1-bed · 597 sqftSilverene Tower B, Dubai Marina · 18th floor · completed 2011

1812, Silverene Tower B

Sold prices and rental history: sold 4 times, last in May 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1812 · DLD and Ejari recordsUpdated 31 May 2023
Last soldAED 1.19M31 May 2023
Current rentAED 85K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1812, Silverene Tower B

What is 1812 worth today?

Last sold for AED 1,190,000 in 2023

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31 May 2023SoldReady
AED 1,190,000AED 1,993 per sqft
1 Dec 2022RentedNew contract
AED 85,000/yr12 months · AED 142 per sqft
1 Oct 2020RentedNew contract
AED 72,000/yr12 months · AED 121 per sqft
15 Aug 2018RentedNew contract
AED 85,000/yr12 months · AED 144 per sqft
3 Mar 2014SoldReady
AED 1,230,000AED 2,060 per sqft
10 Feb 2013SoldReady
AED 675,000AED 1,130 per sqft
28 Apr 2009Sold by developerOff-plan
AED 675,000AED 1,130 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2023.

Key facts

Type
1-bed apartment
Size
597 sqft
Floor
18th of 25
Parking
B2-39
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 13,300 /yr
Last sold
AED 1.19M · May 2023

About 1812, Silverene Tower B

1812 is a one-bedroom apartment of 597 sqft on the 18th 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 31 May 2023 for AED 1,190,000, or AED 1,993 per sqft, 5% below the AED 2,103 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 December 2022, is AED 85,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 13,300 a year.

Sales and rents for 1812 over time

Sales
Unit 1812, each saleTypical one-bed in Silverene Tower B
1M2M2007201220172022Typical sale price by year: 2007 AED 873,000; 2008 AED 750,000; 2009 AED 810,000; 2010 AED 841,000; 2011 AED 801,000; 2012 AED 850,000; 2013 AED 873,000; 2014 AED 1,450,000; 2015 AED 1,402,500; 2016 AED 1,600,000; 2017 AED 1,410,000; 2018 AED 1,435,000; 2019 AED 950,000; 2020 AED 925,000; 2021 AED 1,275,000; 2022 AED 1,350,000; 2023 AED 1,500,000; 2024 AED 1,647,500; 2025 AED 1,840,000Sold by developer, April 2009: AED 675,000 (AED 1,130 per sqft)Sold, February 2013: AED 675,000 (AED 1,130 per sqft)Sold, March 2014: AED 1,230,000 (AED 2,060 per sqft)Sold, May 2023: AED 1,190,000 (AED 1,993 per sqft)

1812 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1812, each contractTypical one-bed in Silverene Tower B
80K100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 85,000; 2014 AED 94,500; 2015 AED 104,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 86,500; 2020 AED 80,000; 2021 AED 74,279; 2022 AED 82,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 110,000New contract, August 2018: AED 85,000 a yearNew contract, October 2020: AED 72,000 a yearNew contract, December 2022: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Silverene Tower B, and where 1812 sits

All 173 1-beds →

1812 last sold in May 2023 at AED 1,993 per sqft, 5% below what one-beds in Silverene Tower B were fetching at the time (AED 2,103). Over the last 12 months one-beds sold for AED 1,470,000 to 2,275,000, around AED 2,606 per sqft, and rent for AED 72,000 to 155,000 a year. 1812's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20261,470,000
8 Jan 202656,923
15 Dec 20252,275,000
12 May 20251,795,000
3 1-bed 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 18th floor

All 316 units in Silverene Tower B
Value
18012-bedAED 2.35M · Jun 2025
18021-bedAED 1.64M · May 2017
18031-bedAED 1.6M · Jun 2016
18041-bedAED 1.54M · Jan 2015
18051-bedAED 1.5M · Sep 2014
1806StudioAED 800K · Mar 2013
1807StudioAED 1.2M · Jun 2014
1–7 of 13

1812, Silverene Tower B in numbers

  • Sold 4 times: first on 28 April 2009 for AED 675,000, last on 31 May 2023 for AED 1,190,000 (AED 1,993 per sqft).
  • Rented since August 2018 on 3 Ejari contracts. The rent fell from AED 85,000 to AED 72,000 in 2020 and recovered to AED 85,000 by December 2022.
  • At AED 85,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 13,300 a year (AED 22.32 per sqft).
  • One-beds in Silverene Tower B sold for AED 1,470,000–2,275,000 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 31 May 2023.

Questions about 1812, Silverene Tower B

What did unit 1812 last sell for?

AED 1,190,000 on 31 May 2023: AED 1,993 per sqft for 597 sqft. The unit has 4 registered sales; the first was AED 675,000 in April 2009.

What is the rent for unit 1812?

AED 85,000 a year on the contract signed on 1 December 2022. The previous contract, from October 2020, was AED 72,000; the unit has been rented since August 2018.

How big is unit 1812?

597 sqft (55.5 sqm): a one-bedroom apartment on the 18th floor of a 25-storey tower completed in 2011.

What is unit 1812 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silverene Tower B sold for AED 1,470,000 to 2,275,000 in the last 12 months, around AED 2,606 per sqft.

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Mortgage on 1812, Silverene Tower B

Starts from the last sale price (AED 1.19M, 31 May 2023). 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 →