1207, Silverene Tower B
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, Silverene Tower B
What is 1207 worth today?
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Source: Dubai Land Department. Updated 26 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 518 sqft
- Floor
- 12th of 25
- Parking
- B3-51
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 567K · December 2012
- Building
- Silverene Tower B
About 1207, Silverene Tower B
1207 is a studio of 518 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 567,000, or AED 1,093 per sqft, in line with the AED 1,093 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 26 September 2023, is AED 80,000 a year: a gross yield of 14.1% on the 2012 price, before the service charge of about AED 11,600 a year.
Sales and rents for 1207 over time
1207 has sold twice; the dashed line is the studio median of each year in the building.
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 1207 sits
All 92 studios →1207 last sold in December 2012 at AED 1,093 per sqft, in line with what studios in Silverene Tower B were fetching at the time (AED 1,093). 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. 1207's AED 80,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 542 sqft | 1,230,000 | 2,269 | ||
| 17 Aug 202617 August 2026 | 522 sqft | 1,550,000 | 2,969 | ||
| 12 Aug 202612 August 2026 | 536 sqft | 1,245,000 | 2,323 | ||
| 18 May 202618 May 2026 | 542 sqft | 1,400,000 | 2,583 |
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 | |
| 1204 | 1-bed | 602 sqft | AED 774KAED 774,000 · Dec 2012December 2012 | 85,000 /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 | |
| 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 |
1207, Silverene Tower B in numbers
- Sold twice: first on 28 April 2009 for AED 567,000, last on 29 December 2012 for AED 567,000 (AED 1,093 per sqft).
- Rented since February 2014 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2020 and recovered to AED 80,000 by September 2023.
- At AED 80,000 a year the gross yield on the 2012 price is 14.1%, before a service charge of about AED 11,600 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 September 2023.
Questions about 1207, Silverene Tower B
What did unit 1207 last sell for?
AED 567,000 on 29 December 2012: AED 1,093 per sqft for 518 sqft. The unit has 2 registered sales; the first was AED 567,000 in April 2009.
What is the rent for unit 1207?
AED 80,000 a year on the contract signed on 26 September 2023. The previous contract, from March 2022, was AED 60,000; the unit has been rented since February 2014.
How big is unit 1207?
518 sqft (48.1 sqm): a studio on the 12th floor of a 25-storey tower completed in 2011.
What is unit 1207 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 1207, Silverene Tower B
Starts from the last sale price (AED 567K, 29 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 567,000
- Deposit, UAE resident (20%)
- AED 113,400
- Deposit, non-resident (40%)
- AED 226,800
- Monthly over 25 years at 3.7%
- AED 2,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →