Studio · 542 sqftSilverene Tower B, Dubai Marina · 11th floor · completed 2011

1109, Silverene Tower B

Sold prices and rental history: sold 3 times, last in September 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1109 · DLD and Ejari recordsUpdated 26 November 2023
Last soldAED 350K29 September 2014
Current rentAED 55K /yr26 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1109, Silverene Tower B

What is 1109 worth today?

Last sold for AED 350,000 in 2014

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26 Nov 2023RentedRenewal
AED 55,000/yr12 months · AED 102 per sqft
26 Nov 2022RentedRenewal
AED 49,665/yr12 months · AED 92 per sqft
26 Nov 2021RentedRenewal
AED 45,150/yr12 months · AED 83 per sqft
26 Nov 2020RentedNew contract
AED 43,000/yr12 months · AED 79 per sqft
7 Jul 2020RentedNew contract
AED 47,000/yr12 months · AED 87 per sqft
29 Apr 2020RentedRenewal
AED 65,178/yr2 months · AED 120 per sqft
29 Apr 2019RentedNew contract
AED 65,000/yr12 months · AED 120 per sqft
27 Jul 2018RentedNew contract
AED 75,000/yr12 months · AED 138 per sqft

Source: Dubai Land Department. Updated 26 November 2023.

Key facts

Type
Studio apartment
Size
542 sqft
Floor
11th of 25
Parking
B3-50
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 12,100 /yr
Last sold
AED 350K · September 2014

About 1109, Silverene Tower B

1109 is a studio of 542 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 29 September 2014 for AED 350,000, or AED 645 per sqft, 69% below the AED 2,084 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 26 November 2023, is AED 55,000 a year: a gross yield of 15.7% on the 2014 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1109 over time

Sales
Unit 1109, 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 1,046 per sqft)Sold, December 2012: AED 567,000 (AED 1,046 per sqft)Sold, September 2014: AED 350,000 (AED 645 per sqft)

1109 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1109, each contractTypical studio in Silverene Tower B
40K60K80K2012201620202024Typical 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, May 2015: AED 80,000 a yearRenewal, May 2016: AED 80,000 a yearNew contract, May 2017: AED 80,000 a yearNew contract, July 2018: AED 75,000 a yearNew contract, April 2019: AED 65,000 a yearRenewal, April 2020: AED 65,178 a yearNew contract, July 2020: AED 47,000 a yearNew contract, November 2020: AED 43,000 a yearRenewal, November 2021: AED 45,150 a yearRenewal, November 2022: AED 49,665 a yearRenewal, November 2023: AED 55,000 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 1109 sits

All 92 studios →

1109 last sold in September 2014 at AED 645 per sqft, 69% below what studios in Silverene Tower B were fetching at the time (AED 2,084). 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. 1109's AED 55,000 is in the lower 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
1106StudioAED 977K · Apr 2022
1107StudioAED 567K · Aug 2013
1–7 of 13

1109, Silverene Tower B in numbers

  • Sold 3 times: first on 28 April 2009 for AED 567,000, last on 29 September 2014 for AED 350,000 (AED 645 per sqft).
  • Rented since May 2015 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 43,000 in 2020 and recovered to AED 55,000 by November 2023.
  • At AED 55,000 a year the gross yield on the 2014 price is 15.7%, before a service charge of about AED 12,100 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 26 November 2023.

Questions about 1109, Silverene Tower B

What did unit 1109 last sell for?

AED 350,000 on 29 September 2014: AED 645 per sqft for 542 sqft. The unit has 3 registered sales; the first was AED 567,000 in April 2009.

What is the rent for unit 1109?

AED 55,000 a year on the contract renewed on 26 November 2023. The previous contract, from November 2022, was AED 49,665; the unit has been rented since May 2015.

How big is unit 1109?

542 sqft (50.4 sqm): a studio on the 11th floor of a 25-storey tower completed in 2011.

What is unit 1109 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 1109, Silverene Tower B

Starts from the last sale price (AED 350K, 29 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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