1204, Silverene Tower B
Sold prices and rental history: sold 3 times, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1204, Silverene Tower B
What is 1204 worth today?
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Source: Dubai Land Department. Updated 23 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 602 sqft
- Floor
- 12th of 25
- Parking
- B2-45
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 13,400 /yr
- Last sold
- AED 774K · December 2012
- Building
- Silverene Tower B
About 1204, Silverene Tower B
1204 is a one-bedroom apartment of 602 sqft on the 12th 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 25 December 2012 for AED 774,000, or AED 1,285 per sqft, 4% above the AED 1,234 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 23 May 2023, is AED 85,000 a year: a gross yield of 11.0% on the 2012 price, before the service charge of about AED 13,400 a year.
Sales and rents for 1204 over time
1204 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1204 sits
All 176 1-beds →1204 last sold in December 2012 at AED 1,285 per sqft, 4% above what one-beds in Silverene Tower B were fetching at the time (AED 1,234). 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. 1204's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 832 sqft | 1,750,000 | 2,102 | ||
| 6 Oct 20266 October 2026 | 601 sqft | 1,600,000 | 2,660 | ||
| 5 Oct 20265 October 2026 | 817 sqft | 1,600,000 | 1,958 | ||
| 25 Sep 202625 September 2026 | 818 sqft | 1,775,000 | 2,170 |
Silverene Tower B
Building316 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%
Other units on the 12th floor
All 316 units in Silverene Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,067 sqft | AED 2.04MAED 2,040,000 · May 2015May 2015 | 130,000 /yr | |
| 1202 | 1-bed | 832 sqft | AED 999KAED 999,000 · Jan 2013January 2013 | 120,000 /yr | |
| 1203 | 1-bed | 603 sqft | AED 1.28MAED 1,280,000 · Jan 2022January 2022 | 110,000 /yr | |
| 1205 | 1-bed | 832 sqft | AED 999KAED 999,000 · Dec 2012December 2012 | 130,000 /yr | |
| 1206 | Studio | 536 sqft | AED 567KAED 567,000 · Dec 2012December 2012 | 65,286 /yr | |
| 1207 | Studio | 518 sqft | AED 567KAED 567,000 · Dec 2012December 2012 | 80,000 /yr | |
| 1208 | Studio | 522 sqft | AED 1.55MAED 1,550,000 · Apr 2026April 2026 | 90,000 /yr | |
| 1209 | Studio | 542 sqft | AED 1.4MAED 1,400,000 · May 2026May 2026 | 80,500 /yr | |
| 1210 | 1-bed | 832 sqft | AED 828KAED 828,000 · Dec 2012December 2012 | 100,000 /yr | |
| 1211 | 1-bed | 602 sqft | AED 1.49MAED 1,490,000 · Jul 2024July 2024 | 80,000 /yr | |
| 1212 | 1-bed | 603 sqft | AED 657KAED 657,000 · Dec 2012December 2012 | 85,000 /yr | |
| 1213 | 1-bed | 832 sqft | AED 792KAED 792,000 · Dec 2012December 2012 | 105,000 /yr | |
| 1214 | 2-bed | 1,067 sqft | AED 2.08MAED 2,075,000 · May 2023May 2023 | 139,755 /yr |
1204, Silverene Tower B in numbers
- Sold 3 times: first on 1 April 2007 for AED 774,000, last on 25 December 2012 for AED 774,000 (AED 1,285 per sqft).
- Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 65,000 in 2021 and recovered to AED 85,000 by May 2023.
- At AED 85,000 a year the gross yield on the 2012 price is 11.0%, before a service charge of about AED 13,400 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 23 May 2023.
Questions about 1204, Silverene Tower B
What did unit 1204 last sell for?
AED 774,000 on 25 December 2012: AED 1,285 per sqft for 602 sqft. The unit has 3 registered sales; the first was AED 774,000 in April 2007.
What is the rent for unit 1204?
AED 85,000 a year on the contract renewed on 23 May 2023. The previous contract, from May 2022, was AED 80,000; the unit has been rented since September 2013.
How big is unit 1204?
602 sqft (55.9 sqm): a one-bedroom apartment on the 12th floor of a 25-storey tower completed in 2011.
What is unit 1204 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 1204, Silverene Tower B
Starts from the last sale price (AED 774K, 25 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 774,000
- Deposit, UAE resident (20%)
- AED 154,800
- Deposit, non-resident (40%)
- AED 309,600
- Monthly over 25 years at 3.7%
- AED 3,167
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →