2-bed · 1,057 sqftSilverene Tower A, Dubai Marina · 12th floor · completed 2011

1206, Silverene Tower A

Sold prices and rental history: sold 3 times, last in January 2015, and rented once, from April 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 4 January 2015
Last soldAED 2M4 January 2015
Current rentAED 100K /yr30 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Silverene Tower A

What is 1206 worth today?

Last sold for AED 2,000,000 in 2015

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4 Jan 2015SoldReady
AED 2,000,000AED 1,891 per sqft
30 Apr 2014RentedNew contract
AED 100,000/yr12 months · AED 95 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 4 January 2015.

Key facts

Type
2-bed apartment
Size
1,057 sqft
Floor
12th of 34
Parking
B1-6
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 23,600 /yr
Last sold
AED 2M · January 2015

About 1206, Silverene Tower A

1206 is a two-bedroom apartment of 1,057 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 4 January 2015 for AED 2,000,000, or AED 1,891 per sqft, 11% below the AED 2,120 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 April 2014. The current contract, signed on 30 April 2014, is AED 100,000 a year: a gross yield of 5.0% on the 2015 price, before the service charge of about AED 23,600 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, January 2015: AED 2,000,000 (AED 1,891 per sqft)

1206 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in Silverene Tower A
100K150K2012201620202024Typical 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, April 2014: AED 100,000 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 1206 sits

All 117 2-beds →

1206 last sold in January 2015 at AED 1,891 per sqft, 11% below what two-beds in Silverene Tower A were fetching at the time (AED 2,120). 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. 1206's AED 100,000 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 12th floor

All 266 units in Silverene Tower A
Value
12012-bedAED 1.81M · Nov 2018
12021-bedAED 1.7M · Jun 2024
12031-bedAED 1.44M · Jan 2026
12041-bedAED 1.25M · Jun 2023
12051-bedAED 414K · Apr 2013
12072-bedAED 2.85M · Jul 2025
12082-bedAED 3.4M · Sep 2024
1–7 of 9

1206, Silverene Tower A in numbers

  • Sold 3 times: first on 22 April 2009 for AED 1,560,000, last on 4 January 2015 for AED 2,000,000 (AED 1,891 per sqft).
  • Rented since April 2014 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2015 price is 5.0%, 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 4 January 2015.

Questions about 1206, Silverene Tower A

What did unit 1206 last sell for?

AED 2,000,000 on 4 January 2015: AED 1,891 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 1206?

AED 100,000 a year on the contract signed on 30 April 2014.

How big is unit 1206?

1,057 sqft (98.2 sqm): a two-bedroom apartment on the 12th floor of a 34-storey tower completed in 2011.

What is unit 1206 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 1206, Silverene Tower A

Starts from the last sale price (AED 2M, 4 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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