1503, Silverene Tower B
Sold prices and rental history: sold 5 times, last in April 2023, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Silverene Tower B
What is 1503 worth today?
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Source: Dubai Land Department. Updated 13 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 595 sqft
- Floor
- 15th of 25
- Parking
- B2-153
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 13,300 /yr
- Last sold
- AED 1.8M · April 2023
- Building
- Silverene Tower B
About 1503, Silverene Tower B
1503 is a one-bedroom apartment of 595 sqft on the 15th 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 13 April 2023 for AED 1,800,000, or AED 3,022 per sqft, 44% above the AED 2,103 one-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 15 October 2021, is AED 68,250 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 13,300 a year.
Sales and rents for 1503 over time
1503 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 1503 sits
All 176 1-beds →1503 last sold in April 2023 at AED 3,022 per sqft, 44% above what one-beds in Silverene Tower B were fetching at the time (AED 2,103). 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. 1503's AED 68,250 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 832 sqft | 1,750,000 | 2,102 | ||
| 6 Oct 20266 October 2026 | 601 sqft | 1,600,000 | 2,660 | ||
| 5 Oct 20265 October 2026 | 817 sqft | 1,600,000 | 1,958 | ||
| 25 Sep 202625 September 2026 | 818 sqft | 1,775,000 | 2,170 |
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 15th floor
All 316 units in Silverene Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,067 sqft | AED 1.35MAED 1,350,000 · Dec 2012December 2012 | 145,000 /yr | |
| 1502 | 1-bed | 832 sqft | AED 1.01MAED 1,008,000 · Jun 2013June 2013 | 120,000 /yr | |
| 1504 | 1-bed | 610 sqft | AED 1.4MAED 1,400,000 · Nov 2013November 2013 | 105,000 /yr | |
| 1505 | 1-bed | 832 sqft | AED 2MAED 2,000,000 · Feb 2025February 2025 | 125,000 /yr | |
| 1506 | Studio | 536 sqft | AED 1.25MAED 1,245,000 · Aug 2026August 2026 | 80,000 /yr | |
| 1507 | Studio | 518 sqft | AED 1.3MAED 1,300,000 · Jul 2024July 2024 | 64,894 /yr | |
| 1508 | Studio | 522 sqft | AED 1.28MAED 1,275,000 · Dec 2014December 2014 | 72,000 /yr | |
| 1509 | Studio | 542 sqft | AED 576KAED 576,000 · Dec 2012December 2012 | 85,000 /yr | |
| 1510 | 1-bed | 832 sqft | AED 871KAED 871,380 · Jan 2013January 2013 | 50,000 /yr | |
| 1511 | 1-bed | 609 sqft | AED 666KAED 666,000 · Jan 2013January 2013 | 84,012 /yr | |
| 1512 | 1-bed | 595 sqft | AED 58KAED 58,093 · Jul 2026July 2026 | 88,000 /yr | |
| 1513 | 1-bed | 832 sqft | AED 1.78MAED 1,780,000 · Jan 2025January 2025 | 100,000 /yr | |
| 1514 | 2-bed | 1,067 sqft | AED 2.4MAED 2,400,000 · Jun 2023June 2023 | 90,416 /yr |
1503, Silverene Tower B in numbers
- Sold 5 times: first on 28 April 2009 for AED 774,000, last on 13 April 2023 for AED 1,800,000 (AED 3,022 per sqft).
- Rented since January 2016 on 3 Ejari contracts, from AED 120,000 to AED 68,250 a year.
- At AED 68,250 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 13,300 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 13 April 2023.
Questions about 1503, Silverene Tower B
What did unit 1503 last sell for?
AED 1,800,000 on 13 April 2023: AED 3,022 per sqft for 595 sqft. The unit has 5 registered sales; the first was AED 774,000 in April 2009.
What is the rent for unit 1503?
AED 68,250 a year on the contract renewed on 15 October 2021. The previous contract, from October 2020, was AED 65,000; the unit has been rented since January 2016.
How big is unit 1503?
595 sqft (55.3 sqm): a one-bedroom apartment on the 15th floor of a 25-storey tower completed in 2011.
What is unit 1503 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 1503, Silverene Tower B
Starts from the last sale price (AED 1.8M, 13 April 2023). 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 →