1-bed · 831 sqftSilverene Tower A, Dubai Marina · 24th floor · completed 2011

2402, Silverene Tower A

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

Unit 2402 · DLD and Ejari recordsUpdated 1 July 2021
Last soldAED 1.75M9 September 2013
Current rentAED 78K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Silverene Tower A

What is 2402 worth today?

Last sold for AED 1,750,000 in 2013

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1 Jul 2021RentedNew contract
AED 78,000/yr12 months · AED 94 per sqft
1 Jun 2020RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
8 Oct 2019RentedRenewal
AED 91,000/yr12 months · AED 110 per sqft
8 Oct 2018RentedNew contract
AED 98,000/yr12 months · AED 118 per sqft
17 May 2014RentedNew contract
AED 112,000/yr12 months · AED 135 per sqft
9 Sep 2013SoldReady
AED 1,750,000AED 2,107 per sqft
17 May 2013RentedNew contract
AED 107,000/yr12 months · AED 129 per sqft
9 Dec 2012SoldReady
AED 930,000AED 1,119 per sqft

Source: Dubai Land Department. Updated 1 July 2021.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
24th of 34
Parking
G-8
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 18,500 /yr
Last sold
AED 1.75M · September 2013

About 2402, Silverene Tower A

2402 is a one-bedroom apartment of 831 sqft on the 24th 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 9 September 2013 for AED 1,750,000, or AED 2,107 per sqft, 88% above the AED 1,119 one-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 1 July 2021, is AED 78,000 a year: a gross yield of 4.5% on the 2013 price, before the service charge of about AED 18,500 a year.

Sales and rents for 2402 over time

Sales
Unit 2402, 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 930,000 (AED 1,119 per sqft)Sold, December 2012: AED 930,000 (AED 1,119 per sqft)Sold, September 2013: AED 1,750,000 (AED 2,107 per sqft)

2402 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2402, each contractTypical one-bed in Silverene Tower A
75K100K2012201620202024Typical 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, May 2013: AED 107,000 a yearNew contract, May 2014: AED 112,000 a yearNew contract, October 2018: AED 98,000 a yearRenewal, October 2019: AED 91,000 a yearNew contract, June 2020: AED 80,000 a yearNew contract, July 2021: AED 78,000 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 2402 sits

All 99 1-beds →

2402 last sold in September 2013 at AED 2,107 per sqft, 88% above what one-beds in Silverene Tower A were fetching at the time (AED 1,119). 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. 2402's AED 78,000 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 24th floor

All 266 units in Silverene Tower A
Value
24013-bedAED 2.1M · Jul 2023
24031-bedAED 950K · Aug 2022
24041-bedAED 760K · Oct 2012
24052-bedAED 1.7M · Dec 2020
24062-bedAED 2.25M · Feb 2022
24073-bedAED 4.38M · Dec 2025
24083-bedAED 3.9M · Nov 2023

2402, Silverene Tower A in numbers

  • Sold 3 times: first on 26 April 2009 for AED 930,000, last on 9 September 2013 for AED 1,750,000 (AED 2,107 per sqft).
  • Rented since May 2013 on 6 Ejari contracts, from AED 107,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2013 price is 4.5%, before a service charge of about AED 18,500 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 1 July 2021.

Questions about 2402, Silverene Tower A

What did unit 2402 last sell for?

AED 1,750,000 on 9 September 2013: AED 2,107 per sqft for 831 sqft. The unit has 3 registered sales; the first was AED 930,000 in April 2009.

What is the rent for unit 2402?

AED 78,000 a year on the contract signed on 1 July 2021. The previous contract, from June 2020, was AED 80,000; the unit has been rented since May 2013.

How big is unit 2402?

831 sqft (77.2 sqm): a one-bedroom apartment on the 24th floor of a 34-storey tower completed in 2011.

What is unit 2402 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 2402, Silverene Tower A

Starts from the last sale price (AED 1.75M, 9 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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