Silverene in Dubai Marina - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Silverene

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	76	29,801	2,275,000
3	167	26,275	4,375,000

Rents in Silverene

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	48	1,667	80,000
1	60	1,788	108,000
2	115	1,482	171,000

The cap rate (rental yield) of investments into Silverene project is 5.8% on average.

The price of an apartment in Silverene is 27,383 AED/sqm on average.

The long term rent of an apartment in Silverene is 1,591 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Silverene is 2,275,000 AED or 29,801 AED/sqm.
Price for completed 3 bedroom apartment in Silverene is 4,375,000 AED or 26,275 AED/sqm.

Rent for Studio apartment in Silverene is 80,000 AED or 1,667 AED/sqm.
Rent for 1 bedroom apartment in Silverene is 108,000 AED or 1,788 AED/sqm.
Rent for 2 bedroom apartment in Silverene is 171,000 AED or 1,482 AED/sqm.

About Silverene

'Silverene' in 'Dubai Marina' area project description

The Silverene project is a luxurious residential and commercial development located in the Dubai Marina area of Dubai, United Arab Emirates. The project is made up of two towers, each of which is 45 storeys high, and offers a total of 645 residential units. The towers are connected by a podium, which features a range of amenities, including a swimming pool, a gym, a spa, a sauna, and a children’s play area.

The Silverene project was designed by the renowned architectural firm Atkins, and was completed in 2008. The towers feature a modern, contemporary design, with a combination of glass and steel. The exterior of the towers is clad in a combination of glass and aluminium, while the interior features a range of luxurious finishes, including marble, granite, and wood.

The residential units at Silverene range from one to four bedrooms, and feature a range of amenities, including fully-equipped kitchens, spacious living rooms, and balconies with stunning views of the Dubai Marina. The development also features a range of commercial spaces, including retail outlets, restaurants, and cafes.

The Silverene project is located in one of the most sought-after areas of Dubai, and is close to a range of amenities, including shopping malls, restaurants, and entertainment venues. The development is also close to a range of public transport links, including the Dubai Metro and the Dubai Tram.

The Silverene project is a luxurious development that offers residents and businesses a range of amenities and a convenient location. The development is a great example of modern architecture, and has become a popular destination for both residents and visitors to Dubai.

Q&A on Silverene

What are the advantages of 'Silverene' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Silverene is located in the heart of Dubai Marina, one of the most sought-after residential areas in Dubai. It is close to the beach, shopping malls, restaurants, and other leisure activities.

2. Luxury Amenities: Silverene offers luxurious amenities such as a private beach, swimming pool, gym, spa, and a rooftop terrace with stunning views of the marina.

3. Affordable Prices: Silverene offers competitive prices for its apartments, making it an attractive option for real estate buyers.

4. High Rental Yields: Silverene offers high rental yields, making it a great investment opportunity for real estate buyers.

5. Flexible Payment Plans: Silverene offers flexible payment plans, making it easier for buyers to purchase apartments.

What projects are better than 'Silverene' project in Dubai which are located close by, and why?

- Marina Gate: Offers high-end amenities, excellent build quality, and direct access to Marina Walk. It boasts modern design and high-end finishes.

- Cayan Tower: Known for its unique twisted architecture, it offers stunning views and luxury interiors. It's a landmark building with excellent facilities.

- Le Rêve: Targets ultra-luxury segment with large, opulent apartments and bespoke services. Features include private elevators and comprehensive concierge services.

- Dubai Marina Towers: Provides a blend of luxury and convenience with its spacious units and family-friendly environment. Close to various attractions and high-end retail.

- Pier 7: Offers a mix of residential and commercial spaces with direct access to the marina. Known for its dining options and vibrant social scene.

- Damac Heights: Features high-quality finishes and a range of luxurious amenities, including a cinema room and butler services. Offers stunning marina views.

- Grosvenor House Residences: Noted for its five-star hotel services, luxurious interiors, and excellent location. Features include housekeeping and laundry services.

- The Royal Oceanic: Offers well-designed apartments with top-notch amenities, including a swimming pool and fitness center. Close to both the beach and marina.

- Al Sahab: Developed by Emaar, it provides high-quality finishes, excellent amenities, and a strong sense of community. It's known for its strategic location near key attractions.

These projects often offer superior amenities, unique designs, and enhanced living experiences compared to Silverene.