502, Silverene Tower B
Sold prices and rental history: sold 4 times, last in March 2024, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Silverene Tower B
What is 502 worth today?
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Source: Dubai Land Department. Updated 26 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 832 sqft
- Floor
- 5th of 25
- Parking
- B3-63
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 18,600 /yr
- Last sold
- AED 1.98M · March 2024
- Building
- Silverene Tower B
About 502, Silverene Tower B
502 is a one-bedroom apartment of 832 sqft on the 5th 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 26 March 2024 for AED 1,975,000, or AED 2,375 per sqft, in line with the AED 2,321 one-beds in the building were fetching at the time.
It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 17 March 2019, is AED 95,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 18,600 a year.
Sales and rents for 502 over time
502 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 502 sits
All 176 1-beds →502 last sold in March 2024 at AED 2,375 per sqft, in line with what one-beds in Silverene Tower B were fetching at the time (AED 2,321). 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. 502's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 832 sqft | 1,750,000 | 2,102 | ||
| 6 Oct 20266 October 2026 | 601 sqft | 1,600,000 | 2,660 | ||
| 5 Oct 20265 October 2026 | 817 sqft | 1,600,000 | 1,958 | ||
| 25 Sep 202625 September 2026 | 818 sqft | 1,775,000 | 2,170 |
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 5th floor
All 316 units in Silverene Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,067 sqft | AED 2.3MAED 2,300,000 · Nov 2014November 2014 | 98,175 /yr | |
| 503 | 1-bed | 610 sqft | AED 1.44MAED 1,440,000 · Apr 2023April 2023 | 95,000 /yr | |
| 504 | 1-bed | 595 sqft | AED 747KAED 747,000 · Feb 2013February 2013 | 50,000 /yr | |
| 505 | 1-bed | 832 sqft | AED 1.65MAED 1,650,000 · Oct 2013October 2013 | 75,000 /yr | |
| 506 | Studio | 536 sqft | AED 549KAED 549,000 · Dec 2012December 2012 | 73,500 /yr | |
| 507 | Studio | 518 sqft | AED 1.2MAED 1,200,000 · Jun 2024June 2024 | 56,894 /yr | |
| 508 | Studio | 522 sqft | AED 1.55MAED 1,550,000 · Aug 2026August 2026 | 80,000 /yr | |
| 509 | Studio | 544 sqft | AED 1.29MAED 1,285,000 · Sep 2015September 2015 | 77,000 /yr | |
| 510 | 1-bed | 832 sqft | AED 801KAED 801,000 · Dec 2012December 2012 | 129,000 /yr | |
| 511 | 1-bed | 297 sqft | AED 500KAED 500,000 · May 2024May 2024 | 100,188 /yr | |
| 512 | 1-bed | 609 sqft | AED 609KAED 609,000 · Nov 2014November 2014 | 105,000 /yr | |
| 513 | 1-bed | 831 sqft | AED 756KAED 756,000 · Dec 2012December 2012 | 110,000 /yr | |
| 514 | 2-bed | 1,067 sqft | AED 1.4MAED 1,400,000 · Dec 2012December 2012 | 150,000 /yr |
502, Silverene Tower B in numbers
- Sold 4 times: first on 26 April 2009 for AED 972,000, last on 26 March 2024 for AED 1,975,000 (AED 2,375 per sqft).
- Rented since December 2012 on 3 Ejari contracts, from AED 90,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 18,600 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 26 March 2024.
Questions about 502, Silverene Tower B
What did unit 502 last sell for?
AED 1,975,000 on 26 March 2024: AED 2,375 per sqft for 832 sqft. The unit has 4 registered sales; the first was AED 972,000 in April 2009.
What is the rent for unit 502?
AED 95,000 a year on the contract signed on 17 March 2019. The previous contract, from December 2014, was AED 100,000; the unit has been rented since December 2012.
How big is unit 502?
832 sqft (77.3 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower completed in 2011.
What is unit 502 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 502, Silverene Tower B
Starts from the last sale price (AED 1.98M, 26 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,975,000
- Deposit, UAE resident (20%)
- AED 395,000
- Deposit, non-resident (40%)
- AED 790,000
- Monthly over 25 years at 3.7%
- AED 8,080
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →