Hills1 Oct

Questions about Silver Springs 3

How many properties were sold in Silver Springs 3 in the last year?

27 sales worth AED 119M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.

What is the average rent in Silver Springs 3?

The median annual rent on leases registered in the last three months was AED 190K, and the best gross rental yield is about 5.8%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

BT AI Market Desk

Get every brief in your inbox

Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.