3-bed · 1,788 sqftSilverene Tower A, Dubai Marina · 24th floor · completed 2011

2408, Silverene Tower A

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2408 · DLD and Ejari recordsUpdated 22 November 2023
Last soldAED 3.9M22 November 2023
Current rentAED 160K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2408, Silverene Tower A

What is 2408 worth today?

Last sold for AED 3,900,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Nov 2023SoldReady
AED 3,900,000AED 2,181 per sqft
1 Dec 2022RentedNew contract
AED 160,000/yr12 months · AED 89 per sqft
1 Dec 2022RentedRenewal
AED 160,000/yr12 months · AED 89 per sqft
1 Dec 2021RentedRenewal
AED 160,000/yr12 months · AED 89 per sqft
1 Dec 2020RentedRenewal
AED 160,000/yr12 months · AED 89 per sqft
8 Oct 2016RentedRenewal
AED 240,000/yr12 months · AED 134 per sqft
8 Oct 2015RentedNew contract
AED 240,000/yr12 months · AED 134 per sqft
8 Oct 2014RentedNew contract
AED 240,000/yr12 months · AED 134 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 November 2023.

Key facts

Type
3-bed apartment
Size
1,788 sqft
Floor
24th of 34
Parking
B2-112,B2-113
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 39,900 /yr
Last sold
AED 3.9M · November 2023

About 2408, Silverene Tower A

2408 is a three-bedroom apartment of 1,788 sqft on the 24th 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 22 November 2023 for AED 3,900,000, or AED 2,181 per sqft, 22% above the AED 1,791 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 December 2022, is AED 160,000 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 39,900 a year.

Sales and rents for 2408 over time

Sales
Unit 2408, 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 2,730,000 (AED 1,526 per sqft)Sold, January 2013: AED 2,730,000 (AED 1,526 per sqft)Sold, November 2023: AED 3,900,000 (AED 2,181 per sqft)

2408 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2408, 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, October 2014: AED 240,000 a yearNew contract, October 2015: AED 240,000 a yearRenewal, October 2016: AED 240,000 a yearRenewal, December 2020: AED 160,000 a yearRenewal, December 2021: AED 160,000 a yearNew contract, December 2022: AED 160,000 a yearRenewal, December 2022: AED 160,000 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 2408 sits

All 44 3-beds →

2408 last sold in November 2023 at AED 2,181 per sqft, 22% above what three-beds in Silverene Tower A were fetching at the time (AED 1,791). 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. 2408's AED 160,000 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 24th floor

All 266 units in Silverene Tower A
Value
24013-bedAED 2.1M · Jul 2023
24021-bedAED 1.75M · Sep 2013
24031-bedAED 950K · Aug 2022
24041-bedAED 760K · Oct 2012
24052-bedAED 1.7M · Dec 2020
24062-bedAED 2.25M · Feb 2022
24073-bedAED 4.38M · Dec 2025

2408, Silverene Tower A in numbers

  • Sold 3 times: first on 26 April 2009 for AED 2,730,000, last on 22 November 2023 for AED 3,900,000 (AED 2,181 per sqft).
  • Rented since October 2014 on 7 Ejari contracts, from AED 240,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 4.1%, before a service charge of about AED 39,900 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 22 November 2023.

Questions about 2408, Silverene Tower A

What did unit 2408 last sell for?

AED 3,900,000 on 22 November 2023: AED 2,181 per sqft for 1,788 sqft. The unit has 3 registered sales; the first was AED 2,730,000 in April 2009.

What is the rent for unit 2408?

AED 160,000 a year on the contract signed on 1 December 2022. The previous contract, from December 2022, was AED 160,000; the unit has been rented since October 2014.

How big is unit 2408?

1,788 sqft (166.1 sqm): a three-bedroom apartment on the 24th floor of a 34-storey tower completed in 2011.

What is unit 2408 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.

Selling 2408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2408, Silverene Tower A

Starts from the last sale price (AED 3.9M, 22 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

Plus AED 168,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →