1-bed · 599 sqftSilverene Tower B, Dubai Marina · 4th floor · completed 2011

404, Silverene Tower B

Sold prices and rental history: sold 5 times, last in December 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 1.83M14 December 2023
Current rentAED 90K /yr15 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Silverene Tower B

What is 404 worth today?

Last sold for AED 1,825,000 in 2023

Unlock today's estimate, updated daily, with

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

14 Dec 2023SoldReady
AED 1,825,000AED 3,047 per sqft
23 Mar 2021SoldReady
AED 1,050,000AED 1,753 per sqft
15 Feb 2019RentedRenewal
AED 90,000/yr12 months · AED 149 per sqft
15 Feb 2018RentedRenewal
AED 93,712/yr12 months · AED 155 per sqft
15 Feb 2017RentedRenewal
AED 93,712/yr12 months · AED 155 per sqft
15 Feb 2016RentedRenewal
AED 93,712/yr12 months · AED 155 per sqft
15 Feb 2015RentedNew contract
AED 89,250/yr12 months · AED 148 per sqft
15 Feb 2014RentedNew contract
AED 89,250/yr12 months · AED 148 per sqft

Source: Dubai Land Department. Updated 14 December 2023.

Key facts

Type
1-bed apartment
Size
599 sqft
Floor
4th of 25
Parking
B3-40
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 13,400 /yr
Last sold
AED 1.83M · December 2023

About 404, Silverene Tower B

404 is a one-bedroom apartment of 599 sqft on the 4th 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 14 December 2023 for AED 1,825,000, or AED 3,047 per sqft, 42% above the AED 2,145 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 15 February 2019, is AED 90,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 13,400 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Silverene Tower B
1M2M20072012201720222027Typical 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, April 2009: AED 675,000 (AED 1,127 per sqft)Sold, February 2012: AED 850,000 (AED 1,419 per sqft)Sold, February 2013: AED 675,000 (AED 1,127 per sqft)Sold, March 2021: AED 1,050,000 (AED 1,753 per sqft)Sold, December 2023: AED 1,825,000 (AED 3,047 per sqft)

404 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 404, 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 105,000New contract, February 2014: AED 89,250 a yearNew contract, February 2015: AED 89,250 a yearRenewal, February 2016: AED 93,712 a yearRenewal, February 2017: AED 93,712 a yearRenewal, February 2018: AED 93,712 a yearRenewal, February 2019: AED 90,000 a year

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 404 sits

All 176 1-beds →

404 last sold in December 2023 at AED 3,047 per sqft, 42% above what one-beds in Silverene Tower B were fetching at the time (AED 2,145). 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. 404's AED 90,000 is in the lower half of that range.

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 4th floor

All 316 units in Silverene Tower B
Value
4012-bedAED 1.72M · Nov 2013
4021-bedAED 970K · Dec 2012
4031-bedAED 1.3M · Feb 2014
4051-bedAED 1.32M · Apr 2021
406StudioAED 1.2M · Sep 2016
407StudioAED 1M · Jul 2022
408StudioAED 958K · Aug 2024
1–7 of 13

404, Silverene Tower B in numbers

  • Sold 5 times: first on 29 April 2009 for AED 675,000, last on 14 December 2023 for AED 1,825,000 (AED 3,047 per sqft).
  • Rented since February 2014 on 6 Ejari contracts, from AED 89,250 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 13,400 a year (AED 22.32 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 14 December 2023.

Questions about 404, Silverene Tower B

What did unit 404 last sell for?

AED 1,825,000 on 14 December 2023: AED 3,047 per sqft for 599 sqft. The unit has 5 registered sales; the first was AED 675,000 in April 2009.

What is the rent for unit 404?

AED 90,000 a year on the contract renewed on 15 February 2019. The previous contract, from February 2018, was AED 93,712; the unit has been rented since February 2014.

How big is unit 404?

599 sqft (55.6 sqm): a one-bedroom apartment on the 4th floor of a 25-storey tower completed in 2011.

What is unit 404 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.

Selling 404? 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 404, Silverene Tower B

Starts from the last sale price (AED 1.83M, 14 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,825,000
Deposit, UAE resident (20%)
AED 365,000
Deposit, non-resident (40%)
AED 730,000
Monthly over 25 years at 3.7%
AED 7,467

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