Studio · 268 sqftSilverene Tower B, Dubai Marina · 14th floor · completed 2011

1406, Silverene Tower B

Sold prices and rental history: sold 3 times, last in July 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 28 February 2023
Last soldAED 600K17 July 2014
Current rentAED 60K /yr28 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Silverene Tower B

What is 1406 worth today?

Last sold for AED 600,000 in 2014

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28 Feb 2023RentedRenewal
AED 60,377/yr6 months · AED 114 per sqft
28 Feb 2022RentedNew contract
AED 62,000/yr12 months · AED 115 per sqft
30 Jan 2021RentedRenewal
AED 55,000/yr12 months · AED 104 per sqft
30 Jan 2020RentedNew contract
AED 65,000/yr12 months · AED 121 per sqft
30 Jan 2019RentedNew contract
AED 68,000/yr12 months · AED 126 per sqft
24 Jan 2018RentedNew contract
AED 83,000/yr12 months · AED 154 per sqft
1 Apr 2016RentedNew contract
AED 90,000/yr12 months · AED 167 per sqft
17 Jul 2014SoldReady
AED 600,000AED 2,239 per sqft

Source: Dubai Land Department. Updated 28 February 2023.

Key facts

Type
Studio apartment
Size
268 sqft
Floor
14th of 25
Parking
B1-45
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 6,000 /yr
Last sold
AED 600K · July 2014

About 1406, Silverene Tower B

1406 is a studio of 268 sqft on the 14th 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 17 July 2014 for AED 600,000, or AED 2,239 per sqft, 10% above the AED 2,030 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 28 February 2023, is AED 60,377 a year: a gross yield of 10.1% on the 2014 price, before the service charge of about AED 6,000 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical studio in Silverene Tower B
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 567,000; 2011 AED 594,000; 2012 AED 576,000; 2013 AED 580,200; 2014 AED 1,117,500; 2015 AED 1,200,000; 2016 AED 1,225,000; 2017 AED 1,225,000; 2019 AED 790,000; 2021 AED 800,000; 2022 AED 977,000; 2023 AED 1,160,000; 2024 AED 1,215,000; 2025 AED 1,342,500; 2026 AED 1,370,000Sold by developer, April 2009: AED 576,000 (AED 1,074 per sqft)Sold, February 2013: AED 576,000 (AED 1,074 per sqft)Sold, July 2014: AED 600,000 (AED 2,239 per sqft)

1406 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, each contractTypical studio in Silverene Tower B
60K80K2012201620202024Typical rent by year: 2012 AED 50,000; 2013 AED 65,000; 2014 AED 65,000; 2015 AED 80,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 60,000; 2023 AED 70,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 78,875New contract, February 2014: AED 60,000 a yearNew contract, April 2016: AED 90,000 a yearNew contract, January 2018: AED 83,000 a yearNew contract, January 2019: AED 68,000 a yearNew contract, January 2020: AED 65,000 a yearRenewal, January 2021: AED 55,000 a yearNew contract, February 2022: AED 62,000 a yearRenewal, February 2023: AED 60,377 a year

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 1406 sits

All 92 studios →

1406 last sold in July 2014 at AED 2,239 per sqft, 10% above what studios in Silverene Tower B were fetching at the time (AED 2,030). 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. 1406's AED 60,377 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Aug 20261,230,000
17 Aug 20261,550,000
12 Aug 20261,245,000
18 May 20261,400,000
8 studio 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 14th floor

All 316 units in Silverene Tower B
Value
14012-bedAED 2M · Aug 2023
14021-bedAED 2.2M · Oct 2024
14031-bedAED 940K · Dec 2012
14041-bedAED 940K · Dec 2012
14051-bedAED 1.01M · Dec 2012
1407StudioAED 1.4M · Nov 2025
1408StudioAED 1.3M · Jun 2025
1–7 of 13

1406, Silverene Tower B in numbers

  • Sold 3 times: first on 28 April 2009 for AED 576,000, last on 17 July 2014 for AED 600,000 (AED 2,239 per sqft).
  • Rented since February 2014 on 8 Ejari contracts, from AED 60,000 to AED 60,377 a year.
  • At AED 60,377 a year the gross yield on the 2014 price is 10.1%, before a service charge of about AED 6,000 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 28 February 2023.

Questions about 1406, Silverene Tower B

What did unit 1406 last sell for?

AED 600,000 on 17 July 2014: AED 2,239 per sqft for 268 sqft. The unit has 3 registered sales; the first was AED 576,000 in April 2009.

What is the rent for unit 1406?

AED 60,377 a year on the contract renewed on 28 February 2023. The previous contract, from February 2022, was AED 62,000; the unit has been rented since February 2014.

How big is unit 1406?

268 sqft (24.9 sqm): a studio on the 14th floor of a 25-storey tower completed in 2011.

What is unit 1406 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 1406, Silverene Tower B

Starts from the last sale price (AED 600K, 17 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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