3-bed · 1,788 sqftSilverene Tower A, Dubai Marina · 20th floor · completed 2011

2008, Silverene Tower A

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

Unit 2008 · DLD and Ejari recordsUpdated 18 March 2024
Last soldAED 3.98M18 March 2024
Current rentAED 220K /yr4 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2008, Silverene Tower A

What is 2008 worth today?

Last sold for AED 3,975,000 in 2024

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18 Mar 2024SoldReady
AED 3,975,000AED 2,223 per sqft
25 Aug 2022SoldReady
AED 3,150,000AED 1,761 per sqft
4 Feb 2022RentedNew contract
AED 220,000/yr12 months · AED 123 per sqft
23 Mar 2021RentedNew contract
AED 204,878/yr12 months · AED 115 per sqft
14 Mar 2020RentedNew contract
AED 200,000/yr12 months · AED 112 per sqft
9 Aug 2018RentedNew contract
AED 220,000/yr12 months · AED 123 per sqft
15 Apr 2017RentedNew contract
AED 231,000/yr12 months · AED 129 per sqft
15 Jun 2014SoldReady
AED 4,200,000AED 2,348 per sqft

Source: Dubai Land Department. Updated 18 March 2024.

Key facts

Type
3-bed apartment
Size
1,788 sqft
Floor
20th of 34
Parking
B2-94,B2-95
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 39,900 /yr
Last sold
AED 3.98M · March 2024

About 2008, Silverene Tower A

2008 is a three-bedroom apartment of 1,788 sqft on the 20th 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 18 March 2024 for AED 3,975,000, or AED 2,223 per sqft, 13% above the AED 1,971 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 4 February 2022, is AED 220,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 39,900 a year.

Sales and rents for 2008 over time

Sales
Unit 2008, each saleTypical three-bed in Silverene Tower A
2M4M2009201420192024Typical sale price by year: 2009 AED 2,705,000; 2010 AED 2,545,250; 2011 AED 2,235,500; 2012 AED 2,553,000; 2013 AED 2,720,000; 2014 AED 4,200,000; 2016 AED 3,800,000; 2019 AED 2,922,500; 2020 AED 2,000,000; 2021 AED 2,450,000; 2022 AED 3,392,500; 2023 AED 3,500,000; 2024 AED 3,937,500; 2025 AED 4,337,500Sold by developer, April 2009: AED 2,959,000 (AED 1,654 per sqft)Sold, December 2012: AED 2,959,000 (AED 1,654 per sqft)Sold, June 2014: AED 4,200,000 (AED 2,348 per sqft)Sold, August 2022: AED 3,150,000 (AED 1,761 per sqft)Sold, March 2024: AED 3,975,000 (AED 2,223 per sqft)

2008 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2008, each contractTypical three-bed in Silverene Tower A
200K2012201620202024Typical rent by year: 2012 AED 187,500; 2013 AED 180,000; 2014 AED 222,000; 2015 AED 225,000; 2016 AED 222,500; 2017 AED 215,000; 2018 AED 200,000; 2019 AED 187,500; 2020 AED 170,000; 2021 AED 165,000; 2022 AED 180,000; 2023 AED 198,000; 2024 AED 219,972; 2025 AED 230,000; 2026 AED 207,900New contract, April 2017: AED 231,000 a yearNew contract, August 2018: AED 220,000 a yearNew contract, March 2020: AED 200,000 a yearNew contract, March 2021: AED 204,878 a yearNew contract, February 2022: AED 220,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Silverene Tower A, and where 2008 sits

All 46 3-beds →

2008 last sold in March 2024 at AED 2,223 per sqft, 13% above what three-beds in Silverene Tower A were fetching at the time (AED 1,971). Over the last 12 months three-beds sold for AED 3,625,000 to 4,850,000, around AED 2,351 per sqft, and rent for AED 110,000 to 310,000 a year. 2008's AED 220,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Sep 20263,625,000
5 Jun 20264,050,000
8 Dec 20254,375,000
12 Nov 20254,850,000
4 3-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 20th floor

All 266 units in Silverene Tower A
Value
20013-bedAED 1.94M · Feb 2013
20021-bedAED 1.9M · Apr 2024
20031-bedAED 750K · Dec 2012
20041-bedAED 1.46M · May 2026
20052-bedAED 1.52M · Dec 2012
20062-bedAED 2.25M · Sep 2026
20073-bedAED 4M · Jun 2024

2008, Silverene Tower A in numbers

  • Sold 5 times: first on 29 April 2009 for AED 2,959,000, last on 18 March 2024 for AED 3,975,000 (AED 2,223 per sqft).
  • Rented since April 2017 on 5 Ejari contracts, from AED 231,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 39,900 a year (AED 22.32 per sqft).
  • Three-beds in Silverene Tower A sold for AED 3,625,000–4,850,000 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 18 March 2024.

Questions about 2008, Silverene Tower A

What did unit 2008 last sell for?

AED 3,975,000 on 18 March 2024: AED 2,223 per sqft for 1,788 sqft. The unit has 5 registered sales; the first was AED 2,959,000 in April 2009.

What is the rent for unit 2008?

AED 220,000 a year on the contract signed on 4 February 2022. The previous contract, from March 2021, was AED 204,878; the unit has been rented since April 2017.

How big is unit 2008?

1,788 sqft (166.1 sqm): a three-bedroom apartment on the 20th floor of a 34-storey tower completed in 2011.

What is unit 2008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Silverene Tower A sold for AED 3,625,000 to 4,850,000 in the last 12 months, around AED 2,351 per sqft.

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Mortgage on 2008, Silverene Tower A

Starts from the last sale price (AED 3.98M, 18 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,975,000
Deposit, UAE resident (20%)
AED 795,000
Deposit, non-resident (40%)
AED 1,590,000
Monthly over 25 years at 3.7%
AED 16,263

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