404, Silverene Tower A
Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Silverene Tower A
What is 404 worth today?
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Source: Dubai Land Department. Updated 12 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 605 sqft
- Floor
- 4th of 34
- Parking
- B3- 4
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 13,500 /yr
- Last sold
- AED 850K · March 2013
- Building
- Silverene Tower A
About 404, Silverene Tower A
404 is a one-bedroom apartment of 605 sqft on the 4th floor of Silverene Tower A, a 34-storey tower in Dubai Marina completed in 2011 by Cayan Real Estate Investment & Development. The developer sold it on 21 March 2013 for AED 850,000, or AED 1,404 per sqft, 25% above the AED 1,119 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 12 November 2023, is AED 94,500 a year: a gross yield of 11.1% on the 2013 price, before the service charge of about AED 13,500 a year.
Sales and rents for 404 over time
404 has sold once; the dashed line is the one-bed median of each year in the building.
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 404 sits
All 99 1-beds →404 last sold in March 2013 at AED 1,404 per sqft, 25% 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. 404's AED 94,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Aug 202617 August 2026 | 595 sqft | 1,475,000 | 2,477 | ||
| 7 Aug 20267 August 2026 | 609 sqft | 1,450,000 | 2,379 | ||
| 30 Jul 202630 July 2026 | 599 sqft | 22,567 | 37 | ||
| 22 May 202622 May 2026 | 606 sqft | 1,550,000 | 2,555 |
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 4th floor
All 266 units in Silverene Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,067 sqft | AED 1.7MAED 1,700,000 · Jan 2014January 2014 | 147,000 /yr | |
| 402 | 1-bed | 832 sqft | AED 1.24MAED 1,239,068 · Apr 2018April 2018 | 105,000 /yr | |
| 403 | 1-bed | 609 sqft | AED 1.45MAED 1,450,000 · Aug 2026August 2026 | 100,000 /yr | |
| 405 | 1-bed | 722 sqft | AED 962KAED 962,493 · Dec 2012December 2012 | 94,133 /yr | |
| 406 | 2-bed | 975 sqft | AED 1.21MAED 1,205,000 · Jan 2013January 2013 | 130,000 /yr | |
| 407 | 2-bed | 1,059 sqft | AED 2.2MAED 2,200,000 · Feb 2014February 2014 | 150,000 /yr | |
| 408 | 2-bed | 1,427 sqft | AED 1.76MAED 1,760,000 · Jul 2020July 2020 | 205,000 /yr | |
| 409 | 2-bed | 1,441 sqft | AED 2.69MAED 2,685,000 · Oct 2017October 2017 | 157,500 /yr | |
| 410 | 2-bed | 1,066 sqft | AED 2.28MAED 2,280,000 · Jul 2024July 2024 | 112,000 /yr |
404, Silverene Tower A in numbers
- Sold once: by Cayan Real Estate Investment & Development on 21 March 2013 for AED 850,000, or AED 1,404 per sqft.
- Rented since July 2016 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 67,000 in 2020 and recovered to AED 94,500 by November 2023.
- At AED 94,500 a year the gross yield on the 2013 price is 11.1%, before a service charge of about AED 13,500 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 12 November 2023.
Questions about 404, Silverene Tower A
What did unit 404 last sell for?
AED 850,000 on 21 March 2013, sold by the developer: AED 1,404 per sqft for 605 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 94,500 a year on the contract renewed on 12 November 2023. The previous contract, from November 2022, was AED 90,000; the unit has been rented since July 2016.
How big is unit 404?
605 sqft (56.2 sqm): a one-bedroom apartment on the 4th floor of a 34-storey tower completed in 2011.
What is unit 404 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 404, Silverene Tower A
Starts from the last sale price (AED 850K, 21 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →