1508, Silverene Tower A
Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Silverene Tower A
What is 1508 worth today?
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Source: Dubai Land Department. Updated 28 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,427 sqft
- Floor
- 15th of 34
- Parking
- B3-216,B3-217
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 31,900 /yr
- Last sold
- AED 3.45M · September 2022
- Building
- Silverene Tower A
About 1508, Silverene Tower A
1508 is a two-bedroom apartment of 1,427 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 28 September 2022 for AED 3,450,000, or AED 2,417 per sqft, 35% above the AED 1,787 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 17 July 2021, is AED 125,000 a year: a gross yield of 3.6% on the 2022 price, before the service charge of about AED 31,900 a year.
Sales and rents for 1508 over time
1508 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 1508 sits
All 117 2-beds →1508 last sold in September 2022 at AED 2,417 per sqft, 35% above what two-beds in Silverene Tower A were fetching at the time (AED 1,787). 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. 1508's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 1,062 sqft | 2,250,000 | 2,118 | ||
| 11 May 202611 May 2026 | 1,105 sqft | 2,025,000 | 1,832 | ||
| 24 Apr 202624 April 2026 | 1,062 sqft | 2,525,000 | 2,376 | ||
| 4 Mar 20264 March 2026 | 1,062 sqft | 2,522,816 | 2,374 |
Silverene Tower A
Building266 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%
Other units on the 15th floor
All 266 units in Silverene Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,067 sqft | AED 2.55MAED 2,550,000 · Jul 2025July 2025 | 153,000 /yr | |
| 1502 | 1-bed | 832 sqft | AED 1.63MAED 1,625,000 · Feb 2014February 2014 | 57,500 /yr | |
| 1503 | 1-bed | 610 sqft | AED 888KAED 888,000 · Jan 2013January 2013 | 100,000 /yr | |
| 1504 | 1-bed | 595 sqft | AED 840KAED 840,000 · Feb 2021February 2021 | 75,000 /yr | |
| 1505 | 1-bed | 831 sqft | AED 1.95MAED 1,945,000 · May 2024May 2024 | 96,000 /yr | |
| 1506 | 2-bed | 1,057 sqft | AED 1.89MAED 1,890,000 · Nov 2021November 2021 | 165,000 /yr | |
| 1507 | 2-bed | 1,059 sqft | AED 2.1MAED 2,100,000 · Nov 2013November 2013 | 130,000 /yr | |
| 1509 | 2-bed | 1,441 sqft | AED 2.75MAED 2,750,000 · Sep 2013September 2013 | 133,410 /yr | |
| 1510 | 2-bed | 1,067 sqft | AED 1.7MAED 1,700,000 · May 2021May 2021 | 125,000 /yr |
1508, Silverene Tower A in numbers
- Sold 4 times: first on 14 August 2012 for AED 2,323,250, last on 28 September 2022 for AED 3,450,000 (AED 2,417 per sqft).
- Rented since September 2016 on 6 Ejari contracts, from AED 205,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2022 price is 3.6%, 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 28 September 2022.
Questions about 1508, Silverene Tower A
What did unit 1508 last sell for?
AED 3,450,000 on 28 September 2022: AED 2,417 per sqft for 1,427 sqft. The unit has 4 registered sales; the first was AED 2,323,250 in August 2012.
What is the rent for unit 1508?
AED 125,000 a year on the contract signed on 17 July 2021. The previous contract, from October 2020, was AED 133,920; the unit has been rented since September 2016.
How big is unit 1508?
1,427 sqft (132.6 sqm): a two-bedroom apartment on the 15th floor of a 34-storey tower completed in 2011.
What is unit 1508 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 1508, Silverene Tower A
Starts from the last sale price (AED 3.45M, 28 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,450,000
- Deposit, UAE resident (20%)
- AED 690,000
- Deposit, non-resident (40%)
- AED 1,380,000
- Monthly over 25 years at 3.7%
- AED 14,115
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →