1 bedroom, Silverene Tower A
Dubai, Dubai Marina, Silverene Tower A
77 m²
Property area
2011
Construction year
8 out of 35
Floor
2
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$493 151 ($6 405/m²)
1 800 000 AED
Rental yield: 5,61%
DMCC metro station
JBR Beach
Price growth rate per year: 15,2%
9-min walk
5-min walk
TOTAL INVESTMENT AMOUNT: $545 913
  • Unit price: $493 151
  • Renovation price: $1 370
  • Furnishings: $9 589
  • Commission: $10 356
  • DLD fee payment: $19 885
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Power of attorney: $822
  • Manager cheque: $7 397

TOTAL RENTAL YIELD PER YEAR: $46 027
  • Rent payments: $3 836 (per month) / $46 027 (per year)

EXPENSES PER YEAR: $15 408
  • Service charge: $3 732
  • Utilities: $1 315
  • Internet: $1 266
  • AC: $1 973
  • AC maintenance: $219
  • Management commission: $6 904

NET RENTAL YIELD PER YEAR: $30 619
or 5,61%
Apartment in a tower located in the heart of Dubai Marina, close to the marina and within walking distance to the Marina Mall. Promising location for renting out.

Silverene is a development by Palma Holding that was built in 2011 and is located near the Marina Mall. The project comprises 2 modern glass towers, 26 and 35 floors.

9-minute walk to the beach, 5-minute walk to the DMCC metro, 3-minute walk to the Marina Mall.

  • 1 bedroom
  • 2 bathrooms
  • Balcony overlooking Dubai Marina and marina.
  • Area: 77 sqm
  • Floor 8 (out of 35)
  • Unfurnished
  • 1 parking space
  • Vacant
  • No mortgage

Key tower features:
  • Swimming pool
  • Gym
  • Good transportation accessibility
  • Direct access to Marina Walk
  • Walking distance to the subway and Marina Mall
  • Supermarket and restaurants close to the house, direct elevator access
  • Popular tourist destination
Dubai Marina is one of the most attractive places to live in Dubai. This neighborhood is located on the Persian Gulf and is famous for its tall skyscrapers, luxury apartments and gorgeous sea views.
The main advantages of living in Dubai Marina are:

1. Location: Dubai Marina is located in the center of the city, making it a perfect place to live in. The area has multiple various restaurants, stores, cafes and other places to spend time with family and friends.

2. Real Estate: Dubai Marina offers a wide range of properties, from small apartments to luxury penthouses. Housing in the area is one of the most prestigious and expensive in Dubai.

3. Amenities: Dubai Marina has all the necessary amenities for a comfortable life such as sports clubs, swimming pools, parks and more. There are also many schools and kindergartens in the neighborhood.

4. Safety: Dubai Marina is one of the safest neighborhoods in the city. There are many CCTV cameras and police patrols in the neighborhood, making it a safe place to live.

5. Sea Views: One of the main pros of living in Dubai Marina is the stunning sea views. Residents of the neighborhood can enjoy beautiful sunsets and sea views right from their windows.