708, Silverene Tower A
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Silverene Tower A
What is 708 worth today?
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Source: Dubai Land Department. Updated 5 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,427 sqft
- Floor
- 7th of 34
- Parking
- B3-67,B3-67T
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 31,900 /yr
- Last sold
- AED 1.85M · December 2012
- Building
- Silverene Tower A
About 708, Silverene Tower A
708 is a two-bedroom apartment of 1,427 sqft on the 7th 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 9 December 2012 for AED 1,854,000, or AED 1,299 per sqft, in line with the AED 1,311 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 5 June 2023, is AED 175,000 a year: a gross yield of 9.4% on the 2012 price, before the service charge of about AED 31,900 a year.
Sales and rents for 708 over time
708 has sold twice; the dashed line is the two-bed median of each year in the building.
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 708 sits
All 117 2-beds →708 last sold in December 2012 at AED 1,299 per sqft, in line with what two-beds in Silverene Tower A were fetching at the time (AED 1,311). 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. 708's AED 175,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 1,062 sqft | 2,250,000 | 2,118 | ||
| 11 May 202611 May 2026 | 1,105 sqft | 2,025,000 | 1,832 | ||
| 24 Apr 202624 April 2026 | 1,062 sqft | 2,525,000 | 2,376 | ||
| 4 Mar 20264 March 2026 | 1,062 sqft | 2,522,816 | 2,374 |
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 7th floor
All 266 units in Silverene Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,067 sqft | AED 2.05MAED 2,050,000 · Nov 2022November 2022 | 50,000 /yr | |
| 702 | 1-bed | 832 sqft | AED 1.83MAED 1,830,000 · Jul 2017July 2017 | 110,000 /yr | |
| 703 | 1-bed | 609 sqft | AED 1.28MAED 1,280,000 · Apr 2014April 2014 | 80,000 /yr | |
| 704 | 1-bed | 596 sqft | AED 639KAED 639,000 · Oct 2012October 2012 | 100,000 /yr | |
| 705 | 1-bed | 831 sqft | AED 1.57MAED 1,565,500 · Mar 2013March 2013 | 120,000 /yr | |
| 706 | 2-bed | 1,057 sqft | AED 2.23MAED 2,225,000 · Mar 2016March 2016 | 165,000 /yr | |
| 707 | 2-bed | 1,059 sqft | AED 1.9MAED 1,900,000 · Feb 2022February 2022 | 125,000 /yr | |
| 709 | 2-bed | 1,441 sqft | AED 2.55MAED 2,546,000 · Feb 2013February 2013 | ||
| 710 | 2-bed | 1,067 sqft | AED 1.22MAED 1,220,000 · Feb 2020February 2020 | 160,000 /yr |
708, Silverene Tower A in numbers
- Sold twice: first on 21 April 2009 for AED 1,854,000, last on 9 December 2012 for AED 1,854,000 (AED 1,299 per sqft).
- Rented since September 2013 on 10 Ejari contracts, from AED 190,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2012 price is 9.4%, before a service charge of about AED 31,900 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 5 June 2023.
Questions about 708, Silverene Tower A
What did unit 708 last sell for?
AED 1,854,000 on 9 December 2012: AED 1,299 per sqft for 1,427 sqft. The unit has 2 registered sales; the first was AED 1,854,000 in April 2009.
What is the rent for unit 708?
AED 175,000 a year on the contract renewed on 5 June 2023. The previous contract, from June 2022, was AED 175,000; the unit has been rented since September 2013.
How big is unit 708?
1,427 sqft (132.6 sqm): a two-bedroom apartment on the 7th floor of a 34-storey tower completed in 2011.
What is unit 708 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 708, Silverene Tower A
Starts from the last sale price (AED 1.85M, 9 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,854,000
- Deposit, UAE resident (20%)
- AED 370,800
- Deposit, non-resident (40%)
- AED 741,600
- Monthly over 25 years at 3.7%
- AED 7,585
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →