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2-bed · 1,441 sqftSilverene Tower A, Dubai Marina · 7th floor · completed 2011

709, Silverene Tower A

Sold prices and rental history: sold 3 times, last in February 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 17 February 2013
Last soldAED 2.55M17 February 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 709, Silverene Tower A

What is 709 worth today?

Last sold for AED 2,546,000 in 2013

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17 Feb 2013SoldReady
AED 2,546,000AED 1,766 per sqft
31 Jan 2013SoldReady
AED 2,060,000AED 1,429 per sqft
21 Apr 2009Sold by developerOff-plan
AED 2,060,000AED 1,429 per sqft

Source: Dubai Land Department. Updated 17 February 2013.

Key facts

Type
2-bed apartment
Size
1,441 sqft
Floor
7th of 34
Parking
B2-56,B2-56T
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 32,200 /yr
Last sold
AED 2.55M · February 2013
Building
Silverene Tower A

About 709, Silverene Tower A

709 is a two-bedroom apartment of 1,441 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 17 February 2013 for AED 2,546,000, or AED 1,766 per sqft, 35% above the AED 1,309 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 709 over time

Sales
Unit 709, 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 2,060,000 (AED 1,429 per sqft)Sold, January 2013: AED 2,060,000 (AED 1,429 per sqft)Sold, February 2013: AED 2,546,000 (AED 1,766 per sqft)

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

Rents
Unit 709, 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 709 sits

All 117 2-beds →

709 last sold in February 2013 at AED 1,766 per sqft, 35% above what two-beds in Silverene Tower A were fetching at the time (AED 1,309). 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 7th floor

All 266 units in Silverene Tower A
Value
7012-bedAED 2.05M · Nov 2022
7021-bedAED 1.83M · Jul 2017
7031-bedAED 1.28M · Apr 2014
7041-bedAED 639K · Oct 2012
7051-bedAED 1.57M · Mar 2013
7062-bedAED 2.23M · Mar 2016
7072-bedAED 1.9M · Feb 2022
1–7 of 9

709, Silverene Tower A in numbers

  • Sold 3 times: first on 21 April 2009 for AED 2,060,000, last on 17 February 2013 for AED 2,546,000 (AED 1,766 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 17 February 2013.

Questions about 709, Silverene Tower A

What did unit 709 last sell for?

AED 2,546,000 on 17 February 2013: AED 1,766 per sqft for 1,441 sqft. The unit has 3 registered sales; the first was AED 2,060,000 in April 2009.

How big is unit 709?

1,441 sqft (133.9 sqm): a two-bedroom apartment on the 7th floor of a 34-storey tower completed in 2011.

What is unit 709 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 709, Silverene Tower A

Starts from the last sale price (AED 2.55M, 17 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,546,000
Deposit, UAE resident (20%)
AED 509,200
Deposit, non-resident (40%)
AED 1,018,400
Monthly over 25 years at 3.7%
AED 10,416

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