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Silver Springs

Silver Springs

5 BR · Villa · 6 bathrooms

Price history

Listed since 7 September 2026. The price has been cut once — dates and figures from the listing itself.

  1. 3 October 2026 AED 7 300 000
  2. 16 October 2026 AED 7 050 000 -3%

About the building

Located in Damac Hills, completed in 2016.

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 NP4-512881

How much is this 5-bedroom villa in Silver Springs?

Lot NP4-512881 is priced at AED 7 050 000, about $1 920 000. The size is 3 479 sq ft (323 m²), which works out at AED 2 026 per sq ft.

Has the price of this lot been cut?

Yes. The listing history shows the price going from AED 7 300 000 to AED 7 050 000: AED 250 000 less, or 3%. It was cut once. On the market since 7 September 2026.

Is this expensive or cheap for The Springs?

The database holds 10 lots in The Springs, starting from AED 3 399 000. The area median is AED 2 371 per sq ft; this lot, at AED 2 026, is 15% below it. 10 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 30%, here AED 2 115 000; a loan of AED 4 935 000 over 25 years at 3.75–4.99% a year comes to roughly AED 25 400–28 800 a month. A non-resident puts down from 40% (AED 2 820 000) and pays about AED 21 700–24 700 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 282 000 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 7 050 000. 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 — 6.

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 NP4-512881 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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