2-bed · 1,441 sqftSilverene Tower A, Dubai Marina · 6th floor · completed 2011

609, Silverene Tower A

Sold prices and rental history: sold 4 times, last in July 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 3.1M29 July 2024
Current rentAED 135K /yr13 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Silverene Tower A

What is 609 worth today?

Last sold for AED 3,100,000 in 2024

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29 Jul 2024SoldReady
AED 3,100,000AED 2,150 per sqft
15 Sep 2021SoldReady
AED 2,200,000AED 1,526 per sqft
13 Jan 2020RentedNew contract
AED 135,000/yr12 months · AED 94 per sqft
27 May 2019RentedRenewal
AED 165,000/yr12 months · AED 114 per sqft
27 May 2018RentedNew contract
AED 170,000/yr12 months · AED 118 per sqft
16 Oct 2012SoldReady
AED 2,050,000AED 1,422 per sqft
21 Apr 2009Sold by developerOff-plan
AED 2,050,000AED 1,422 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
2-bed apartment
Size
1,441 sqft
Floor
6th of 34
Parking
B2-55
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 32,200 /yr
Last sold
AED 3.1M · July 2024

About 609, Silverene Tower A

609 is a two-bedroom apartment of 1,441 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 29 July 2024 for AED 3,100,000, or AED 2,150 per sqft, 4% below the AED 2,249 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 13 January 2020, is AED 135,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 32,200 a year.

Sales and rents for 609 over time

Sales
Unit 609, 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 2,050,000 (AED 1,422 per sqft)Sold, October 2012: AED 2,050,000 (AED 1,422 per sqft)Sold, September 2021: AED 2,200,000 (AED 1,526 per sqft)Sold, July 2024: AED 3,100,000 (AED 2,150 per sqft)

609 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 609, each contractTypical two-bed in Silverene Tower A
125K150K175K2012201620202024Typical 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, May 2018: AED 170,000 a yearRenewal, May 2019: AED 165,000 a yearNew contract, January 2020: 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 609 sits

All 117 2-beds →

609 last sold in July 2024 at AED 2,150 per sqft, 4% below what two-beds in Silverene Tower A were fetching at the time (AED 2,249). 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. 609'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
6072-bedAED 2.35M · Jan 2023
1–7 of 9

609, Silverene Tower A in numbers

  • Sold 4 times: first on 21 April 2009 for AED 2,050,000, last on 29 July 2024 for AED 3,100,000 (AED 2,150 per sqft).
  • Rented since May 2018 on 3 Ejari contracts, from AED 170,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 32,200 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 29 July 2024.

Questions about 609, Silverene Tower A

What did unit 609 last sell for?

AED 3,100,000 on 29 July 2024: AED 2,150 per sqft for 1,441 sqft. The unit has 4 registered sales; the first was AED 2,050,000 in April 2009.

What is the rent for unit 609?

AED 135,000 a year on the contract signed on 13 January 2020. The previous contract, from May 2019, was AED 165,000; the unit has been rented since May 2018.

How big is unit 609?

1,441 sqft (133.9 sqm): a two-bedroom apartment on the 6th floor of a 34-storey tower completed in 2011.

What is unit 609 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 609, Silverene Tower A

Starts from the last sale price (AED 3.1M, 29 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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