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Silver Springs

Silver Springs

4 BR · Townhouse · 3 bathrooms

Price history

Listed since 25 September 2026. The price has been cut once — dates and figures from the listing itself.

  1. 28 September 2026 AED 3 700 000
  2. 9 October 2026 AED 3 500 000 -5%

About the building

Located in Damac Hills, completed in 2016.

Specifications for Silver Springs per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.

Where it is

The Springs

Dubai's first mass-market townhouse community, now past its twentieth year: grown trees, settled neighbours and rental demand that does not follow fashion.

  • families with school-age children
  • minimal tenant turnover
  • a house near the working half of the city

What to check: The houses are twenty years old and the gap between a renovated unit and an original one is wider than the gap between clusters. Budget for air conditioning, plumbing and roof before you agree a price, not after.

Full district guide →

Questions and answers about lot NP4-487174

How much is this 4-bedroom townhouse in Silver Springs?

Lot NP4-487174 is priced at AED 3 500 000, about $953 000. The size is 1 910 sq ft (177 m²), which works out at AED 1 832 per sq ft.

Has the price of this lot been cut?

Yes. The listing history shows the price going from AED 3 700 000 to AED 3 500 000: AED 200 000 less, or 5%. It was cut once. On the market since 25 September 2026.

Is this expensive or cheap for The Springs?

The database holds 11 lots in The Springs, starting from AED 3 399 000. The area median is AED 2 391 per sq ft; this lot, at AED 1 832, is 23% below it. 11 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

The Springs area guide →

Is the property ready or still under construction?

According to the listing, the property is ready. The project passport gives 2016 as the completion year.

Can this lot be bought with a mortgage, and what would the payment be?

UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 700 000; a loan of AED 2 800 000 over 25 years at 3.75–4.99% a year comes to roughly AED 14 400–16 400 a month. A non-resident puts down from 40% (AED 1 400 000) and pays about AED 10 800–12 300 a month. The bank approves the rate and the amount.

Run your own numbers in the mortgage calculator →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 140 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.

Does buying this lot qualify for a UAE residence visa?

On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 3 500 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.

Golden Visa and residence visas →

What is known about Silver Springs?

The project has 142 units. Completion year: 2016. Figures are from the project passport: Propsearch and the Dubai Land Department.

Silver Springs project page →

What does the seller say about the property itself?

From the listing: bathrooms — 3.

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-487174 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: Silver Springs

Reviews from the English YouTube channel — each one with a written breakdown on this site.

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