1-bed · 595 sqftSilverene Tower B, Dubai Marina · 10th floor · completed 2011

1011, Silverene Tower B

Sold prices and rental history: sold 3 times, last in March 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 11 March 2013
Last soldAED 648K11 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Silverene Tower B

What is 1011 worth today?

Last sold for AED 648,000 in 2013

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11 Mar 2013SoldReady
AED 648,000AED 1,088 per sqft
21 Dec 2009SoldOff-plan
AED 300,000AED 503 per sqft
4 Feb 2008Sold by developerOff-plan
AED 648,000AED 1,088 per sqft

Source: Dubai Land Department. Updated 11 March 2013.

Key facts

Type
1-bed apartment
Size
595 sqft
Floor
10th of 25
Parking
B3-180
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 13,300 /yr
Last sold
AED 648K · March 2013

About 1011, Silverene Tower B

1011 is a one-bedroom apartment of 595 sqft on the 10th floor of Silverene Tower B, a 25-storey tower in Dubai Marina completed in 2011 by Cayan Real Estate Investment & Development. It last sold on 11 March 2013 for AED 648,000, or AED 1,088 per sqft, 10% below the AED 1,214 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical one-bed in Silverene Tower B
1M2M20072012201720222027Typical sale price by year: 2007 AED 873,000; 2008 AED 750,000; 2009 AED 801,000; 2010 AED 841,000; 2011 AED 810,500; 2012 AED 846,000; 2013 AED 873,000; 2014 AED 1,450,000; 2015 AED 1,402,500; 2016 AED 1,600,000; 2017 AED 1,410,000; 2018 AED 1,435,000; 2019 AED 950,000; 2020 AED 925,000; 2021 AED 1,275,000; 2022 AED 1,350,000; 2023 AED 1,500,000; 2024 AED 1,635,000; 2025 AED 1,840,000; 2026 AED 1,600,000Sold by developer, February 2008: AED 648,000 (AED 1,088 per sqft)Sold, December 2009: AED 300,000 (AED 503 per sqft)Sold, March 2013: AED 648,000 (AED 1,088 per sqft)

1011 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1011, each contractTypical one-bed in Silverene Tower B
80K100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 85,000; 2014 AED 97,375; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 86,250; 2020 AED 80,000; 2021 AED 74,000; 2022 AED 82,000; 2023 AED 99,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Silverene Tower B, and where 1011 sits

All 176 1-beds →

1011 last sold in March 2013 at AED 1,088 per sqft, 10% below what one-beds in Silverene Tower B were fetching at the time (AED 1,214). Over the last 12 months one-beds sold for AED 1,230,000 to 2,275,000, around AED 2,326 per sqft, and rent for AED 25,000 to 170,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,750,000
6 Oct 20261,600,000
5 Oct 20261,600,000
25 Sep 20261,775,000
13 1-bed sales in the last 12 months

Silverene Tower B

Building

316 apartments, studios to 3-bed over 25 floors in Dubai Marina, completed in 2011 by Cayan Real Estate Investment & Development. 23 sold in the last 12 months.

Typical price per sqft
AED 2,444 Down 1.2%
Typical sale
AED 1.55M
Typical rent
AED 100K /yr
Typical yield
5.9%
Silverene Tower B, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 316 units in Silverene Tower B
Value
10012-bedAED 1.43M · Dec 2012
10021-bedAED 990K · Feb 2013
10031-bedAED 765K · Dec 2012
10041-bedAED 1.4M · Mar 2022
10051-bedAED 1.9M · Aug 2022
1006StudioAED 1M · Apr 2022
1007StudioAED 1.2M · Feb 2015
1–7 of 13

1011, Silverene Tower B in numbers

  • Sold 3 times: first on 4 February 2008 for AED 648,000, last on 11 March 2013 for AED 648,000 (AED 1,088 per sqft).
  • One-beds in Silverene Tower B sold for AED 1,230,000–2,275,000 in the 12 months to November 2026; the building's median across all types is AED 2,444 per sqft.

Source: Dubai Land Department. Updated 11 March 2013.

Questions about 1011, Silverene Tower B

What did unit 1011 last sell for?

AED 648,000 on 11 March 2013: AED 1,088 per sqft for 595 sqft. The unit has 3 registered sales; the first was AED 648,000 in February 2008.

How big is unit 1011?

595 sqft (55.3 sqm): a one-bedroom apartment on the 10th floor of a 25-storey tower completed in 2011.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silverene Tower B sold for AED 1,230,000 to 2,275,000 in the last 12 months, around AED 2,326 per sqft.

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Mortgage on 1011, Silverene Tower B

Starts from the last sale price (AED 648K, 11 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 648,000
Deposit, UAE resident (20%)
AED 129,600
Deposit, non-resident (40%)
AED 259,200
Monthly over 25 years at 3.7%
AED 2,651

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →