2408, Silverene Tower A
Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2408, Silverene Tower A
What is 2408 worth today?
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Source: Dubai Land Department. Updated 22 November 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,788 sqft
- Floor
- 24th of 34
- Parking
- B2-112,B2-113
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 39,900 /yr
- Last sold
- AED 3.9M · November 2023
- Building
- Silverene Tower A
About 2408, Silverene Tower A
2408 is a three-bedroom apartment of 1,788 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 22 November 2023 for AED 3,900,000, or AED 2,181 per sqft, 18% above the AED 1,845 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 1 December 2022, is AED 160,000 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 39,900 a year.
Sales and rents for 2408 over time
2408 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Silverene Tower A, and where 2408 sits
All 46 3-beds →2408 last sold in November 2023 at AED 2,181 per sqft, 18% above what three-beds in Silverene Tower A were fetching at the time (AED 1,845). Over the last 12 months three-beds sold for AED 3,625,000 to 4,850,000, around AED 2,351 per sqft, and rent for AED 110,000 to 310,000 a year. 2408's AED 160,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 1,787 sqft | 3,625,000 | 2,028 | ||
| 5 Jun 20265 June 2026 | 1,791 sqft | 4,050,000 | 2,261 | ||
| 8 Dec 20258 December 2025 | 1,792 sqft | 4,375,000 | 2,441 | ||
| 12 Nov 202512 November 2025 | 1,788 sqft | 4,850,000 | 2,712 |
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 | |
| 2405 | 2-bed | 1,557 sqft | AED 1.7MAED 1,700,000 · Dec 2020December 2020 | 150,000 /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, Silverene Tower A in numbers
- Sold 3 times: first on 26 April 2009 for AED 2,730,000, last on 22 November 2023 for AED 3,900,000 (AED 2,181 per sqft).
- Rented since October 2014 on 10 Ejari contracts, from AED 240,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2023 price is 4.1%, before a service charge of about AED 39,900 a year (AED 22.32 per sqft).
- Three-beds in Silverene Tower A sold for AED 3,625,000–4,850,000 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 22 November 2023.
Questions about 2408, Silverene Tower A
What did unit 2408 last sell for?
AED 3,900,000 on 22 November 2023: AED 2,181 per sqft for 1,788 sqft. The unit has 3 registered sales; the first was AED 2,730,000 in April 2009.
What is the rent for unit 2408?
AED 160,000 a year on the contract signed on 1 December 2022. The previous contract, from December 2022, was AED 160,000; the unit has been rented since October 2014.
How big is unit 2408?
1,788 sqft (166.1 sqm): a three-bedroom apartment on the 24th floor of a 34-storey tower completed in 2011.
What is unit 2408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Silverene Tower A sold for AED 3,625,000 to 4,850,000 in the last 12 months, around AED 2,351 per sqft.
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Mortgage on 2408, Silverene Tower A
Starts from the last sale price (AED 3.9M, 22 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,900,000
- Deposit, UAE resident (20%)
- AED 780,000
- Deposit, non-resident (40%)
- AED 1,560,000
- Monthly over 25 years at 3.7%
- AED 15,956
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →