Studio · 542 sqftSilverene Tower B, Dubai Marina · 12th floor · completed 2011

1209, Silverene Tower B

Sold prices and rental history: sold 5 times, last in October 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 1 June 2019
Last soldAED 1.19M7 October 2015
Current rentAED 68K /yr1 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Silverene Tower B

What is 1209 worth today?

Last sold for AED 1,190,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2019RentedNew contract
AED 68,000/yr12 months · AED 126 per sqft
15 Apr 2018RentedNew contract
AED 85,000/yr12 months · AED 158 per sqft
10 Mar 2016RentedNew contract
AED 100,000/yr12 months · AED 186 per sqft
7 Oct 2015SoldReady
AED 1,190,000AED 2,196 per sqft
1 Jun 2015RentedRenewal
AED 95,000/yr12 months · AED 177 per sqft
1 Jun 2014RentedNew contract
AED 90,000/yr12 months · AED 167 per sqft
16 Mar 2013RentedNew contract
AED 75,000/yr12 months · AED 139 per sqft
11 Mar 2013SoldReady
AED 567,000AED 1,046 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2019.

Key facts

Type
Studio apartment
Size
542 sqft
Floor
12th of 25
Parking
B3-52
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 12,100 /yr
Last sold
AED 1.19M · October 2015

About 1209, Silverene Tower B

1209 is a studio of 542 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 7 October 2015 for AED 1,190,000, or AED 2,196 per sqft, 4% below the AED 2,299 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 June 2019, is AED 68,000 a year: a gross yield of 5.7% on the 2015 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical studio in Silverene Tower B
500K1M2009201420192024Typical sale price by year: 2009 AED 567,000; 2011 AED 594,000; 2012 AED 576,000; 2013 AED 582,600; 2014 AED 1,135,000; 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 1,300,000Sold by developer, May 2009: AED 567,000 (AED 1,046 per sqft)Sold, July 2011: AED 500,000 (AED 922 per sqft)Sold, May 2012: AED 650,000 (AED 1,199 per sqft)Sold, March 2013: AED 567,000 (AED 1,046 per sqft)Sold, October 2015: AED 1,190,000 (AED 2,196 per sqft)

1209 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1209, each contractTypical studio in Silverene Tower B
50K75K100K2012201620202024Typical rent by year: 2012 AED 50,000; 2013 AED 66,500; 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 85,000New contract, March 2013: AED 75,000 a yearNew contract, June 2014: AED 90,000 a yearRenewal, June 2015: AED 95,000 a yearNew contract, March 2016: AED 100,000 a yearNew contract, April 2018: AED 85,000 a yearNew contract, June 2019: AED 68,000 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 1209 sits

All 89 studios →

1209 last sold in October 2015 at AED 2,196 per sqft, 4% below what studios in Silverene Tower B were fetching at the time (AED 2,299). 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. 1209's AED 68,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Feb 20261,370,000
23 Jul 20251,300,000
9 Jun 20251,300,000
30 May 20251,455,000
2 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. 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%
Silverene Tower B, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 316 units in Silverene Tower B
Value
12012-bedAED 2.04M · May 2015
12021-bedAED 999K · Jan 2013
12031-bedAED 1.28M · Jan 2022
12041-bedAED 774K · Dec 2012
12051-bedAED 999K · Dec 2012
1206StudioAED 567K · Dec 2012
1207StudioAED 567K · Dec 2012
1–7 of 13

1209, Silverene Tower B in numbers

  • Sold 5 times: first on 7 May 2009 for AED 567,000, last on 7 October 2015 for AED 1,190,000 (AED 2,196 per sqft).
  • Rented since March 2013 on 6 Ejari contracts, from AED 75,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2015 price is 5.7%, before a service charge of about AED 12,100 a year (AED 22.32 per sqft).
  • Studios in Silverene Tower B sold for AED 1,370,000–1,400,000 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 1 June 2019.

Questions about 1209, Silverene Tower B

What did unit 1209 last sell for?

AED 1,190,000 on 7 October 2015: AED 2,196 per sqft for 542 sqft. The unit has 5 registered sales; the first was AED 567,000 in May 2009.

What is the rent for unit 1209?

AED 68,000 a year on the contract signed on 1 June 2019. The previous contract, from April 2018, was AED 85,000; the unit has been rented since March 2013.

How big is unit 1209?

542 sqft (50.4 sqm): a studio on the 12th floor of a 25-storey tower completed in 2011.

What is unit 1209 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.

Selling 1209? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1209, Silverene Tower B

Starts from the last sale price (AED 1.19M, 7 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

Plus AED 54,990 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →