2-bed · 1,427 sqftSilverene Tower A, Dubai Marina · 14th floor · completed 2011

1408, 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 1408 · DLD and Ejari recordsUpdated 26 February 2025
Last soldAED 2.32M9 October 2012
Current rentAED 210K /yr26 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Silverene Tower A

What is 1408 worth today?

Last sold for AED 2,321,000 in 2012

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26 Feb 2025RentedRenewal
AED 210,000/yr12 months · AED 148 per sqft
26 Feb 2025RentedRenewal
AED 210,000/yr12 months · AED 148 per sqft
26 Feb 2024RentedNew contract
AED 210,000/yr12 months · AED 147 per sqft
26 Feb 2024RentedNew contract
AED 210,000/yr12 months · AED 147 per sqft
15 Feb 2022RentedRenewal
AED 144,000/yr12 months · AED 101 per sqft
15 Feb 2021RentedNew contract
AED 133,000/yr12 months · AED 93 per sqft
31 Jan 2020RentedNew contract
AED 140,000/yr12 months · AED 98 per sqft
15 Jan 2018RentedNew contract
AED 165,000/yr24 months · AED 115 per sqft

Source: Dubai Land Department. Updated 26 February 2025.

Key facts

Type
2-bed apartment
Size
1,427 sqft
Floor
14th of 34
Parking
B1-74,B1-75
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 31,900 /yr
Last sold
AED 2.32M · October 2012

About 1408, Silverene Tower A

1408 is a two-bedroom apartment of 1,427 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 2,321,000, or AED 1,626 per sqft, 23% above the AED 1,322 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 26 February 2025, is AED 210,000 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 31,900 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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 2,321,000 (AED 1,626 per sqft)Sold, October 2012: AED 2,321,000 (AED 1,626 per sqft)

1408 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, 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, September 2013: AED 165,000 a yearRenewal, September 2014: AED 175,000 a yearNew contract, December 2015: AED 185,000 a yearRenewal, December 2016: AED 185,000 a yearNew contract, January 2018: AED 165,000 a yearNew contract, January 2020: AED 140,000 a yearNew contract, February 2021: AED 133,000 a yearRenewal, February 2022: AED 144,000 a yearNew contract, February 2024: AED 210,000 a yearNew contract, February 2024: AED 210,000 a yearRenewal, February 2025: AED 210,000 a yearRenewal, February 2025: AED 210,000 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 1408 sits

All 117 2-beds →

1408 last sold in October 2012 at AED 1,626 per sqft, 23% above what two-beds in Silverene Tower A were fetching at the time (AED 1,322). 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. 1408's AED 210,000 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 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
14062-bedAED 1.85M · Jan 2018
14072-bedAED 2.4M · Feb 2025
1–7 of 9

1408, Silverene Tower A in numbers

  • Sold twice: first on 23 April 2009 for AED 2,321,000, last on 9 October 2012 for AED 2,321,000 (AED 1,626 per sqft).
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 165,000 to AED 133,000 in 2021 and recovered to AED 210,000 by February 2025.
  • At AED 210,000 a year the gross yield on the 2012 price is 9.0%, 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 February 2025.

Questions about 1408, Silverene Tower A

What did unit 1408 last sell for?

AED 2,321,000 on 9 October 2012: AED 1,626 per sqft for 1,427 sqft. The unit has 2 registered sales; the first was AED 2,321,000 in April 2009.

What is the rent for unit 1408?

AED 210,000 a year on the contract renewed on 26 February 2025. The previous contract, from February 2025, was AED 210,000; the unit has been rented since September 2013.

How big is unit 1408?

1,427 sqft (132.6 sqm): a two-bedroom apartment on the 14th floor of a 34-storey tower completed in 2011.

What is unit 1408 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 1408, Silverene Tower A

Starts from the last sale price (AED 2.32M, 9 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,321,000
Deposit, UAE resident (20%)
AED 464,200
Deposit, non-resident (40%)
AED 928,400
Monthly over 25 years at 3.7%
AED 9,496

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