1208, Silverene Tower B
Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, Silverene Tower B
What is 1208 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 522 sqft
- Floor
- 12th of 25
- Parking
- B1-42
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 1.13M · July 2023
- Building
- Silverene Tower B
About 1208, Silverene Tower B
1208 is a studio of 522 sqft on the 12th 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 25 July 2023 for AED 1,125,000, or AED 2,155 per sqft, in line with the AED 2,155 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 26 July 2024, is AED 85,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 11,600 a year.
Sales and rents for 1208 over time
1208 has sold 3 times; the dashed line is the studio median of each year in the building.
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 1208 sits
All 89 studios →1208 last sold in July 2023 at AED 2,155 per sqft, in line with what studios in Silverene Tower B were fetching at the time (AED 2,155). Over the last 12 months studios sold for AED 1,370,000 to 1,400,000, around AED 2,662 per sqft, and rent for AED 78,750 to 101,000 a year. 1208's AED 85,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 522 sqft | 1,370,000 | 2,624 | ||
| 23 Jul 202523 July 2025 | 542 sqft | 1,300,000 | 2,399 | ||
| 9 Jun 20259 June 2025 | 522 sqft | 1,300,000 | 2,490 | ||
| 30 May 202530 May 2025 | 536 sqft | 1,455,000 | 2,714 |
Silverene Tower B
Building316 apartments, studios to 3-bed over 25 floors in Dubai Marina, completed in 2011 by Cayan Real Estate Investment & Development. 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,662
- Typical sale
- AED 1.44M
- Typical rent
- AED 103K /yr
- Typical yield
- 5.9%
Other units on the 12th floor
All 316 units in Silverene Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,067 sqft | AED 2.04MAED 2,040,000 · May 2015May 2015 | 149,000 /yr | |
| 1202 | 1-bed | 832 sqft | AED 999KAED 999,000 · Jan 2013January 2013 | 120,000 /yr | |
| 1203 | 1-bed | 603 sqft | AED 1.28MAED 1,280,000 · Jan 2022January 2022 | 110,000 /yr | |
| 1204 | 1-bed | 602 sqft | AED 774KAED 774,000 · Dec 2012December 2012 | 85,000 /yr | |
| 1205 | 1-bed | 832 sqft | AED 999KAED 999,000 · Dec 2012December 2012 | 130,000 /yr | |
| 1206 | Studio | 536 sqft | AED 567KAED 567,000 · Dec 2012December 2012 | 65,286 /yr | |
| 1207 | Studio | 518 sqft | AED 567KAED 567,000 · Dec 2012December 2012 | 80,000 /yr | |
| 1209 | Studio | 542 sqft | AED 1.19MAED 1,190,000 · Oct 2015October 2015 | 68,000 /yr | |
| 1210 | 1-bed | 832 sqft | AED 828KAED 828,000 · Dec 2012December 2012 | 100,000 /yr | |
| 1211 | 1-bed | 602 sqft | AED 1.49MAED 1,490,000 · Jul 2024July 2024 | 97,500 /yr | |
| 1212 | 1-bed | 603 sqft | AED 657KAED 657,000 · Dec 2012December 2012 | 85,000 /yr | |
| 1213 | 1-bed | 832 sqft | AED 792KAED 792,000 · Dec 2012December 2012 | 105,000 /yr | |
| 1214 | 2-bed | 1,067 sqft | AED 2.08MAED 2,075,000 · May 2023May 2023 | 139,755 /yr |
1208, Silverene Tower B in numbers
- Sold 3 times: first on 28 April 2009 for AED 567,000, last on 25 July 2023 for AED 1,125,000 (AED 2,155 per sqft).
- Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 49,866 to AED 10,000 in 2024 and recovered to AED 85,000 by July 2024.
- At AED 85,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 11,600 a year (AED 22.32 per sqft).
- Studios in Silverene Tower B sold for AED 1,370,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,662 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 26 July 2024.
Questions about 1208, Silverene Tower B
What did unit 1208 last sell for?
AED 1,125,000 on 25 July 2023: AED 2,155 per sqft for 522 sqft. The unit has 3 registered sales; the first was AED 567,000 in April 2009.
What is the rent for unit 1208?
AED 85,000 a year on the contract signed on 26 July 2024. The previous contract, from July 2024, was AED 10,000; the unit has been rented since January 2014.
How big is unit 1208?
522 sqft (48.5 sqm): a studio on the 12th floor of a 25-storey tower completed in 2011.
What is unit 1208 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 1,370,000 to 1,400,000 in the last 12 months, around AED 2,662 per sqft.
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Mortgage on 1208, Silverene Tower B
Starts from the last sale price (AED 1.13M, 25 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,125,000
- Deposit, UAE resident (20%)
- AED 225,000
- Deposit, non-resident (40%)
- AED 450,000
- Monthly over 25 years at 3.7%
- AED 4,603
Plus AED 52,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →