1-bed · 832 sqftSilverene Tower B, Dubai Marina · 16th floor · completed 2011

1602, Silverene Tower B

Sold prices and rental history: sold 3 times, last in February 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 7 February 2013
Last soldAED 1.13M7 February 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Silverene Tower B

What is 1602 worth today?

Last sold for AED 1,130,000 in 2013

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7 Feb 2013SoldReady
AED 1,130,000AED 1,358 per sqft
14 Mar 2012SoldOff-plan
AED 1,200,000AED 1,442 per sqft
28 Apr 2009Sold by developerOff-plan
AED 1,130,000AED 1,358 per sqft

Source: Dubai Land Department. Updated 7 February 2013.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
16th of 25
Parking
B3-181
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 18,600 /yr
Last sold
AED 1.13M · February 2013

About 1602, Silverene Tower B

1602 is a one-bedroom apartment of 832 sqft on the 16th 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 7 February 2013 for AED 1,130,000, or AED 1,358 per sqft, 10% above the AED 1,230 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical one-bed in Silverene Tower B
1M1.5M2M20072012201720222027Typical sale price by year: 2007 AED 873,000; 2008 AED 750,000; 2009 AED 801,000; 2010 AED 841,000; 2011 AED 810,500; 2012 AED 846,000; 2013 AED 873,000; 2014 AED 1,450,000; 2015 AED 1,402,500; 2016 AED 1,600,000; 2017 AED 1,410,000; 2018 AED 1,435,000; 2019 AED 950,000; 2020 AED 925,000; 2021 AED 1,275,000; 2022 AED 1,350,000; 2023 AED 1,500,000; 2024 AED 1,635,000; 2025 AED 1,840,000; 2026 AED 1,600,000Sold by developer, April 2009: AED 1,130,000 (AED 1,358 per sqft)Sold, March 2012: AED 1,200,000 (AED 1,442 per sqft)Sold, February 2013: AED 1,130,000 (AED 1,358 per sqft)

1602 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in Silverene Tower B
80K100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 85,000; 2014 AED 97,375; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 86,250; 2020 AED 80,000; 2021 AED 74,000; 2022 AED 82,000; 2023 AED 99,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000

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 1602 sits

All 176 1-beds →

1602 last sold in February 2013 at AED 1,358 per sqft, 10% above what one-beds in Silverene Tower B were fetching at the time (AED 1,230). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,750,000
6 Oct 20261,600,000
5 Oct 20261,600,000
25 Sep 20261,775,000
13 1-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 16th floor

All 316 units in Silverene Tower B
Value
16012-bedAED 1.8M · Sep 2022
16031-bedAED 1.44M · Jan 2023
16041-bedAED 783K · Dec 2012
16051-bedAED 1.4M · Apr 2021
1606StudioAED 576K · Dec 2012
1607StudioAED 585K · Dec 2012
1608StudioAED 1.05M · Feb 2023
1–7 of 13

1602, Silverene Tower B in numbers

  • Sold 3 times: first on 28 April 2009 for AED 1,130,000, last on 7 February 2013 for AED 1,130,000 (AED 1,358 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 7 February 2013.

Questions about 1602, Silverene Tower B

What did unit 1602 last sell for?

AED 1,130,000 on 7 February 2013: AED 1,358 per sqft for 832 sqft. The unit has 3 registered sales; the first was AED 1,130,000 in April 2009.

How big is unit 1602?

832 sqft (77.3 sqm): a one-bedroom apartment on the 16th floor of a 25-storey tower completed in 2011.

What is unit 1602 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 1602, Silverene Tower B

Starts from the last sale price (AED 1.13M, 7 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,000
Deposit, UAE resident (20%)
AED 226,000
Deposit, non-resident (40%)
AED 452,000
Monthly over 25 years at 3.7%
AED 4,623

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