Studio · 522 sqftSilverene Tower B, Dubai Marina · 17th floor · completed 2011

1708, Silverene Tower B

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 29 November 2024
Last soldAED 1.34M29 November 2024
Current rentAED 52K /yr21 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Silverene Tower B

What is 1708 worth today?

Last sold for AED 1,335,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 Nov 2024SoldReady
AED 1,335,000AED 2,557 per sqft
21 Feb 2022RentedNew contract
AED 52,000/yr12 months · AED 101 per sqft
11 Oct 2019RentedRenewal
AED 61,000/yr12 months · AED 118 per sqft
11 Oct 2018RentedNew contract
AED 75,000/yr12 months · AED 145 per sqft
15 Mar 2015RentedNew contract
AED 105,000/yr12 months · AED 203 per sqft
17 Dec 2012SoldReady
AED 650,000AED 1,245 per sqft
3 May 2012SoldOff-plan
AED 610,000AED 1,168 per sqft
28 Apr 2009Sold by developerOff-plan
AED 650,000AED 1,245 per sqft

Source: Dubai Land Department. Updated 29 November 2024.

Key facts

Type
Studio apartment
Size
522 sqft
Floor
17th of 25
Parking
B3-163
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 1.34M · November 2024

About 1708, Silverene Tower B

1708 is a studio of 522 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 29 November 2024 for AED 1,335,000, or AED 2,557 per sqft, 11% above the AED 2,314 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 21 February 2022, is AED 52,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, 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 1,245 per sqft)Sold, May 2012: AED 610,000 (AED 1,168 per sqft)Sold, December 2012: AED 650,000 (AED 1,245 per sqft)Sold, November 2024: AED 1,335,000 (AED 2,557 per sqft)

1708 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1708, each contractTypical studio in Silverene Tower B
50K75K100K2012201620202024Typical 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, March 2015: AED 105,000 a yearNew contract, October 2018: AED 75,000 a yearRenewal, October 2019: AED 61,000 a yearNew contract, February 2022: AED 52,000 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 1708 sits

All 92 studios →

1708 last sold in November 2024 at AED 2,557 per sqft, 11% above what studios in Silverene Tower B were fetching at the time (AED 2,314). 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. 1708's AED 52,000 is in the lower 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 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
17051-bedAED 1.77M · Feb 2014
1706StudioAED 650K · Dec 2012
1707StudioAED 1.25M · May 2025
1–7 of 13

1708, Silverene Tower B in numbers

  • Sold 4 times: first on 28 April 2009 for AED 650,000, last on 29 November 2024 for AED 1,335,000 (AED 2,557 per sqft).
  • Rented since March 2015 on 4 Ejari contracts, from AED 105,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2024 price is 3.9%, 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 29 November 2024.

Questions about 1708, Silverene Tower B

What did unit 1708 last sell for?

AED 1,335,000 on 29 November 2024: AED 2,557 per sqft for 522 sqft. The unit has 4 registered sales; the first was AED 650,000 in April 2009.

What is the rent for unit 1708?

AED 52,000 a year on the contract signed on 21 February 2022. The previous contract, from October 2019, was AED 61,000; the unit has been rented since March 2015.

How big is unit 1708?

522 sqft (48.5 sqm): a studio on the 17th floor of a 25-storey tower completed in 2011.

What is unit 1708 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.

Selling 1708? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1708, Silverene Tower B

Starts from the last sale price (AED 1.34M, 29 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,335,000
Deposit, UAE resident (20%)
AED 267,000
Deposit, non-resident (40%)
AED 534,000
Monthly over 25 years at 3.7%
AED 5,462

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