2-bed · 1,062 sqftSilverene Tower A, Dubai Marina · 23rd floor · completed 2011

2306, Silverene Tower A

Sold prices and rental history: sold 5 times, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 2.5M26 January 2024
Current rentAED 197K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, Silverene Tower A

What is 2306 worth today?

Last sold for AED 2,500,000 in 2024

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15 Nov 2024RentedNew contract
AED 196,776/yr12 months · AED 185 per sqft
15 Nov 2024RentedNew contract
AED 196,776/yr12 months · AED 185 per sqft
26 Jan 2024SoldReady
AED 2,500,000AED 2,353 per sqft
15 Jun 2023RentedRenewal
AED 140,000/yr12 months · AED 133 per sqft
15 Jun 2022RentedNew contract
AED 140,000/yr12 months · AED 131 per sqft
24 Dec 2020SoldReady
AED 1,550,000AED 1,459 per sqft
18 Jan 2020RentedNew contract
AED 125,000/yr12 months · AED 117 per sqft
18 Sep 2014SoldReady
AED 2,450,000AED 2,306 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
2-bed apartment
Size
1,062 sqft
Floor
23rd of 34
Parking
B3-227
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 23,700 /yr
Last sold
AED 2.5M · January 2024

About 2306, Silverene Tower A

2306 is a two-bedroom apartment of 1,062 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 26 January 2024 for AED 2,500,000, or AED 2,353 per sqft, 6% above the AED 2,220 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 November 2024, is AED 196,776 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 23,700 a year.

Sales and rents for 2306 over time

Sales
Unit 2306, each saleTypical two-bed in Silverene Tower A
1M2M3M2009201420192024Typical 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 1,467,000 (AED 1,380 per sqft)Sold, December 2012: AED 1,467,000 (AED 1,380 per sqft)Sold, September 2014: AED 2,450,000 (AED 2,306 per sqft)Sold, December 2020: AED 1,550,000 (AED 1,459 per sqft)Sold, January 2024: AED 2,500,000 (AED 2,353 per sqft)

2306 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2306, each contractTypical two-bed in Silverene Tower A
150K200K2012201620202024Typical 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, December 2013: AED 120,750 a yearNew contract, January 2020: AED 125,000 a yearNew contract, June 2022: AED 140,000 a yearRenewal, June 2023: AED 140,000 a yearNew contract, November 2024: AED 196,776 a yearNew contract, November 2024: AED 196,776 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 2306 sits

All 117 2-beds →

2306 last sold in January 2024 at AED 2,353 per sqft, 6% above what two-beds in Silverene Tower A were fetching at the time (AED 2,220). 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. 2306's AED 196,776 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 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
23041-bedAED 1.09M · Jan 2014
23052-bedAED 3.55M · Aug 2025
23073-bedAED 2.73M · Feb 2013
23083-bedAED 3.9M · Jan 2024

2306, Silverene Tower A in numbers

  • Sold 5 times: first on 26 April 2009 for AED 1,467,000, last on 26 January 2024 for AED 2,500,000 (AED 2,353 per sqft).
  • Rented since December 2013 on 6 Ejari contracts, from AED 120,750 to AED 196,776 a year.
  • At AED 196,776 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 23,700 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 15 November 2024.

Questions about 2306, Silverene Tower A

What did unit 2306 last sell for?

AED 2,500,000 on 26 January 2024: AED 2,353 per sqft for 1,062 sqft. The unit has 5 registered sales; the first was AED 1,467,000 in April 2009.

What is the rent for unit 2306?

AED 196,776 a year on the contract signed on 15 November 2024. The previous contract, from November 2024, was AED 196,776; the unit has been rented since December 2013.

How big is unit 2306?

1,062 sqft (98.7 sqm): a two-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2011.

What is unit 2306 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 2306, Silverene Tower A

Starts from the last sale price (AED 2.5M, 26 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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