1-bed · 832 sqftSilverene Tower A, Dubai Marina · 14th floor · completed 2011

1402, Silverene Tower A

Sold prices and rental history: sold 5 times, last in November 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 1.69M13 November 2023
Current rentAED 135K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Silverene Tower A

What is 1402 worth today?

Last sold for AED 1,690,000 in 2023

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15 Dec 2024RentedRenewal
AED 135,000/yr12 months · AED 163 per sqft
15 Dec 2024RentedRenewal
AED 135,000/yr12 months · AED 163 per sqft
15 Dec 2023RentedNew contract
AED 135,000/yr12 months · AED 163 per sqft
13 Nov 2023SoldReady
AED 1,690,000AED 2,032 per sqft
30 Jun 2022RentedNew contract
AED 87,000/yr12 months · AED 105 per sqft
30 Jun 2021RentedNew contract
AED 82,000/yr12 months · AED 99 per sqft
2 Nov 2019RentedNew contract
AED 90,000/yr12 months · AED 109 per sqft
21 Oct 2019SoldReady
AED 1,200,000AED 1,443 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
14th of 34
Parking
B3-103
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 18,600 /yr
Last sold
AED 1.69M · November 2023

About 1402, Silverene Tower A

1402 is a one-bedroom apartment of 832 sqft on the 14th 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 13 November 2023 for AED 1,690,000, or AED 2,032 per sqft, in line with the AED 2,069 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 135,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 18,600 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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 2009: AED 822,800 (AED 989 per sqft)Sold, October 2012: AED 822,800 (AED 989 per sqft)Sold, February 2018: AED 1,500,000 (AED 1,803 per sqft)Sold, October 2019: AED 1,200,000 (AED 1,443 per sqft)Sold, November 2023: AED 1,690,000 (AED 2,032 per sqft)

1402 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1402, each contractTypical one-bed in Silverene Tower A
100K2012201620202024Typical 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, December 2012: AED 75,000 a yearNew contract, November 2019: AED 90,000 a yearNew contract, June 2021: AED 82,000 a yearNew contract, June 2022: AED 87,000 a yearNew contract, December 2023: AED 135,000 a yearRenewal, December 2024: AED 135,000 a yearRenewal, December 2024: AED 135,000 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 1402 sits

All 99 1-beds →

1402 last sold in November 2023 at AED 2,032 per sqft, in line with what one-beds in Silverene Tower A were fetching at the time (AED 2,069). 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. 1402's AED 135,000 is in the upper 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 14th floor

All 266 units in Silverene Tower A
Value
14012-bedAED 2.05M · Jun 2022
14031-bedAED 1.13M · Oct 2018
14041-bedAED 683K · Oct 2012
14051-bedAED 1.75M · Jun 2014
14062-bedAED 1.85M · Jan 2018
14072-bedAED 2.4M · Feb 2025
14082-bedAED 2.32M · Oct 2012
1–7 of 9

1402, Silverene Tower A in numbers

  • Sold 5 times: first on 23 April 2009 for AED 822,800, last on 13 November 2023 for AED 1,690,000 (AED 2,032 per sqft).
  • Rented since December 2012 on 7 Ejari contracts, from AED 75,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2023 price is 8.0%, 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 15 December 2024.

Questions about 1402, Silverene Tower A

What did unit 1402 last sell for?

AED 1,690,000 on 13 November 2023: AED 2,032 per sqft for 832 sqft. The unit has 5 registered sales; the first was AED 822,800 in April 2009.

What is the rent for unit 1402?

AED 135,000 a year on the contract renewed on 15 December 2024. The previous contract, from December 2024, was AED 135,000; the unit has been rented since December 2012.

How big is unit 1402?

832 sqft (77.3 sqm): a one-bedroom apartment on the 14th floor of a 34-storey tower completed in 2011.

What is unit 1402 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 1402, Silverene Tower A

Starts from the last sale price (AED 1.69M, 13 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,690,000
Deposit, UAE resident (20%)
AED 338,000
Deposit, non-resident (40%)
AED 676,000
Monthly over 25 years at 3.7%
AED 6,914

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