2-bed · 1,057 sqftSilverene Tower A, Dubai Marina · 6th floor · completed 2011

606, Silverene Tower A

Sold prices and rental history: sold 3 times, last in December 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 2.4M18 December 2014
Current rentAED 135K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Silverene Tower A

What is 606 worth today?

Last sold for AED 2,400,000 in 2014

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1 Sep 2024RentedRenewal
AED 135,000/yr12 months · AED 128 per sqft
1 Sep 2024RentedRenewal
AED 135,000/yr12 months · AED 128 per sqft
1 Sep 2023RentedRenewal
AED 125,000/yr12 months · AED 118 per sqft
1 Sep 2022RentedRenewal
AED 120,000/yr12 months · AED 114 per sqft
1 Mar 2022RentedRenewal
AED 120,000/yr6 months · AED 114 per sqft
1 Sep 2021RentedRenewal
AED 105,000/yr6 months · AED 100 per sqft
1 Sep 2020RentedNew contract
AED 105,000/yr12 months · AED 100 per sqft
18 Dec 2014SoldReady
AED 2,400,000AED 2,269 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,057 sqft
Floor
6th of 34
Parking
B3-142
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 23,600 /yr
Last sold
AED 2.4M · December 2014

About 606, Silverene Tower A

606 is a two-bedroom apartment of 1,057 sqft on the 6th 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 18 December 2014 for AED 2,400,000, or AED 2,269 per sqft, 5% above the AED 2,162 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 135,000 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 23,600 a year.

Sales and rents for 606 over time

Sales
Unit 606, 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, April 2009: AED 1,530,000 (AED 1,446 per sqft)Sold, December 2012: AED 1,530,000 (AED 1,446 per sqft)Sold, December 2014: AED 2,400,000 (AED 2,269 per sqft)

606 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 606, each contractTypical two-bed in Silverene Tower A
100K125K150K2012201620202024Typical 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, March 2013: AED 120,000 a yearNew contract, September 2020: AED 105,000 a yearRenewal, September 2021: AED 105,000 a yearRenewal, March 2022: AED 120,000 a yearRenewal, September 2022: AED 120,000 a yearRenewal, September 2023: AED 125,000 a yearRenewal, September 2024: AED 135,000 a yearRenewal, September 2024: AED 135,000 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 606 sits

All 117 2-beds →

606 last sold in December 2014 at AED 2,269 per sqft, 5% above what two-beds in Silverene Tower A were fetching at the time (AED 2,162). 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. 606's AED 135,000 is in the lower half 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 6th floor

All 266 units in Silverene Tower A
Value
6012-bedAED 1.13M · Dec 2012
6021-bedAED 765K · Dec 2012
6031-bedAED 639K · May 2013
6041-bedAED 23K · Jul 2026
6051-bedAED 1.21M · Dec 2019
6072-bedAED 2.35M · Jan 2023
6082-bedAED 1.85M · Dec 2012
1–7 of 9

606, Silverene Tower A in numbers

  • Sold 3 times: first on 21 April 2009 for AED 1,530,000, last on 18 December 2014 for AED 2,400,000 (AED 2,269 per sqft).
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 105,000 in 2021 and recovered to AED 135,000 by September 2024.
  • At AED 135,000 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 23,600 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 1 September 2024.

Questions about 606, Silverene Tower A

What did unit 606 last sell for?

AED 2,400,000 on 18 December 2014: AED 2,269 per sqft for 1,057 sqft. The unit has 3 registered sales; the first was AED 1,530,000 in April 2009.

What is the rent for unit 606?

AED 135,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2024, was AED 135,000; the unit has been rented since March 2013.

How big is unit 606?

1,057 sqft (98.2 sqm): a two-bedroom apartment on the 6th floor of a 34-storey tower completed in 2011.

What is unit 606 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 606, Silverene Tower A

Starts from the last sale price (AED 2.4M, 18 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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