2-bed · 1,057 sqftSilverene Tower A, Dubai Marina · 14th floor · completed 2011

1406, Silverene Tower A

Sold prices and rental history: sold 3 times, last in January 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 24 September 2021
Last soldAED 1.85M2 January 2018
Current rentAED 125K /yr24 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Silverene Tower A

What is 1406 worth today?

Last sold for AED 1,850,000 in 2018

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24 Sep 2021RentedNew contract
AED 125,000/yr12 months · AED 118 per sqft
10 Feb 2018RentedNew contract
AED 145,000/yr12 months · AED 137 per sqft
2 Jan 2018SoldReady
AED 1,850,000AED 1,749 per sqft
20 Jan 2014RentedRenewal
AED 110,000/yr12 months · AED 104 per sqft
20 Jan 2013RentedNew contract
AED 110,000/yr12 months · AED 104 per sqft
9 Oct 2012SoldReady
AED 1,477,300AED 1,397 per sqft
23 Apr 2009Sold by developerOff-plan
AED 1,477,300AED 1,397 per sqft

Source: Dubai Land Department. Updated 24 September 2021.

Key facts

Type
2-bed apartment
Size
1,057 sqft
Floor
14th of 34
Parking
B3-212
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 23,600 /yr
Last sold
AED 1.85M · January 2018

About 1406, Silverene Tower A

1406 is a two-bedroom apartment of 1,057 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 2 January 2018 for AED 1,850,000, or AED 1,749 per sqft, 6% below the AED 1,862 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 24 September 2021, is AED 125,000 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 23,600 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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 1,477,300 (AED 1,397 per sqft)Sold, October 2012: AED 1,477,300 (AED 1,397 per sqft)Sold, January 2018: AED 1,850,000 (AED 1,749 per sqft)

1406 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1406, 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, January 2013: AED 110,000 a yearRenewal, January 2014: AED 110,000 a yearNew contract, February 2018: AED 145,000 a yearNew contract, September 2021: AED 125,000 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 1406 sits

All 117 2-beds →

1406 last sold in January 2018 at AED 1,749 per sqft, 6% below what two-beds in Silverene Tower A were fetching at the time (AED 1,862). 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. 1406's AED 125,000 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 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
14041-bedAED 683K · Oct 2012
14051-bedAED 1.75M · Jun 2014
14072-bedAED 2.4M · Feb 2025
14082-bedAED 2.32M · Oct 2012
1–7 of 9

1406, Silverene Tower A in numbers

  • Sold 3 times: first on 23 April 2009 for AED 1,477,300, last on 2 January 2018 for AED 1,850,000 (AED 1,749 per sqft).
  • Rented since January 2013 on 4 Ejari contracts, from AED 110,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2018 price is 6.8%, 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 24 September 2021.

Questions about 1406, Silverene Tower A

What did unit 1406 last sell for?

AED 1,850,000 on 2 January 2018: AED 1,749 per sqft for 1,057 sqft. The unit has 3 registered sales; the first was AED 1,477,300 in April 2009.

What is the rent for unit 1406?

AED 125,000 a year on the contract signed on 24 September 2021. The previous contract, from February 2018, was AED 145,000; the unit has been rented since January 2013.

How big is unit 1406?

1,057 sqft (98.2 sqm): a two-bedroom apartment on the 14th floor of a 34-storey tower completed in 2011.

What is unit 1406 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 1406, Silverene Tower A

Starts from the last sale price (AED 1.85M, 2 January 2018). 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 →