Studio · 539 sqftSilverene Tower B, Dubai Marina · 24th floor · completed 2011

2406, Silverene Tower B

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 6 March 2025
Last soldAED 1.05M28 January 2014
Current rentAED 90K /yr6 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, Silverene Tower B

What is 2406 worth today?

Last sold for AED 1,051,050 in 2014

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6 Mar 2025RentedNew contract
AED 90,000/yr12 months · AED 167 per sqft
8 Oct 2024RentedNew contract
AED 90,000/yr12 months · AED 167 per sqft
20 Aug 2018RentedNew contract
AED 72,000/yr12 months · AED 134 per sqft
21 Sep 2017RentedRenewal
AED 73,333/yr12 months · AED 136 per sqft
21 Sep 2016RentedNew contract
AED 75,000/yr12 months · AED 139 per sqft
20 Aug 2014RentedNew contract
AED 90,000/yr12 months · AED 167 per sqft
28 Jan 2014Sold by developerReady
AED 1,051,050AED 1,949 per sqft

Source: Dubai Land Department. Updated 6 March 2025.

Key facts

Type
Studio apartment
Size
539 sqft
Floor
24th of 25
Parking
B2-82
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 12,000 /yr
Last sold
AED 1.05M · January 2014

About 2406, Silverene Tower B

2406 is a studio of 539 sqft on the 24th floor of Silverene Tower B, a 25-storey tower in Dubai Marina completed in 2011 by Cayan Real Estate Investment & Development. The developer sold it on 28 January 2014 for AED 1,051,050, or AED 1,949 per sqft, 63% above the AED 1,199 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 6 March 2025, is AED 90,000 a year: a gross yield of 8.6% on the 2014 price, before the service charge of about AED 12,000 a year.

Sales and rents for 2406 over time

Sales
Unit 2406, 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, January 2014: AED 1,051,050 (AED 1,949 per sqft)

2406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2406, 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, August 2014: AED 90,000 a yearNew contract, September 2016: AED 75,000 a yearRenewal, September 2017: AED 73,333 a yearNew contract, August 2018: AED 72,000 a yearNew contract, October 2024: AED 90,000 a yearNew contract, March 2025: AED 90,000 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 2406 sits

All 92 studios →

2406 last sold in January 2014 at AED 1,949 per sqft, 63% above what studios in Silverene Tower B were fetching at the time (AED 1,199). 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. 2406's AED 90,000 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 24th floor

All 316 units in Silverene Tower B
Value
24011-bedAED 1.32M · Jan 2014
24022-bedAED 2.22M · Jan 2014
24031-bedAED 1.16M · Jan 2014
24041-bedAED 1.59M · Jan 2014
2405StudioAED 1M · Jan 2014
2407StudioAED 1.02M · Jan 2014
2408StudioAED 1.06M · Jan 2014
1–7 of 11

2406, Silverene Tower B in numbers

  • Sold once: by Cayan Real Estate Investment & Development on 28 January 2014 for AED 1,051,050, or AED 1,949 per sqft.
  • Rented since August 2014 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 72,000 in 2018 and recovered to AED 90,000 by March 2025.
  • At AED 90,000 a year the gross yield on the 2014 price is 8.6%, before a service charge of about AED 12,000 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 6 March 2025.

Questions about 2406, Silverene Tower B

What did unit 2406 last sell for?

AED 1,051,050 on 28 January 2014, sold by the developer: AED 1,949 per sqft for 539 sqft. It is the only registered sale of the unit.

What is the rent for unit 2406?

AED 90,000 a year on the contract signed on 6 March 2025. The previous contract, from October 2024, was AED 90,000; the unit has been rented since August 2014.

How big is unit 2406?

539 sqft (50.1 sqm): a studio on the 24th floor of a 25-storey tower completed in 2011.

What is unit 2406 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 2406, Silverene Tower B

Starts from the last sale price (AED 1.05M, 28 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,051,050
Deposit, UAE resident (20%)
AED 210,210
Deposit, non-resident (40%)
AED 420,420
Monthly over 25 years at 3.7%
AED 4,300

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