3-bed · 1,792 sqftSilverene Tower A, Dubai Marina · 27th floor · completed 2011

2707, Silverene Tower A

Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2707 · DLD and Ejari recordsUpdated 18 November 2020
Last soldAED 2M18 November 2020
Current rentAED 175K /yr12 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2707, Silverene Tower A

What is 2707 worth today?

Last sold for AED 2,000,000 in 2020

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18 Nov 2020SoldReady
AED 2,000,000AED 1,115 per sqft
12 Nov 2019RentedRenewal
AED 175,000/yr12 months · AED 98 per sqft
12 Nov 2018RentedRenewal
AED 175,000/yr12 months · AED 98 per sqft
12 Nov 2017RentedNew contract
AED 190,000/yr12 months · AED 106 per sqft
10 Jul 2017RentedRenewal
AED 219,667/yr3 months · AED 123 per sqft
10 Jul 2016RentedNew contract
AED 220,000/yr12 months · AED 123 per sqft
27 Dec 2012SoldReady
AED 3,185,500AED 1,777 per sqft
29 Apr 2009Sold by developerOff-plan
AED 3,185,500AED 1,777 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2020.

Key facts

Type
3-bed apartment
Size
1,792 sqft
Floor
27th of 34
Parking
G-29,G-30
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 40,000 /yr
Last sold
AED 2M · November 2020

About 2707, Silverene Tower A

2707 is a three-bedroom apartment of 1,792 sqft on the 27th 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 18 November 2020 for AED 2,000,000, or AED 1,115 per sqft, 11% below the AED 1,259 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 12 November 2019, is AED 175,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 40,000 a year.

Sales and rents for 2707 over time

Sales
Unit 2707, 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 3,185,500 (AED 1,777 per sqft)Sold, December 2012: AED 3,185,500 (AED 1,777 per sqft)Sold, November 2020: AED 2,000,000 (AED 1,115 per sqft)

2707 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2707, each contractTypical three-bed in Silverene Tower A
200K2012201620202024Typical 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, July 2016: AED 220,000 a yearRenewal, July 2017: AED 219,667 a yearNew contract, November 2017: AED 190,000 a yearRenewal, November 2018: AED 175,000 a yearRenewal, November 2019: AED 175,000 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 2707 sits

All 44 3-beds →

2707 last sold in November 2020 at AED 1,115 per sqft, 11% below what three-beds in Silverene Tower A were fetching at the time (AED 1,259). 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. 2707's AED 175,000 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 27th floor

All 266 units in Silverene Tower A
Value
27013-bedAED 3.61M · Jun 2025
27021-bedAED 1.65M · May 2023
27031-bedAED 1.3M · Nov 2017
27041-bedAED 963K · Feb 2013
27052-bedAED 2.01M · Feb 2013
27062-bedAED 1.9M · Sep 2012
27083-bedAED 3.2M · Sep 2021

2707, Silverene Tower A in numbers

  • Sold 3 times: first on 29 April 2009 for AED 3,185,500, last on 18 November 2020 for AED 2,000,000 (AED 1,115 per sqft).
  • Rented since July 2016 on 5 Ejari contracts, from AED 220,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2020 price is 8.8%, 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 18 November 2020.

Questions about 2707, Silverene Tower A

What did unit 2707 last sell for?

AED 2,000,000 on 18 November 2020: AED 1,115 per sqft for 1,792 sqft. The unit has 3 registered sales; the first was AED 3,185,500 in April 2009.

What is the rent for unit 2707?

AED 175,000 a year on the contract renewed on 12 November 2019. The previous contract, from November 2018, was AED 175,000; the unit has been rented since July 2016.

How big is unit 2707?

1,792 sqft (166.5 sqm): a three-bedroom apartment on the 27th floor of a 34-storey tower completed in 2011.

What is unit 2707 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 2707, Silverene Tower A

Starts from the last sale price (AED 2M, 18 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →