2405, Silverene Tower A
Sold prices and rental history: sold 3 times, last in December 2020, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2405, Silverene Tower A
What is 2405 worth today?
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Source: Dubai Land Department. Updated 10 December 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,557 sqft
- Floor
- 24th of 34
- Parking
- B2-228,B2-227
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 34,700 /yr
- Last sold
- AED 1.7M · December 2020
- Building
- Silverene Tower A
About 2405, Silverene Tower A
2405 is a two-bedroom apartment of 1,557 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 10 December 2020 for AED 1,700,000, or AED 1,092 per sqft, 15% below the AED 1,283 two-beds in the building were fetching at the time.
It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 11 March 2020, is AED 150,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 34,700 a year.
Sales and rents for 2405 over time
2405 has sold 3 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 2405 sits
All 117 2-beds →2405 last sold in December 2020 at AED 1,092 per sqft, 15% below what two-beds in Silverene Tower A were fetching at the time (AED 1,283). 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. 2405's AED 150,000 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 24th floor
All 266 units in Silverene Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 1,787 sqft | AED 2.1MAED 2,100,000 · Jul 2023July 2023 | 310,000 /yr | |
| 2402 | 1-bed | 831 sqft | AED 1.75MAED 1,750,000 · Sep 2013September 2013 | 78,000 /yr | |
| 2403 | 1-bed | 595 sqft | AED 950KAED 950,000 · Aug 2022August 2022 | 95,000 /yr | |
| 2404 | 1-bed | 609 sqft | AED 760KAED 760,000 · Oct 2012October 2012 | 105,000 /yr | |
| 2406 | 2-bed | 1,062 sqft | AED 2.25MAED 2,250,000 · Feb 2022February 2022 | 32,500 /yr | |
| 2407 | 3-bed | 1,792 sqft | AED 4.38MAED 4,375,000 · Dec 2025December 2025 | 145,000 /yr | |
| 2408 | 3-bed | 1,788 sqft | AED 3.9MAED 3,900,000 · Nov 2023November 2023 | 160,000 /yr |
2405, Silverene Tower A in numbers
- Sold 3 times: first on 26 April 2009 for AED 1,557,000, last on 10 December 2020 for AED 1,700,000 (AED 1,092 per sqft).
- Rented since December 2012 on 3 Ejari contracts, from AED 300,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 34,700 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 10 December 2020.
Questions about 2405, Silverene Tower A
What did unit 2405 last sell for?
AED 1,700,000 on 10 December 2020: AED 1,092 per sqft for 1,557 sqft. The unit has 3 registered sales; the first was AED 1,557,000 in April 2009.
What is the rent for unit 2405?
AED 150,000 a year on the contract renewed on 11 March 2020. The previous contract, from March 2019, was AED 175,000; the unit has been rented since December 2012.
How big is unit 2405?
1,557 sqft (144.7 sqm): a two-bedroom apartment on the 24th floor of a 34-storey tower completed in 2011.
What is unit 2405 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 2405, Silverene Tower A
Starts from the last sale price (AED 1.7M, 10 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →