2-bed · 1,062 sqftSilverene Tower A, Dubai Marina · 24th floor · completed 2011

2406, Silverene Tower A

Sold prices and rental history: sold 5 times, last in February 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 10 February 2022
Last soldAED 2.25M10 February 2022
Current rentAED 33K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, Silverene Tower A

What is 2406 worth today?

Last sold for AED 2,250,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Feb 2022SoldReady
AED 2,250,000AED 2,118 per sqft
15 Jan 2022RentedRenewal
AED 32,500/yr48 months · AED 30 per sqft
15 Jan 2022RentedRenewal
AED 32,500/yr48 months · AED 30 per sqft
15 Jan 2021RentedRenewal
AED 107,000/yr12 months · AED 100 per sqft
15 Jan 2020RentedNew contract
AED 107,000/yr12 months · AED 100 per sqft
11 Sep 2017RentedNew contract
AED 145,000/yr12 months · AED 136 per sqft
14 Jun 2017SoldReady
AED 2,300,000AED 2,165 per sqft
25 Jul 2015RentedNew contract
AED 155,000/yr12 months · AED 145 per sqft

Source: Dubai Land Department. Updated 10 February 2022.

Key facts

Type
2-bed apartment
Size
1,062 sqft
Floor
24th of 34
Parking
B3-228
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 23,700 /yr
Last sold
AED 2.25M · February 2022

About 2406, Silverene Tower A

2406 is a two-bedroom apartment of 1,062 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 February 2022 for AED 2,250,000, or AED 2,118 per sqft, 36% above the AED 1,554 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 January 2022, is AED 32,500 a year: a gross yield of 1.4% on the 2022 price, before the service charge of about AED 23,700 a year.

Sales and rents for 2406 over time

Sales
Unit 2406, 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, June 2011: AED 1,467,000 (AED 1,380 per sqft)Sold, July 2011: AED 1,342,000 (AED 1,263 per sqft)Sold, January 2013: AED 1,467,000 (AED 1,380 per sqft)Sold, June 2017: AED 2,300,000 (AED 2,165 per sqft)Sold, February 2022: AED 2,250,000 (AED 2,118 per sqft)

2406 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2406, each contractTypical two-bed in Silverene Tower A
100K2012201620202024Typical 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, July 2014: AED 150,000 a yearNew contract, July 2015: AED 155,000 a yearNew contract, September 2017: AED 145,000 a yearNew contract, January 2020: AED 107,000 a yearRenewal, January 2021: AED 107,000 a yearRenewal, January 2022: AED 32,500 a yearRenewal, January 2022: AED 32,500 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 2406 sits

All 117 2-beds →

2406 last sold in February 2022 at AED 2,118 per sqft, 36% above what two-beds in Silverene Tower A were fetching at the time (AED 1,554). 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. 2406's AED 32,500 is at the bottom 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 24th floor

All 266 units in Silverene Tower A
Value
24013-bedAED 2.1M · Jul 2023
24021-bedAED 1.75M · Sep 2013
24031-bedAED 950K · Aug 2022
24041-bedAED 760K · Oct 2012
24052-bedAED 1.7M · Dec 2020
24073-bedAED 4.38M · Dec 2025
24083-bedAED 3.9M · Nov 2023

2406, Silverene Tower A in numbers

  • Sold 5 times: first on 20 June 2011 for AED 1,467,000, last on 10 February 2022 for AED 2,250,000 (AED 2,118 per sqft).
  • Rented since July 2014 on 7 Ejari contracts, from AED 150,000 to AED 32,500 a year.
  • At AED 32,500 a year the gross yield on the 2022 price is 1.4%, 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 10 February 2022.

Questions about 2406, Silverene Tower A

What did unit 2406 last sell for?

AED 2,250,000 on 10 February 2022: AED 2,118 per sqft for 1,062 sqft. The unit has 5 registered sales; the first was AED 1,467,000 in June 2011.

What is the rent for unit 2406?

AED 32,500 a year on the contract renewed on 15 January 2022. The previous contract, from January 2022, was AED 32,500; the unit has been rented since July 2014.

How big is unit 2406?

1,062 sqft (98.7 sqm): a two-bedroom apartment on the 24th floor of a 34-storey tower completed in 2011.

What is unit 2406 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.

Selling 2406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2406, Silverene Tower A

Starts from the last sale price (AED 2.25M, 10 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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