Studio · 326 sqftSilverene Tower B, Dubai Marina · 20th floor · completed 2011

2009, Silverene Tower B

Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2009 · DLD and Ejari recordsUpdated 19 November 2023
Last soldAED 639K16 May 2023
Current rentAED 50K /yr19 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2009, Silverene Tower B

What is 2009 worth today?

Last sold for AED 639,289 in 2023

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19 Nov 2023RentedRenewal
AED 49,612/yr8 months · AED 92 per sqft
16 May 2023SoldReady
AED 639,289AED 1,958 per sqft
19 Nov 2022RentedRenewal
AED 49,612/yr12 months · AED 92 per sqft
19 Nov 2021RentedRenewal
AED 47,250/yr12 months · AED 87 per sqft
19 Nov 2020RentedNew contract
AED 45,000/yr12 months · AED 83 per sqft
28 Feb 2019RentedRenewal
AED 65,000/yr12 months · AED 120 per sqft
28 Feb 2018RentedRenewal
AED 65,000/yr12 months · AED 120 per sqft
28 Feb 2017RentedRenewal
AED 65,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 19 November 2023.

Key facts

Type
Studio apartment
Size
326 sqft
Floor
20th of 25
Parking
B3-190
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 7,300 /yr
Last sold
AED 639K · May 2023

About 2009, Silverene Tower B

2009 is a studio of 326 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 16 May 2023 for AED 639,289, or AED 1,958 per sqft, 5% below the AED 2,059 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 19 November 2023, is AED 49,612 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 7,300 a year.

Sales and rents for 2009 over time

Sales
Unit 2009, each saleTypical studio in Silverene Tower B
500K1M1.5M20072012201720222027Typical 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, June 2007: AED 660,000 (AED 1,218 per sqft)Sold, March 2010: AED 750,000 (AED 1,384 per sqft)Sold, December 2012: AED 660,000 (AED 1,218 per sqft)Sold, May 2023: AED 639,289 (AED 1,958 per sqft)

2009 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2009, 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, February 2013: AED 65,000 a yearRenewal, February 2014: AED 65,000 a yearRenewal, February 2015: AED 65,000 a yearRenewal, February 2016: AED 65,000 a yearRenewal, February 2017: AED 65,000 a yearRenewal, February 2018: AED 65,000 a yearRenewal, February 2019: AED 65,000 a yearNew contract, November 2020: AED 45,000 a yearRenewal, November 2021: AED 47,250 a yearRenewal, November 2022: AED 49,612 a yearRenewal, November 2023: AED 49,612 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 2009 sits

All 92 studios →

2009 last sold in May 2023 at AED 1,958 per sqft, 5% below what studios in Silverene Tower B were fetching at the time (AED 2,059). 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. 2009's AED 49,612 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 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
2007StudioAED 1.22M · Oct 2023
1–7 of 13

2009, Silverene Tower B in numbers

  • Sold 4 times: first on 11 June 2007 for AED 660,000, last on 16 May 2023 for AED 639,289 (AED 1,958 per sqft).
  • Rented since February 2013 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2020 and recovered to AED 49,612 by November 2023.
  • At AED 49,612 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 7,300 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 19 November 2023.

Questions about 2009, Silverene Tower B

What did unit 2009 last sell for?

AED 639,289 on 16 May 2023: AED 1,958 per sqft for 326 sqft. The unit has 4 registered sales; the first was AED 660,000 in June 2007.

What is the rent for unit 2009?

AED 49,612 a year on the contract renewed on 19 November 2023. The previous contract, from November 2022, was AED 49,612; the unit has been rented since February 2013.

How big is unit 2009?

326 sqft (30.3 sqm): a studio on the 20th floor of a 25-storey tower completed in 2011.

What is unit 2009 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 2009, Silverene Tower B

Starts from the last sale price (AED 639K, 16 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 639,289
Deposit, UAE resident (20%)
AED 127,858
Deposit, non-resident (40%)
AED 255,716
Monthly over 25 years at 3.7%
AED 2,616

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