2-bed · 975 sqftSilverene Tower A, Dubai Marina · 4th floor · completed 2011

406, Silverene Tower A

Sold prices and rental history: sold twice, last in January 2013, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 22 February 2025
Last soldAED 1.21M21 January 2013
Current rentAED 155K /yr22 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Silverene Tower A

What is 406 worth today?

Last sold for AED 1,205,000 in 2013

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22 Feb 2025RentedNew contract
AED 155,000/yr12 months · AED 158 per sqft
21 Jan 2013SoldReady
AED 1,205,000AED 1,235 per sqft
14 Sep 2011Sold by developerOff-plan
AED 1,205,000AED 1,235 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 February 2025.

Key facts

Type
2-bed apartment
Size
975 sqft
Floor
4th of 34
Parking
B3-136
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 21,800 /yr
Last sold
AED 1.21M · January 2013

About 406, Silverene Tower A

406 is a two-bedroom apartment of 975 sqft on the 4th 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 21 January 2013 for AED 1,205,000, or AED 1,235 per sqft, 5% below the AED 1,301 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 February 2025. The current contract, signed on 22 February 2025, is AED 155,000 a year: a gross yield of 12.9% on the 2013 price, before the service charge of about AED 21,800 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Silverene Tower A
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,520,000; 2010 AED 1,460,250; 2011 AED 1,225,000; 2012 AED 1,534,500; 2013 AED 1,768,000; 2014 AED 2,400,000; 2015 AED 2,300,000; 2016 AED 2,175,000; 2017 AED 2,300,000; 2018 AED 2,300,000; 2020 AED 1,560,000; 2021 AED 1,750,000; 2022 AED 2,050,000; 2023 AED 2,350,000; 2024 AED 2,500,000; 2025 AED 2,800,000Sold by developer, September 2011: AED 1,205,000 (AED 1,235 per sqft)Sold, January 2013: AED 1,205,000 (AED 1,235 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Silverene Tower A
125K150K2012201620202024Typical rent by year: 2012 AED 125,285; 2013 AED 126,000; 2014 AED 150,000; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 150,000; 2018 AED 146,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 154,000; 2025 AED 160,000; 2026 AED 162,500New contract, February 2025: AED 155,000 a year

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

2-beds in Silverene Tower A, and where 406 sits

All 112 2-beds →

406 last sold in January 2013 at AED 1,235 per sqft, 5% below what two-beds in Silverene Tower A were fetching at the time (AED 1,301). Over the last 12 months two-beds sold for AED 3,500,000 to 4,100,000, around AED 2,440 per sqft, and rent for AED 107,525 to 220,000 a year. 406's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Feb 20264,100,000
2 Jan 20263,500,000
21 Jul 20252,850,000
17 Jul 20252,550,000
2 2-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 4th floor

All 266 units in Silverene Tower A
Value
4012-bedAED 1.7M · Jan 2014
4021-bedAED 1.24M · Apr 2018
4031-bedAED 1.27M · Jun 2023
4041-bedAED 850K · Mar 2013
4051-bedAED 962K · Dec 2012
4072-bedAED 2.2M · Feb 2014
4082-bedAED 1.76M · Jul 2020
1–7 of 9

406, Silverene Tower A in numbers

  • Sold twice: first on 14 September 2011 for AED 1,205,000, last on 21 January 2013 for AED 1,205,000 (AED 1,235 per sqft).
  • Rented since February 2025 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2013 price is 12.9%, before a service charge of about AED 21,800 a year (AED 22.32 per sqft).
  • Two-beds in Silverene Tower A sold for AED 3,500,000–4,100,000 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 February 2025.

Questions about 406, Silverene Tower A

What did unit 406 last sell for?

AED 1,205,000 on 21 January 2013: AED 1,235 per sqft for 975 sqft. The unit has 2 registered sales; the first was AED 1,205,000 in September 2011.

What is the rent for unit 406?

AED 155,000 a year on the contract signed on 22 February 2025.

How big is unit 406?

975 sqft (90.6 sqm): a two-bedroom apartment on the 4th floor of a 34-storey tower completed in 2011.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silverene Tower A sold for AED 3,500,000 to 4,100,000 in the last 12 months, around AED 2,440 per sqft.

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Mortgage on 406, Silverene Tower A

Starts from the last sale price (AED 1.21M, 21 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,205,000
Deposit, UAE resident (20%)
AED 241,000
Deposit, non-resident (40%)
AED 482,000
Monthly over 25 years at 3.7%
AED 4,930

Plus AED 55,620 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →