2-bed · 1,059 sqftSilverene Tower A, Dubai Marina · 6th floor · completed 2011

607, Silverene Tower A

Sold prices and rental history: sold 5 times, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 30 January 2023
Last soldAED 2.35M30 January 2023
Current rentAED 135K /yr20 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Silverene Tower A

What is 607 worth today?

Last sold for AED 2,350,000 in 2023

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30 Jan 2023SoldReady
AED 2,350,000AED 2,220 per sqft
20 Aug 2022RentedNew contract
AED 135,000/yr12 months · AED 128 per sqft
15 Sep 2021RentedRenewal
AED 110,000/yr12 months · AED 104 per sqft
15 Sep 2020RentedRenewal
AED 110,000/yr12 months · AED 104 per sqft
15 Sep 2019RentedNew contract
AED 110,000/yr12 months · AED 104 per sqft
4 Mar 2014SoldReady
AED 2,400,000AED 2,267 per sqft
21 Feb 2013RentedNew contract
AED 140,000/yr12 months · AED 133 per sqft
21 Jan 2013SoldReady
AED 1,377,000AED 1,300 per sqft

Source: Dubai Land Department. Updated 30 January 2023.

Key facts

Type
2-bed apartment
Size
1,059 sqft
Floor
6th of 34
Parking
B3-143
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 23,600 /yr
Last sold
AED 2.35M · January 2023

About 607, Silverene Tower A

607 is a two-bedroom apartment of 1,059 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 30 January 2023 for AED 2,350,000, or AED 2,220 per sqft, 16% above the AED 1,921 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 20 August 2022, is AED 135,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 23,600 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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 1,377,000 (AED 1,300 per sqft)Sold, August 2011: AED 1,225,000 (AED 1,157 per sqft)Sold, January 2013: AED 1,377,000 (AED 1,300 per sqft)Sold, March 2014: AED 2,400,000 (AED 2,267 per sqft)Sold, January 2023: AED 2,350,000 (AED 2,220 per sqft)

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

Rents
Unit 607, each contractTypical two-bed in Silverene Tower A
125K150K2012201620202024Typical 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, February 2013: AED 140,000 a yearNew contract, September 2019: AED 110,000 a yearRenewal, September 2020: AED 110,000 a yearRenewal, September 2021: AED 110,000 a yearNew contract, August 2022: 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 607 sits

All 117 2-beds →

607 last sold in January 2023 at AED 2,220 per sqft, 16% above what two-beds in Silverene Tower A were fetching at the time (AED 1,921). 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. 607'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
6062-bedAED 2.4M · Dec 2014
6082-bedAED 1.85M · Dec 2012
1–7 of 9

607, Silverene Tower A in numbers

  • Sold 5 times: first on 21 April 2009 for AED 1,377,000, last on 30 January 2023 for AED 2,350,000 (AED 2,220 per sqft).
  • Rented since February 2013 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2021 and recovered to AED 135,000 by August 2022.
  • At AED 135,000 a year the gross yield on the 2023 price is 5.7%, 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 30 January 2023.

Questions about 607, Silverene Tower A

What did unit 607 last sell for?

AED 2,350,000 on 30 January 2023: AED 2,220 per sqft for 1,059 sqft. The unit has 5 registered sales; the first was AED 1,377,000 in April 2009.

What is the rent for unit 607?

AED 135,000 a year on the contract signed on 20 August 2022. The previous contract, from September 2021, was AED 110,000; the unit has been rented since February 2013.

How big is unit 607?

1,059 sqft (98.4 sqm): a two-bedroom apartment on the 6th floor of a 34-storey tower completed in 2011.

What is unit 607 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 607, Silverene Tower A

Starts from the last sale price (AED 2.35M, 30 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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