1-bed · 812 sqftSilverene Tower B, Dubai Marina · 3rd floor · completed 2011

313, Silverene Tower B

Sold prices and rental history: sold 3 times, last in December 2012, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 6 February 2024
Last soldAED 969K17 December 2012
Current rentAED 120K /yr6 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Silverene Tower B

What is 313 worth today?

Last sold for AED 969,000 in 2012

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6 Feb 2024RentedNew contract
AED 120,000/yr13 months · AED 149 per sqft
5 Oct 2023RentedRenewal
AED 85,403/yr2 months · AED 106 per sqft
5 Oct 2022RentedNew contract
AED 85,000/yr12 months · AED 105 per sqft
1 Oct 2021RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
15 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
17 Dec 2012SoldReady
AED 969,000AED 1,194 per sqft
10 Dec 2012SoldReady
AED 684,000AED 842 per sqft
26 Apr 2009Sold by developerOff-plan
AED 684,000AED 842 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 February 2024.

Key facts

Type
1-bed apartment
Size
812 sqft
Floor
3rd of 25
Parking
B2-65
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 18,100 /yr
Last sold
AED 969K · December 2012

About 313, Silverene Tower B

313 is a one-bedroom apartment of 812 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 17 December 2012 for AED 969,000, or AED 1,194 per sqft, 4% below the AED 1,238 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 6 February 2024, is AED 120,000 a year: a gross yield of 12.4% on the 2012 price, before the service charge of about AED 18,100 a year.

Sales and rents for 313 over time

Sales
Unit 313, 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 684,000 (AED 842 per sqft)Sold, December 2012: AED 969,000 (AED 1,194 per sqft)Sold, December 2012: AED 684,000 (AED 842 per sqft)

313 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 313, each contractTypical one-bed in Silverene Tower B
50K100K2012201620202024Typical 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, February 2021: AED 60,000 a yearNew contract, October 2021: AED 70,000 a yearNew contract, October 2022: AED 85,000 a yearRenewal, October 2023: AED 85,403 a yearNew contract, February 2024: AED 120,000 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 313 sits

All 173 1-beds →

313 last sold in December 2012 at AED 1,194 per sqft, 4% below what one-beds in Silverene Tower B were fetching at the time (AED 1,238). 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. 313's AED 120,000 is in the upper 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 3rd floor

All 316 units in Silverene Tower B
Value
3012-bedAED 1.75M · May 2013
3021-bedAED 1.85M · Feb 2024
3031-bedAED 1.62M · Mar 2024
3041-bedAED 675K · Dec 2012
3051-bedAED 873K · Feb 2013
306StudioAED 495K · Apr 2013
307StudioAED 1.17M · Jun 2014
1–7 of 11

313, Silverene Tower B in numbers

  • Sold 3 times: first on 26 April 2009 for AED 684,000, last on 17 December 2012 for AED 969,000 (AED 1,194 per sqft).
  • Rented since February 2021 on 5 Ejari contracts, from AED 60,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2012 price is 12.4%, before a service charge of about AED 18,100 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 6 February 2024.

Questions about 313, Silverene Tower B

What did unit 313 last sell for?

AED 969,000 on 17 December 2012: AED 1,194 per sqft for 812 sqft. The unit has 3 registered sales; the first was AED 684,000 in April 2009.

What is the rent for unit 313?

AED 120,000 a year on the contract signed on 6 February 2024. The previous contract, from October 2023, was AED 85,403; the unit has been rented since February 2021.

How big is unit 313?

812 sqft (75.4 sqm): a one-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2011.

What is unit 313 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 313, Silverene Tower B

Starts from the last sale price (AED 969K, 17 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 969,000
Deposit, UAE resident (20%)
AED 193,800
Deposit, non-resident (40%)
AED 387,600
Monthly over 25 years at 3.7%
AED 3,964

Plus AED 45,708 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →