2-bed · 1,441 sqftSilverene Tower A, Dubai Marina · 14th floor · completed 2011

1409, Silverene Tower A

Sold prices and rental history: sold 5 times, last in October 2024, and rented once, from March 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1409 · DLD and Ejari recordsUpdated 24 October 2024
Last soldAED 3.65M24 October 2024
Current rentAED 180K /yr15 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, Silverene Tower A

What is 1409 worth today?

Last sold for AED 3,650,000 in 2024

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24 Oct 2024SoldReady
AED 3,650,000AED 2,532 per sqft
3 Oct 2021SoldReady
AED 2,250,000AED 1,561 per sqft
15 Mar 2017RentedNew contract
AED 180,000/yr12 months · AED 125 per sqft
17 Dec 2012SoldReady
AED 2,321,000AED 1,610 per sqft
23 Jan 2012SoldOff-plan
AED 1,915,000AED 1,328 per sqft
23 Apr 2009Sold by developerOff-plan
AED 2,321,000AED 1,610 per sqft

Source: Dubai Land Department. Updated 24 October 2024.

Key facts

Type
2-bed apartment
Size
1,441 sqft
Floor
14th of 34
Parking
B2-61,B2-61T
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 32,200 /yr
Last sold
AED 3.65M · October 2024

About 1409, Silverene Tower A

1409 is a two-bedroom apartment of 1,441 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 24 October 2024 for AED 3,650,000, or AED 2,532 per sqft, 8% above the AED 2,353 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2017. The current contract, signed on 15 March 2017, is AED 180,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1409 over time

Sales
Unit 1409, each saleTypical two-bed in Silverene Tower A
2M4M2009201420192024Typical 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 1,610 per sqft)Sold, January 2012: AED 1,915,000 (AED 1,328 per sqft)Sold, December 2012: AED 2,321,000 (AED 1,610 per sqft)Sold, October 2021: AED 2,250,000 (AED 1,561 per sqft)Sold, October 2024: AED 3,650,000 (AED 2,532 per sqft)

1409 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1409, each contractTypical two-bed in Silverene Tower A
150K2012201620202024Typical 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, March 2017: AED 180,000 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 1409 sits

All 117 2-beds →

1409 last sold in October 2024 at AED 2,532 per sqft, 8% above what two-beds in Silverene Tower A were fetching at the time (AED 2,353). 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. 1409's AED 180,000 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

1409, Silverene Tower A in numbers

  • Sold 5 times: first on 23 April 2009 for AED 2,321,000, last on 24 October 2024 for AED 3,650,000 (AED 2,532 per sqft).
  • Rented since March 2017 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2024 price is 4.9%, 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 24 October 2024.

Questions about 1409, Silverene Tower A

What did unit 1409 last sell for?

AED 3,650,000 on 24 October 2024: AED 2,532 per sqft for 1,441 sqft. The unit has 5 registered sales; the first was AED 2,321,000 in April 2009.

What is the rent for unit 1409?

AED 180,000 a year on the contract signed on 15 March 2017.

How big is unit 1409?

1,441 sqft (133.9 sqm): a two-bedroom apartment on the 14th floor of a 34-storey tower completed in 2011.

What is unit 1409 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 1409, Silverene Tower A

Starts from the last sale price (AED 3.65M, 24 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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