1-bed · 832 sqftSilverene Tower A, Dubai Marina · 15th floor · completed 2011

1502, Silverene Tower A

Sold prices and rental history: sold 3 times, last in February 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 1.63M26 February 2014
Current rentAED 58K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Silverene Tower A

What is 1502 worth today?

Last sold for AED 1,625,000 in 2014

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25 Sep 2024RentedRenewal
AED 57,500/yr24 months · AED 69 per sqft
25 Sep 2023RentedNew contract
AED 115,000/yr12 months · AED 138 per sqft
17 Sep 2022RentedNew contract
AED 92,000/yr12 months · AED 111 per sqft
10 Sep 2021RentedRenewal
AED 75,000/yr12 months · AED 90 per sqft
10 Sep 2020RentedRenewal
AED 75,000/yr12 months · AED 90 per sqft
10 Sep 2019RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
15 Mar 2018RentedRenewal
AED 110,000/yr12 months · AED 133 per sqft
15 Mar 2017RentedRenewal
AED 110,000/yr12 months · AED 133 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
15th of 34
Parking
G-22
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 18,600 /yr
Last sold
AED 1.63M · February 2014

About 1502, Silverene Tower A

1502 is a one-bedroom apartment of 832 sqft on the 15th 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 26 February 2014 for AED 1,625,000, or AED 1,954 per sqft, 40% above the AED 1,399 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 25 September 2024, is AED 57,500 a year: a gross yield of 3.5% on the 2014 price, before the service charge of about AED 18,600 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, 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, November 2011: AED 801,000 (AED 963 per sqft)Sold, January 2013: AED 801,000 (AED 963 per sqft)Sold, February 2014: AED 1,625,000 (AED 1,954 per sqft)

1502 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1502, each contractTypical one-bed in Silverene Tower A
50K100K2012201620202024Typical 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, November 2013: AED 90,000 a yearNew contract, March 2016: AED 110,000 a yearRenewal, March 2017: AED 110,000 a yearRenewal, March 2018: AED 110,000 a yearNew contract, September 2019: AED 80,000 a yearRenewal, September 2020: AED 75,000 a yearRenewal, September 2021: AED 75,000 a yearNew contract, September 2022: AED 92,000 a yearNew contract, September 2023: AED 115,000 a yearRenewal, September 2024: AED 57,500 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 1502 sits

All 99 1-beds →

1502 last sold in February 2014 at AED 1,954 per sqft, 40% above what one-beds in Silverene Tower A were fetching at the time (AED 1,399). 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. 1502's AED 57,500 is at the bottom 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 15th floor

All 266 units in Silverene Tower A
Value
15012-bedAED 2.55M · Jul 2025
15031-bedAED 888K · Jan 2013
15041-bedAED 840K · Feb 2021
15051-bedAED 1.95M · May 2024
15062-bedAED 1.89M · Nov 2021
15072-bedAED 2.1M · Nov 2013
15082-bedAED 3.45M · Sep 2022
1–7 of 9

1502, Silverene Tower A in numbers

  • Sold 3 times: first on 27 November 2011 for AED 801,000, last on 26 February 2014 for AED 1,625,000 (AED 1,954 per sqft).
  • Rented since November 2013 on 10 Ejari contracts, from AED 90,000 to AED 57,500 a year.
  • At AED 57,500 a year the gross yield on the 2014 price is 3.5%, 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 25 September 2024.

Questions about 1502, Silverene Tower A

What did unit 1502 last sell for?

AED 1,625,000 on 26 February 2014: AED 1,954 per sqft for 832 sqft. The unit has 3 registered sales; the first was AED 801,000 in November 2011.

What is the rent for unit 1502?

AED 57,500 a year on the contract renewed on 25 September 2024. The previous contract, from September 2023, was AED 115,000; the unit has been rented since November 2013.

How big is unit 1502?

832 sqft (77.3 sqm): a one-bedroom apartment on the 15th floor of a 34-storey tower completed in 2011.

What is unit 1502 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 1502, Silverene Tower A

Starts from the last sale price (AED 1.63M, 26 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,625,000
Deposit, UAE resident (20%)
AED 325,000
Deposit, non-resident (40%)
AED 650,000
Monthly over 25 years at 3.7%
AED 6,648

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