1-bed · 596 sqftSilverene Tower A, Dubai Marina · 12th floor · completed 2011

1204, Silverene Tower A

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 1.25M15 June 2023
Current rentAED 120K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Silverene Tower A

What is 1204 worth today?

Last sold for AED 1,250,000 in 2023

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20 Aug 2024RentedNew contract
AED 120,000/yr12 months · AED 203 per sqft
15 Jun 2023SoldReady
AED 1,250,000AED 2,098 per sqft
8 Apr 2023RentedNew contract
AED 80,000/yr12 months · AED 135 per sqft
15 Mar 2022RentedRenewal
AED 55,000/yr12 months · AED 93 per sqft
15 Mar 2021RentedNew contract
AED 50,000/yr12 months · AED 84 per sqft
10 Jan 2020RentedRenewal
AED 90,000/yr12 months · AED 152 per sqft
10 Jan 2019RentedRenewal
AED 90,000/yr12 months · AED 152 per sqft
10 Jan 2018RentedRenewal
AED 90,000/yr12 months · AED 152 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2024.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
12th of 34
Parking
B3-98
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 13,300 /yr
Last sold
AED 1.25M · June 2023

About 1204, Silverene Tower A

1204 is a one-bedroom apartment of 596 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 June 2023 for AED 1,250,000, or AED 2,098 per sqft, 8% above the AED 1,938 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 20 August 2024, is AED 120,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 13,300 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical one-bed in Silverene Tower A
500K1M1.5M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 760,000; 2009 AED 760,000; 2010 AED 764,700; 2011 AED 837,000; 2012 AED 764,400; 2013 AED 843,500; 2014 AED 1,420,000; 2015 AED 1,500,000; 2016 AED 1,380,000; 2017 AED 1,310,000; 2018 AED 1,500,000; 2019 AED 1,075,000; 2021 AED 1,212,500; 2022 AED 1,130,000; 2023 AED 1,285,000; 2024 AED 1,700,000Sold by developer, April 2009: AED 657,000 (AED 1,103 per sqft)Sold, December 2012: AED 657,000 (AED 1,103 per sqft)Sold, June 2023: AED 1,250,000 (AED 2,098 per sqft)

1204 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in Silverene Tower A
50K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 74,250; 2014 AED 89,250; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 95,000; 2018 AED 93,000; 2019 AED 82,964; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 80,000; 2023 AED 90,000; 2024 AED 97,750; 2025 AED 100,000; 2026 AED 100,000New contract, January 2014: AED 75,000 a yearRenewal, January 2015: AED 80,000 a yearRenewal, January 2018: AED 90,000 a yearRenewal, January 2019: AED 90,000 a yearRenewal, January 2020: AED 90,000 a yearNew contract, March 2021: AED 50,000 a yearRenewal, March 2022: AED 55,000 a yearNew contract, April 2023: AED 80,000 a yearNew contract, August 2024: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Silverene Tower A, and where 1204 sits

All 98 1-beds →

1204 last sold in June 2023 at AED 2,098 per sqft, 8% above what one-beds in Silverene Tower A were fetching at the time (AED 1,938). Over the last 12 months one-beds sold for AED 1,440,000 to 2,200,000, around AED 2,514 per sqft, and rent for AED 86,712 to 180,000 a year. 1204's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jan 20261,440,000
14 Jan 202622,016
2 Jan 20262,200,000
24 Jul 20251,670,000
3 1-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
12012-bedAED 1.81M · Nov 2018
12021-bedAED 1.7M · Jun 2024
12031-bedAED 1.44M · Jan 2026
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

1204, Silverene Tower A in numbers

  • Sold 3 times: first on 22 April 2009 for AED 657,000, last on 15 June 2023 for AED 1,250,000 (AED 2,098 per sqft).
  • Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2021 and recovered to AED 120,000 by August 2024.
  • At AED 120,000 a year the gross yield on the 2023 price is 9.6%, before a service charge of about AED 13,300 a year (AED 22.32 per sqft).
  • One-beds in Silverene Tower A sold for AED 1,440,000–2,200,000 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 20 August 2024.

Questions about 1204, Silverene Tower A

What did unit 1204 last sell for?

AED 1,250,000 on 15 June 2023: AED 2,098 per sqft for 596 sqft. The unit has 3 registered sales; the first was AED 657,000 in April 2009.

What is the rent for unit 1204?

AED 120,000 a year on the contract signed on 20 August 2024. The previous contract, from April 2023, was AED 80,000; the unit has been rented since January 2014.

How big is unit 1204?

596 sqft (55.4 sqm): a one-bedroom apartment on the 12th floor of a 34-storey tower completed in 2011.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silverene Tower A sold for AED 1,440,000 to 2,200,000 in the last 12 months, around AED 2,514 per sqft.

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Mortgage on 1204, Silverene Tower A

Starts from the last sale price (AED 1.25M, 15 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →