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3-bed · 2,526 sqftSilverene Tower A, Dubai Marina · 2nd floor · completed 2011

203, Silverene Tower A

Sold prices and rental history: sold twice, last in April 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 4 April 2023
Last soldAED 4.3M4 April 2023
Current rentAED 229K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Silverene Tower A

What is 203 worth today?

Last sold for AED 4,300,000 in 2023

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4 Apr 2023SoldReady
AED 4,300,000AED 1,702 per sqft
1 Sep 2021RentedNew contract
AED 229,166/yr12 months · AED 91 per sqft
1 Sep 2020RentedRenewal
AED 225,000/yr12 months · AED 89 per sqft
1 Sep 2019RentedNew contract
AED 250,000/yr12 months · AED 99 per sqft
13 May 2013Sold by developerReady
AED 4,240,000AED 1,678 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 April 2023.

Key facts

Type
3-bed apartment
Size
2,526 sqft
Floor
2nd of 34
Parking
B2-224,B2-221
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 56,400 /yr
Last sold
AED 4.3M · April 2023
Building
Silverene Tower A

About 203, Silverene Tower A

203 is a three-bedroom apartment of 2,526 sqft on the 2nd 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 4 April 2023 for AED 4,300,000, or AED 1,702 per sqft, 10% below the AED 1,898 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 September 2021, is AED 229,166 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 56,400 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, May 2013: AED 4,240,000 (AED 1,678 per sqft)Sold, April 2023: AED 4,300,000 (AED 1,702 per sqft)

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

Rents
Unit 203, each contractTypical three-bed in Silverene Tower A
150K200K250K2012201620202024Typical 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, September 2019: AED 250,000 a yearRenewal, September 2020: AED 225,000 a yearNew contract, September 2021: AED 229,166 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 203 sits

All 44 3-beds →

203 last sold in April 2023 at AED 1,702 per sqft, 10% below what three-beds in Silverene Tower A were fetching at the time (AED 1,898). 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. 203's AED 229,166 is in the upper half 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 2nd floor

All 266 units in Silverene Tower A
Value
2012-bedAED 1.7M · Jan 2019
2022-bedAED 1.35M · Dec 2012
2042-bedAED 2.88M · Jun 2025
2052-bedAED 1.9M · Apr 2024

203, Silverene Tower A in numbers

  • Sold twice: first on 13 May 2013 for AED 4,240,000, last on 4 April 2023 for AED 4,300,000 (AED 1,702 per sqft).
  • Rented since September 2019 on 3 Ejari contracts, from AED 250,000 to AED 229,166 a year.
  • At AED 229,166 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 56,400 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 4 April 2023.

Questions about 203, Silverene Tower A

What did unit 203 last sell for?

AED 4,300,000 on 4 April 2023: AED 1,702 per sqft for 2,526 sqft. The unit has 2 registered sales; the first was AED 4,240,000 in May 2013.

What is the rent for unit 203?

AED 229,166 a year on the contract signed on 1 September 2021. The previous contract, from September 2020, was AED 225,000; the unit has been rented since September 2019.

How big is unit 203?

2,526 sqft (234.7 sqm): a three-bedroom apartment on the 2nd floor of a 34-storey tower completed in 2011.

What is unit 203 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 203, Silverene Tower A

Starts from the last sale price (AED 4.3M, 4 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

Plus AED 185,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →