306, Silverene Tower B
Sold prices and rental history: sold twice, last in April 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Silverene Tower B
What is 306 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 November 2023.
Key facts
- Type
- Studio apartment
- Size
- 526 sqft
- Floor
- 3rd of 25
- Parking
- G-4
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 11,800 /yr
- Last sold
- AED 495K · April 2013
- Building
- Silverene Tower B
About 306, Silverene Tower B
306 is a studio of 526 sqft on the 3rd 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 29 April 2013 for AED 495,000, or AED 940 per sqft, 15% below the AED 1,103 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 11 November 2023, is AED 90,000 a year: a gross yield of 18.2% on the 2013 price, before the service charge of about AED 11,800 a year.
Sales and rents for 306 over time
306 has sold twice; 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 306 sits
All 89 studios →306 last sold in April 2013 at AED 940 per sqft, 15% below what studios in Silverene Tower B were fetching at the time (AED 1,103). 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. 306's AED 90,000 is in the upper 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 3rd floor
All 316 units in Silverene Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,036 sqft | AED 1.75MAED 1,750,000 · May 2013May 2013 | 150,000 /yr | |
| 302 | 1-bed | 811 sqft | AED 1.85MAED 1,850,000 · Feb 2024February 2024 | 155,000 /yr | |
| 303 | 1-bed | 609 sqft | AED 1.62MAED 1,620,000 · Mar 2024March 2024 | 90,000 /yr | |
| 304 | 1-bed | 603 sqft | AED 675KAED 675,000 · Dec 2012December 2012 | 94,710 /yr | |
| 305 | 1-bed | 804 sqft | AED 873KAED 873,000 · Feb 2013February 2013 | 144,394 /yr | |
| 307 | Studio | 510 sqft | AED 1.17MAED 1,165,000 · Jun 2014June 2014 | 85,000 /yr | |
| 308 | Studio | 522 sqft | AED 1.34MAED 1,335,000 · Jan 2016January 2016 | 85,000 /yr | |
| 309 | Studio | 444 sqft | AED 378KAED 378,000 · Dec 2012December 2012 | 78,750 /yr | |
| 312 | 1-bed | 609 sqft | AED 1.18MAED 1,180,000 · Sep 2014September 2014 | 89,250 /yr | |
| 313 | 1-bed | 812 sqft | AED 969KAED 969,000 · Dec 2012December 2012 | 120,000 /yr | |
| 314 | 2-bed | 1,036 sqft | AED 1.25MAED 1,250,000 · Dec 2012December 2012 | 155,000 /yr |
306, Silverene Tower B in numbers
- Sold twice: first on 14 August 2012 for AED 495,000, last on 29 April 2013 for AED 495,000 (AED 940 per sqft).
- Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 52,446 in 2023 and recovered to AED 90,000 by November 2023.
- At AED 90,000 a year the gross yield on the 2013 price is 18.2%, before a service charge of about AED 11,800 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 11 November 2023.
Questions about 306, Silverene Tower B
What did unit 306 last sell for?
AED 495,000 on 29 April 2013: AED 940 per sqft for 526 sqft. The unit has 2 registered sales; the first was AED 495,000 in August 2012.
What is the rent for unit 306?
AED 90,000 a year on the contract signed on 11 November 2023. The previous contract, from February 2023, was AED 52,446; the unit has been rented since April 2015.
How big is unit 306?
526 sqft (48.9 sqm): a studio on the 3rd floor of a 25-storey tower completed in 2011.
What is unit 306 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 306, Silverene Tower B
Starts from the last sale price (AED 495K, 29 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 495,000
- Deposit, UAE resident (20%)
- AED 99,000
- Deposit, non-resident (40%)
- AED 198,000
- Monthly over 25 years at 3.7%
- AED 2,025
Plus AED 23,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →