2-bed · 1,057 sqftSilverene Tower A, Dubai Marina · 11th floor · completed 2011

1106, Silverene Tower A

Sold prices and rental history: sold 3 times, last in December 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 8 December 2015
Last soldAED 2.2M8 December 2015
Current rentAED 150K /yr16 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Silverene Tower A

What is 1106 worth today?

Last sold for AED 2,200,000 in 2015

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8 Dec 2015SoldReady
AED 2,200,000AED 2,080 per sqft
16 Jul 2014RentedNew contract
AED 150,000/yr12 months · AED 142 per sqft
16 Jul 2013RentedNew contract
AED 150,000/yr12 months · AED 142 per sqft
16 Oct 2012SoldReady
AED 1,560,000AED 1,475 per sqft
22 Apr 2009Sold by developerOff-plan
AED 1,560,000AED 1,475 per sqft

Source: Dubai Land Department. Updated 8 December 2015.

Key facts

Type
2-bed apartment
Size
1,057 sqft
Floor
11th of 34
Parking
B3-207
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 23,600 /yr
Last sold
AED 2.2M · December 2015

About 1106, Silverene Tower A

1106 is a two-bedroom apartment of 1,057 sqft on the 11th floor of Silverene Tower A, a 34-storey tower in Dubai Marina completed in 2011 by Cayan Real Estate Investment & Development. It last sold on 8 December 2015 for AED 2,200,000, or AED 2,080 per sqft, 6% below the AED 2,216 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 16 July 2014, is AED 150,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 23,600 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical two-bed in Silverene Tower A
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,511,500; 2010 AED 1,460,250; 2011 AED 1,232,500; 2012 AED 1,534,500; 2013 AED 1,754,000; 2014 AED 2,400,000; 2015 AED 2,300,000; 2016 AED 2,175,000; 2017 AED 2,300,000; 2018 AED 2,300,000; 2019 AED 1,700,000; 2020 AED 1,560,000; 2021 AED 1,750,000; 2022 AED 2,050,000; 2023 AED 2,394,442; 2024 AED 2,500,000; 2025 AED 2,800,000; 2026 AED 2,523,908Sold by developer, April 2009: AED 1,560,000 (AED 1,475 per sqft)Sold, October 2012: AED 1,560,000 (AED 1,475 per sqft)Sold, December 2015: AED 2,200,000 (AED 2,080 per sqft)

1106 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1106, each contractTypical two-bed in Silverene Tower A
125K150K2012201620202024Typical rent by year: 2012 AED 125,285; 2013 AED 130,000; 2014 AED 150,000; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 150,000; 2018 AED 147,500; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 115,000; 2022 AED 130,000; 2023 AED 140,000; 2024 AED 157,906; 2025 AED 160,000; 2026 AED 160,000New contract, July 2013: AED 150,000 a yearNew contract, July 2014: AED 150,000 a year

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 A, and where 1106 sits

All 117 2-beds →

1106 last sold in December 2015 at AED 2,080 per sqft, 6% below what two-beds in Silverene Tower A were fetching at the time (AED 2,216). Over the last 12 months two-beds sold for AED 2,025,000 to 4,100,000, around AED 2,310 per sqft, and rent for AED 80,194 to 220,000 a year. 1106's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20262,250,000
11 May 20262,025,000
24 Apr 20262,525,000
4 Mar 20262,522,816
6 2-bed sales in the last 12 months

Silverene Tower A

Building

266 apartments, 1-bed to 5-bed over 34 floors in Dubai Marina, completed in 2011 by Cayan Real Estate Investment & Development. 19 sold in the last 12 months.

Typical price per sqft
AED 2,376 Down 0.6%
Typical sale
AED 2.25M
Typical rent
AED 131K /yr
Typical yield
5.7%
Silverene Tower A, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 266 units in Silverene Tower A
Value
11012-bedAED 1.13M · Oct 2012
11021-bedAED 1.38M · Jun 2021
11031-bedAED 945K · May 2019
11041-bedAED 1.27M · Apr 2023
11051-bedAED 700K · Sep 2016
11072-bedAED 2.55M · Sep 2023
11082-bedAED 1.88M · Sep 2013
1–7 of 9

1106, Silverene Tower A in numbers

  • Sold 3 times: first on 22 April 2009 for AED 1,560,000, last on 8 December 2015 for AED 2,200,000 (AED 2,080 per sqft).
  • Rented since July 2013 on 2 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 23,600 a year (AED 22.32 per sqft).
  • Two-beds in Silverene Tower A sold for AED 2,025,000–4,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,376 per sqft.

Source: Dubai Land Department. Updated 8 December 2015.

Questions about 1106, Silverene Tower A

What did unit 1106 last sell for?

AED 2,200,000 on 8 December 2015: AED 2,080 per sqft for 1,057 sqft. The unit has 3 registered sales; the first was AED 1,560,000 in April 2009.

What is the rent for unit 1106?

AED 150,000 a year on the contract signed on 16 July 2014. The previous contract, from July 2013, was AED 150,000.

How big is unit 1106?

1,057 sqft (98.2 sqm): a two-bedroom apartment on the 11th floor of a 34-storey tower completed in 2011.

What is unit 1106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silverene Tower A sold for AED 2,025,000 to 4,100,000 in the last 12 months, around AED 2,310 per sqft.

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Mortgage on 1106, Silverene Tower A

Starts from the last sale price (AED 2.2M, 8 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →