
1214, Silverene Tower B
Sold prices and rental history: sold 3 times, last in May 2023, 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 1214, Silverene Tower B
What is 1214 worth today?
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Source: Dubai Land Department. Updated 3 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,067 sqft
- Floor
- 12th of 25
- Parking
- P1-23
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 23,800 /yr
- Last sold
- AED 2.08M · May 2023
- Building
- Silverene Tower B
About 1214, Silverene Tower B
1214 is a two-bedroom apartment of 1,067 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 3 May 2023 for AED 2,075,000, or AED 1,944 per sqft, 4% above the AED 1,874 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 9 November 2016, is AED 139,755 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 23,800 a year.
Sales and rents for 1214 over time
1214 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Silverene Tower B, and where 1214 sits
All 45 2-beds →1214 last sold in May 2023 at AED 1,944 per sqft, 4% above what two-beds in Silverene Tower B were fetching at the time (AED 1,874). Over the last 12 months two-beds sold for AED 2,350,000 to 4,200,000, around AED 2,783 per sqft, and rent for AED 70,000 to 185,000 a year. 1214's AED 139,755 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jul 202631 July 2026 | 1,249 sqft | 4,200,000 | 3,363 | ||
| 24 Mar 202624 March 2026 | 1,067 sqft | 2,350,000 | 2,202 | ||
| 13 Jun 202513 June 2025 | 1,067 sqft | 2,350,000 | 2,202 | ||
| 18 Mar 202518 March 2025 | 1,067 sqft | 2,500,000 | 2,342 |
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 | |
| 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, Silverene Tower B in numbers
- Sold 3 times: first on 28 April 2009 for AED 1,440,000, last on 3 May 2023 for AED 2,075,000 (AED 1,944 per sqft).
- Rented since November 2013 on 4 Ejari contracts, from AED 110,000 to AED 139,755 a year.
- At AED 139,755 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 23,800 a year (AED 22.32 per sqft).
- Two-beds in Silverene Tower B sold for AED 2,350,000–4,200,000 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 3 May 2023.
Questions about 1214, Silverene Tower B
What did unit 1214 last sell for?
AED 2,075,000 on 3 May 2023: AED 1,944 per sqft for 1,067 sqft. The unit has 3 registered sales; the first was AED 1,440,000 in April 2009.
What is the rent for unit 1214?
AED 139,755 a year on the contract renewed on 9 November 2016. The previous contract, from November 2015, was AED 133,100; the unit has been rented since November 2013.
How big is unit 1214?
1,067 sqft (99.1 sqm): a two-bedroom apartment on the 12th floor of a 25-storey tower completed in 2011.
What is unit 1214 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silverene Tower B sold for AED 2,350,000 to 4,200,000 in the last 12 months, around AED 2,783 per sqft.
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Mortgage on 1214, Silverene Tower B
Starts from the last sale price (AED 2.08M, 3 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,075,000
- Deposit, UAE resident (20%)
- AED 415,000
- Deposit, non-resident (40%)
- AED 830,000
- Monthly over 25 years at 3.7%
- AED 8,489
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →