Studio · 522 sqftSilverene Tower B, Dubai Marina · 8th floor · completed 2011

808, Silverene Tower B

Sold prices and rental history: sold twice, last in December 2012, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 1 October 2019
Last soldAED 558K10 December 2012
Current rentAED 60K /yr1 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Silverene Tower B

What is 808 worth today?

Last sold for AED 558,000 in 2012

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1 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 116 per sqft
1 Oct 2017RentedNew contract
AED 80,000/yr12 months · AED 155 per sqft
22 Dec 2015RentedNew contract
AED 90,000/yr12 months · AED 174 per sqft
10 Dec 2012SoldReady
AED 558,000AED 1,069 per sqft
27 Apr 2009Sold by developerOff-plan
AED 558,000AED 1,069 per sqft

Source: Dubai Land Department. Updated 1 October 2019.

Key facts

Type
Studio apartment
Size
522 sqft
Floor
8th of 25
Parking
B3-23
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 558K · December 2012

About 808, Silverene Tower B

808 is a studio of 522 sqft on the 8th 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 2012 for AED 558,000, or AED 1,069 per sqft, in line with the AED 1,082 studios in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 October 2019, is AED 60,000 a year: a gross yield of 10.8% on the 2012 price, before the service charge of about AED 11,600 a year.

Sales and rents for 808 over time

Sales
Unit 808, 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 1,069 per sqft)Sold, December 2012: AED 558,000 (AED 1,069 per sqft)

808 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 808, 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, December 2015: AED 90,000 a yearNew contract, October 2017: AED 80,000 a yearNew contract, October 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 808 sits

All 92 studios →

808 last sold in December 2012 at AED 1,069 per sqft, in line with what studios in Silverene Tower B were fetching at the time (AED 1,082). 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. 808'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 8th floor

All 316 units in Silverene Tower B
Value
8012-bedAED 2.35M · Mar 2026
8021-bedAED 1.6M · Sep 2016
8031-bedAED 1.68M · Jan 2025
8041-bedAED 756K · Oct 2012
8051-bedAED 1.23M · Dec 2012
806StudioAED 1.25M · Oct 2015
807StudioAED 950K · Jul 2013
1–7 of 13

808, Silverene Tower B in numbers

  • Sold twice: first on 27 April 2009 for AED 558,000, last on 10 December 2012 for AED 558,000 (AED 1,069 per sqft).
  • Rented since December 2015 on 3 Ejari contracts, from AED 90,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2012 price is 10.8%, 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 1 October 2019.

Questions about 808, Silverene Tower B

What did unit 808 last sell for?

AED 558,000 on 10 December 2012: AED 1,069 per sqft for 522 sqft. The unit has 2 registered sales; the first was AED 558,000 in April 2009.

What is the rent for unit 808?

AED 60,000 a year on the contract signed on 1 October 2019. The previous contract, from October 2017, was AED 80,000; the unit has been rented since December 2015.

How big is unit 808?

522 sqft (48.5 sqm): a studio on the 8th floor of a 25-storey tower completed in 2011.

What is unit 808 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 808, Silverene Tower B

Starts from the last sale price (AED 558K, 10 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 558,000
Deposit, UAE resident (20%)
AED 111,600
Deposit, non-resident (40%)
AED 223,200
Monthly over 25 years at 3.7%
AED 2,283

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