Silver Springs Villas By Damac

Key facts

Handover (past)

Q4 2024

Status

Ready

Property types

villa

Availability

Sold out

How Silver Springs Villas By Damac compares

Entry here is AED 2.0M, against a median of AED 2.7M across the 2 priced projects in Silver Springs, the lowest entry price in the community. The plan opens at 50% down, against a Dubai median of 10%, so it asks 40% more up front than the typical plan. Handover lands in Q4 2024, alongside 104 other projects completing in the same quarter. Damac Properties has 167 projects in our catalogue, 2 of them in Silver Springs.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Available units

Amenities

• Gymnasium
• Restaurants
• Shared Pool
• Security
• Children's Play Area

Location

Silver Springs Villas By Damac sits in Damac Hills.

Master plan

The developer’s own site plan for Silver Springs Villas By Damac, showing how the buildings, roads and open space sit together.

What you pay, and when

The launch payment plan was 50% on booking, 40% during construction and 10% at handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

Registration with the Dubai Land Department adds 4% of the purchase price, roughly AED 120,000 at this resale price. That 50% booking payment does not go to Damac Properties directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 2,097 square feet at AED 1,990,000, which works out at AED 949 per square foot.

Handover and construction

Silver Springs Villas By Damac reached handover in Q4 2024.

Ownership and residency

The cheapest resale listed sits at or above the AED 2,000,000 property threshold the 10 year UAE golden visa asks for, so a resale at that price qualifies on its own.

Who it suits

The development is villas in 4 bedroom layouts. Every layout is 4 bedrooms or more and the site has children's facilities, which is family stock rather than investor stock. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

Shared facilities recorded for Silver Springs Villas By Damac are the standard Dubai block: gymnasium, restaurants, shared pool, security and children's play area. 1 floor plans are published for it.

Frequently asked