504, Silverene Tower B
Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Silverene Tower B
What is 504 worth today?
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Source: Dubai Land Department. Updated 1 November 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 595 sqft
- Floor
- 5th of 25
- Parking
- B3-64
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 13,300 /yr
- Last sold
- AED 747K · February 2013
- Building
- Silverene Tower B
About 504, Silverene Tower B
504 is a one-bedroom apartment of 595 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 11 February 2013 for AED 747,000, or AED 1,256 per sqft, in line with the AED 1,225 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 November 2020, is AED 50,000 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 13,300 a year.
Sales and rents for 504 over time
504 has sold 3 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 504 sits
All 176 1-beds →504 last sold in February 2013 at AED 1,256 per sqft, in line with what one-beds in Silverene Tower B were fetching at the time (AED 1,225). 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. 504's AED 50,000 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 | |
| 502 | 1-bed | 832 sqft | AED 1.98MAED 1,975,000 · Mar 2024March 2024 | 95,000 /yr | |
| 503 | 1-bed | 610 sqft | AED 1.44MAED 1,440,000 · Apr 2023April 2023 | 95,000 /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 |
504, Silverene Tower B in numbers
- Sold 3 times: first on 29 April 2009 for AED 747,000, last on 11 February 2013 for AED 747,000 (AED 1,256 per sqft).
- Rented since October 2013 on 8 Ejari contracts, from AED 100,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2013 price is 6.7%, before a service charge of about AED 13,300 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 1 November 2020.
Questions about 504, Silverene Tower B
What did unit 504 last sell for?
AED 747,000 on 11 February 2013: AED 1,256 per sqft for 595 sqft. The unit has 3 registered sales; the first was AED 747,000 in April 2009.
What is the rent for unit 504?
AED 50,000 a year on the contract signed on 1 November 2020. The previous contract, from October 2019, was AED 100,000; the unit has been rented since October 2013.
How big is unit 504?
595 sqft (55.3 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower completed in 2011.
What is unit 504 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 504, Silverene Tower B
Starts from the last sale price (AED 747K, 11 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 747,000
- Deposit, UAE resident (20%)
- AED 149,400
- Deposit, non-resident (40%)
- AED 298,800
- Monthly over 25 years at 3.7%
- AED 3,056
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →