Vida Residences +117%: what the Dubai Marina project statistics actually show
The largest developer’s return to Dubai Marina prompted a look at its earlier projects there. The valuable number in that statistic is not the growth percentage.
Silverene
Dubai Marina · The Cayan Group
Project factsheet
Storeys 35
Units in the building 598
Developer The Cayan Group
Status Completed
Completed 2011
District Dubai Marina
About the building
Located in Dubai Marina, completed in 2011. Developer — The Cayan Group. Architect — RMJM Dubai.
What the building has
- Swimming pool
- Children's area
- Parking
- 24/7 security
- Shops
Specifications for Silverene per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
About the project
Silverene is a residential complex of several buildings in Dubai Marina, completed in 2011.
The developer is The Cayan Group. The architecture is by RMJM Dubai.
The complex holds 598 apartments in total. The tallest tower rises 35 storeys.
The database currently holds 1 lot in this project, from 2 650 000 AED.
Thirty-five storeys and 598 residences by The Cayan Group, handed over in 2011, designed by RMJM. One of Dubai Marina's densest buildings — seventeen apartments per floor.
What it is
Silverene is a residential complex by The Cayan Group of 35 storeys and 598 residences, completed in 2011. The architect is RMJM Dubai. The complex's second tower is recorded separately as Silverene Tower B, with 26 storeys.
598 apartments over 35 storeys works out to around seventeen per floor. That's at the high end of Marina's density scale: the building was built for investment turnover and rental income.
Our own stock carries three listings: two-bedrooms around 1427 square feet at AED 3.65 million (~$990K) in the main tower, and a lot of 1067 square feet at AED 2.65 million (~$720K) in Tower B.
Three buildings, one developer
The Cayan Group built three projects in Marina, and together they cover nearly the district's full range — from a 73-storey twisting tower to a compact 22-storey building.
The gap in price per square foot between them is bigger than the developer's name alone would suggest: Cayan Tower runs AED 2325 per square foot, Dorra Bay AED 1685.
| Building | Storeys | Residences | Handover | Our lots | AED per ft² |
|---|---|---|---|---|---|
| Cayan Tower | 73 | — | 2013 | 4 | 2325 |
| Silverene | 35 | 598 | 2011 | 3 | — |
| Dorra Bay | 22 | 189 | 2013 | 3 | 1685 |
propsearch building records and our own stock as of 28 August 2026. Price per square foot is calculated for towers with three or more lots of known area; Silverene has fewer such lots. District average — AED 2588/ft².
A dense 2011 building
Dubai Marina in our database is 266 lots, with a median of AED 3.7 million (~$1.01M) and an average price of AED 2,588 per square foot. The district's median handover year is 2011 — exactly Silverene's own.
A dense building gives straightforward rental economics: compact lots, steady demand, a quick exit. But the cost is just as clear — on resale you're competing with hundreds of similar apartments in the same building.
Fifteen years in service is the age at which a first round of capital works typically comes due. In a 600-unit building that work is expensive and gets decided by the owners' assembly — ask for the minutes and the size of the reserve fund.
propsearch building record: 35 storeys, 598 residences, developer The Cayan Group, architect RMJM Dubai, handed over 2011. Our own stock as of 28 August 2026: 3 lots across Silverene and Silverene Tower B, the Dubai Marina median and price per square foot, and figures for Cayan Tower and Dorra Bay.
What the complex has
Swimming pool
Children's area
Parking
24/7 security
Shops
Where it is
Frequently asked about Silverene
Who is the developer of Silverene?
The Cayan Group. The architecture is by RMJM Dubai.
How many floors does Silverene have?
35 — that is the tallest building of the complex. The complex has 598 apartments.
Has Silverene been handed over?
Yes. Silverene was handed over in 2011 — it is ready housing you can live in or let straight after the deal.
Where is Silverene?
Dubai Marina. The original high-rise waterfront: a dense forest of towers around a man-made marina, and still the busiest rental market in the city.
How much does an apartment in Silverene cost?
The database currently holds 1 lot in this project, from 2 650 000 AED. Prices in the base are live and update every day; ask for the current list for the building before deciding.
What is on site at Silverene?
Swimming pool, Children's area, Parking, 24/7 security, Shops. The list comes from the project description and covers the whole complex.
In the news
What has been written about the building, its developer and Dubai Marina
Dubai Marina: five of the ten tallest residential buildings in the world
A district designed from nothing on a Vancouver waterfront model, built between 2003 and 2008. The numbers behind it, and what a fully man-made location tells you about how value is created in Dubai.
Orra Real Estate Development: JLT or the Marina, two districts a road apart
A developer with buildings on both sides of Sheikh Zayed Road. The two districts look interchangeable on a map and behave differently — here is what the price gap actually buys.
Halcon Real Estate: how to spot a building where nobody is in charge
A Dubai Marina tower from 2011. In buildings owned mostly by absent investors, decisions stop being made — and the symptoms are visible in an afternoon if you know them.
Condor Group: buying a just-finished flat from someone who never lived in it
A Dubai Marina tower completed in 2023. Much of the stock in a newly delivered building is sold on by off-plan investors — and buying from one is its own transaction.
Scope Investment: a 2022 tower, and the first wave of resales
A Dubai Marina tower completed a few years ago. Buildings at this age go through a predictable event that shapes their prices — and it is a buying opportunity if you can see it.
ABA Real Estate Development: building on the last plots of a finished district
A tall branded tower under construction in Dubai Marina. Infill development in a built-out district has a particular economics — for the buyer and for the neighbours.
ETA Star: an engineering group that built apartments
The property arm of a large regional engineering and contracting group, with towers in the Marina and on the Palm. What an engineering parent means in a delivered building.
32Group: how to value a Marina tower nobody has heard of
A smaller developer with a mid-2000s Dubai Marina building. Most towers are not landmarks, and valuing an ordinary one is a different exercise — here is how it works.
Where this project stands today
Message me for the free layouts in Silverene, the real entry price and what owners and tenants say — not the brochure copy.
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