Studio · 536 sqftSilverene Tower B, Dubai Marina · 11th floor · completed 2011

1106, Silverene Tower B

Sold prices and rental history: sold 4 times, last in April 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 11 April 2022
Last soldAED 977K11 April 2022
Current rentAED 80K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Silverene Tower B

What is 1106 worth today?

Last sold for AED 977,000 in 2022

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11 Apr 2022SoldReady
AED 977,000AED 1,822 per sqft
1 Dec 2021RentedNew contract
AED 80,000/yr12 months · AED 149 per sqft
6 Nov 2020RentedNew contract
AED 70,000/yr12 months · AED 130 per sqft
18 Nov 2019RentedNew contract
AED 70,000/yr12 months · AED 130 per sqft
25 Apr 2014RentedNew contract
AED 65,000/yr12 months · AED 121 per sqft
23 Mar 2014SoldReady
AED 1,135,000AED 2,117 per sqft
29 Dec 2012SoldReady
AED 567,000AED 1,057 per sqft
28 Apr 2009Sold by developerOff-plan
AED 567,000AED 1,057 per sqft

Source: Dubai Land Department. Updated 11 April 2022.

Key facts

Type
Studio apartment
Size
536 sqft
Floor
11th of 25
Parking
B1-43
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 12,000 /yr
Last sold
AED 977K · April 2022

About 1106, Silverene Tower B

1106 is a studio of 536 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 11 April 2022 for AED 977,000, or AED 1,822 per sqft, in line with the AED 1,822 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 December 2021, is AED 80,000 a year: a gross yield of 8.2% on the 2022 price, before the service charge of about AED 12,000 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical studio in Silverene Tower B
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 567,000; 2011 AED 594,000; 2012 AED 576,000; 2013 AED 580,200; 2014 AED 1,117,500; 2015 AED 1,200,000; 2016 AED 1,225,000; 2017 AED 1,225,000; 2019 AED 790,000; 2021 AED 800,000; 2022 AED 977,000; 2023 AED 1,160,000; 2024 AED 1,215,000; 2025 AED 1,342,500; 2026 AED 1,370,000Sold by developer, April 2009: AED 567,000 (AED 1,057 per sqft)Sold, December 2012: AED 567,000 (AED 1,057 per sqft)Sold, March 2014: AED 1,135,000 (AED 2,117 per sqft)Sold, April 2022: AED 977,000 (AED 1,822 per sqft)

1106 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1106, each contractTypical studio in Silverene Tower B
60K80K2012201620202024Typical rent by year: 2012 AED 50,000; 2013 AED 65,000; 2014 AED 65,000; 2015 AED 80,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 60,000; 2023 AED 70,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 78,875New contract, April 2014: AED 65,000 a yearNew contract, November 2019: AED 70,000 a yearNew contract, November 2020: AED 70,000 a yearNew contract, December 2021: AED 80,000 a year

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

Studios in Silverene Tower B, and where 1106 sits

All 92 studios →

1106 last sold in April 2022 at AED 1,822 per sqft, in line with what studios in Silverene Tower B were fetching at the time (AED 1,822). Over the last 12 months studios sold for AED 1,230,000 to 1,550,000, around AED 2,604 per sqft, and rent for AED 40,800 to 105,000 a year. 1106's AED 80,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Aug 20261,230,000
17 Aug 20261,550,000
12 Aug 20261,245,000
18 May 20261,400,000
8 studio 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
11031-bedAED 1.59M · Mar 2023
11041-bedAED 1.35M · Dec 2022
11051-bedAED 990K · Dec 2012
1107StudioAED 567K · Aug 2013
1108StudioAED 1.17M · Sep 2014
1–7 of 13

1106, Silverene Tower B in numbers

  • Sold 4 times: first on 28 April 2009 for AED 567,000, last on 11 April 2022 for AED 977,000 (AED 1,822 per sqft).
  • Rented since April 2014 on 4 Ejari contracts, from AED 65,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 8.2%, before a service charge of about AED 12,000 a year (AED 22.32 per sqft).
  • Studios in Silverene Tower B sold for AED 1,230,000–1,550,000 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 April 2022.

Questions about 1106, Silverene Tower B

What did unit 1106 last sell for?

AED 977,000 on 11 April 2022: AED 1,822 per sqft for 536 sqft. The unit has 4 registered sales; the first was AED 567,000 in April 2009.

What is the rent for unit 1106?

AED 80,000 a year on the contract signed on 1 December 2021. The previous contract, from November 2020, was AED 70,000; the unit has been rented since April 2014.

How big is unit 1106?

536 sqft (49.8 sqm): a studio on the 11th floor of a 25-storey tower completed in 2011.

What is unit 1106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silverene Tower B sold for AED 1,230,000 to 1,550,000 in the last 12 months, around AED 2,604 per sqft.

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Mortgage on 1106, Silverene Tower B

Starts from the last sale price (AED 977K, 11 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 977,000
Deposit, UAE resident (20%)
AED 195,400
Deposit, non-resident (40%)
AED 390,800
Monthly over 25 years at 3.7%
AED 3,997

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