2-bed · 1,067 sqftSilverene Tower B, Dubai Marina · 22nd floor · completed 2011

2201, Silverene Tower B

Sold prices and rental history: sold 4 times, last in November 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 7 February 2018
Last soldAED 1.8M24 November 2015
Current rentAED 192K /yr7 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, Silverene Tower B

What is 2201 worth today?

Last sold for AED 1,800,000 in 2015

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7 Feb 2018RentedNew contract
AED 192,000/yr4 months · AED 180 per sqft
1 Sep 2016RentedNew contract
AED 216,000/yr6 months · AED 202 per sqft
27 Dec 2015RentedNew contract
AED 135,000/yr12 months · AED 127 per sqft
24 Nov 2015SoldReady
AED 1,800,000AED 1,687 per sqft
27 Dec 2014RentedNew contract
AED 135,000/yr12 months · AED 127 per sqft
3 Sep 2014SoldReady
AED 660,000AED 618 per sqft
27 Dec 2012RentedNew contract
AED 102,000/yr12 months · AED 96 per sqft
28 Nov 2011SoldOff-plan
AED 660,000AED 618 per sqft

Source: Dubai Land Department. Updated 7 February 2018.

Key facts

Type
2-bed apartment
Size
1,067 sqft
Floor
22nd of 25
Parking
B2-9
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 23,800 /yr
Last sold
AED 1.8M · November 2015

About 2201, Silverene Tower B

2201 is a two-bedroom apartment of 1,067 sqft on the 22nd 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 24 November 2015 for AED 1,800,000, or AED 1,687 per sqft, 10% below the AED 1,874 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 7 February 2018, is AED 192,000 a year: a gross yield of 10.7% on the 2015 price, before the service charge of about AED 23,800 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, each saleTypical two-bed in Silverene Tower B
1M2M2009201420192024Typical sale price by year: 2009 AED 1,430,000; 2011 AED 660,000; 2012 AED 1,400,000; 2013 AED 1,480,000; 2014 AED 2,223,000; 2015 AED 2,000,000; 2016 AED 2,368,500; 2018 AED 2,000,000; 2021 AED 1,300,000; 2022 AED 1,859,000; 2023 AED 2,037,500; 2024 AED 2,325,000; 2025 AED 2,360,000Sold by developer, April 2009: AED 1,650,000 (AED 1,546 per sqft)Sold, November 2011: AED 660,000 (AED 618 per sqft)Sold, September 2014: AED 660,000 (AED 618 per sqft)Sold, November 2015: AED 1,800,000 (AED 1,687 per sqft)

2201 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2201, each contractTypical two-bed in Silverene Tower B
100K200K2012201620202024Typical rent by year: 2013 AED 125,000; 2014 AED 133,500; 2015 AED 142,500; 2016 AED 140,000; 2017 AED 132,000; 2018 AED 130,000; 2019 AED 110,000; 2020 AED 99,000; 2021 AED 95,000; 2022 AED 100,500; 2023 AED 130,000; 2024 AED 147,500; 2025 AED 150,000; 2026 AED 135,000New contract, December 2012: AED 102,000 a yearNew contract, December 2014: AED 135,000 a yearNew contract, December 2015: AED 135,000 a yearNew contract, September 2016: AED 216,000 a yearNew contract, February 2018: AED 192,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Silverene Tower B, and where 2201 sits

All 45 2-beds →

2201 last sold in November 2015 at AED 1,687 per sqft, 10% below what two-beds in Silverene Tower B were fetching at the time (AED 1,874). Over the last 12 months two-beds sold for AED 2,350,000 to 4,200,000, around AED 2,783 per sqft, and rent for AED 70,000 to 185,000 a year. 2201's AED 192,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Jul 20264,200,000
24 Mar 20262,350,000
13 Jun 20252,350,000
18 Mar 20252,500,000
2 2-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 22nd floor

All 316 units in Silverene Tower B
Value
22021-bedAED 576K · Jan 2019
22031-bedAED 1.14M · Apr 2013
22041-bedAED 1.14M · Feb 2013
22051-bedAED 1.02M · Jan 2019
2206StudioAED 1.2M · May 2014
2207StudioAED 925K · Apr 2022
2208StudioAED 792K · Mar 2013
1–7 of 13

2201, Silverene Tower B in numbers

  • Sold 4 times: first on 28 April 2009 for AED 1,650,000, last on 24 November 2015 for AED 1,800,000 (AED 1,687 per sqft).
  • Rented since December 2012 on 5 Ejari contracts, from AED 102,000 to AED 192,000 a year.
  • At AED 192,000 a year the gross yield on the 2015 price is 10.7%, before a service charge of about AED 23,800 a year (AED 22.32 per sqft).
  • Two-beds in Silverene Tower B sold for AED 2,350,000–4,200,000 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 7 February 2018.

Questions about 2201, Silverene Tower B

What did unit 2201 last sell for?

AED 1,800,000 on 24 November 2015: AED 1,687 per sqft for 1,067 sqft. The unit has 4 registered sales; the first was AED 1,650,000 in April 2009.

What is the rent for unit 2201?

AED 192,000 a year on the contract signed on 7 February 2018. The previous contract, from September 2016, was AED 216,000; the unit has been rented since December 2012.

How big is unit 2201?

1,067 sqft (99.1 sqm): a two-bedroom apartment on the 22nd floor of a 25-storey tower completed in 2011.

What is unit 2201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silverene Tower B sold for AED 2,350,000 to 4,200,000 in the last 12 months, around AED 2,783 per sqft.

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Mortgage on 2201, Silverene Tower B

Starts from the last sale price (AED 1.8M, 24 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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