Studio · 518 sqftSilverene Tower B, Dubai Marina · 20th floor · completed 2011

2007, Silverene Tower B

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2007 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 1.22M5 October 2023
Current rentAED 82K /yr31 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2007, Silverene Tower B

What is 2007 worth today?

Last sold for AED 1,220,000 in 2023

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31 Jan 2024RentedNew contract
AED 82,000/yr12 months · AED 159 per sqft
16 Jan 2024RentedNew contract
AED 83,000/yr12 months · AED 160 per sqft
5 Oct 2023SoldReady
AED 1,220,000AED 2,353 per sqft
18 Nov 2022RentedRenewal
AED 47,408/yr12 months · AED 91 per sqft
18 Nov 2021RentedRenewal
AED 45,150/yr12 months · AED 87 per sqft
18 Nov 2020RentedNew contract
AED 43,000/yr12 months · AED 83 per sqft
10 Sep 2019RentedNew contract
AED 60,000/yr12 months · AED 116 per sqft
1 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 135 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
Studio apartment
Size
518 sqft
Floor
20th of 25
Parking
B1-20
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 1.22M · October 2023

About 2007, Silverene Tower B

2007 is a studio of 518 sqft on the 20th 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 5 October 2023 for AED 1,220,000, or AED 2,353 per sqft, 10% above the AED 2,131 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 31 January 2024, is AED 82,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for 2007 over time

Sales
Unit 2007, 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 660,000 (AED 1,273 per sqft)Sold, December 2012: AED 660,000 (AED 1,273 per sqft)Sold, October 2023: AED 1,220,000 (AED 2,353 per sqft)

2007 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2007, 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, September 2018: AED 70,000 a yearNew contract, September 2019: AED 60,000 a yearNew contract, November 2020: AED 43,000 a yearRenewal, November 2021: AED 45,150 a yearRenewal, November 2022: AED 47,408 a yearNew contract, January 2024: AED 82,000 a yearNew contract, January 2024: 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 2007 sits

All 92 studios →

2007 last sold in October 2023 at AED 2,353 per sqft, 10% above what studios in Silverene Tower B were fetching at the time (AED 2,131). 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. 2007's AED 82,000 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 20th floor

All 316 units in Silverene Tower B
Value
20012-bedAED 1.49M · Dec 2012
20021-bedAED 2.28M · Dec 2025
20031-bedAED 1.01M · Sep 2013
20041-bedAED 1.01M · Oct 2012
20051-bedAED 1.15M · Dec 2012
2006StudioAED 1.2M · Apr 2015
2008StudioAED 1.2M · Mar 2015
1–7 of 13

2007, Silverene Tower B in numbers

  • Sold 3 times: first on 28 April 2009 for AED 660,000, last on 5 October 2023 for AED 1,220,000 (AED 2,353 per sqft).
  • Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 43,000 in 2020 and recovered to AED 82,000 by January 2024.
  • At AED 82,000 a year the gross yield on the 2023 price is 6.7%, 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 31 January 2024.

Questions about 2007, Silverene Tower B

What did unit 2007 last sell for?

AED 1,220,000 on 5 October 2023: AED 2,353 per sqft for 518 sqft. The unit has 3 registered sales; the first was AED 660,000 in April 2009.

What is the rent for unit 2007?

AED 82,000 a year on the contract signed on 31 January 2024. The previous contract, from January 2024, was AED 83,000; the unit has been rented since September 2018.

How big is unit 2007?

518 sqft (48.1 sqm): a studio on the 20th floor of a 25-storey tower completed in 2011.

What is unit 2007 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 2007, Silverene Tower B

Starts from the last sale price (AED 1.22M, 5 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

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