714 sqftSilverene Tower A, Dubai Marina · 14th floor · completed 2011

1408, Silverene Tower A

Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 26 February 2025
Last soldAED 2.32M9 October 2012
Current rentAED 210K /yr26 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Silverene Tower A

What is 1408 worth today?

Last sold for AED 2,321,000 in 2012

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26 Feb 2025RentedRenewal
AED 210,000/yr12 months · AED 148 per sqft
15 Feb 2022RentedRenewal
AED 144,000/yr12 months · AED 101 per sqft
15 Feb 2021RentedNew contract
AED 133,000/yr12 months · AED 93 per sqft
31 Jan 2020RentedNew contract
AED 140,000/yr12 months · AED 98 per sqft
15 Jan 2018RentedNew contract
AED 165,000/yr24 months · AED 115 per sqft
17 Dec 2016RentedRenewal
AED 185,000/yr12 months · AED 129 per sqft
17 Dec 2015RentedNew contract
AED 185,000/yr12 months · AED 129 per sqft
16 Sep 2014RentedRenewal
AED 175,000/yr24 months · AED 122 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 February 2025.

Key facts

Type
Apartment
Size
714 sqft
Floor
14th of 34
Parking
B1-74,B1-75
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 15,900 /yr
Last sold
AED 2.32M · October 2012

About 1408, Silverene Tower A

1408 is an apartment of 714 sqft on the 14th 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 October 2012 for AED 2,321,000, or AED 1,626 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 26 February 2025, is AED 210,000 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 15,900 a year.

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 14th floor

All 266 units in Silverene Tower A
Value
14012-bedAED 2.05M · Jun 2022
14021-bedAED 1.69M · Nov 2023
14031-bedAED 1.13M · Oct 2018
14041-bedAED 683K · Oct 2012
14051-bedAED 1.75M · Jun 2014
14062-bedAED 1.85M · Jan 2018
14072-bedAED 2.4M · Feb 2025
1–7 of 9

1408, Silverene Tower A in numbers

  • Sold twice: first on 23 April 2009 for AED 2,321,000, last on 9 October 2012 for AED 2,321,000 (AED 1,626 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 165,000 to AED 133,000 in 2021 and recovered to AED 210,000 by February 2025.
  • At AED 210,000 a year the gross yield on the 2012 price is 9.0%, before a service charge of about AED 15,900 a year (AED 22.32 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 26 February 2025.

Questions about 1408, Silverene Tower A

What did unit 1408 last sell for?

AED 2,321,000 on 9 October 2012: AED 1,626 per sqft for 714 sqft. The unit has 2 registered sales; the first was AED 2,321,000 in April 2009.

What is the rent for unit 1408?

AED 210,000 a year on the contract renewed on 26 February 2025. The previous contract, from February 2022, was AED 144,000; the unit has been rented since September 2013.

How big is unit 1408?

714 sqft (66.3 sqm): an apartment on the 14th floor of a 34-storey tower completed in 2011.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1408, Silverene Tower A

Starts from the last sale price (AED 2.32M, 9 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,321,000
Deposit, UAE resident (20%)
AED 464,200
Deposit, non-resident (40%)
AED 928,400
Monthly over 25 years at 3.7%
AED 9,496

Plus AED 102,492 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →