3-bed · 1,791 sqftSilverene Tower A, Dubai Marina · 18th floor · completed 2011

1808, Silverene Tower A

Sold prices and rental history: sold twice, last in April 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1808 · DLD and Ejari recordsUpdated 10 March 2023
Last soldAED 2.67M29 April 2013
Current rentAED 190K /yr10 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1808, Silverene Tower A

What is 1808 worth today?

Last sold for AED 2,670,000 in 2013

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10 Mar 2023RentedNew contract
AED 190,000/yr12 months · AED 106 per sqft
10 Mar 2022RentedNew contract
AED 180,000/yr12 months · AED 101 per sqft
10 Mar 2021RentedNew contract
AED 153,000/yr12 months · AED 86 per sqft
10 Mar 2020RentedNew contract
AED 160,000/yr12 months · AED 90 per sqft
1 Sep 2018RentedNew contract
AED 170,000/yr12 months · AED 95 per sqft
25 Jun 2017RentedRenewal
AED 210,000/yr12 months · AED 118 per sqft
25 Jun 2016RentedNew contract
AED 210,000/yr12 months · AED 118 per sqft
23 Jun 2015RentedNew contract
AED 202,125/yr12 months · AED 113 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2023.

Key facts

Type
3-bed apartment
Size
1,791 sqft
Floor
18th of 34
Parking
B2-88,B2-89
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 40,000 /yr
Last sold
AED 2.67M · April 2013

About 1808, Silverene Tower A

1808 is a three-bedroom apartment of 1,791 sqft on the 18th 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 29 April 2013 for AED 2,670,000, or AED 1,490 per sqft, in line with the AED 1,489 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 10 March 2023, is AED 190,000 a year: a gross yield of 7.1% on the 2013 price, before the service charge of about AED 40,000 a year.

Sales and rents for 1808 over time

Sales
Unit 1808, each saleTypical three-bed in Silverene Tower A
2M4M20092013201720212025Typical sale price by year: 2009 AED 2,700,000; 2010 AED 2,663,000; 2011 AED 2,235,500; 2012 AED 2,576,500; 2013 AED 2,695,000; 2014 AED 4,350,000; 2016 AED 3,800,000; 2019 AED 2,922,500; 2020 AED 2,000,000; 2021 AED 2,450,000; 2022 AED 3,392,500; 2023 AED 3,300,000; 2024 AED 3,975,000Sold by developer, April 2009: AED 2,670,000 (AED 1,490 per sqft)Sold, April 2013: AED 2,670,000 (AED 1,490 per sqft)

1808 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1808, each contractTypical three-bed in Silverene Tower A
150K200K2012201620202024Typical rent by year: 2012 AED 187,500; 2013 AED 180,000; 2014 AED 225,000; 2015 AED 225,000; 2016 AED 222,500; 2017 AED 214,988; 2018 AED 205,000; 2019 AED 190,000; 2020 AED 172,500; 2021 AED 165,000; 2022 AED 182,500; 2023 AED 194,000; 2024 AED 219,972; 2025 AED 230,000New contract, June 2015: AED 202,125 a yearNew contract, June 2016: AED 210,000 a yearRenewal, June 2017: AED 210,000 a yearNew contract, September 2018: AED 170,000 a yearNew contract, March 2020: AED 160,000 a yearNew contract, March 2021: AED 153,000 a yearNew contract, March 2022: AED 180,000 a yearNew contract, March 2023: AED 190,000 a year

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

3-beds in Silverene Tower A, and where 1808 sits

All 44 3-beds →

1808 last sold in April 2013 at AED 1,490 per sqft, in line with what three-beds in Silverene Tower A were fetching at the time (AED 1,489). Over the last 12 months three-beds sold for AED 4,375,000, around AED 2,440 per sqft, and rent for AED 207,900 to 240,000 a year. 1808's AED 190,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Dec 20254,375,000
13 Jun 20253,612,532
16 Oct 20244,300,000
4 Jun 20244,000,000
1 3-bed sale 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 18th floor

All 266 units in Silverene Tower A
Value
18013-bedAED 4.1M · Mar 2015
18021-bedAED 900K · May 2013
18031-bedAED 740K · Feb 2013
18041-bedAED 740K · Feb 2013
18052-bedAED 1.5M · Mar 2013
18062-bedAED 1.2M · Feb 2013
18073-bedAED 4.5M · Feb 2014

1808, Silverene Tower A in numbers

  • Sold twice: first on 26 April 2009 for AED 2,670,000, last on 29 April 2013 for AED 2,670,000 (AED 1,490 per sqft).
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 202,125 to AED 153,000 in 2021 and recovered to AED 190,000 by March 2023.
  • At AED 190,000 a year the gross yield on the 2013 price is 7.1%, before a service charge of about AED 40,000 a year (AED 22.32 per sqft).
  • Three-beds in Silverene Tower A sold for AED 4,375,000–4,375,000 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 10 March 2023.

Questions about 1808, Silverene Tower A

What did unit 1808 last sell for?

AED 2,670,000 on 29 April 2013: AED 1,490 per sqft for 1,791 sqft. The unit has 2 registered sales; the first was AED 2,670,000 in April 2009.

What is the rent for unit 1808?

AED 190,000 a year on the contract signed on 10 March 2023. The previous contract, from March 2022, was AED 180,000; the unit has been rented since June 2015.

How big is unit 1808?

1,791 sqft (166.4 sqm): a three-bedroom apartment on the 18th floor of a 34-storey tower completed in 2011.

What is unit 1808 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Silverene Tower A sold for AED 4,375,000 to 4,375,000 in the last 12 months, around AED 2,440 per sqft.

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Mortgage on 1808, Silverene Tower A

Starts from the last sale price (AED 2.67M, 29 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,670,000
Deposit, UAE resident (20%)
AED 534,000
Deposit, non-resident (40%)
AED 1,068,000
Monthly over 25 years at 3.7%
AED 10,924

Plus AED 117,150 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →