2-bed · 1,067 sqftSilverene Tower B, Dubai Marina · 13th floor · completed 2011

1301, Silverene Tower B

Sold prices and rental history: sold 4 times, last in July 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 17 April 2024
Last soldAED 1.8M12 July 2016
Current rentAED 110K /yr17 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Silverene Tower B

What is 1301 worth today?

Last sold for AED 1,800,000 in 2016

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17 Apr 2024RentedRenewal
AED 110,250/yr12 months · AED 103 per sqft
17 Apr 2024RentedRenewal
AED 110,250/yr12 months · AED 103 per sqft
3 Nov 2023RentedRenewal
AED 109,403/yr5 months · AED 103 per sqft
4 Nov 2022RentedRenewal
AED 105,000/yr12 months · AED 99 per sqft
5 Nov 2021RentedRenewal
AED 100,270/yr12 months · AED 94 per sqft
5 Nov 2020RentedRenewal
AED 95,000/yr12 months · AED 89 per sqft
5 Nov 2019RentedNew contract
AED 100,000/yr12 months · AED 94 per sqft
24 Oct 2018RentedNew contract
AED 120,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 17 April 2024.

Key facts

Type
2-bed apartment
Size
1,067 sqft
Floor
13th of 25
Parking
P1-20
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 23,800 /yr
Last sold
AED 1.8M · July 2016

About 1301, Silverene Tower B

1301 is a two-bedroom apartment of 1,067 sqft on the 13th 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 12 July 2016 for AED 1,800,000, or AED 1,687 per sqft, 5% below the AED 1,768 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 17 April 2024, is AED 110,250 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 23,800 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical two-bed in Silverene Tower B
1M2M2009201420192024Typical sale price by year: 2009 AED 1,430,000; 2011 AED 660,000; 2012 AED 1,400,000; 2013 AED 1,480,000; 2014 AED 2,223,000; 2015 AED 2,000,000; 2016 AED 2,368,500; 2018 AED 2,000,000; 2021 AED 1,300,000; 2022 AED 1,859,000; 2023 AED 2,037,500; 2024 AED 2,325,000; 2025 AED 2,360,000Sold by developer, April 2009: AED 1,305,000 (AED 1,223 per sqft)Sold, June 2012: AED 1,300,000 (AED 1,218 per sqft)Sold, June 2013: AED 1,305,000 (AED 1,223 per sqft)Sold, July 2016: AED 1,800,000 (AED 1,687 per sqft)

1301 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1301, each contractTypical two-bed in Silverene Tower B
100K125K150K2013201720212025Typical rent by year: 2013 AED 125,000; 2014 AED 133,500; 2015 AED 142,500; 2016 AED 140,000; 2017 AED 132,000; 2018 AED 130,000; 2019 AED 110,000; 2020 AED 99,000; 2021 AED 95,000; 2022 AED 100,500; 2023 AED 130,000; 2024 AED 147,500; 2025 AED 150,000; 2026 AED 135,000New contract, September 2013: AED 120,000 a yearNew contract, September 2016: AED 139,000 a yearRenewal, September 2017: AED 139,000 a yearNew contract, October 2018: AED 120,000 a yearNew contract, November 2019: AED 100,000 a yearRenewal, November 2020: AED 95,000 a yearRenewal, November 2021: AED 100,270 a yearRenewal, November 2022: AED 105,000 a yearRenewal, November 2023: AED 109,403 a yearRenewal, April 2024: AED 110,250 a yearRenewal, April 2024: AED 110,250 a year

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 1301 sits

All 45 2-beds →

1301 last sold in July 2016 at AED 1,687 per sqft, 5% below what two-beds in Silverene Tower B were fetching at the time (AED 1,768). 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. 1301's AED 110,250 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Jul 20264,200,000
24 Mar 20262,350,000
13 Jun 20252,350,000
18 Mar 20252,500,000
2 2-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 13th floor

All 316 units in Silverene Tower B
Value
13021-bedAED 999K · Dec 2012
13031-bedAED 774K · Dec 2012
13041-bedAED 774K · Dec 2012
13051-bedAED 999K · Dec 2012
1306StudioAED 576K · Dec 2012
1307StudioAED 1.24M · Apr 2025
1308StudioAED 1.3M · Dec 2023
1–7 of 13

1301, Silverene Tower B in numbers

  • Sold 4 times: first on 28 April 2009 for AED 1,305,000, last on 12 July 2016 for AED 1,800,000 (AED 1,687 per sqft).
  • Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 95,000 in 2020 and recovered to AED 110,250 by April 2024.
  • At AED 110,250 a year the gross yield on the 2016 price is 6.1%, 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 17 April 2024.

Questions about 1301, Silverene Tower B

What did unit 1301 last sell for?

AED 1,800,000 on 12 July 2016: AED 1,687 per sqft for 1,067 sqft. The unit has 4 registered sales; the first was AED 1,305,000 in April 2009.

What is the rent for unit 1301?

AED 110,250 a year on the contract renewed on 17 April 2024. The previous contract, from April 2024, was AED 110,250; the unit has been rented since September 2013.

How big is unit 1301?

1,067 sqft (99.1 sqm): a two-bedroom apartment on the 13th floor of a 25-storey tower completed in 2011.

What is unit 1301 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 1301, Silverene Tower B

Starts from the last sale price (AED 1.8M, 12 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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