2-bed · 1,350 sqftSilverene Tower B, Dubai Marina · 23rd floor · completed 2011

2302, Silverene Tower B

Sold prices and rental history: sold 4 times, last in October 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 3 October 2018
Last soldAED 2.6M3 October 2018
Current rentAED 145K /yr30 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, Silverene Tower B

What is 2302 worth today?

Last sold for AED 2,600,000 in 2018

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3 Oct 2018SoldReady
AED 2,600,000AED 1,926 per sqft
31 Jul 2016SoldReady
AED 2,850,000AED 2,111 per sqft
30 Nov 2015RentedRenewal
AED 145,000/yr12 months · AED 107 per sqft
30 Nov 2014RentedNew contract
AED 145,000/yr12 months · AED 107 per sqft
30 Nov 2013RentedNew contract
AED 145,000/yr12 months · AED 108 per sqft
2 Jan 2013SoldReady
AED 2,080,000AED 1,541 per sqft
11 Apr 2012Sold by developerOff-plan
AED 2,080,000AED 1,541 per sqft

Source: Dubai Land Department. Updated 3 October 2018.

Key facts

Type
2-bed apartment
Size
1,350 sqft
Floor
23rd of 25
Parking
B1-15
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 30,100 /yr
Last sold
AED 2.6M · October 2018

About 2302, Silverene Tower B

2302 is a two-bedroom apartment of 1,350 sqft on the 23rd floor of Silverene Tower B, a 25-storey tower in Dubai Marina completed in 2011 by Cayan Real Estate Investment & Development. It last sold on 3 October 2018 for AED 2,600,000, or AED 1,926 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 30 November 2015, is AED 145,000 a year: a gross yield of 5.6% on the 2018 price, before the service charge of about AED 30,100 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, each saleTypical two-bed in Silverene Tower B
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,430,000; 2011 AED 660,000; 2012 AED 1,400,000; 2013 AED 1,480,000; 2014 AED 2,223,000; 2015 AED 2,000,000; 2016 AED 2,368,500; 2018 AED 2,000,000; 2021 AED 1,300,000; 2022 AED 1,859,000; 2023 AED 2,037,500; 2024 AED 2,325,000; 2025 AED 2,360,000Sold by developer, April 2012: AED 2,080,000 (AED 1,541 per sqft)Sold, January 2013: AED 2,080,000 (AED 1,541 per sqft)Sold, July 2016: AED 2,850,000 (AED 2,111 per sqft)Sold, October 2018: AED 2,600,000 (AED 1,926 per sqft)

2302 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2302, each contractTypical two-bed in Silverene Tower B
100K125K150K2013201720212025Typical rent by year: 2013 AED 125,000; 2014 AED 133,500; 2015 AED 142,500; 2016 AED 140,000; 2017 AED 132,000; 2018 AED 130,000; 2019 AED 110,000; 2020 AED 99,000; 2021 AED 95,000; 2022 AED 100,500; 2023 AED 130,000; 2024 AED 147,500; 2025 AED 150,000; 2026 AED 135,000New contract, November 2013: AED 145,000 a yearNew contract, November 2014: AED 145,000 a yearRenewal, November 2015: AED 145,000 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 B, and where 2302 sits

All 45 2-beds →

Over the last 12 months two-beds sold for AED 2,350,000 to 4,200,000, around AED 2,783 per sqft, and rent for AED 70,000 to 185,000 a year. 2302's AED 145,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Jul 20264,200,000
24 Mar 20262,350,000
13 Jun 20252,350,000
18 Mar 20252,500,000
2 2-bed sales in the last 12 months

Silverene Tower B

Building

316 apartments, studios to 3-bed over 25 floors in Dubai Marina, completed in 2011 by Cayan Real Estate Investment & Development. 23 sold in the last 12 months.

Typical price per sqft
AED 2,444 Down 1.2%
Typical sale
AED 1.55M
Typical rent
AED 100K /yr
Typical yield
5.9%
Silverene Tower B, Dubai Marina: prices, sales and rents →

Other units on the 23rd floor

All 316 units in Silverene Tower B
Value
23011-bedAED 950K · Dec 2020
23031-bedAED 1.64M · Nov 2024
23041-bedAED 1.29M · Dec 2012
2305StudioAED 750K · Feb 2013
2306StudioAED 1.18M · Nov 2023
2307StudioAED 1.16M · Oct 2023
2308StudioAED 790K · Aug 2019
1–7 of 11

2302, Silverene Tower B in numbers

  • Sold 4 times: first on 11 April 2012 for AED 2,080,000, last on 3 October 2018 for AED 2,600,000 (AED 1,926 per sqft).
  • Rented since November 2013 on 3 Ejari contracts, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2018 price is 5.6%, before a service charge of about AED 30,100 a year (AED 22.32 per sqft).
  • Two-beds in Silverene Tower B sold for AED 2,350,000–4,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,444 per sqft.

Source: Dubai Land Department. Updated 3 October 2018.

Questions about 2302, Silverene Tower B

What did unit 2302 last sell for?

AED 2,600,000 on 3 October 2018: AED 1,926 per sqft for 1,350 sqft. The unit has 4 registered sales; the first was AED 2,080,000 in April 2012.

What is the rent for unit 2302?

AED 145,000 a year on the contract renewed on 30 November 2015. The previous contract, from November 2014, was AED 145,000; the unit has been rented since November 2013.

How big is unit 2302?

1,350 sqft (125.4 sqm): a two-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2011.

What is unit 2302 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 B sold for AED 2,350,000 to 4,200,000 in the last 12 months, around AED 2,783 per sqft.

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Mortgage on 2302, Silverene Tower B

Starts from the last sale price (AED 2.6M, 3 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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