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1-bed · 817 sqftSilverene Tower B, Dubai Marina · 23rd floor · completed 2011

2304, Silverene Tower B

Sold prices and rental history: sold twice, last in December 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 27 December 2012
Last soldAED 1.29M27 December 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2304, Silverene Tower B

What is 2304 worth today?

Last sold for AED 1,285,683 in 2012

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27 Dec 2012SoldReady
AED 1,285,683AED 1,573 per sqft
14 Aug 2012Sold by developerOff-plan
AED 1,285,683AED 1,573 per sqft

Source: Dubai Land Department. Updated 27 December 2012.

Key facts

Type
1-bed apartment
Size
817 sqft
Floor
23rd of 25
Parking
P1-52
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 18,200 /yr
Last sold
AED 1.29M · December 2012
Building
Silverene Tower B

About 2304, Silverene Tower B

2304 is a one-bedroom apartment of 817 sqft on the 23rd 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 27 December 2012 for AED 1,285,683, or AED 1,573 per sqft, 27% above the AED 1,235 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2304 over time

Sales
Unit 2304, each saleTypical one-bed in Silverene Tower B
1M1.5M2M20072012201720222027Typical sale price by year: 2007 AED 873,000; 2008 AED 750,000; 2009 AED 801,000; 2010 AED 841,000; 2011 AED 810,500; 2012 AED 846,000; 2013 AED 873,000; 2014 AED 1,450,000; 2015 AED 1,402,500; 2016 AED 1,600,000; 2017 AED 1,410,000; 2018 AED 1,435,000; 2019 AED 950,000; 2020 AED 925,000; 2021 AED 1,275,000; 2022 AED 1,350,000; 2023 AED 1,500,000; 2024 AED 1,635,000; 2025 AED 1,840,000; 2026 AED 1,600,000Sold by developer, August 2012: AED 1,285,683 (AED 1,573 per sqft)Sold, December 2012: AED 1,285,683 (AED 1,573 per sqft)

2304 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2304, each contractTypical one-bed in Silverene Tower B
80K100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 85,000; 2014 AED 97,375; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 86,250; 2020 AED 80,000; 2021 AED 74,000; 2022 AED 82,000; 2023 AED 99,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000

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

1-beds in Silverene Tower B, and where 2304 sits

All 176 1-beds →

2304 last sold in December 2012 at AED 1,573 per sqft, 27% above what one-beds in Silverene Tower B were fetching at the time (AED 1,235). Over the last 12 months one-beds sold for AED 1,230,000 to 2,275,000, around AED 2,326 per sqft, and rent for AED 25,000 to 170,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,750,000
6 Oct 20261,600,000
5 Oct 20261,600,000
25 Sep 20261,775,000
13 1-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 23rd floor

All 316 units in Silverene Tower B
Value
23011-bedAED 950K · Dec 2020
23022-bedAED 2.6M · Oct 2018
23031-bedAED 1.64M · Nov 2024
2305StudioAED 750K · Feb 2013
2306StudioAED 1.18M · Nov 2023
2307StudioAED 1.16M · Oct 2023
2308StudioAED 790K · Aug 2019
1–7 of 11

2304, Silverene Tower B in numbers

  • Sold twice: first on 14 August 2012 for AED 1,285,683, last on 27 December 2012 for AED 1,285,683 (AED 1,573 per sqft).
  • One-beds in Silverene Tower B sold for AED 1,230,000–2,275,000 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 27 December 2012.

Questions about 2304, Silverene Tower B

What did unit 2304 last sell for?

AED 1,285,683 on 27 December 2012: AED 1,573 per sqft for 817 sqft. The unit has 2 registered sales; the first was AED 1,285,683 in August 2012.

How big is unit 2304?

817 sqft (75.9 sqm): a one-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2011.

What is unit 2304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silverene Tower B sold for AED 1,230,000 to 2,275,000 in the last 12 months, around AED 2,326 per sqft.

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Mortgage on 2304, Silverene Tower B

Starts from the last sale price (AED 1.29M, 27 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,285,683
Deposit, UAE resident (20%)
AED 257,137
Deposit, non-resident (40%)
AED 514,273
Monthly over 25 years at 3.7%
AED 5,260

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