1602, Silverene Tower A
Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Silverene Tower A
What is 1602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 832 sqft
- Floor
- 16th of 34
- Parking
- B3-109
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2011
- Service charge
- AED 18,600 /yr
- Last sold
- AED 930K · February 2013
- Building
- Silverene Tower A
About 1602, Silverene Tower A
1602 is a one-bedroom apartment of 832 sqft on the 16th 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 27 February 2013 for AED 930,000, or AED 1,118 per sqft, in line with the AED 1,117 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 7 September 2024, is AED 117,600 a year: a gross yield of 12.7% on the 2013 price, before the service charge of about AED 18,600 a year.
Sales and rents for 1602 over time
1602 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1602 sits
All 98 1-beds →1602 last sold in February 2013 at AED 1,118 per sqft, in line with what one-beds in Silverene Tower A were fetching at the time (AED 1,117). 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. 1602's AED 117,600 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jan 202615 January 2026 | 609 sqft | 1,440,000 | 2,362 | ||
| 14 Jan 202614 January 2026 | 599 sqft | 22,016 | 36 | ||
| 2 Jan 20262 January 2026 | 825 sqft | 2,200,000 | 2,666 | ||
| 24 Jul 202524 July 2025 | 825 sqft | 1,670,000 | 2,023 |
Silverene Tower A
Building266 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%
Other units on the 16th floor
All 266 units in Silverene Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,067 sqft | AED 2.06MAED 2,060,000 · Jan 2016January 2016 | 159,116 /yr | |
| 1603 | 1-bed | 606 sqft | AED 1.1MAED 1,100,000 · Jun 2013June 2013 | 84,700 /yr | |
| 1604 | 1-bed | 598 sqft | AED 1.5MAED 1,500,000 · Aug 2015August 2015 | 85,000 /yr | |
| 1605 | 1-bed | 831 sqft | AED 1.43MAED 1,425,000 · Oct 2021October 2021 | 84,000 /yr | |
| 1606 | 2-bed | 1,057 sqft | AED 1.35MAED 1,351,500 · Dec 2012December 2012 | 135,000 /yr | |
| 1607 | 2-bed | 1,059 sqft | AED 1.59MAED 1,590,000 · Dec 2012December 2012 | 155,000 /yr | |
| 1608 | 2-bed | 1,430 sqft | AED 3.6MAED 3,600,000 · Apr 2025April 2025 | 155,000 /yr | |
| 1609 | 2-bed | 1,439 sqft | AED 3MAED 3,000,000 · Jan 2016January 2016 | 187,500 /yr | |
| 1610 | 2-bed | 1,067 sqft | AED 1.46MAED 1,464,000 · Mar 2013March 2013 | 150,000 /yr |
1602, Silverene Tower A in numbers
- Sold 3 times: first on 1 October 2009 for AED 756,500, last on 27 February 2013 for AED 930,000 (AED 1,118 per sqft).
- Rented since July 2014 on 10 Ejari contracts. The rent fell from AED 140,000 to AED 95,000 in 2020 and recovered to AED 117,600 by September 2024.
- At AED 117,600 a year the gross yield on the 2013 price is 12.7%, before a service charge of about AED 18,600 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 7 September 2024.
Questions about 1602, Silverene Tower A
What did unit 1602 last sell for?
AED 930,000 on 27 February 2013: AED 1,118 per sqft for 832 sqft. The unit has 3 registered sales; the first was AED 756,500 in October 2009.
What is the rent for unit 1602?
AED 117,600 a year on the contract renewed on 7 September 2024. The previous contract, from September 2022, was AED 112,000; the unit has been rented since July 2014.
How big is unit 1602?
832 sqft (77.3 sqm): a one-bedroom apartment on the 16th floor of a 34-storey tower completed in 2011.
What is unit 1602 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 1602, Silverene Tower A
Starts from the last sale price (AED 930K, 27 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 930,000
- Deposit, UAE resident (20%)
- AED 186,000
- Deposit, non-resident (40%)
- AED 372,000
- Monthly over 25 years at 3.7%
- AED 3,805
Plus AED 44,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →