407, Silverene Tower B
Sold prices and rental history: sold 4 times, last in July 2022, and rented once, from August 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Silverene Tower B
What is 407 worth today?
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Source: Dubai Land Department. Updated 6 July 2022.
Key facts
- Type
- Studio apartment
- Size
- 518 sqft
- Floor
- 4th of 25
- Parking
- B3-11
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 1M · July 2022
- Building
- Silverene Tower B
About 407, Silverene Tower B
407 is a studio of 518 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 6 July 2022 for AED 1,000,000, or AED 1,929 per sqft, 6% above the AED 1,822 studios in the building were fetching at the time.
One Ejari contract is registered, from 9 August 2015. The current contract, signed on 9 August 2015, is AED 95,000 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 11,600 a year.
Sales and rents for 407 over time
407 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 407 sits
All 92 studios →407 last sold in July 2022 at AED 1,929 per sqft, 6% above what studios in Silverene Tower B were fetching at the time (AED 1,822). 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. 407's AED 95,000 is in the upper 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 4th floor
All 316 units in Silverene Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,066 sqft | AED 1.72MAED 1,715,000 · Nov 2013November 2013 | 130,898 /yr | |
| 402 | 1-bed | 831 sqft | AED 970KAED 970,000 · Dec 2012December 2012 | 113,000 /yr | |
| 403 | 1-bed | 609 sqft | AED 1.3MAED 1,300,000 · Feb 2014February 2014 | 120,000 /yr | |
| 404 | 1-bed | 599 sqft | AED 1.83MAED 1,825,000 · Dec 2023December 2023 | 90,000 /yr | |
| 405 | 1-bed | 829 sqft | AED 1.32MAED 1,320,000 · Apr 2021April 2021 | 85,000 /yr | |
| 406 | Studio | 541 sqft | AED 1.2MAED 1,200,000 · Sep 2016September 2016 | 85,000 /yr | |
| 408 | Studio | 540 sqft | AED 958KAED 958,262 · Aug 2024August 2024 | 84,000 /yr | |
| 409 | Studio | 444 sqft | AED 820KAED 820,000 · May 2021May 2021 | 80,000 /yr | |
| 410 | 1-bed | 731 sqft | AED 1.7MAED 1,700,000 · Mar 2026March 2026 | 96,000 /yr | |
| 411 | 1-bed | 599 sqft | AED 599KAED 599,000 · Nov 2014November 2014 | 75,000 /yr | |
| 412 | 1-bed | 609 sqft | AED 576KAED 576,000 · Jul 2013July 2013 | ||
| 413 | 1-bed | 831 sqft | AED 1.3MAED 1,300,000 · Jan 2017January 2017 | 112,000 /yr | |
| 414 | 2-bed | 1,066 sqft | AED 489KAED 489,200 · Apr 2013April 2013 |
407, Silverene Tower B in numbers
- Sold 4 times: first on 26 April 2009 for AED 495,000, last on 6 July 2022 for AED 1,000,000 (AED 1,929 per sqft).
- Rented since August 2015 on one Ejari contract, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2022 price is 9.5%, 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 6 July 2022.
Questions about 407, Silverene Tower B
What did unit 407 last sell for?
AED 1,000,000 on 6 July 2022: AED 1,929 per sqft for 518 sqft. The unit has 4 registered sales; the first was AED 495,000 in April 2009.
What is the rent for unit 407?
AED 95,000 a year on the contract signed on 9 August 2015.
How big is unit 407?
518 sqft (48.1 sqm): a studio on the 4th floor of a 25-storey tower completed in 2011.
What is unit 407 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 407, Silverene Tower B
Starts from the last sale price (AED 1M, 6 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →