1603, Silverene Tower B
Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Silverene Tower B
What is 1603 worth today?
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Source: Dubai Land Department. Updated 27 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 595 sqft
- Floor
- 16th of 25
- Parking
- B1-53
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 13,300 /yr
- Last sold
- AED 1.44M · January 2023
- Building
- Silverene Tower B
About 1603, Silverene Tower B
1603 is a one-bedroom apartment of 595 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 24 January 2023 for AED 1,440,000, or AED 2,418 per sqft, 11% above the AED 2,176 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 27 August 2023, is AED 67,059 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 13,300 a year.
Sales and rents for 1603 over time
1603 has sold 3 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 1603 sits
All 176 1-beds →1603 last sold in January 2023 at AED 2,418 per sqft, 11% above what one-beds in Silverene Tower B were fetching at the time (AED 2,176). 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. 1603's AED 67,059 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 16th floor
All 316 units in Silverene Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,067 sqft | AED 1.8MAED 1,800,000 · Sep 2022September 2022 | 155,000 /yr | |
| 1602 | 1-bed | 832 sqft | AED 1.13MAED 1,130,000 · Feb 2013February 2013 | ||
| 1604 | 1-bed | 610 sqft | AED 783KAED 783,000 · Dec 2012December 2012 | 115,000 /yr | |
| 1605 | 1-bed | 832 sqft | AED 1.4MAED 1,400,000 · Apr 2021April 2021 | 125,000 /yr | |
| 1606 | Studio | 536 sqft | AED 576KAED 576,000 · Dec 2012December 2012 | 75,320 /yr | |
| 1607 | Studio | 518 sqft | AED 585KAED 585,000 · Dec 2012December 2012 | 85,000 /yr | |
| 1608 | Studio | 522 sqft | AED 1.05MAED 1,050,000 · Feb 2023February 2023 | 75,000 /yr | |
| 1609 | Studio | 542 sqft | AED 1.29MAED 1,290,000 · Feb 2025February 2025 | 83,000 /yr | |
| 1610 | 1-bed | 832 sqft | AED 1.6MAED 1,600,000 · Feb 2014February 2014 | 138,000 /yr | |
| 1611 | 1-bed | 609 sqft | AED 1.49MAED 1,485,000 · Sep 2025September 2025 | 80,662 /yr | |
| 1612 | 1-bed | 595 sqft | AED 1.3MAED 1,300,000 · Sep 2023September 2023 | 80,000 /yr | |
| 1613 | 1-bed | 832 sqft | AED 1.63MAED 1,630,000 · Apr 2014April 2014 | 100,000 /yr | |
| 1614 | 2-bed | 1,067 sqft | AED 1.41MAED 1,405,000 · May 2021May 2021 | 136,500 /yr |
1603, Silverene Tower B in numbers
- Sold 3 times: first on 28 April 2009 for AED 774,000, last on 24 January 2023 for AED 1,440,000 (AED 2,418 per sqft).
- Rented since February 2016 on 6 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2020 and recovered to AED 67,059 by August 2023.
- At AED 67,059 a year the gross yield on the 2023 price is 4.7%, 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 27 August 2023.
Questions about 1603, Silverene Tower B
What did unit 1603 last sell for?
AED 1,440,000 on 24 January 2023: AED 2,418 per sqft for 595 sqft. The unit has 3 registered sales; the first was AED 774,000 in April 2009.
What is the rent for unit 1603?
AED 67,059 a year on the contract signed on 27 August 2023. The previous contract, from August 2020, was AED 60,000; the unit has been rented since February 2016.
How big is unit 1603?
595 sqft (55.3 sqm): a one-bedroom apartment on the 16th floor of a 25-storey tower completed in 2011.
What is unit 1603 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 1603, Silverene Tower B
Starts from the last sale price (AED 1.44M, 24 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,440,000
- Deposit, UAE resident (20%)
- AED 288,000
- Deposit, non-resident (40%)
- AED 576,000
- Monthly over 25 years at 3.7%
- AED 5,891
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →