401, Silverene Tower B
Sold prices and rental history: sold 3 times, last in November 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Silverene Tower B
What is 401 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 17 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,066 sqft
- Floor
- 4th of 25
- Parking
- P1-2
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 23,800 /yr
- Last sold
- AED 1.72M · November 2013
- Building
- Silverene Tower B
About 401, Silverene Tower B
401 is a two-bedroom apartment of 1,066 sqft on the 4th 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 21 November 2013 for AED 1,715,000, or AED 1,609 per sqft, 20% above the AED 1,340 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 17 July 2024, is AED 131,250 a year: a gross yield of 7.6% on the 2013 price, before the service charge of about AED 23,800 a year.
Sales and rents for 401 over time
401 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Silverene Tower B, and where 401 sits
All 45 2-beds →401 last sold in November 2013 at AED 1,609 per sqft, 20% above what two-beds in Silverene Tower B were fetching at the time (AED 1,340). 401's AED 131,250 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jun 202513 June 2025 | 1,067 sqft | 2,350,000 | 2,202 | ||
| 18 Mar 202518 March 2025 | 1,067 sqft | 2,500,000 | 2,342 | ||
| 26 Feb 202526 February 2025 | 1,067 sqft | 2,360,000 | 2,211 | ||
| 16 Dec 202416 December 2024 | 1,067 sqft | 2,650,000 | 2,483 |
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 4th floor
All 316 units in Silverene Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 831 sqft | AED 970KAED 970,000 · Dec 2012December 2012 | 130,000 /yr | |
| 403 | 609 sqft | AED 1.3MAED 1,300,000 · Feb 2014February 2014 | 120,000 /yr | ||
| 404 | 1-bed | 599 sqft | AED 1.83MAED 1,825,000 · Dec 2023December 2023 | 90,000 /yr | |
| 405 | 1-bed | 829 sqft | AED 1.32MAED 1,320,000 · Apr 2021April 2021 | 85,000 /yr | |
| 406 | Studio | 541 sqft | AED 1.2MAED 1,200,000 · Sep 2016September 2016 | 85,000 /yr | |
| 407 | Studio | 518 sqft | AED 1MAED 1,000,000 · Jul 2022July 2022 | 95,000 /yr | |
| 408 | Studio | 540 sqft | AED 958KAED 958,262 · Aug 2024August 2024 | 84,000 /yr | |
| 409 | Studio | 444 sqft | AED 820KAED 820,000 · May 2021May 2021 | 80,000 /yr | |
| 410 | 1-bed | 731 sqft | AED 1.48MAED 1,475,000 · Sep 2024September 2024 | 96,000 /yr | |
| 411 | 1-bed | 599 sqft | AED 599KAED 599,000 · Nov 2014November 2014 | 80,000 /yr | |
| 412 | 1-bed | 609 sqft | AED 576KAED 576,000 · Jul 2013July 2013 | ||
| 413 | 1-bed | 831 sqft | AED 1.3MAED 1,300,000 · Jan 2017January 2017 | 112,000 /yr | |
| 414 | 2-bed | 1,066 sqft | AED 489KAED 489,200 · Apr 2013April 2013 |
401, Silverene Tower B in numbers
- Sold 3 times: first on 26 April 2009 for AED 1,260,000, last on 21 November 2013 for AED 1,715,000 (AED 1,609 per sqft).
- Rented since June 2019 on 5 Ejari contracts. The rent fell from AED 115,000 to AED 100,000 in 2021 and recovered to AED 131,250 by July 2024.
- At AED 131,250 a year the gross yield on the 2013 price is 7.6%, before a service charge of about AED 23,800 a year (AED 22.32 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 17 July 2024.
Questions about 401, Silverene Tower B
What did unit 401 last sell for?
AED 1,715,000 on 21 November 2013: AED 1,609 per sqft for 1,066 sqft. The unit has 3 registered sales; the first was AED 1,260,000 in April 2009.
What is the rent for unit 401?
AED 131,250 a year on the contract renewed on 17 July 2024. The previous contract, from July 2023, was AED 125,000; the unit has been rented since June 2019.
How big is unit 401?
1,066 sqft (99.0 sqm): a two-bedroom apartment on the 4th floor of a 25-storey tower completed in 2011.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 401, Silverene Tower B
Starts from the last sale price (AED 1.72M, 21 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,715,000
- Deposit, UAE resident (20%)
- AED 343,000
- Deposit, non-resident (40%)
- AED 686,000
- Monthly over 25 years at 3.7%
- AED 7,017
Plus AED 77,040 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →