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Studio · 518 sqftSilverene Tower B, Dubai Marina · 7th floor · completed 2011

707, Silverene Tower B

Sold prices and rental history: sold 3 times, last in March 2022, and rented once, from May 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 14 March 2022
Last soldAED 850K14 March 2022
Current rentAED 60K /yr1 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 707, Silverene Tower B

What is 707 worth today?

Last sold for AED 850,000 in 2022

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14 Mar 2022SoldReady
AED 850,000AED 1,639 per sqft
1 May 2019RentedNew contract
AED 60,000/yr12 months · AED 116 per sqft
4 Mar 2013SoldReady
AED 558,000AED 1,076 per sqft
27 Apr 2009Sold by developerOff-plan
AED 558,000AED 1,076 per sqft

Source: Dubai Land Department. Updated 14 March 2022.

Key facts

Type
Studio apartment
Size
518 sqft
Floor
7th of 25
Parking
B3-20
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 850K · March 2022
Building
Silverene Tower B

About 707, Silverene Tower B

707 is a studio of 518 sqft on the 7th 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 14 March 2022 for AED 850,000, or AED 1,639 per sqft.

One Ejari contract is registered, from 1 May 2019. The current contract, signed on 1 May 2019, is AED 60,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 11,600 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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 558,000 (AED 1,076 per sqft)Sold, March 2013: AED 558,000 (AED 1,076 per sqft)Sold, March 2022: AED 850,000 (AED 1,639 per sqft)

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

Rents
Unit 707, each contractTypical studio in Silverene Tower B
60K80K2012201620202024Typical 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, May 2019: AED 60,000 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 707 sits

All 92 studios →

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. 707's AED 60,000 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 7th floor

All 316 units in Silverene Tower B
Value
7012-bedAED 1.41M · Dec 2012
7021-bedAED 2.25M · Apr 2026
7031-bedAED 987K · Mar 2023
7041-bedAED 1.45M · Feb 2014
7051-bedAED 972K · May 2013
706StudioAED 775K · Feb 2021
708StudioAED 558K · Feb 2013
1–7 of 13

707, Silverene Tower B in numbers

  • Sold 3 times: first on 27 April 2009 for AED 558,000, last on 14 March 2022 for AED 850,000 (AED 1,639 per sqft).
  • Rented since May 2019 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 7.1%, 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 14 March 2022.

Questions about 707, Silverene Tower B

What did unit 707 last sell for?

AED 850,000 on 14 March 2022: AED 1,639 per sqft for 518 sqft. The unit has 3 registered sales; the first was AED 558,000 in April 2009.

What is the rent for unit 707?

AED 60,000 a year on the contract signed on 1 May 2019.

How big is unit 707?

518 sqft (48.1 sqm): a studio on the 7th floor of a 25-storey tower completed in 2011.

What is unit 707 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 707, Silverene Tower B

Starts from the last sale price (AED 850K, 14 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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