2-bed · 1,067 sqftSilverene Tower A, Dubai Marina · 12th floor · completed 2011

1201, Silverene Tower A

Sold prices and rental history: sold 4 times, last in November 2018, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 15 November 2018
Last soldAED 1.81M15 November 2018
Current rentAED 155K /yr22 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Silverene Tower A

What is 1201 worth today?

Last sold for AED 1,810,000 in 2018

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15 Nov 2018SoldReady
AED 1,810,000AED 1,696 per sqft
22 Aug 2014RentedNew contract
AED 155,000/yr12 months · AED 145 per sqft
2 Nov 2013RentedNew contract
AED 105,000/yr12 months · AED 99 per sqft
5 Jun 2013SoldReady
AED 1,800,000AED 1,687 per sqft
2 Nov 2012RentedNew contract
AED 100,000/yr12 months · AED 94 per sqft
9 Oct 2012SoldReady
AED 1,134,000AED 1,063 per sqft
22 Apr 2009Sold by developerOff-plan
AED 1,134,000AED 1,063 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2018.

Key facts

Type
2-bed apartment
Size
1,067 sqft
Floor
12th of 34
Parking
B3-208
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 23,800 /yr
Last sold
AED 1.81M · November 2018

About 1201, Silverene Tower A

1201 is a two-bedroom apartment of 1,067 sqft on the 12th 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 15 November 2018 for AED 1,810,000, or AED 1,696 per sqft, 3% below the AED 1,749 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 22 August 2014, is AED 155,000 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 23,800 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in Silverene Tower A
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,520,000; 2010 AED 1,460,250; 2011 AED 1,225,000; 2012 AED 1,534,500; 2013 AED 1,768,000; 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; 2020 AED 1,560,000; 2021 AED 1,750,000; 2022 AED 2,050,000; 2023 AED 2,350,000; 2024 AED 2,500,000; 2025 AED 2,800,000Sold by developer, April 2009: AED 1,134,000 (AED 1,063 per sqft)Sold, October 2012: AED 1,134,000 (AED 1,063 per sqft)Sold, June 2013: AED 1,800,000 (AED 1,687 per sqft)Sold, November 2018: AED 1,810,000 (AED 1,696 per sqft)

1201 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in Silverene Tower A
100K150K2012201620202024Typical rent by year: 2012 AED 125,285; 2013 AED 126,000; 2014 AED 150,000; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 150,000; 2018 AED 146,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 154,000; 2025 AED 160,000; 2026 AED 162,500New contract, November 2012: AED 100,000 a yearNew contract, November 2013: AED 105,000 a yearNew contract, August 2014: AED 155,000 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 1201 sits

All 112 2-beds →

1201 last sold in November 2018 at AED 1,696 per sqft, 3% below what two-beds in Silverene Tower A were fetching at the time (AED 1,749). Over the last 12 months two-beds sold for AED 3,500,000 to 4,100,000, around AED 2,440 per sqft, and rent for AED 107,525 to 220,000 a year. 1201's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Feb 20264,100,000
2 Jan 20263,500,000
21 Jul 20252,850,000
17 Jul 20252,550,000
2 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. 6 sold in the last 12 months.

Typical price per sqft
AED 2,440
Typical sale
AED 3.5M
Typical rent
AED 150K /yr
Typical yield
6.0%
Silverene Tower A, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 266 units in Silverene Tower A
Value
12021-bedAED 1.7M · Jun 2024
12031-bedAED 1.44M · Jan 2026
12041-bedAED 1.25M · Jun 2023
12051-bedAED 414K · Apr 2013
12062-bedAED 2M · Jan 2015
12072-bedAED 2.85M · Jul 2025
12082-bedAED 3.4M · Sep 2024
1–7 of 9

1201, Silverene Tower A in numbers

  • Sold 4 times: first on 22 April 2009 for AED 1,134,000, last on 15 November 2018 for AED 1,810,000 (AED 1,696 per sqft).
  • Rented since November 2012 on 3 Ejari contracts, from AED 100,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2018 price is 8.6%, before a service charge of about AED 23,800 a year (AED 22.32 per sqft).
  • Two-beds in Silverene Tower A sold for AED 3,500,000–4,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,440 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2018.

Questions about 1201, Silverene Tower A

What did unit 1201 last sell for?

AED 1,810,000 on 15 November 2018: AED 1,696 per sqft for 1,067 sqft. The unit has 4 registered sales; the first was AED 1,134,000 in April 2009.

What is the rent for unit 1201?

AED 155,000 a year on the contract signed on 22 August 2014. The previous contract, from November 2013, was AED 105,000; the unit has been rented since November 2012.

How big is unit 1201?

1,067 sqft (99.1 sqm): a two-bedroom apartment on the 12th floor of a 34-storey tower completed in 2011.

What is unit 1201 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 3,500,000 to 4,100,000 in the last 12 months, around AED 2,440 per sqft.

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Mortgage on 1201, Silverene Tower A

Starts from the last sale price (AED 1.81M, 15 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,810,000
Deposit, UAE resident (20%)
AED 362,000
Deposit, non-resident (40%)
AED 724,000
Monthly over 25 years at 3.7%
AED 7,405

Plus AED 81,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →