2-bed · 1,521 sqftCayan Tower, Dubai Marina · 14th floor · completed 2013

1403, Cayan Tower

Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 17 December 2020
Last soldAED 1.71M17 December 2020
Current rentAED 100K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Cayan Tower

What is 1403 worth today?

Last sold for AED 1,710,000 in 2020

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17 Dec 2020SoldReady
AED 1,710,000AED 1,124 per sqft
1 Nov 2020RentedRenewal
AED 100,000/yr12 months · AED 66 per sqft
1 Nov 2019RentedRenewal
AED 120,000/yr12 months · AED 79 per sqft
1 Nov 2018RentedRenewal
AED 150,000/yr12 months · AED 99 per sqft
1 Nov 2017RentedRenewal
AED 155,000/yr12 months · AED 102 per sqft
1 Nov 2016RentedNew contract
AED 155,000/yr12 months · AED 102 per sqft
6 Dec 2015RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
1 Nov 2014RentedNew contract
AED 160,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 17 December 2020.

Key facts

Type
2-bed apartment
Size
1,521 sqft
Floor
14th of 73
Parking
B4-102
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 32,600 /yr
Last sold
AED 1.71M · December 2020
Building
Cayan Tower

About 1403, Cayan Tower

1403 is a two-bedroom apartment of 1,521 sqft on the 14th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 17 December 2020 for AED 1,710,000, or AED 1,124 per sqft, 18% above the AED 956 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 November 2020, is AED 100,000 a year: a gross yield of 5.9% on the 2020 price, before the service charge of about AED 32,600 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, 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, April 2009: AED 1,660,200 (AED 1,091 per sqft)Sold, June 2014: AED 1,660,200 (AED 1,091 per sqft)Sold, December 2020: AED 1,710,000 (AED 1,124 per sqft)

1403 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1403, 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, November 2014: AED 160,000 a yearNew contract, December 2015: AED 165,000 a yearNew contract, November 2016: AED 155,000 a yearRenewal, November 2017: AED 155,000 a yearRenewal, November 2018: AED 150,000 a yearRenewal, November 2019: AED 120,000 a yearRenewal, November 2020: AED 100,000 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 1403 sits

All 205 2-beds →

1403 last sold in December 2020 at AED 1,124 per sqft, 18% above what two-beds in Cayan Tower were fetching at the time (AED 956). 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. 1403's AED 100,000 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 14th floor

All 495 units in Cayan Tower
Value
14012-bedAED 2.18M · Aug 2017
14022-bedAED 2.1M · Nov 2014
14041-bedAED 981K · Oct 2013
14052-bedAED 3.25M · Dec 2013
14061-bedAED 2.01M · Mar 2025
14071-bedAED 2.04M · Nov 2024
14082-bedAED 1.45M · May 2021
1–7 of 8

1403, Cayan Tower in numbers

  • Sold 3 times: first on 14 April 2009 for AED 1,660,200, last on 17 December 2020 for AED 1,710,000 (AED 1,124 per sqft).
  • Rented since November 2014 on 7 Ejari contracts, from AED 160,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 5.9%, before a service charge of about AED 32,600 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 17 December 2020.

Questions about 1403, Cayan Tower

What did unit 1403 last sell for?

AED 1,710,000 on 17 December 2020: AED 1,124 per sqft for 1,521 sqft. The unit has 3 registered sales; the first was AED 1,660,200 in April 2009.

What is the rent for unit 1403?

AED 100,000 a year on the contract renewed on 1 November 2020. The previous contract, from November 2019, was AED 120,000; the unit has been rented since November 2014.

How big is unit 1403?

1,521 sqft (141.3 sqm): a two-bedroom apartment on the 14th floor of a 73-storey tower completed in 2013.

What is unit 1403 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 1403, Cayan Tower

Starts from the last sale price (AED 1.71M, 17 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,710,000
Deposit, UAE resident (20%)
AED 342,000
Deposit, non-resident (40%)
AED 684,000
Monthly over 25 years at 3.7%
AED 6,996

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