1-bed · 832 sqftSilverene Tower B, Dubai Marina · 17th floor · completed 2011

1705, Silverene Tower B

Sold prices and rental history: sold 4 times, last in February 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 1.77M9 February 2014
Current rentAED 136K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Silverene Tower B

What is 1705 worth today?

Last sold for AED 1,770,000 in 2014

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10 May 2024RentedRenewal
AED 136,000/yr12 months · AED 164 per sqft
10 May 2024RentedRenewal
AED 136,000/yr12 months · AED 164 per sqft
10 May 2023RentedNew contract
AED 136,000/yr12 months · AED 164 per sqft
20 Jun 2018RentedNew contract
AED 140,000/yr12 months · AED 169 per sqft
15 Aug 2015RentedNew contract
AED 135,000/yr12 months · AED 163 per sqft
9 Feb 2014SoldReady
AED 1,770,000AED 2,127 per sqft
3 Oct 2013SoldReady
AED 1,300,000AED 1,562 per sqft
1 Aug 2013RentedNew contract
AED 115,000/yr12 months · AED 139 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
17th of 25
Parking
B2-170
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 18,600 /yr
Last sold
AED 1.77M · February 2014

About 1705, Silverene Tower B

1705 is a one-bedroom apartment of 832 sqft on the 17th 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 9 February 2014 for AED 1,770,000, or AED 2,127 per sqft, 67% above the AED 1,270 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 136,000 a year: a gross yield of 7.7% on the 2014 price, before the service charge of about AED 18,600 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, October 2012: AED 1,130,000 (AED 1,358 per sqft)Sold, October 2013: AED 1,300,000 (AED 1,562 per sqft)Sold, February 2014: AED 1,770,000 (AED 2,127 per sqft)

1705 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1705, each contractTypical one-bed in Silverene Tower B
100K150K2012201620202024Typical 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 105,000New contract, August 2013: AED 115,000 a yearNew contract, August 2015: AED 135,000 a yearNew contract, June 2018: AED 140,000 a yearNew contract, May 2023: AED 136,000 a yearRenewal, May 2024: AED 136,000 a yearRenewal, May 2024: AED 136,000 a year

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 1705 sits

All 176 1-beds →

1705 last sold in February 2014 at AED 2,127 per sqft, 67% above what one-beds in Silverene Tower B were fetching at the time (AED 1,270). 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. 1705's AED 136,000 is in the upper half of that range.

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 17th floor

All 316 units in Silverene Tower B
Value
17012-bedAED 2.55M · Feb 2024
17021-bedAED 1.13M · Dec 2012
17031-bedAED 940K · Dec 2012
17041-bedAED 1.58M · Nov 2024
1706StudioAED 650K · Dec 2012
1707StudioAED 1.25M · May 2025
1708StudioAED 1.34M · Nov 2024
1–7 of 13

1705, Silverene Tower B in numbers

  • Sold 4 times: first on 28 April 2009 for AED 1,130,000, last on 9 February 2014 for AED 1,770,000 (AED 2,127 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 115,000 to AED 136,000 a year.
  • At AED 136,000 a year the gross yield on the 2014 price is 7.7%, before a service charge of about AED 18,600 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 10 May 2024.

Questions about 1705, Silverene Tower B

What did unit 1705 last sell for?

AED 1,770,000 on 9 February 2014: AED 2,127 per sqft for 832 sqft. The unit has 4 registered sales; the first was AED 1,130,000 in April 2009.

What is the rent for unit 1705?

AED 136,000 a year on the contract renewed on 10 May 2024. The previous contract, from May 2024, was AED 136,000; the unit has been rented since August 2013.

How big is unit 1705?

832 sqft (77.3 sqm): a one-bedroom apartment on the 17th floor of a 25-storey tower completed in 2011.

What is unit 1705 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 1705, Silverene Tower B

Starts from the last sale price (AED 1.77M, 9 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,770,000
Deposit, UAE resident (20%)
AED 354,000
Deposit, non-resident (40%)
AED 708,000
Monthly over 25 years at 3.7%
AED 7,242

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