Studio · 521 sqftSilverene Tower B, Dubai Marina · 23rd floor · completed 2011

2307, Silverene Tower B

Sold prices and rental history: sold 4 times, last in October 2023, and rented once, from September 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2307 · DLD and Ejari recordsUpdated 24 October 2023
Last soldAED 1.16M24 October 2023
Current rentAED 80K /yr1 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2307, Silverene Tower B

What is 2307 worth today?

Last sold for AED 1,160,000 in 2023

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24 Oct 2023SoldReady
AED 1,160,000AED 2,227 per sqft
1 Sep 2017RentedNew contract
AED 80,000/yr12 months · AED 155 per sqft
15 Sep 2014SoldReady
AED 1,180,000AED 2,265 per sqft
7 Feb 2013SoldReady
AED 580,200AED 1,113 per sqft
19 Sep 2011Sold by developerOff-plan
AED 580,200AED 1,113 per sqft

Source: Dubai Land Department. Updated 24 October 2023.

Key facts

Type
Studio apartment
Size
521 sqft
Floor
23rd of 25
Parking
B2-68
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 1.16M · October 2023

About 2307, Silverene Tower B

2307 is a studio of 521 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 24 October 2023 for AED 1,160,000, or AED 2,227 per sqft, in line with the AED 2,185 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2017. The current contract, signed on 1 September 2017, is AED 80,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for 2307 over time

Sales
Unit 2307, 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, September 2011: AED 580,200 (AED 1,113 per sqft)Sold, February 2013: AED 580,200 (AED 1,113 per sqft)Sold, September 2014: AED 1,180,000 (AED 2,265 per sqft)Sold, October 2023: AED 1,160,000 (AED 2,227 per sqft)

2307 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2307, 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, September 2017: AED 80,000 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 2307 sits

All 92 studios →

2307 last sold in October 2023 at AED 2,227 per sqft, in line with what studios in Silverene Tower B were fetching at the time (AED 2,185). 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. 2307's AED 80,000 is in the upper 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 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
23041-bedAED 1.29M · Dec 2012
2305StudioAED 750K · Feb 2013
2306StudioAED 1.18M · Nov 2023
2308StudioAED 790K · Aug 2019
1–7 of 11

2307, Silverene Tower B in numbers

  • Sold 4 times: first on 19 September 2011 for AED 580,200, last on 24 October 2023 for AED 1,160,000 (AED 2,227 per sqft).
  • Rented since September 2017 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 6.9%, 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 24 October 2023.

Questions about 2307, Silverene Tower B

What did unit 2307 last sell for?

AED 1,160,000 on 24 October 2023: AED 2,227 per sqft for 521 sqft. The unit has 4 registered sales; the first was AED 580,200 in September 2011.

What is the rent for unit 2307?

AED 80,000 a year on the contract signed on 1 September 2017.

How big is unit 2307?

521 sqft (48.4 sqm): a studio on the 23rd floor of a 25-storey tower completed in 2011.

What is unit 2307 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 2307, Silverene Tower B

Starts from the last sale price (AED 1.16M, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,160,000
Deposit, UAE resident (20%)
AED 232,000
Deposit, non-resident (40%)
AED 464,000
Monthly over 25 years at 3.7%
AED 4,746

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