1-bed · 596 sqftSilverene Tower A, Dubai Marina · 14th floor · completed 2011

1404, Silverene Tower A

Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 683K9 October 2012
Current rentAED 88K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Silverene Tower A

What is 1404 worth today?

Last sold for AED 682,550 in 2012

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10 Oct 2024RentedNew contract
AED 88,200/yr12 months · AED 149 per sqft
10 Oct 2024RentedNew contract
AED 88,200/yr12 months · AED 149 per sqft
10 Oct 2023RentedNew contract
AED 84,000/yr12 months · AED 141 per sqft
10 Oct 2022RentedNew contract
AED 78,000/yr12 months · AED 132 per sqft
10 Jun 2020RentedRenewal
AED 60,000/yr12 months · AED 101 per sqft
10 Jun 2019RentedNew contract
AED 68,000/yr12 months · AED 115 per sqft
25 Aug 2016RentedNew contract
AED 80,000/yr12 months · AED 135 per sqft
15 Jan 2015RentedNew contract
AED 77,241/yr18 months · AED 130 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
14th of 34
Parking
B3-105
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 13,300 /yr
Last sold
AED 683K · October 2012

About 1404, Silverene Tower A

1404 is a one-bedroom apartment of 596 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 9 October 2012 for AED 682,550, or AED 1,146 per sqft, 4% above the AED 1,103 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 10 October 2024, is AED 88,200 a year: a gross yield of 12.9% on the 2012 price, before the service charge of about AED 13,300 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical one-bed in Silverene Tower A
500K1M1.5M20072012201720222027Typical 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 682,550 (AED 1,146 per sqft)Sold, October 2012: AED 682,550 (AED 1,146 per sqft)

1404 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1404, 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, July 2013: AED 67,167 a yearNew contract, January 2015: AED 77,241 a yearNew contract, August 2016: AED 80,000 a yearNew contract, June 2019: AED 68,000 a yearRenewal, June 2020: AED 60,000 a yearNew contract, October 2022: AED 78,000 a yearNew contract, October 2023: AED 84,000 a yearNew contract, October 2024: AED 88,200 a yearNew contract, October 2024: AED 88,200 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 1404 sits

All 99 1-beds →

1404 last sold in October 2012 at AED 1,146 per sqft, 4% above what one-beds in Silverene Tower A were fetching at the time (AED 1,103). 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. 1404's AED 88,200 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 14th floor

All 266 units in Silverene Tower A
Value
14012-bedAED 2.05M · Jun 2022
14021-bedAED 1.69M · Nov 2023
14031-bedAED 1.13M · Oct 2018
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

1404, Silverene Tower A in numbers

  • Sold twice: first on 23 April 2009 for AED 682,550, last on 9 October 2012 for AED 682,550 (AED 1,146 per sqft).
  • Rented since July 2013 on 9 Ejari contracts. The rent fell from AED 67,167 to AED 60,000 in 2020 and recovered to AED 88,200 by October 2024.
  • At AED 88,200 a year the gross yield on the 2012 price is 12.9%, before a service charge of about AED 13,300 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 10 October 2024.

Questions about 1404, Silverene Tower A

What did unit 1404 last sell for?

AED 682,550 on 9 October 2012: AED 1,146 per sqft for 596 sqft. The unit has 2 registered sales; the first was AED 682,550 in April 2009.

What is the rent for unit 1404?

AED 88,200 a year on the contract signed on 10 October 2024. The previous contract, from October 2024, was AED 88,200; the unit has been rented since July 2013.

How big is unit 1404?

596 sqft (55.4 sqm): a one-bedroom apartment on the 14th floor of a 34-storey tower completed in 2011.

What is unit 1404 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 1404, Silverene Tower A

Starts from the last sale price (AED 683K, 9 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 682,550
Deposit, UAE resident (20%)
AED 136,510
Deposit, non-resident (40%)
AED 273,020
Monthly over 25 years at 3.7%
AED 2,793

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