Studio · 522 sqftSilverene Tower B, Dubai Marina · 22nd floor · completed 2011

2208, Silverene Tower B

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

Unit 2208 · DLD and Ejari recordsUpdated 1 March 2019
Last soldAED 792K11 March 2013
Current rentAED 63K /yr1 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2208, Silverene Tower B

What is 2208 worth today?

Last sold for AED 792,000 in 2013

Unlock today's estimate, updated daily, with

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

1 Mar 2019RentedRenewal
AED 63,182/yr12 months · AED 121 per sqft
1 Mar 2018RentedRenewal
AED 63,000/yr12 months · AED 121 per sqft
1 Mar 2017RentedRenewal
AED 63,000/yr12 months · AED 121 per sqft
29 Feb 2016RentedRenewal
AED 63,000/yr12 months · AED 121 per sqft
1 Mar 2015RentedRenewal
AED 63,000/yr12 months · AED 121 per sqft
1 Mar 2014RentedNew contract
AED 60,000/yr12 months · AED 115 per sqft
11 Mar 2013SoldReady
AED 792,000AED 1,517 per sqft
1 Mar 2013RentedNew contract
AED 60,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 1 March 2019.

Key facts

Type
Studio apartment
Size
522 sqft
Floor
22nd of 25
Parking
B3-194
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 792K · March 2013

About 2208, Silverene Tower B

2208 is a studio of 522 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 11 March 2013 for AED 792,000, or AED 1,517 per sqft, 38% above the AED 1,103 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 March 2019, is AED 63,182 a year: a gross yield of 8.0% on the 2013 price, before the service charge of about AED 11,600 a year.

Sales and rents for 2208 over time

Sales
Unit 2208, 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 792,000 (AED 1,517 per sqft)Sold, March 2013: AED 792,000 (AED 1,517 per sqft)

2208 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2208, each contractTypical studio in Silverene Tower B
60K80K2012201620202024Typical 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 2013: AED 60,000 a yearNew contract, March 2014: AED 60,000 a yearRenewal, March 2015: AED 63,000 a yearRenewal, February 2016: AED 63,000 a yearRenewal, March 2017: AED 63,000 a yearRenewal, March 2018: AED 63,000 a yearRenewal, March 2019: AED 63,182 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 2208 sits

All 92 studios →

2208 last sold in March 2013 at AED 1,517 per sqft, 38% above what studios in Silverene Tower B were fetching at the time (AED 1,103). 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. 2208's AED 63,182 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 22nd floor

All 316 units in Silverene Tower B
Value
22012-bedAED 1.8M · Nov 2015
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
1–7 of 13

2208, Silverene Tower B in numbers

  • Sold twice: first on 28 April 2009 for AED 792,000, last on 11 March 2013 for AED 792,000 (AED 1,517 per sqft).
  • Rented since March 2013 on 7 Ejari contracts, from AED 60,000 to AED 63,182 a year.
  • At AED 63,182 a year the gross yield on the 2013 price is 8.0%, 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 1 March 2019.

Questions about 2208, Silverene Tower B

What did unit 2208 last sell for?

AED 792,000 on 11 March 2013: AED 1,517 per sqft for 522 sqft. The unit has 2 registered sales; the first was AED 792,000 in April 2009.

What is the rent for unit 2208?

AED 63,182 a year on the contract renewed on 1 March 2019. The previous contract, from March 2018, was AED 63,000; the unit has been rented since March 2013.

How big is unit 2208?

522 sqft (48.5 sqm): a studio on the 22nd floor of a 25-storey tower completed in 2011.

What is unit 2208 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 2208? 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 2208, Silverene Tower B

Starts from the last sale price (AED 792K, 11 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 792,000
Deposit, UAE resident (20%)
AED 158,400
Deposit, non-resident (40%)
AED 316,800
Monthly over 25 years at 3.7%
AED 3,240

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