507, Silverene Tower B
Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Silverene Tower B
What is 507 worth today?
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Source: Dubai Land Department. Updated 11 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 518 sqft
- Floor
- 5th of 25
- Parking
- B2-172
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 1.2M · June 2024
- Building
- Silverene Tower B
About 507, Silverene Tower B
507 is a studio of 518 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 June 2024 for AED 1,200,000, or AED 2,314 per sqft, 5% above the AED 2,214 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 21 October 2022, is AED 56,894 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 11,600 a year.
Sales and rents for 507 over time
507 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 507 sits
All 92 studios →507 last sold in June 2024 at AED 2,314 per sqft, 5% above what studios in Silverene Tower B were fetching at the time (AED 2,214). 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. 507's AED 56,894 is in the lower 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 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 | |
| 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 | |
| 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 |
507, Silverene Tower B in numbers
- Sold 4 times: first on 26 April 2009 for AED 549,000, last on 11 June 2024 for AED 1,200,000 (AED 2,314 per sqft).
- Rented since March 2018 on 5 Ejari contracts, from AED 80,000 to AED 56,894 a year.
- At AED 56,894 a year the gross yield on the 2024 price is 4.7%, 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 11 June 2024.
Questions about 507, Silverene Tower B
What did unit 507 last sell for?
AED 1,200,000 on 11 June 2024: AED 2,314 per sqft for 518 sqft. The unit has 4 registered sales; the first was AED 549,000 in April 2009.
What is the rent for unit 507?
AED 56,894 a year on the contract renewed on 21 October 2022. The previous contract, from October 2021, was AED 57,000; the unit has been rented since March 2018.
How big is unit 507?
518 sqft (48.1 sqm): a studio on the 5th floor of a 25-storey tower completed in 2011.
What is unit 507 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 507, Silverene Tower B
Starts from the last sale price (AED 1.2M, 11 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →