2306, Silverene Tower B
Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2306, Silverene Tower B
What is 2306 worth today?
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Source: Dubai Land Department. Updated 20 November 2023.
Key facts
- Type
- Studio apartment
- Size
- 517 sqft
- Floor
- 23rd of 25
- Parking
- B2-67
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 11,500 /yr
- Last sold
- AED 1.18M · November 2023
- Building
- Silverene Tower B
About 2306, Silverene Tower B
2306 is a studio of 517 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 20 November 2023 for AED 1,180,000, or AED 2,280 per sqft, in line with the AED 2,214 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 10 February 2023, is AED 55,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 11,500 a year.
Sales and rents for 2306 over time
2306 has sold 4 times; the dashed line is the studio median of each year in the building.
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 2306 sits
All 92 studios →2306 last sold in November 2023 at AED 2,280 per sqft, in line with what studios in Silverene Tower B were fetching at the time (AED 2,214). 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. 2306's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 542 sqft | 1,230,000 | 2,269 | ||
| 17 Aug 202617 August 2026 | 522 sqft | 1,550,000 | 2,969 | ||
| 12 Aug 202612 August 2026 | 536 sqft | 1,245,000 | 2,323 | ||
| 18 May 202618 May 2026 | 542 sqft | 1,400,000 | 2,583 |
Silverene Tower B
Building316 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%
Other units on the 23rd floor
All 316 units in Silverene Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 902 sqft | AED 950KAED 950,000 · Dec 2020December 2020 | 80,000 /yr | |
| 2302 | 2-bed | 1,350 sqft | AED 2.6MAED 2,600,000 · Oct 2018October 2018 | 145,000 /yr | |
| 2303 | 1-bed | 597 sqft | AED 1.64MAED 1,635,000 · Nov 2024November 2024 | 130,000 /yr | |
| 2304 | 1-bed | 817 sqft | AED 1.29MAED 1,285,683 · Dec 2012December 2012 | ||
| 2305 | Studio | 537 sqft | AED 750KAED 750,000 · Feb 2013February 2013 | 75,000 /yr | |
| 2307 | Studio | 521 sqft | AED 1.16MAED 1,160,000 · Oct 2023October 2023 | 80,000 /yr | |
| 2308 | Studio | 543 sqft | AED 790KAED 790,000 · Aug 2019August 2019 | 81,587 /yr | |
| 2309 | 1-bed | 817 sqft | AED 1.3MAED 1,300,000 · Dec 2012December 2012 | 115,000 /yr | |
| 2310 | 1-bed | 597 sqft | AED 1.25MAED 1,250,000 · Nov 2022November 2022 | 80,000 /yr | |
| 2311 | 2-bed | 1,350 sqft | AED 2MAED 2,000,000 · Oct 2018October 2018 | 130,000 /yr | |
| 2312 | 1-bed | 901 sqft | AED 1.9MAED 1,900,000 · Jul 2023July 2023 | 125,000 /yr |
2306, Silverene Tower B in numbers
- Sold 4 times: first on 19 September 2011 for AED 580,200, last on 20 November 2023 for AED 1,180,000 (AED 2,280 per sqft).
- Rented since January 2014 on 4 Ejari contracts, from AED 75,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 11,500 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 20 November 2023.
Questions about 2306, Silverene Tower B
What did unit 2306 last sell for?
AED 1,180,000 on 20 November 2023: AED 2,280 per sqft for 517 sqft. The unit has 4 registered sales; the first was AED 580,200 in September 2011.
What is the rent for unit 2306?
AED 55,000 a year on the contract renewed on 10 February 2023. The previous contract, from February 2022, was AED 55,000; the unit has been rented since January 2014.
How big is unit 2306?
517 sqft (48.0 sqm): a studio on the 23rd floor of a 25-storey tower completed in 2011.
What is unit 2306 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 2306, Silverene Tower B
Starts from the last sale price (AED 1.18M, 20 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,180,000
- Deposit, UAE resident (20%)
- AED 236,000
- Deposit, non-resident (40%)
- AED 472,000
- Monthly over 25 years at 3.7%
- AED 4,828
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →