Studio · 542 sqftSilverene Tower B, Dubai Marina · 16th floor · completed 2011

1609, Silverene Tower B

Sold prices and rental history: sold 5 times, last in February 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 11 February 2025
Last soldAED 1.29M11 February 2025
Current rentAED 83K /yr24 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Silverene Tower B

What is 1609 worth today?

Last sold for AED 1,290,000 in 2025

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11 Feb 2025SoldReady
AED 1,290,000AED 2,380 per sqft
24 Dec 2023RentedRenewal
AED 83,000/yr12 months · AED 154 per sqft
24 Dec 2022RentedRenewal
AED 60,000/yr12 months · AED 111 per sqft
24 Dec 2021RentedNew contract
AED 60,000/yr12 months · AED 111 per sqft
18 Feb 2021SoldReady
AED 800,000AED 1,476 per sqft
24 Dec 2020RentedRenewal
AED 50,000/yr12 months · AED 93 per sqft
24 Dec 2019RentedNew contract
AED 67,000/yr12 months · AED 124 per sqft
13 Nov 2013RentedNew contract
AED 70,000/yr12 months · AED 130 per sqft

Source: Dubai Land Department. Updated 11 February 2025.

Key facts

Type
Studio apartment
Size
542 sqft
Floor
16th of 25
Parking
B3-62
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 12,100 /yr
Last sold
AED 1.29M · February 2025

About 1609, Silverene Tower B

1609 is a studio of 542 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 11 February 2025 for AED 1,290,000, or AED 2,380 per sqft, in line with the AED 2,347 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 24 December 2023, is AED 83,000 a year: a gross yield of 6.4% on the 2025 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, 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 650,000 (AED 1,199 per sqft)Sold, March 2013: AED 650,000 (AED 1,199 per sqft)Sold, November 2013: AED 950,000 (AED 1,753 per sqft)Sold, February 2021: AED 800,000 (AED 1,476 per sqft)Sold, February 2025: AED 1,290,000 (AED 2,380 per sqft)

1609 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1609, 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, November 2013: AED 70,000 a yearNew contract, December 2019: AED 67,000 a yearRenewal, December 2020: AED 50,000 a yearNew contract, December 2021: AED 60,000 a yearRenewal, December 2022: AED 60,000 a yearRenewal, December 2023: AED 83,000 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 1609 sits

All 92 studios →

1609 last sold in February 2025 at AED 2,380 per sqft, in line with what studios in Silverene Tower B were fetching at the time (AED 2,347). 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. 1609's AED 83,000 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
1607StudioAED 585K · Dec 2012
1–7 of 13

1609, Silverene Tower B in numbers

  • Sold 5 times: first on 28 April 2009 for AED 650,000, last on 11 February 2025 for AED 1,290,000 (AED 2,380 per sqft).
  • Rented since November 2013 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2020 and recovered to AED 83,000 by December 2023.
  • At AED 83,000 a year the gross yield on the 2025 price is 6.4%, before a service charge of about AED 12,100 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 11 February 2025.

Questions about 1609, Silverene Tower B

What did unit 1609 last sell for?

AED 1,290,000 on 11 February 2025: AED 2,380 per sqft for 542 sqft. The unit has 5 registered sales; the first was AED 650,000 in April 2009.

What is the rent for unit 1609?

AED 83,000 a year on the contract renewed on 24 December 2023. The previous contract, from December 2022, was AED 60,000; the unit has been rented since November 2013.

How big is unit 1609?

542 sqft (50.4 sqm): a studio on the 16th floor of a 25-storey tower completed in 2011.

What is unit 1609 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 1609, Silverene Tower B

Starts from the last sale price (AED 1.29M, 11 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,000
Deposit, UAE resident (20%)
AED 258,000
Deposit, non-resident (40%)
AED 516,000
Monthly over 25 years at 3.7%
AED 5,278

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