514, Silverene Tower B
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 514, Silverene Tower B
What is 514 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,067 sqft
- Floor
- 5th of 25
- Parking
- P1-6
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 23,800 /yr
- Last sold
- AED 1.4M · December 2012
- Building
- Silverene Tower B
About 514, Silverene Tower B
514 is a two-bedroom apartment of 1,067 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 12 December 2012 for AED 1,400,000, or AED 1,311 per sqft, 4% above the AED 1,265 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 1 September 2024, is AED 150,000 a year: a gross yield of 10.7% on the 2012 price, before the service charge of about AED 23,800 a year.
Sales and rents for 514 over time
514 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Silverene Tower B, and where 514 sits
All 45 2-beds →514 last sold in December 2012 at AED 1,311 per sqft, 4% above what two-beds in Silverene Tower B were fetching at the time (AED 1,265). Over the last 12 months two-beds sold for AED 2,350,000 to 4,200,000, around AED 2,783 per sqft, and rent for AED 70,000 to 185,000 a year. 514's AED 150,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jul 202631 July 2026 | 1,249 sqft | 4,200,000 | 3,363 | ||
| 24 Mar 202624 March 2026 | 1,067 sqft | 2,350,000 | 2,202 | ||
| 13 Jun 202513 June 2025 | 1,067 sqft | 2,350,000 | 2,202 | ||
| 18 Mar 202518 March 2025 | 1,067 sqft | 2,500,000 | 2,342 |
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 | |
| 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, Silverene Tower B in numbers
- Sold twice: first on 27 April 2009 for AED 1,400,000, last on 12 December 2012 for AED 1,400,000 (AED 1,311 per sqft).
- Rented since August 2016 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 75,000 in 2020 and recovered to AED 150,000 by September 2024.
- At AED 150,000 a year the gross yield on the 2012 price is 10.7%, before a service charge of about AED 23,800 a year (AED 22.32 per sqft).
- Two-beds in Silverene Tower B sold for AED 2,350,000–4,200,000 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 September 2024.
Questions about 514, Silverene Tower B
What did unit 514 last sell for?
AED 1,400,000 on 12 December 2012: AED 1,311 per sqft for 1,067 sqft. The unit has 2 registered sales; the first was AED 1,400,000 in April 2009.
What is the rent for unit 514?
AED 150,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2024, was AED 150,000; the unit has been rented since August 2016.
How big is unit 514?
1,067 sqft (99.1 sqm): a two-bedroom apartment on the 5th floor of a 25-storey tower completed in 2011.
What is unit 514 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silverene Tower B sold for AED 2,350,000 to 4,200,000 in the last 12 months, around AED 2,783 per sqft.
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Mortgage on 514, Silverene Tower B
Starts from the last sale price (AED 1.4M, 12 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →