1-bed · 609 sqftSilverene Tower A, Dubai Marina · 23rd floor · completed 2011

2304, Silverene Tower A

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

Unit 2304 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 1.09M8 January 2014
Current rentAED 100K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Silverene Tower A

What is 2304 worth today?

Last sold for AED 1,094,000 in 2014

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20 Oct 2024RentedRenewal
AED 100,000/yr12 months · AED 164 per sqft
20 Oct 2024RentedRenewal
AED 100,000/yr12 months · AED 164 per sqft
20 Oct 2023RentedNew contract
AED 100,000/yr12 months · AED 164 per sqft
1 Mar 2023RentedRenewal
AED 62,708/yr7 months · AED 103 per sqft
1 Mar 2022RentedRenewal
AED 54,000/yr12 months · AED 89 per sqft
1 Mar 2021RentedNew contract
AED 50,000/yr12 months · AED 82 per sqft
10 Oct 2019RentedNew contract
AED 70,000/yr12 months · AED 114 per sqft
1 Aug 2017RentedRenewal
AED 85,000/yr12 months · AED 139 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
1-bed apartment
Size
609 sqft
Floor
23rd of 34
Parking
B3-122
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 13,600 /yr
Last sold
AED 1.09M · January 2014

About 2304, Silverene Tower A

2304 is a one-bedroom apartment of 609 sqft on the 23rd 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 8 January 2014 for AED 1,094,000, or AED 1,795 per sqft, 42% above the AED 1,263 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 100,000 a year: a gross yield of 9.1% on the 2014 price, before the service charge of about AED 13,600 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, 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, April 2009: AED 760,000 (AED 1,247 per sqft)Sold, October 2012: AED 760,000 (AED 1,247 per sqft)Sold, January 2014: AED 1,094,000 (AED 1,795 per sqft)

2304 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2304, each contractTypical one-bed in Silverene Tower A
50K75K100K2012201620202024Typical 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, July 2013: AED 67,167 a yearNew contract, August 2015: AED 85,000 a yearRenewal, August 2016: AED 85,000 a yearRenewal, August 2017: AED 85,000 a yearNew contract, October 2019: AED 70,000 a yearNew contract, March 2021: AED 50,000 a yearRenewal, March 2022: AED 54,000 a yearRenewal, March 2023: AED 62,708 a yearNew contract, October 2023: AED 100,000 a yearRenewal, October 2024: AED 100,000 a yearRenewal, October 2024: AED 100,000 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 2304 sits

All 99 1-beds →

2304 last sold in January 2014 at AED 1,795 per sqft, 42% above what one-beds in Silverene Tower A were fetching at the time (AED 1,263). 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. 2304's AED 100,000 is in the lower half 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 23rd floor

All 266 units in Silverene Tower A
Value
23013-bedAED 2.18M · Oct 2012
23021-bedAED 1.65M · Feb 2014
23031-bedAED 1.25M · Dec 2014
23052-bedAED 3.55M · Aug 2025
23062-bedAED 2.5M · Jan 2024
23073-bedAED 2.73M · Feb 2013
23083-bedAED 3.9M · Jan 2024

2304, Silverene Tower A in numbers

  • Sold 3 times: first on 26 April 2009 for AED 760,000, last on 8 January 2014 for AED 1,094,000 (AED 1,795 per sqft).
  • Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 67,167 to AED 50,000 in 2021 and recovered to AED 100,000 by October 2024.
  • At AED 100,000 a year the gross yield on the 2014 price is 9.1%, before a service charge of about AED 13,600 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 20 October 2024.

Questions about 2304, Silverene Tower A

What did unit 2304 last sell for?

AED 1,094,000 on 8 January 2014: AED 1,795 per sqft for 609 sqft. The unit has 3 registered sales; the first was AED 760,000 in April 2009.

What is the rent for unit 2304?

AED 100,000 a year on the contract renewed on 20 October 2024. The previous contract, from October 2024, was AED 100,000; the unit has been rented since July 2013.

How big is unit 2304?

609 sqft (56.6 sqm): a one-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2011.

What is unit 2304 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 2304, Silverene Tower A

Starts from the last sale price (AED 1.09M, 8 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,094,000
Deposit, UAE resident (20%)
AED 218,800
Deposit, non-resident (40%)
AED 437,600
Monthly over 25 years at 3.7%
AED 4,476

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