1-bed · 831 sqftSilverene Tower A, Dubai Marina · 23rd floor · completed 2011

2302, Silverene Tower A

Sold prices and rental history: sold 3 times, last in February 2014, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 17 July 2023
Last soldAED 1.65M12 February 2014
Current rentAED 125K /yr17 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, Silverene Tower A

What is 2302 worth today?

Last sold for AED 1,650,000 in 2014

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17 Jul 2023RentedNew contract
AED 125,000/yr12 months · AED 151 per sqft
15 Oct 2015RentedNew contract
AED 132,000/yr12 months · AED 159 per sqft
12 Feb 2014SoldReady
AED 1,650,000AED 1,986 per sqft
27 Dec 2012SoldReady
AED 920,000AED 1,107 per sqft
26 Apr 2009Sold by developerOff-plan
AED 920,000AED 1,107 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 July 2023.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
23rd of 34
Parking
B1-11
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 18,500 /yr
Last sold
AED 1.65M · February 2014

About 2302, Silverene Tower A

2302 is a one-bedroom apartment of 831 sqft on the 23rd 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 12 February 2014 for AED 1,650,000, or AED 1,986 per sqft, 42% above the AED 1,399 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 17 July 2023, is AED 125,000 a year: a gross yield of 7.6% on the 2014 price, before the service charge of about AED 18,500 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, each saleTypical one-bed in Silverene Tower A
1M1.5M2007201220172022Typical 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 920,000 (AED 1,107 per sqft)Sold, December 2012: AED 920,000 (AED 1,107 per sqft)Sold, February 2014: AED 1,650,000 (AED 1,986 per sqft)

2302 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2302, each contractTypical one-bed in Silverene Tower A
100K2012201620202024Typical 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, October 2015: AED 132,000 a yearNew contract, July 2023: AED 125,000 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 2302 sits

All 98 1-beds →

2302 last sold in February 2014 at AED 1,986 per sqft, 42% above what one-beds in Silverene Tower A were fetching at the time (AED 1,399). 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. 2302's AED 125,000 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 23rd floor

All 266 units in Silverene Tower A
Value
23013-bedAED 2.18M · Oct 2012
23031-bedAED 1.25M · Dec 2014
23041-bedAED 1.09M · Jan 2014
2305AED 3.55M · Aug 2025
23062-bedAED 2.5M · Jan 2024
23073-bedAED 2.73M · Feb 2013
23083-bedAED 3.9M · Jan 2024

2302, Silverene Tower A in numbers

  • Sold 3 times: first on 26 April 2009 for AED 920,000, last on 12 February 2014 for AED 1,650,000 (AED 1,986 per sqft).
  • Rented since October 2015 on 2 Ejari contracts, from AED 132,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2014 price is 7.6%, before a service charge of about AED 18,500 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 17 July 2023.

Questions about 2302, Silverene Tower A

What did unit 2302 last sell for?

AED 1,650,000 on 12 February 2014: AED 1,986 per sqft for 831 sqft. The unit has 3 registered sales; the first was AED 920,000 in April 2009.

What is the rent for unit 2302?

AED 125,000 a year on the contract signed on 17 July 2023. The previous contract, from October 2015, was AED 132,000.

How big is unit 2302?

831 sqft (77.2 sqm): a one-bedroom apartment on the 23rd floor of a 34-storey tower completed in 2011.

What is unit 2302 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 2302, Silverene Tower A

Starts from the last sale price (AED 1.65M, 12 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →