1-bed · 829 sqftSilverene Tower B, Dubai Marina · 4th floor · completed 2011

405, Silverene Tower B

Sold prices and rental history: sold 4 times, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 15 April 2021
Last soldAED 1.32M15 April 2021
Current rentAED 85K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Silverene Tower B

What is 405 worth today?

Last sold for AED 1,320,000 in 2021

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15 Apr 2021SoldReady
AED 1,320,000AED 1,593 per sqft
1 Oct 2020RentedRenewal
AED 85,000/yr12 months · AED 103 per sqft
1 Oct 2019RentedNew contract
AED 89,000/yr12 months · AED 107 per sqft
17 Aug 2018RentedRenewal
AED 125,000/yr12 months · AED 151 per sqft
17 Aug 2017RentedRenewal
AED 130,000/yr12 months · AED 157 per sqft
17 Aug 2016RentedNew contract
AED 130,000/yr12 months · AED 157 per sqft
12 Jun 2014RentedNew contract
AED 115,000/yr12 months · AED 139 per sqft
12 Jun 2013RentedNew contract
AED 113,000/yr12 months · AED 136 per sqft

Source: Dubai Land Department. Updated 15 April 2021.

Key facts

Type
1-bed apartment
Size
829 sqft
Floor
4th of 25
Parking
B3-41
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 18,500 /yr
Last sold
AED 1.32M · April 2021

About 405, Silverene Tower B

405 is a one-bedroom apartment of 829 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 15 April 2021 for AED 1,320,000, or AED 1,593 per sqft, 13% above the AED 1,411 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 October 2020, is AED 85,000 a year: a gross yield of 6.4% on the 2021 price, before the service charge of about AED 18,500 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, May 2007: AED 873,000 (AED 1,053 per sqft)Sold, May 2010: AED 835,000 (AED 1,007 per sqft)Sold, February 2013: AED 873,000 (AED 1,053 per sqft)Sold, April 2021: AED 1,320,000 (AED 1,593 per sqft)

405 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 405, each contractTypical one-bed in Silverene Tower B
100K2012201620202024Typical 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, June 2013: AED 113,000 a yearNew contract, June 2014: AED 115,000 a yearNew contract, August 2016: AED 130,000 a yearRenewal, August 2017: AED 130,000 a yearRenewal, August 2018: AED 125,000 a yearNew contract, October 2019: AED 89,000 a yearRenewal, October 2020: AED 85,000 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 405 sits

All 176 1-beds →

405 last sold in April 2021 at AED 1,593 per sqft, 13% above what one-beds in Silverene Tower B were fetching at the time (AED 1,411). 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. 405's AED 85,000 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
4041-bedAED 1.83M · Dec 2023
406StudioAED 1.2M · Sep 2016
407StudioAED 1M · Jul 2022
408StudioAED 958K · Aug 2024
1–7 of 13

405, Silverene Tower B in numbers

  • Sold 4 times: first on 3 May 2007 for AED 873,000, last on 15 April 2021 for AED 1,320,000 (AED 1,593 per sqft).
  • Rented since June 2013 on 7 Ejari contracts, from AED 113,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 6.4%, before a service charge of about AED 18,500 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 15 April 2021.

Questions about 405, Silverene Tower B

What did unit 405 last sell for?

AED 1,320,000 on 15 April 2021: AED 1,593 per sqft for 829 sqft. The unit has 4 registered sales; the first was AED 873,000 in May 2007.

What is the rent for unit 405?

AED 85,000 a year on the contract renewed on 1 October 2020. The previous contract, from October 2019, was AED 89,000; the unit has been rented since June 2013.

How big is unit 405?

829 sqft (77.0 sqm): a one-bedroom apartment on the 4th floor of a 25-storey tower completed in 2011.

What is unit 405 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 405, Silverene Tower B

Starts from the last sale price (AED 1.32M, 15 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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