2-bed · 1,441 sqftSilverene Tower A, Dubai Marina · 13th floor · completed 2011

1309, Silverene Tower A

Sold prices and rental history: sold 4 times, last in April 2020, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1309 · DLD and Ejari recordsUpdated 28 April 2020
Last soldAED 1.85M28 April 2020
Current rentAED 160K /yr9 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Silverene Tower A

What is 1309 worth today?

Last sold for AED 1,850,000 in 2020

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28 Apr 2020SoldReady
AED 1,850,000AED 1,283 per sqft
9 Feb 2020RentedNew contract
AED 160,000/yr12 months · AED 111 per sqft
11 Feb 2019RentedRenewal
AED 225,000/yr12 months · AED 156 per sqft
11 Feb 2018RentedNew contract
AED 225,000/yr12 months · AED 156 per sqft
1 Feb 2016RentedNew contract
AED 195,000/yr12 months · AED 135 per sqft
14 Jun 2015SoldReady
AED 875,000AED 607 per sqft
8 Dec 2011SoldOff-plan
AED 875,000AED 607 per sqft
23 Apr 2009Sold by developerOff-plan
AED 1,899,000AED 1,317 per sqft

Source: Dubai Land Department. Updated 28 April 2020.

Key facts

Type
2-bed apartment
Size
1,441 sqft
Floor
13th of 34
Parking
B3-73,B3-73T
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 32,200 /yr
Last sold
AED 1.85M · April 2020

About 1309, Silverene Tower A

1309 is a two-bedroom apartment of 1,441 sqft on the 13th 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 28 April 2020 for AED 1,850,000, or AED 1,283 per sqft, 5% below the AED 1,357 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 9 February 2020, is AED 160,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1309 over time

Sales
Unit 1309, 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 1,899,000 (AED 1,317 per sqft)Sold, December 2011: AED 875,000 (AED 607 per sqft)Sold, June 2015: AED 875,000 (AED 607 per sqft)Sold, April 2020: AED 1,850,000 (AED 1,283 per sqft)

1309 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1309, each contractTypical two-bed in Silverene Tower A
100K150K200K2012201620202024Typical 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, February 2016: AED 195,000 a yearNew contract, February 2018: AED 225,000 a yearRenewal, February 2019: AED 225,000 a yearNew contract, February 2020: AED 160,000 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 1309 sits

All 117 2-beds →

1309 last sold in April 2020 at AED 1,283 per sqft, 5% below what two-beds in Silverene Tower A were fetching at the time (AED 1,357). 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. 1309's AED 160,000 is in the upper 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 13th floor

All 266 units in Silverene Tower A
Value
13012-bedAED 2.35M · Sep 2014
13021-bedAED 1.45M · Feb 2014
13031-bedAED 1.33M · May 2014
13041-bedAED 1.3M · Nov 2023
13051-bedAED 1.72M · Feb 2023
13062-bedAED 1.15M · Feb 2013
13072-bedAED 2.55M · May 2023
1–7 of 9

1309, Silverene Tower A in numbers

  • Sold 4 times: first on 23 April 2009 for AED 1,899,000, last on 28 April 2020 for AED 1,850,000 (AED 1,283 per sqft).
  • Rented since February 2016 on 4 Ejari contracts, from AED 195,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 32,200 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 28 April 2020.

Questions about 1309, Silverene Tower A

What did unit 1309 last sell for?

AED 1,850,000 on 28 April 2020: AED 1,283 per sqft for 1,441 sqft. The unit has 4 registered sales; the first was AED 1,899,000 in April 2009.

What is the rent for unit 1309?

AED 160,000 a year on the contract signed on 9 February 2020. The previous contract, from February 2019, was AED 225,000; the unit has been rented since February 2016.

How big is unit 1309?

1,441 sqft (133.9 sqm): a two-bedroom apartment on the 13th floor of a 34-storey tower completed in 2011.

What is unit 1309 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 1309, Silverene Tower A

Starts from the last sale price (AED 1.85M, 28 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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