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1-bed · 609 sqftSilverene Tower B, Dubai Marina · 4th floor · completed 2011

412, Silverene Tower B

Sold prices and rental history: sold twice, last in July 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 23 July 2013
Last soldAED 576K23 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 412, Silverene Tower B

What is 412 worth today?

Last sold for AED 576,000 in 2013

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23 Jul 2013SoldReady
AED 576,000AED 945 per sqft
26 Apr 2009Sold by developerOff-plan
AED 576,000AED 945 per sqft

Source: Dubai Land Department. Updated 23 July 2013.

Key facts

Type
1-bed apartment
Size
609 sqft
Floor
4th of 25
Parking
B1-55
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 13,600 /yr
Last sold
AED 576K · July 2013
Building
Silverene Tower B

About 412, Silverene Tower B

412 is a one-bedroom apartment of 609 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 23 July 2013 for AED 576,000, or AED 945 per sqft, 21% below the AED 1,200 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 412 over time

Sales
Unit 412, 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 576,000 (AED 945 per sqft)Sold, July 2013: AED 576,000 (AED 945 per sqft)

412 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 412, 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 105,000

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 412 sits

All 176 1-beds →

412 last sold in July 2013 at AED 945 per sqft, 21% below what one-beds in Silverene Tower B were fetching at the time (AED 1,200). 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.

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
4051-bedAED 1.32M · Apr 2021
406StudioAED 1.2M · Sep 2016
407StudioAED 1M · Jul 2022
1–7 of 13

412, Silverene Tower B in numbers

  • Sold twice: first on 26 April 2009 for AED 576,000, last on 23 July 2013 for AED 576,000 (AED 945 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 23 July 2013.

Questions about 412, Silverene Tower B

What did unit 412 last sell for?

AED 576,000 on 23 July 2013: AED 945 per sqft for 609 sqft. The unit has 2 registered sales; the first was AED 576,000 in April 2009.

How big is unit 412?

609 sqft (56.6 sqm): a one-bedroom apartment on the 4th floor of a 25-storey tower completed in 2011.

What is unit 412 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 412, Silverene Tower B

Starts from the last sale price (AED 576K, 23 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 576,000
Deposit, UAE resident (20%)
AED 115,200
Deposit, non-resident (40%)
AED 230,400
Monthly over 25 years at 3.7%
AED 2,357

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