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Dubai · Silver Springs

Silver Springs Phase 3 By Damac by Damac Properties

At a glance

Specifications

Address

Dubai,Damac Hills,Silver Springs,Silver Springs 3

Price range

AED 3,499,888

Completion

Ready

Payment plan

50% / 40% / 10%

Property type

Townhouse / Villa

About this project

Silver Springs Phase 3: Villas and Townhouses in Damac Hills

Silver Springs Phase 3 is the third residential cluster from Damac Properties within the Silver Springs sub-community of Damac Hills. The project delivers 3 to 6-bedroom townhouses and villas across one of Dubai's established master-plan communities. Construction started in May 2021. The target completion was January 2024, placing this project firmly in the completed category rather than an active off-plan opportunity.

Where Damac Hills Sits

Damac Hills occupies southwestern Dubai, roughly 25 kilometres from Downtown Dubai. Dubai International Airport is around 30 minutes by car via the Sheikh Mohammed Bin Zayed Road corridor. The district is a large master-planned golf community built around generous open space and low-density residential plots. That gives it a character distinct from the denser, higher-rise clusters closer to the coast.

Silver Springs sits within a quieter residential pocket of the broader master plan. For residents, the Mall of the Emirates and Dubai Marina are each within a 25 to 30-minute drive. The community includes its own retail and dining, which reduces dependence on external trips for daily needs. Buyers considering this location against more central Dubai options are weighing residential scale and greenery against shorter commutes and city density.

AED 3,499,888: What a Single Price Point Signals

The listed price is AED 3,499,888. Both the minimum and maximum are set at the same figure. In a project spanning 3 to 6-bedroom units across two property types, a single price point typically means one specific unit type or configuration is currently being listed, not that all units in the phase carry this price. Treat this as a reference point for the available listing rather than a floor or ceiling across the broader unit mix.

Townhouses and Villas: 3 to 6 Bedrooms

The project offers both property formats across a wide size range. Townhouses are available in 3, 4, 5, and 6-bedroom configurations. Villas cover the same bedroom range.

The 3-bedroom townhouse suits a smaller family or an investor targeting rental demand in a family-oriented suburban community. The 4 and 5-bedroom options are for growing families who want private outdoor space at a lower land commitment than a full villa. The 5 and 6-bedroom villas appeal to buyers who want the largest possible footprint in a completed, established residential cluster with no off-plan wait.

Amenities

Category Facilities
Fitness Gymnasium
Dining Restaurants
Recreation Shared Pool, Children's Play Area
Services Security

Five facilities across four categories. On-site restaurants are a less typical feature in a low-density suburban villa and townhouse community. The wider package (gym, shared pool, children's play area, and security) confirms the target resident: a family with children planning to live here as a primary home rather than rotate it as a short-term rental.

Construction and Handover: January 2024

Construction began in May 2021. The registered target handover date was January 2024. That date is now more than two years in the past. Buyers entering now are purchasing into a completed or near-completed community, not taking on construction risk. The off-plan entry window with its associated pricing discount is no longer available.

The Payment Structure: 50% Down

Stage Percentage
Down payment 50%
During construction 40%
Handover 10%

The original payment structure required a 50% down payment at signing. That is a substantial upfront commitment. The 40% construction tranche and 10% handover payment followed as the build progressed. This structure reflects the 2021 launch terms. With the project past its January 2024 target date, those intermediate payments have already run their course for buyers who entered at launch. The plan above is the registered original structure.

Payment plan

Pay as construction progresses

  1. Step 0150%
    Down payment50% paid
  2. Step 0240%
    During construction90% paid
  3. Step 0310%
    On handover100% paid

Schedule totals 100% at handover. Exact dates confirmed in your Sale & Purchase Agreement (SPA).

Construction

Where the project stands

  1. May 2021

    Booking Started
  2. May 2021

    Construction Started
  3. Jan 2024

    Expected Completion
Lifestyle

What's on site

Location

Where it sits

Dubai,Damac Hills,Silver Springs,Silver Springs 3

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FAQ

Questions buyers usually ask

Q01

What is the starting price for properties in Silver Springs Phase 3 by Damac?

The starting price for properties in Silver Springs Phase 3 by Damac is AED 3,499,888. This competitive pricing positions it as an attractive investment opportunity in Dubai's DAMAC Hills, appealing to those looking for luxury real estate.

Q02

What types of properties and prices can I expect in Silver Springs Phase 3?

Silver Springs Phase 3 offers premium townhouses and villas, all priced at AED 3,499,888. This single price point reflects the high standard and quality of living you can expect in this exclusive development located in DAMAC Hills, Dubai.

Q03

What is the payment plan for Silver Springs Phase 3 in Dubai?

Silver Springs Phase 3 features a flexible payment plan with a 50% down payment during booking, 40% during construction, and the remaining 10% upon handover. This structure makes it easier for investors to manage their finances while securing premium real estate in Dubai.

Q04

When will Silver Springs Phase 3 by Damac be ready for occupancy?

Silver Springs Phase 3 is expected to be ready for occupancy by January 29, 2024. This timeline gives prospective buyers a clear understanding of when they can begin enjoying their new homes in DAMAC Hills, Dubai.

Q05

Where is Silver Springs Phase 3 located?

Silver Springs Phase 3 is located in Dubai, in the DAMAC Hills community, specifically at Silver Springs 3. This prime location is known for its luxurious amenities and beautiful surroundings, making it a desirable area for homebuyers and investors alike.

Q06

Who is developing Silver Springs Phase 3?

Silver Springs Phase 3 is developed by Damac Properties, a reputable name in the UAE real estate market known for high-quality developments. With their proven track record, investing in this project offers a sense of security for potential buyers.

Q07

What amenities are available in Silver Springs Phase 3?

Silver Springs Phase 3 features top-notch amenities, including a well-equipped gymnasium, restaurants, a shared pool, round-the-clock security, and a children's play area. These facilities contribute to a luxurious and family-friendly lifestyle in Dubai.

Q08

What types of properties can I buy in Silver Springs Phase 3?

In Silver Springs Phase 3, buyers can choose from stunning townhouses and villas, each reflecting modern architectural designs and premium finishes. This variety provides options for different preferences and family needs in the vibrant DAMAC Hills community.

Q09

Is investing in Silver Springs Phase 3 a good investment?

Investing in Silver Springs Phase 3 is considered a strong opportunity due to its prime location in Dubai and the reputation of Damac Properties. The potential for capital appreciation and rental yield in DAMAC Hills makes this property an attractive option for investors.

Ready when you are

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