1-bed · 602 sqftSilverene Tower A, Dubai Marina · 30th floor · completed 2011

3003, Silverene Tower A

Sold prices and rental history: sold twice, last in December 2012, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3003 · DLD and Ejari recordsUpdated 12 September 2015
Last soldAED 860K17 December 2012
Current rentAED 90K /yr12 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3003, Silverene Tower A

What is 3003 worth today?

Last sold for AED 860,000 in 2012

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12 Sep 2015RentedNew contract
AED 90,000/yr12 months · AED 149 per sqft
15 Jul 2013RentedNew contract
AED 68,250/yr12 months · AED 113 per sqft
17 Dec 2012SoldReady
AED 860,000AED 1,429 per sqft
15 Jun 2010Sold by developerOff-plan
AED 860,000AED 1,429 per sqft

Source: Dubai Land Department. Updated 12 September 2015.

Key facts

Type
1-bed apartment
Size
602 sqft
Floor
30th of 34
Parking
B1-76
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 13,400 /yr
Last sold
AED 860K · December 2012

About 3003, Silverene Tower A

3003 is a one-bedroom apartment of 602 sqft on the 30th 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 17 December 2012 for AED 860,000, or AED 1,429 per sqft, 24% above the AED 1,149 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 12 September 2015, is AED 90,000 a year: a gross yield of 10.5% on the 2012 price, before the service charge of about AED 13,400 a year.

Sales and rents for 3003 over time

Sales
Unit 3003, 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, June 2010: AED 860,000 (AED 1,429 per sqft)Sold, December 2012: AED 860,000 (AED 1,429 per sqft)

3003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3003, each contractTypical one-bed in Silverene Tower A
60K80K100K2012201620202024Typical 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, July 2013: AED 68,250 a yearNew contract, September 2015: AED 90,000 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 3003 sits

All 99 1-beds →

3003 last sold in December 2012 at AED 1,429 per sqft, 24% above what one-beds in Silverene Tower A were fetching at the time (AED 1,149). 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. 3003's AED 90,000 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 30th floor

All 266 units in Silverene Tower A
Value
30013-bedAED 3.05M · Dec 2018
30021-bedAED 2.2M · Aug 2025
30041-bedAED 860K · Dec 2012
30052-bedAED 2.44M · Jun 2023
30065-bedAED 8M · Oct 2024
30073-bedAED 2.67M · Jun 2010
30083-bedAED 3.3M · Sep 2023

3003, Silverene Tower A in numbers

  • Sold twice: first on 15 June 2010 for AED 860,000, last on 17 December 2012 for AED 860,000 (AED 1,429 per sqft).
  • Rented since July 2013 on 2 Ejari contracts, from AED 68,250 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2012 price is 10.5%, before a service charge of about AED 13,400 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 12 September 2015.

Questions about 3003, Silverene Tower A

What did unit 3003 last sell for?

AED 860,000 on 17 December 2012: AED 1,429 per sqft for 602 sqft. The unit has 2 registered sales; the first was AED 860,000 in June 2010.

What is the rent for unit 3003?

AED 90,000 a year on the contract signed on 12 September 2015. The previous contract, from July 2013, was AED 68,250.

How big is unit 3003?

602 sqft (55.9 sqm): a one-bedroom apartment on the 30th floor of a 34-storey tower completed in 2011.

What is unit 3003 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 3003, Silverene Tower A

Starts from the last sale price (AED 860K, 17 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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