1308, Silverene Tower B
Sold prices and rental history: sold 5 times, last in December 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1308, Silverene Tower B
What is 1308 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 522 sqft
- Floor
- 13th of 25
- Parking
- B3-55
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 1.3M · December 2023
- Building
- Silverene Tower B
About 1308, Silverene Tower B
1308 is a studio of 522 sqft on the 13th 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 19 December 2023 for AED 1,300,000, or AED 2,490 per sqft, 12% above the AED 2,218 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 1 October 2024, is AED 97,000 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 11,600 a year.
Sales and rents for 1308 over time
1308 has sold 5 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 1308 sits
All 89 studios →1308 last sold in December 2023 at AED 2,490 per sqft, 12% above what studios in Silverene Tower B were fetching at the time (AED 2,218). 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 92,502 a year. 1308's AED 97,000 is at the top 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 105K /yr
- Typical yield
- 5.9%
Other units on the 13th floor
All 316 units in Silverene Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,067 sqft | AED 1.8MAED 1,800,000 · Jul 2016July 2016 | 110,250 /yr | |
| 1302 | 1-bed | 832 sqft | AED 999KAED 999,000 · Dec 2012December 2012 | 140,000 /yr | |
| 1303 | 1-bed | 595 sqft | AED 774KAED 774,000 · Dec 2012December 2012 | 100,000 /yr | |
| 1304 | 1-bed | 610 sqft | AED 774KAED 774,000 · Dec 2012December 2012 | 110,000 /yr | |
| 1305 | 1-bed | 832 sqft | AED 999KAED 999,000 · Dec 2012December 2012 | 99,000 /yr | |
| 1306 | Studio | 536 sqft | AED 576KAED 576,000 · Dec 2012December 2012 | 87,500 /yr | |
| 1307 | Studio | 518 sqft | AED 1.24MAED 1,240,000 · Apr 2025April 2025 | 87,500 /yr | |
| 1309 | Studio | 542 sqft | AED 1.2MAED 1,200,000 · Jun 2024June 2024 | 100,000 /yr | |
| 1310 | 1-bed | 832 sqft | AED 1.82MAED 1,820,000 · Sep 2024September 2024 | ||
| 1311 | 1-bed | 609 sqft | AED 657KAED 657,000 · Nov 2013November 2013 | 105,000 /yr | |
| 1312 | 1-bed | 595 sqft | AED 1.18MAED 1,175,000 · Jun 2022June 2022 | 90,000 /yr | |
| 1313 | 1-bed | 832 sqft | AED 792KAED 792,000 · Dec 2012December 2012 | 100,000 /yr | |
| 1314 | 2-bed | 1,067 sqft | AED 2.65MAED 2,650,000 · Dec 2024December 2024 | 120,000 /yr |
1308, Silverene Tower B in numbers
- Sold 5 times: first on 28 April 2009 for AED 650,000, last on 19 December 2023 for AED 1,300,000 (AED 2,490 per sqft).
- Rented since August 2016 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 58,154 in 2018 and recovered to AED 97,000 by October 2024.
- At AED 97,000 a year the gross yield on the 2023 price is 7.5%, 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 1 October 2024.
Questions about 1308, Silverene Tower B
What did unit 1308 last sell for?
AED 1,300,000 on 19 December 2023: AED 2,490 per sqft for 522 sqft. The unit has 5 registered sales; the first was AED 650,000 in April 2009.
What is the rent for unit 1308?
AED 97,000 a year on the contract signed on 1 October 2024. The previous contract, from February 2024, was AED 90,000; the unit has been rented since August 2016.
How big is unit 1308?
522 sqft (48.5 sqm): a studio on the 13th floor of a 25-storey tower completed in 2011.
What is unit 1308 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 1308, Silverene Tower B
Starts from the last sale price (AED 1.3M, 19 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →