2-bed · 1,427 sqftSilverene Tower A, Dubai Marina · 6th floor · completed 2011

608, Silverene Tower A

Sold prices and rental history: sold 3 times, last in December 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 27 December 2012
Last soldAED 1.85M27 December 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Silverene Tower A

What is 608 worth today?

Last sold for AED 1,845,000 in 2012

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27 Dec 2012SoldReady
AED 1,845,000AED 1,292 per sqft
14 Apr 2011SoldOff-plan
AED 1,845,000AED 1,292 per sqft
21 Apr 2009Sold by developerOff-plan
AED 1,845,000AED 1,292 per sqft

Source: Dubai Land Department. Updated 27 December 2012.

Key facts

Type
2-bed apartment
Size
1,427 sqft
Floor
6th of 34
Parking
B3-66,B3-66T
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 31,900 /yr
Last sold
AED 1.85M · December 2012

About 608, Silverene Tower A

608 is a two-bedroom apartment of 1,427 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 27 December 2012 for AED 1,845,000, or AED 1,292 per sqft, in line with the AED 1,315 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 608 over time

Sales
Unit 608, 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 1,845,000 (AED 1,292 per sqft)Sold, April 2011: AED 1,845,000 (AED 1,292 per sqft)Sold, December 2012: AED 1,845,000 (AED 1,292 per sqft)

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

Rents
Unit 608, 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 160,000

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 608 sits

All 117 2-beds →

608 last sold in December 2012 at AED 1,292 per sqft, in line with what two-beds in Silverene Tower A were fetching at the time (AED 1,315). 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.

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
6072-bedAED 2.35M · Jan 2023
1–7 of 9

608, Silverene Tower A in numbers

  • Sold 3 times: first on 21 April 2009 for AED 1,845,000, last on 27 December 2012 for AED 1,845,000 (AED 1,292 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 27 December 2012.

Questions about 608, Silverene Tower A

What did unit 608 last sell for?

AED 1,845,000 on 27 December 2012: AED 1,292 per sqft for 1,427 sqft. The unit has 3 registered sales; the first was AED 1,845,000 in April 2009.

How big is unit 608?

1,427 sqft (132.6 sqm): a two-bedroom apartment on the 6th floor of a 34-storey tower completed in 2011.

What is unit 608 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 608, Silverene Tower A

Starts from the last sale price (AED 1.85M, 27 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,845,000
Deposit, UAE resident (20%)
AED 369,000
Deposit, non-resident (40%)
AED 738,000
Monthly over 25 years at 3.7%
AED 7,548

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