1-bed · 875 sqftCayan Tower, Dubai Marina · 13th floor · completed 2013

1304, Cayan Tower

Sold prices and rental history: sold 5 times, last in September 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 8 September 2020
Last soldAED 1.3M8 September 2020
Current rentAED 90K /yr24 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Cayan Tower

What is 1304 worth today?

Last sold for AED 1,300,000 in 2020

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8 Sep 2020SoldReady
AED 1,300,000AED 1,485 per sqft
24 Mar 2020RentedNew contract
AED 90,000/yr12 months · AED 103 per sqft
10 Mar 2019RentedRenewal
AED 120,000/yr12 months · AED 138 per sqft
16 May 2017RentedRenewal
AED 128,000/yr12 months · AED 147 per sqft
16 May 2016RentedNew contract
AED 135,000/yr12 months · AED 155 per sqft
10 May 2015RentedNew contract
AED 135,000/yr12 months · AED 155 per sqft
18 Mar 2015SoldReady
AED 1,950,000AED 2,228 per sqft
15 Jan 2014SoldReady
AED 1,830,000AED 2,091 per sqft

Source: Dubai Land Department. Updated 8 September 2020.

Key facts

Type
1-bed apartment
Size
875 sqft
Floor
13th of 73
Parking
B5-025
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 18,800 /yr
Last sold
AED 1.3M · September 2020
Building
Cayan Tower

About 1304, Cayan Tower

1304 is a one-bedroom apartment of 875 sqft on the 13th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 8 September 2020 for AED 1,300,000, or AED 1,485 per sqft, 4% above the AED 1,431 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 24 March 2020, is AED 90,000 a year: a gross yield of 6.9% on the 2020 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, 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 441,450 (AED 504 per sqft)Sold, October 2013: AED 441,450 (AED 504 per sqft)Sold, January 2014: AED 1,830,000 (AED 2,091 per sqft)Sold, March 2015: AED 1,950,000 (AED 2,228 per sqft)Sold, September 2020: AED 1,300,000 (AED 1,485 per sqft)

1304 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1304, 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, May 2015: AED 135,000 a yearNew contract, May 2016: AED 135,000 a yearRenewal, May 2017: AED 128,000 a yearRenewal, March 2019: AED 120,000 a yearNew contract, March 2020: AED 90,000 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 1304 sits

All 171 1-beds →

1304 last sold in September 2020 at AED 1,485 per sqft, 4% above what one-beds in Cayan Tower were fetching at the time (AED 1,431). 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. 1304's AED 90,000 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 13th floor

All 495 units in Cayan Tower
Value
13012-bedAED 1.6M · Dec 2021
13022-bedAED 1.9M · Jul 2022
13032-bedAED 1.66M · Oct 2013
13052-bedAED 1.71M · Oct 2013
13061-bedAED 1.85M · Feb 2015
13071-bedAED 1.2M · Apr 2021
13082-bedAED 2.61M · Dec 2025
1–7 of 8

1304, Cayan Tower in numbers

  • Sold 5 times: first on 24 June 2009 for AED 441,450, last on 8 September 2020 for AED 1,300,000 (AED 1,485 per sqft).
  • Rented since May 2015 on 5 Ejari contracts, from AED 135,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 6.9%, 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 8 September 2020.

Questions about 1304, Cayan Tower

What did unit 1304 last sell for?

AED 1,300,000 on 8 September 2020: AED 1,485 per sqft for 875 sqft. The unit has 5 registered sales; the first was AED 441,450 in June 2009.

What is the rent for unit 1304?

AED 90,000 a year on the contract signed on 24 March 2020. The previous contract, from March 2019, was AED 120,000; the unit has been rented since May 2015.

How big is unit 1304?

875 sqft (81.3 sqm): a one-bedroom apartment on the 13th floor of a 73-storey tower completed in 2013.

What is unit 1304 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 1304, Cayan Tower

Starts from the last sale price (AED 1.3M, 8 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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