2-bed · 1,427 sqftSilverene Tower A, Dubai Marina · 12th floor · completed 2011

1208, Silverene Tower A

Sold prices and rental history: sold 5 times, last in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 26 September 2024
Last soldAED 3.4M26 September 2024
Current rentAED 148K /yr15 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Silverene Tower A

What is 1208 worth today?

Last sold for AED 3,400,000 in 2024

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26 Sep 2024SoldReady
AED 3,400,000AED 2,382 per sqft
15 Apr 2022RentedNew contract
AED 148,000/yr12 months · AED 104 per sqft
15 Apr 2021RentedNew contract
AED 148,000/yr12 months · AED 103 per sqft
29 Aug 2016SoldReady
AED 3,150,000AED 2,207 per sqft
21 Feb 2013SoldReady
AED 2,540,000AED 1,779 per sqft
4 Feb 2013SoldReady
AED 1,890,000AED 1,324 per sqft
23 Apr 2009Sold by developerOff-plan
AED 1,890,000AED 1,324 per sqft

Source: Dubai Land Department. Updated 26 September 2024.

Key facts

Type
2-bed apartment
Size
1,427 sqft
Floor
12th of 34
Parking
B3-71,B3-71T
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 31,900 /yr
Last sold
AED 3.4M · September 2024

About 1208, Silverene Tower A

1208 is a two-bedroom apartment of 1,427 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 26 September 2024 for AED 3,400,000, or AED 2,382 per sqft, 4% above the AED 2,301 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 15 April 2022, is AED 148,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 31,900 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, 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 1,890,000 (AED 1,324 per sqft)Sold, February 2013: AED 2,540,000 (AED 1,779 per sqft)Sold, February 2013: AED 1,890,000 (AED 1,324 per sqft)Sold, August 2016: AED 3,150,000 (AED 2,207 per sqft)Sold, September 2024: AED 3,400,000 (AED 2,382 per sqft)

1208 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1208, 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, April 2021: AED 148,000 a yearNew contract, April 2022: AED 148,000 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 1208 sits

All 117 2-beds →

1208 last sold in September 2024 at AED 2,382 per sqft, 4% above what two-beds in Silverene Tower A were fetching at the time (AED 2,301). 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. 1208's AED 148,000 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
12062-bedAED 2M · Jan 2015
12072-bedAED 2.85M · Jul 2025
1–7 of 9

1208, Silverene Tower A in numbers

  • Sold 5 times: first on 23 April 2009 for AED 1,890,000, last on 26 September 2024 for AED 3,400,000 (AED 2,382 per sqft).
  • Rented since April 2021 on 2 Ejari contracts, at AED 148,000 a year.
  • At AED 148,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 31,900 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 26 September 2024.

Questions about 1208, Silverene Tower A

What did unit 1208 last sell for?

AED 3,400,000 on 26 September 2024: AED 2,382 per sqft for 1,427 sqft. The unit has 5 registered sales; the first was AED 1,890,000 in April 2009.

What is the rent for unit 1208?

AED 148,000 a year on the contract signed on 15 April 2022. The previous contract, from April 2021, was AED 148,000.

How big is unit 1208?

1,427 sqft (132.6 sqm): a two-bedroom apartment on the 12th floor of a 34-storey tower completed in 2011.

What is unit 1208 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 1208, Silverene Tower A

Starts from the last sale price (AED 3.4M, 26 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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