1-bed · 832 sqftSilverene Tower A, Dubai Marina · 12th floor · completed 2011

1202, Silverene Tower A

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 1.7M3 June 2024
Current rentAED 105K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Silverene Tower A

What is 1202 worth today?

Last sold for AED 1,700,000 in 2024

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3 Jun 2024SoldReady
AED 1,700,000AED 2,044 per sqft
1 Jun 2023RentedNew contract
AED 105,000/yr12 months · AED 126 per sqft
23 May 2022RentedNew contract
AED 95,000/yr12 months · AED 114 per sqft
19 Oct 2021RentedRenewal
AED 73,500/yr12 months · AED 88 per sqft
19 Oct 2020RentedRenewal
AED 70,000/yr12 months · AED 84 per sqft
19 Oct 2019RentedNew contract
AED 76,000/yr12 months · AED 91 per sqft
1 Sep 2018RentedRenewal
AED 94,500/yr12 months · AED 114 per sqft
1 Sep 2017RentedRenewal
AED 94,500/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
12th of 34
Parking
B3-96
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 18,600 /yr
Last sold
AED 1.7M · June 2024

About 1202, Silverene Tower A

1202 is a one-bedroom apartment of 832 sqft on the 12th 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 3 June 2024 for AED 1,700,000, or AED 2,044 per sqft, 4% below the AED 2,133 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 June 2023, is AED 105,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 18,600 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical one-bed in Silverene Tower A
1M1.5M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 760,000; 2009 AED 760,000; 2010 AED 765,000; 2011 AED 837,000; 2012 AED 764,400; 2013 AED 843,500; 2014 AED 1,420,000; 2015 AED 1,500,000; 2016 AED 1,380,000; 2017 AED 1,310,000; 2018 AED 1,500,000; 2019 AED 1,075,000; 2021 AED 1,150,000; 2022 AED 1,130,000; 2023 AED 1,285,000; 2024 AED 1,700,000; 2025 AED 1,670,000; 2026 AED 1,460,000Sold by developer, April 2008: AED 792,000 (AED 952 per sqft)Sold, July 2009: AED 807,840 (AED 971 per sqft)Sold, February 2013: AED 792,000 (AED 952 per sqft)Sold, June 2024: AED 1,700,000 (AED 2,044 per sqft)

1202 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1202, each contractTypical one-bed in Silverene Tower A
60K80K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 74,250; 2014 AED 89,625; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 95,000; 2018 AED 93,000; 2019 AED 83,500; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 79,000; 2023 AED 90,000; 2024 AED 97,750; 2025 AED 100,000; 2026 AED 97,500New contract, September 2013: AED 90,000 a yearNew contract, September 2015: AED 94,500 a yearRenewal, September 2016: AED 94,500 a yearRenewal, September 2017: AED 94,500 a yearRenewal, September 2018: AED 94,500 a yearNew contract, October 2019: AED 76,000 a yearRenewal, October 2020: AED 70,000 a yearRenewal, October 2021: AED 73,500 a yearNew contract, May 2022: AED 95,000 a yearNew contract, June 2023: AED 105,000 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 A, and where 1202 sits

All 99 1-beds →

1202 last sold in June 2024 at AED 2,044 per sqft, 4% below what one-beds in Silverene Tower A were fetching at the time (AED 2,133). Over the last 12 months one-beds sold for AED 1,330,000 to 2,200,000, around AED 2,396 per sqft, and rent for AED 65,000 to 160,000 a year. 1202's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Aug 20261,475,000
7 Aug 20261,450,000
30 Jul 202622,567
22 May 20261,550,000
9 1-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 12th floor

All 266 units in Silverene Tower A
Value
12012-bedAED 1.81M · Nov 2018
12031-bedAED 1.44M · Jan 2026
12041-bedAED 1.25M · Jun 2023
12051-bedAED 414K · Apr 2013
12062-bedAED 2M · Jan 2015
12072-bedAED 2.85M · Jul 2025
12082-bedAED 3.4M · Sep 2024
1–7 of 9

1202, Silverene Tower A in numbers

  • Sold 4 times: first on 10 April 2008 for AED 792,000, last on 3 June 2024 for AED 1,700,000 (AED 2,044 per sqft).
  • Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 70,000 in 2020 and recovered to AED 105,000 by June 2023.
  • At AED 105,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 18,600 a year (AED 22.32 per sqft).
  • One-beds in Silverene Tower A sold for AED 1,330,000–2,200,000 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 3 June 2024.

Questions about 1202, Silverene Tower A

What did unit 1202 last sell for?

AED 1,700,000 on 3 June 2024: AED 2,044 per sqft for 832 sqft. The unit has 4 registered sales; the first was AED 792,000 in April 2008.

What is the rent for unit 1202?

AED 105,000 a year on the contract signed on 1 June 2023. The previous contract, from May 2022, was AED 95,000; the unit has been rented since September 2013.

How big is unit 1202?

832 sqft (77.3 sqm): a one-bedroom apartment on the 12th floor of a 34-storey tower completed in 2011.

What is unit 1202 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 A sold for AED 1,330,000 to 2,200,000 in the last 12 months, around AED 2,396 per sqft.

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Mortgage on 1202, Silverene Tower A

Starts from the last sale price (AED 1.7M, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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