Silverene Tower is a residential complex of two towers with 37 and 27 floors, respectively. It is nestled in the heart of Dubai Marina, within a 10-minute walk from The Walk and Marina Beach. The project attracts attention thanks to its unusual design. During the day, the angular towers sparkle in the sun, while at night, thanks to amazing blue lighting, they look even more stunning. The complex was built by Palma Holding and construction of the project was completed in 2011.
Among units available for sale in Silverene Tower are studios and 1–-5 bedroom apartments. The total areas of residences range from 518 sq. ft to 5,069 sq. ft.
As of Q3 2023, the initial price for a 1-bedroom apartment in Silverene Tower is AED 1.4M (USD 381K), while studios cost from AED 1.2M (USD 326K).
Silverene Towers is a popular project among single professionals, couples and families with children. Close to the complex, you will find a large selection of schools and nurseries, entertainment venues, well-maintained beaches and iconic landmarks. From here, you will easily get to Business Bay and Downtown Dubai with business districts and attractions.
Real estate in Silverene Tower is a profitable option for investment if you wish to receive passive income from renting properties out. The average rental price for a furnished 1-bedroom apartment is AED 120K (USD 33K) per year with an ROI of 7.5 %.
Buying a residence in Silverene Tower enables you to apply for a residence visa. A 2-year investor visa is given to those who spend from AED 750K (USD 204K) on property. A 10-year Golden Visa can be obtained when you buy a residence valued at more than AED 2M (USD 545K). Your family members and household staff will also be able to get a 10-year Golden Visa.