1-bed · 832 sqftSilverene Tower B, Dubai Marina · 12th floor · completed 2011

1205, Silverene Tower B

Sold prices and rental history: sold twice, last in December 2012, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 11 February 2023
Last soldAED 999K29 December 2012
Current rentAED 130K /yr11 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Silverene Tower B

What is 1205 worth today?

Last sold for AED 999,000 in 2012

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11 Feb 2023RentedNew contract
AED 130,000/yr12 months · AED 157 per sqft
1 Mar 2014RentedNew contract
AED 100,000/yr12 months · AED 121 per sqft
29 Dec 2012SoldReady
AED 999,000AED 1,200 per sqft
30 Apr 2009Sold by developerOff-plan
AED 999,000AED 1,200 per sqft

Source: Dubai Land Department. Updated 11 February 2023.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
12th of 25
Parking
B2-18
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 18,600 /yr
Last sold
AED 999K · December 2012

About 1205, Silverene Tower B

1205 is a one-bedroom apartment of 832 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 29 December 2012 for AED 999,000, or AED 1,200 per sqft, in line with the AED 1,225 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 11 February 2023, is AED 130,000 a year: a gross yield of 13.0% on the 2012 price, before the service charge of about AED 18,600 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical one-bed in Silverene Tower B
1M1.5M2M20072012201720222027Typical 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 999,000 (AED 1,200 per sqft)Sold, December 2012: AED 999,000 (AED 1,200 per sqft)

1205 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1205, each contractTypical one-bed in Silverene Tower B
100K2012201620202024Typical 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, March 2014: AED 100,000 a yearNew contract, February 2023: AED 130,000 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 1205 sits

All 176 1-beds →

1205 last sold in December 2012 at AED 1,200 per sqft, in line with what one-beds in Silverene Tower B were fetching at the time (AED 1,225). 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. 1205's AED 130,000 is in the upper 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 12th floor

All 316 units in Silverene Tower B
Value
12012-bedAED 2.04M · May 2015
12021-bedAED 999K · Jan 2013
12031-bedAED 1.28M · Jan 2022
12041-bedAED 774K · Dec 2012
1206StudioAED 567K · Dec 2012
1207StudioAED 567K · Dec 2012
1208StudioAED 1.55M · Apr 2026
1–7 of 13

1205, Silverene Tower B in numbers

  • Sold twice: first on 30 April 2009 for AED 999,000, last on 29 December 2012 for AED 999,000 (AED 1,200 per sqft).
  • Rented since March 2014 on 2 Ejari contracts, from AED 100,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2012 price is 13.0%, before a service charge of about AED 18,600 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 11 February 2023.

Questions about 1205, Silverene Tower B

What did unit 1205 last sell for?

AED 999,000 on 29 December 2012: AED 1,200 per sqft for 832 sqft. The unit has 2 registered sales; the first was AED 999,000 in April 2009.

What is the rent for unit 1205?

AED 130,000 a year on the contract signed on 11 February 2023. The previous contract, from March 2014, was AED 100,000.

How big is unit 1205?

832 sqft (77.3 sqm): a one-bedroom apartment on the 12th floor of a 25-storey tower completed in 2011.

What is unit 1205 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 1205, Silverene Tower B

Starts from the last sale price (AED 999K, 29 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 999,000
Deposit, UAE resident (20%)
AED 199,800
Deposit, non-resident (40%)
AED 399,600
Monthly over 25 years at 3.7%
AED 4,087

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