1-bed · 607 sqftSilverene Tower B, Dubai Marina · 11th floor · completed 2011

1103, Silverene Tower B

Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 10 March 2023
Last soldAED 1.59M10 March 2023
Current rentAED 96K /yr8 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Silverene Tower B

What is 1103 worth today?

Last sold for AED 1,590,000 in 2023

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10 Mar 2023SoldReady
AED 1,590,000AED 2,618 per sqft
9 Apr 2019SoldReady
AED 637,500AED 1,049 per sqft
8 Nov 2018RentedRenewal
AED 96,000/yr3 months · AED 158 per sqft
8 Aug 2018RentedRenewal
AED 96,000/yr3 months · AED 158 per sqft
8 May 2018RentedRenewal
AED 110,000/yr3 months · AED 181 per sqft
8 May 2017RentedNew contract
AED 110,000/yr12 months · AED 181 per sqft
8 May 2016RentedNew contract
AED 110,000/yr12 months · AED 181 per sqft
23 Apr 2015RentedNew contract
AED 110,000/yr12 months · AED 181 per sqft

Source: Dubai Land Department. Updated 10 March 2023.

Key facts

Type
1-bed apartment
Size
607 sqft
Floor
11th of 25
Parking
B2-12
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 13,600 /yr
Last sold
AED 1.59M · March 2023

About 1103, Silverene Tower B

1103 is a one-bedroom apartment of 607 sqft on the 11th 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 10 March 2023 for AED 1,590,000, or AED 2,618 per sqft, 25% above the AED 2,098 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 8 November 2018, is AED 96,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 13,600 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, 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, April 2009: AED 765,000 (AED 1,259 per sqft)Sold, December 2012: AED 765,000 (AED 1,259 per sqft)Sold, April 2019: AED 637,500 (AED 1,049 per sqft)Sold, March 2023: AED 1,590,000 (AED 2,618 per sqft)

1103 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1103, 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 105,000New contract, April 2015: AED 110,000 a yearNew contract, May 2016: AED 110,000 a yearNew contract, May 2017: AED 110,000 a yearRenewal, May 2018: AED 110,000 a yearRenewal, August 2018: AED 96,000 a yearRenewal, November 2018: AED 96,000 a year

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 1103 sits

All 176 1-beds →

1103 last sold in March 2023 at AED 2,618 per sqft, 25% above what one-beds in Silverene Tower B were fetching at the time (AED 2,098). 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. 1103's AED 96,000 is in the lower half of that range.

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 11th floor

All 316 units in Silverene Tower B
Value
11012-bedAED 2.36M · Feb 2025
11021-bedAED 990K · Dec 2012
11041-bedAED 1.35M · Dec 2022
11051-bedAED 990K · Dec 2012
1106StudioAED 977K · Apr 2022
1107StudioAED 567K · Aug 2013
1108StudioAED 1.17M · Sep 2014
1–7 of 13

1103, Silverene Tower B in numbers

  • Sold 4 times: first on 28 April 2009 for AED 765,000, last on 10 March 2023 for AED 1,590,000 (AED 2,618 per sqft).
  • Rented since April 2015 on 6 Ejari contracts, from AED 110,000 to AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 13,600 a year (AED 22.32 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 10 March 2023.

Questions about 1103, Silverene Tower B

What did unit 1103 last sell for?

AED 1,590,000 on 10 March 2023: AED 2,618 per sqft for 607 sqft. The unit has 4 registered sales; the first was AED 765,000 in April 2009.

What is the rent for unit 1103?

AED 96,000 a year on the contract renewed on 8 November 2018. The previous contract, from August 2018, was AED 96,000; the unit has been rented since April 2015.

How big is unit 1103?

607 sqft (56.4 sqm): a one-bedroom apartment on the 11th floor of a 25-storey tower completed in 2011.

What is unit 1103 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 1103, Silverene Tower B

Starts from the last sale price (AED 1.59M, 10 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,590,000
Deposit, UAE resident (20%)
AED 318,000
Deposit, non-resident (40%)
AED 636,000
Monthly over 25 years at 3.7%
AED 6,505

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