603, Silverene Tower B
Sold prices and rental history: sold 3 times, last in December 2017, 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 603, Silverene Tower B
What is 603 worth today?
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Source: Dubai Land Department. Updated 23 June 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 610 sqft
- Floor
- 6th of 25
- Parking
- B3-86
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 13,600 /yr
- Last sold
- AED 1.3M · December 2017
- Building
- Silverene Tower B
About 603, Silverene Tower B
603 is a one-bedroom apartment of 610 sqft on the 6th 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 10 December 2017 for AED 1,300,000, or AED 2,132 per sqft, 8% above the AED 1,979 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 23 June 2022, is AED 90,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 13,600 a year.
Sales and rents for 603 over time
603 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 603 sits
All 176 1-beds →603 last sold in December 2017 at AED 2,132 per sqft, 8% above what one-beds in Silverene Tower B were fetching at the time (AED 1,979). 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. 603's AED 90,000 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 6th floor
All 316 units in Silverene Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,067 sqft | AED 1.04MAED 1,042,500 · Jul 2023July 2023 | ||
| 602 | 1-bed | 832 sqft | AED 972KAED 972,000 · Dec 2012December 2012 | 100,000 /yr | |
| 604 | 1-bed | 595 sqft | AED 1.28MAED 1,275,000 · May 2021May 2021 | 99,000 /yr | |
| 605 | 1-bed | 832 sqft | AED 972KAED 972,000 · Dec 2012December 2012 | 110,000 /yr | |
| 606 | Studio | 536 sqft | AED 549KAED 549,000 · Dec 2012December 2012 | 75,000 /yr | |
| 607 | Studio | 518 sqft | AED 549KAED 549,000 · Dec 2012December 2012 | 95,000 /yr | |
| 608 | Studio | 522 sqft | AED 549KAED 549,000 · Dec 2012December 2012 | 60,000 /yr | |
| 609 | Studio | 542 sqft | AED 1.23MAED 1,230,000 · Oct 2024October 2024 | 50,000 /yr | |
| 610 | 1-bed | 832 sqft | AED 801KAED 801,000 · Feb 2013February 2013 | 63,500 /yr | |
| 611 | 1-bed | 595 sqft | AED 639KAED 639,000 · Oct 2012October 2012 | 96,000 /yr | |
| 612 | 1-bed | 610 sqft | AED 639KAED 639,000 · Jun 2013June 2013 | 80,000 /yr | |
| 613 | 1-bed | 831 sqft | AED 1.55MAED 1,550,000 · Aug 2023August 2023 | 110,000 /yr | |
| 614 | 2-bed | 1,067 sqft | AED 1.41MAED 1,410,000 · Dec 2012December 2012 | 70,000 /yr |
603, Silverene Tower B in numbers
- Sold 3 times: first on 27 April 2009 for AED 756,000, last on 10 December 2017 for AED 1,300,000 (AED 2,132 per sqft).
- Rented since March 2016 on 4 Ejari contracts. The rent fell from AED 117,000 to AED 80,000 in 2020 and recovered to AED 90,000 by June 2022.
- At AED 90,000 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 13,600 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 23 June 2022.
Questions about 603, Silverene Tower B
What did unit 603 last sell for?
AED 1,300,000 on 10 December 2017: AED 2,132 per sqft for 610 sqft. The unit has 3 registered sales; the first was AED 756,000 in April 2009.
What is the rent for unit 603?
AED 90,000 a year on the contract signed on 23 June 2022. The previous contract, from May 2020, was AED 80,000; the unit has been rented since March 2016.
How big is unit 603?
610 sqft (56.7 sqm): a one-bedroom apartment on the 6th floor of a 25-storey tower completed in 2011.
What is unit 603 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 603, Silverene Tower B
Starts from the last sale price (AED 1.3M, 10 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →