Studio · 518 sqftSilverene Tower B, Dubai Marina · 16th floor · completed 2011

1607, Silverene Tower B

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 2 January 2026
Last soldAED 585K31 December 2012
Current rentAED 85K /yr2 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Silverene Tower B

What is 1607 worth today?

Last sold for AED 585,000 in 2012

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2 Jan 2026RentedRenewal
AED 85,000/yr12 months · AED 165 per sqft
2 Jan 2025RentedRenewal
AED 85,000/yr12 months · AED 165 per sqft
2 Jan 2024RentedNew contract
AED 85,000/yr12 months · AED 165 per sqft
17 Jan 2023RentedRenewal
AED 56,000/yr12 months · AED 108 per sqft
17 Jan 2022RentedNew contract
AED 56,000/yr12 months · AED 108 per sqft
1 Jan 2021RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
20 Sep 2019RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
31 Jul 2017RentedNew contract
AED 80,000/yr12 months · AED 155 per sqft

Source: Dubai Land Department. Updated 2 January 2026.

Key facts

Type
Studio apartment
Size
518 sqft
Floor
16th of 25
Parking
B2-42
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 585K · December 2012

About 1607, Silverene Tower B

1607 is a studio of 518 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 31 December 2012 for AED 585,000, or AED 1,128 per sqft, in line with the AED 1,103 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 2 January 2026, is AED 85,000 a year: a gross yield of 14.5% on the 2012 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, 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 585,000 (AED 1,128 per sqft)Sold, December 2012: AED 585,000 (AED 1,128 per sqft)

1607 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1607, each contractTypical studio in Silverene Tower B
40K60K80K2012201620202024Typical 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, July 2017: AED 80,000 a yearNew contract, September 2019: AED 65,000 a yearNew contract, January 2021: AED 45,000 a yearNew contract, January 2022: AED 56,000 a yearRenewal, January 2023: AED 56,000 a yearNew contract, January 2024: AED 85,000 a yearRenewal, January 2025: AED 85,000 a yearRenewal, January 2026: AED 85,000 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 1607 sits

All 92 studios →

1607 last sold in December 2012 at AED 1,128 per sqft, in line with what studios in Silverene Tower B were fetching at the time (AED 1,103). 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. 1607's AED 85,000 is in the upper 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 16th floor

All 316 units in Silverene Tower B
Value
16012-bedAED 1.8M · Sep 2022
16021-bedAED 1.13M · Feb 2013
16031-bedAED 1.44M · Jan 2023
16041-bedAED 783K · Dec 2012
16051-bedAED 1.4M · Apr 2021
1606StudioAED 576K · Dec 2012
1608StudioAED 1.05M · Feb 2023
1–7 of 13

1607, Silverene Tower B in numbers

  • Sold twice: first on 28 April 2009 for AED 585,000, last on 31 December 2012 for AED 585,000 (AED 1,128 per sqft).
  • Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 85,000 by January 2026.
  • At AED 85,000 a year the gross yield on the 2012 price is 14.5%, before a service charge of about AED 11,600 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 2 January 2026.

Questions about 1607, Silverene Tower B

What did unit 1607 last sell for?

AED 585,000 on 31 December 2012: AED 1,128 per sqft for 518 sqft. The unit has 2 registered sales; the first was AED 585,000 in April 2009.

What is the rent for unit 1607?

AED 85,000 a year on the contract renewed on 2 January 2026. The previous contract, from January 2025, was AED 85,000; the unit has been rented since July 2017.

How big is unit 1607?

518 sqft (48.1 sqm): a studio on the 16th floor of a 25-storey tower completed in 2011.

What is unit 1607 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 1607, Silverene Tower B

Starts from the last sale price (AED 585K, 31 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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