2-bed · 1,255 sqftCayan Tower, Dubai Marina · 12th floor · completed 2013

1202, Cayan Tower

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 2.3M21 December 2023
Current rentAED 88K /yr24 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Cayan Tower

What is 1202 worth today?

Last sold for AED 2,300,000 in 2023

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21 Dec 2023SoldReady
AED 2,300,000AED 1,833 per sqft
30 May 2022SoldReady
AED 1,700,000AED 1,354 per sqft
24 Jan 2022RentedRenewal
AED 88,000/yr12 months · AED 70 per sqft
24 Jan 2021RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
26 Jun 2019RentedNew contract
AED 105,000/yr12 months · AED 83 per sqft
1 Feb 2016RentedNew contract
AED 135,000/yr12 months · AED 107 per sqft
3 Oct 2013SoldReady
AED 1,590,758AED 1,267 per sqft
1 Oct 2013RentedNew contract
AED 136,157/yr25 months · AED 108 per sqft

Source: Dubai Land Department. Updated 21 December 2023.

Key facts

Type
2-bed apartment
Size
1,255 sqft
Floor
12th of 73
Parking
B4-094
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 26,900 /yr
Last sold
AED 2.3M · December 2023
Building
Cayan Tower

About 1202, Cayan Tower

1202 is a two-bedroom apartment of 1,255 sqft on the 12th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 21 December 2023 for AED 2,300,000, or AED 1,833 per sqft, 10% above the AED 1,667 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 24 January 2022, is AED 88,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 26,900 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical two-bed in Cayan Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,870,560; 2010 AED 1,637,378; 2011 AED 1,798,780; 2012 AED 1,723,322; 2013 AED 1,809,120; 2014 AED 2,237,500; 2015 AED 2,350,000; 2016 AED 2,620,941; 2017 AED 2,300,000; 2018 AED 2,000,000; 2019 AED 1,800,000; 2020 AED 1,270,000; 2021 AED 1,625,000; 2022 AED 1,925,000; 2023 AED 2,350,000; 2024 AED 2,537,500; 2025 AED 2,660,000; 2026 AED 2,875,000Sold by developer, February 2013: AED 1,590,758 (AED 1,267 per sqft)Sold, October 2013: AED 1,590,758 (AED 1,267 per sqft)Sold, May 2022: AED 1,700,000 (AED 1,354 per sqft)Sold, December 2023: AED 2,300,000 (AED 1,833 per sqft)

1202 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, each contractTypical two-bed in Cayan Tower
100K150K2013201720212025Typical rent by year: 2013 AED 180,000; 2014 AED 170,000; 2015 AED 176,500; 2016 AED 175,000; 2017 AED 165,000; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 105,000; 2021 AED 103,500; 2022 AED 120,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 155,000New contract, October 2013: AED 136,157 a yearNew contract, February 2016: AED 135,000 a yearNew contract, June 2019: AED 105,000 a yearNew contract, January 2021: AED 80,000 a yearRenewal, January 2022: AED 88,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Cayan Tower, and where 1202 sits

All 205 2-beds →

1202 last sold in December 2023 at AED 1,833 per sqft, 10% above what two-beds in Cayan Tower were fetching at the time (AED 1,667). Over the last 12 months two-beds sold for AED 2,400,000 to 3,200,000, around AED 2,003 per sqft, and rent for AED 60,000 to 265,000 a year. 1202's AED 88,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Sep 20263,200,000
7 Jul 20262,500,000
3 Jun 20263,000,000
22 May 20262,725,000
12 2-bed sales in the last 12 months

Cayan Tower

Building

495 apartments, studios to 3-bed over 73 floors in Dubai Marina, completed in 2013 by Cayan Real Estate Investment & Development. 36 sold in the last 12 months.

Typical price per sqft
AED 2,123 Up 5.0%
Typical sale
AED 2.56M
Typical rent
AED 139K /yr
Typical yield
5.8%
Cayan Tower, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 495 units in Cayan Tower
Value
12012-bedAED 1.9M · Oct 2013
12032-bedAED 1.66M · Oct 2013
12041-bedAED 1.53M · Jul 2022
12052-bedAED 3.3M · Aug 2014
12061-bedAED 1.85M · May 2015
12071-bedAED 1.73M · Jun 2023
12082-bedAED 1.53M · Mar 2021
1–7 of 8

1202, Cayan Tower in numbers

  • Sold 4 times: first on 4 February 2013 for AED 1,590,758, last on 21 December 2023 for AED 2,300,000 (AED 1,833 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 136,157 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 26,900 a year (AED 21.43 per sqft).
  • Two-beds in Cayan Tower sold for AED 2,400,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,123 per sqft.

Source: Dubai Land Department. Updated 21 December 2023.

Questions about 1202, Cayan Tower

What did unit 1202 last sell for?

AED 2,300,000 on 21 December 2023: AED 1,833 per sqft for 1,255 sqft. The unit has 4 registered sales; the first was AED 1,590,758 in February 2013.

What is the rent for unit 1202?

AED 88,000 a year on the contract renewed on 24 January 2022. The previous contract, from January 2021, was AED 80,000; the unit has been rented since October 2013.

How big is unit 1202?

1,255 sqft (116.6 sqm): a two-bedroom apartment on the 12th floor of a 73-storey tower completed in 2013.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Cayan Tower sold for AED 2,400,000 to 3,200,000 in the last 12 months, around AED 2,003 per sqft.

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Mortgage on 1202, Cayan Tower

Starts from the last sale price (AED 2.3M, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →