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2-bed · 1,140 sqftSilverene Tower B, Dubai Marina · 24th floor · completed 2011

2402, Silverene Tower B

Sold prices and rental history: sold once, by the developer in January 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 28 January 2014
Last soldAED 2.22M28 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Silverene Tower B

What is 2402 worth today?

Last sold for AED 2,223,000 in 2014

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28 Jan 2014Sold by developerReady
AED 2,223,000AED 1,949 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 January 2014.

Key facts

Type
2-bed apartment
Size
1,140 sqft
Floor
24th of 25
Parking
P1-55
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 25,400 /yr
Last sold
AED 2.22M · January 2014
Building
Silverene Tower B

About 2402, Silverene Tower B

2402 is a two-bedroom apartment of 1,140 sqft on the 24th floor of Silverene Tower B, a 25-storey tower in Dubai Marina completed in 2011 by Cayan Real Estate Investment & Development. The developer sold it on 28 January 2014 for AED 2,223,000, or AED 1,949 per sqft, 42% above the AED 1,377 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2402 over time

Sales
Unit 2402, each saleTypical two-bed in Silverene Tower B
1M2M2009201420192024Typical sale price by year: 2009 AED 1,430,000; 2011 AED 660,000; 2012 AED 1,400,000; 2013 AED 1,480,000; 2014 AED 2,223,000; 2015 AED 2,000,000; 2016 AED 2,368,500; 2018 AED 2,000,000; 2021 AED 1,300,000; 2022 AED 1,859,000; 2023 AED 2,037,500; 2024 AED 2,325,000; 2025 AED 2,360,000Sold by developer, January 2014: AED 2,223,000 (AED 1,949 per sqft)

2402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2402, each contractTypical two-bed in Silverene Tower B
100K150K2013201720212025Typical rent by year: 2013 AED 125,000; 2014 AED 133,500; 2015 AED 140,000; 2016 AED 140,000; 2017 AED 132,000; 2018 AED 130,000; 2019 AED 110,000; 2020 AED 99,500; 2021 AED 95,000; 2022 AED 97,000; 2023 AED 130,000; 2024 AED 147,000; 2025 AED 150,000; 2026 AED 155,000

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 B, and where 2402 sits

All 45 2-beds →

2402 last sold in January 2014 at AED 1,949 per sqft, 42% above what two-beds in Silverene Tower B were fetching at the time (AED 1,377).

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jun 20252,350,000
18 Mar 20252,500,000
26 Feb 20252,360,000
16 Dec 20242,650,000
0 2-bed sales in the last 12 months

Silverene Tower B

Building

316 apartments, studios to 3-bed over 25 floors in Dubai Marina, completed in 2011 by Cayan Real Estate Investment & Development. 5 sold in the last 12 months.

Typical price per sqft
AED 2,662
Typical sale
AED 1.44M
Typical rent
AED 103K /yr
Typical yield
5.9%
Silverene Tower B, Dubai Marina: prices, sales and rents →

Other units on the 24th floor

All 316 units in Silverene Tower B
Value
24011-bedAED 1.32M · Jan 2014
24031-bedAED 1.16M · Jan 2014
24041-bedAED 1.59M · Jan 2014
2405StudioAED 1M · Jan 2014
2406StudioAED 1.05M · Jan 2014
2407StudioAED 1.02M · Jan 2014
2408StudioAED 1.06M · Jan 2014
1–7 of 11

2402, Silverene Tower B in numbers

  • Sold once: by Cayan Real Estate Investment & Development on 28 January 2014 for AED 2,223,000, or AED 1,949 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 28 January 2014.

Questions about 2402, Silverene Tower B

What did unit 2402 last sell for?

AED 2,223,000 on 28 January 2014, sold by the developer: AED 1,949 per sqft for 1,140 sqft. It is the only registered sale of the unit.

How big is unit 2402?

1,140 sqft (105.9 sqm): a two-bedroom apartment on the 24th floor of a 25-storey tower completed in 2011.

What is unit 2402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2402, Silverene Tower B

Starts from the last sale price (AED 2.22M, 28 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,223,000
Deposit, UAE resident (20%)
AED 444,600
Deposit, non-resident (40%)
AED 889,200
Monthly over 25 years at 3.7%
AED 9,095

Plus AED 98,376 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →