Studio · 542 sqftSilverene Tower B, Dubai Marina · 6th floor · completed 2011

609, Silverene Tower B

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 30 October 2024
Last soldAED 1.23M30 October 2024
Current rentAED 50K /yr2 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Silverene Tower B

What is 609 worth today?

Last sold for AED 1,230,000 in 2024

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30 Oct 2024SoldReady
AED 1,230,000AED 2,269 per sqft
2 Apr 2023RentedRenewal
AED 50,000/yr12 months · AED 93 per sqft
2 Apr 2022RentedRenewal
AED 50,000/yr12 months · AED 93 per sqft
2 Apr 2021RentedRenewal
AED 50,000/yr12 months · AED 93 per sqft
2 Apr 2020RentedRenewal
AED 70,000/yr12 months · AED 130 per sqft
2 Apr 2019RentedRenewal
AED 76,000/yr12 months · AED 141 per sqft
2 Apr 2018RentedRenewal
AED 92,500/yr12 months · AED 172 per sqft
2 Apr 2017RentedNew contract
AED 92,500/yr12 months · AED 172 per sqft

Source: Dubai Land Department. Updated 30 October 2024.

Key facts

Type
Studio apartment
Size
542 sqft
Floor
6th of 25
Parking
B3-18
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 12,100 /yr
Last sold
AED 1.23M · October 2024

About 609, Silverene Tower B

609 is a studio of 542 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 30 October 2024 for AED 1,230,000, or AED 2,269 per sqft, in line with the AED 2,275 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 2 April 2023, is AED 50,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 12,100 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical studio in Silverene Tower B
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 567,000; 2011 AED 594,000; 2012 AED 576,000; 2013 AED 580,200; 2014 AED 1,117,500; 2015 AED 1,200,000; 2016 AED 1,225,000; 2017 AED 1,225,000; 2019 AED 790,000; 2021 AED 800,000; 2022 AED 977,000; 2023 AED 1,160,000; 2024 AED 1,215,000; 2025 AED 1,342,500; 2026 AED 1,370,000Sold by developer, April 2009: AED 549,000 (AED 1,013 per sqft)Sold, January 2013: AED 549,000 (AED 1,013 per sqft)Sold, October 2024: AED 1,230,000 (AED 2,269 per sqft)

609 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 609, each contractTypical studio in Silverene Tower B
50K75K100K2012201620202024Typical rent by year: 2012 AED 50,000; 2013 AED 65,000; 2014 AED 65,000; 2015 AED 80,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 60,000; 2023 AED 70,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 78,875New contract, January 2015: AED 95,000 a yearNew contract, April 2017: AED 92,500 a yearRenewal, April 2018: AED 92,500 a yearRenewal, April 2019: AED 76,000 a yearRenewal, April 2020: AED 70,000 a yearRenewal, April 2021: AED 50,000 a yearRenewal, April 2022: AED 50,000 a yearRenewal, April 2023: AED 50,000 a year

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 609 sits

All 92 studios →

609 last sold in October 2024 at AED 2,269 per sqft, in line with what studios in Silverene Tower B were fetching at the time (AED 2,275). 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. 609's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Aug 20261,230,000
17 Aug 20261,550,000
12 Aug 20261,245,000
18 May 20261,400,000
8 studio sales in the last 12 months

Silverene Tower B

Building

316 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%
Silverene Tower B, Dubai Marina: prices, sales and rents →

Other units on the 6th floor

All 316 units in Silverene Tower B
Value
6012-bedAED 1.04M · Jul 2023
6021-bedAED 972K · Dec 2012
6031-bedAED 1.3M · Dec 2017
6041-bedAED 1.28M · May 2021
6051-bedAED 972K · Dec 2012
606StudioAED 549K · Dec 2012
607StudioAED 549K · Dec 2012
1–7 of 13

609, Silverene Tower B in numbers

  • Sold 3 times: first on 30 April 2009 for AED 549,000, last on 30 October 2024 for AED 1,230,000 (AED 2,269 per sqft).
  • Rented since January 2015 on 8 Ejari contracts, from AED 95,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 12,100 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 30 October 2024.

Questions about 609, Silverene Tower B

What did unit 609 last sell for?

AED 1,230,000 on 30 October 2024: AED 2,269 per sqft for 542 sqft. The unit has 3 registered sales; the first was AED 549,000 in April 2009.

What is the rent for unit 609?

AED 50,000 a year on the contract renewed on 2 April 2023. The previous contract, from April 2022, was AED 50,000; the unit has been rented since January 2015.

How big is unit 609?

542 sqft (50.4 sqm): a studio on the 6th floor of a 25-storey tower completed in 2011.

What is unit 609 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 609, Silverene Tower B

Starts from the last sale price (AED 1.23M, 30 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,230,000
Deposit, UAE resident (20%)
AED 246,000
Deposit, non-resident (40%)
AED 492,000
Monthly over 25 years at 3.7%
AED 5,032

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →