1-bed · 875 sqftCayan Tower, Dubai Marina · 12th floor · completed 2013

1204, Cayan Tower

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 26 July 2022
Last soldAED 1.53M26 July 2022
Current rentAED 65K /yr2 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Cayan Tower

What is 1204 worth today?

Last sold for AED 1,533,000 in 2022

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26 Jul 2022SoldReady
AED 1,533,000AED 1,751 per sqft
2 Mar 2021RentedRenewal
AED 65,000/yr13 months · AED 75 per sqft
2 Mar 2020RentedRenewal
AED 85,000/yr12 months · AED 97 per sqft
2 Mar 2019RentedRenewal
AED 100,000/yr12 months · AED 115 per sqft
2 Mar 2018RentedRenewal
AED 112,000/yr12 months · AED 128 per sqft
1 Mar 2017RentedNew contract
AED 117,684/yr12 months · AED 135 per sqft
1 Mar 2014RentedNew contract
AED 116,000/yr12 months · AED 133 per sqft
3 Oct 2013SoldReady
AED 490,500AED 560 per sqft

Source: Dubai Land Department. Updated 26 July 2022.

Key facts

Type
1-bed apartment
Size
875 sqft
Floor
12th of 73
Parking
B5-021
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 18,800 /yr
Last sold
AED 1.53M · July 2022
Building
Cayan Tower

About 1204, Cayan Tower

1204 is a one-bedroom apartment of 875 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 26 July 2022 for AED 1,533,000, or AED 1,751 per sqft, in line with the AED 1,771 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 2 March 2021, is AED 65,000 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical one-bed in Cayan Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,020,600; 2010 AED 1,067,731; 2011 AED 953,403; 2012 AED 1,047,985; 2013 AED 1,080,734; 2014 AED 1,750,000; 2015 AED 1,925,000; 2016 AED 1,750,000; 2017 AED 1,800,000; 2018 AED 1,500,000; 2019 AED 1,240,000; 2020 AED 950,000; 2021 AED 1,200,000; 2022 AED 1,450,000; 2023 AED 1,867,500; 2024 AED 1,862,500; 2025 AED 2,000,000; 2026 AED 2,000,000Sold by developer, June 2009: AED 490,500 (AED 560 per sqft)Sold, October 2013: AED 490,500 (AED 560 per sqft)Sold, July 2022: AED 1,533,000 (AED 1,751 per sqft)

1204 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in Cayan Tower
100K2013201720212025Typical rent by year: 2013 AED 120,000; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 113,846; 2018 AED 101,500; 2019 AED 90,050; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 116,600; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 119,000New contract, March 2014: AED 116,000 a yearNew contract, March 2017: AED 117,684 a yearRenewal, March 2018: AED 112,000 a yearRenewal, March 2019: AED 100,000 a yearRenewal, March 2020: AED 85,000 a yearRenewal, March 2021: AED 65,000 a year

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

1-beds in Cayan Tower, and where 1204 sits

All 171 1-beds →

1204 last sold in July 2022 at AED 1,751 per sqft, in line with what one-beds in Cayan Tower were fetching at the time (AED 1,771). Over the last 12 months one-beds sold for AED 1,720,000 to 3,400,000, around AED 2,348 per sqft, and rent for AED 60,000 to 160,000 a year. 1204's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Sep 20261,720,000
9 Jul 20262,000,000
30 Mar 20262,000,000
3 Mar 20262,000,000
12 1-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
12022-bedAED 2.3M · Dec 2023
12032-bedAED 1.66M · Oct 2013
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

1204, Cayan Tower in numbers

  • Sold 3 times: first on 24 June 2009 for AED 490,500, last on 26 July 2022 for AED 1,533,000 (AED 1,751 per sqft).
  • Rented since March 2014 on 6 Ejari contracts, from AED 116,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 18,800 a year (AED 21.43 per sqft).
  • One-beds in Cayan Tower sold for AED 1,720,000–3,400,000 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 26 July 2022.

Questions about 1204, Cayan Tower

What did unit 1204 last sell for?

AED 1,533,000 on 26 July 2022: AED 1,751 per sqft for 875 sqft. The unit has 3 registered sales; the first was AED 490,500 in June 2009.

What is the rent for unit 1204?

AED 65,000 a year on the contract renewed on 2 March 2021. The previous contract, from March 2020, was AED 85,000; the unit has been rented since March 2014.

How big is unit 1204?

875 sqft (81.3 sqm): a one-bedroom apartment on the 12th floor of a 73-storey tower completed in 2013.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Cayan Tower sold for AED 1,720,000 to 3,400,000 in the last 12 months, around AED 2,348 per sqft.

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Mortgage on 1204, Cayan Tower

Starts from the last sale price (AED 1.53M, 26 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,533,000
Deposit, UAE resident (20%)
AED 306,600
Deposit, non-resident (40%)
AED 613,200
Monthly over 25 years at 3.7%
AED 6,272

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