2-bed · 1,376 sqftCayan Tower, Dubai Marina · 14th floor · completed 2013

1408, Cayan Tower

Sold prices and rental history: sold 4 times, last in May 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 1 October 2021
Last soldAED 1.45M5 May 2021
Current rentAED 125K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Cayan Tower

What is 1408 worth today?

Last sold for AED 1,450,000 in 2021

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1 Oct 2021RentedNew contract
AED 125,000/yr12 months · AED 91 per sqft
5 May 2021SoldReady
AED 1,450,000AED 1,053 per sqft
1 Oct 2020RentedRenewal
AED 120,000/yr12 months · AED 87 per sqft
1 Oct 2019RentedNew contract
AED 130,000/yr12 months · AED 94 per sqft
15 Jul 2018RentedNew contract
AED 155,000/yr12 months · AED 112 per sqft
15 Jul 2016RentedNew contract
AED 175,000/yr12 months · AED 127 per sqft
4 May 2014RentedNew contract
AED 162,000/yr12 months · AED 118 per sqft
15 Apr 2014SoldReady
AED 1,668,600AED 1,212 per sqft

Source: Dubai Land Department. Updated 1 October 2021.

Key facts

Type
2-bed apartment
Size
1,376 sqft
Floor
14th of 73
Parking
B4-104
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 29,500 /yr
Last sold
AED 1.45M · May 2021
Building
Cayan Tower

About 1408, Cayan Tower

1408 is a two-bedroom apartment of 1,376 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 5 May 2021 for AED 1,450,000, or AED 1,053 per sqft, in line with the AED 1,037 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 October 2021, is AED 125,000 a year: a gross yield of 8.6% on the 2021 price, before the service charge of about AED 29,500 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, May 2009: AED 1,668,600 (AED 1,212 per sqft)Sold, May 2013: AED 2,652,000 (AED 1,926 per sqft)Sold, April 2014: AED 1,668,600 (AED 1,212 per sqft)Sold, May 2021: AED 1,450,000 (AED 1,053 per sqft)

1408 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, 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, May 2014: AED 162,000 a yearNew contract, July 2016: AED 175,000 a yearNew contract, July 2018: AED 155,000 a yearNew contract, October 2019: AED 130,000 a yearRenewal, October 2020: AED 120,000 a yearNew contract, October 2021: AED 125,000 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 1408 sits

All 205 2-beds →

1408 last sold in May 2021 at AED 1,053 per sqft, in line with what two-beds in Cayan Tower were fetching at the time (AED 1,037). 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. 1408's AED 125,000 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
14032-bedAED 1.71M · Dec 2020
14041-bedAED 981K · Oct 2013
14052-bedAED 3.25M · Dec 2013
14061-bedAED 2.01M · Mar 2025
14071-bedAED 2.04M · Nov 2024
1–7 of 8

1408, Cayan Tower in numbers

  • Sold 4 times: first on 3 May 2009 for AED 1,668,600, last on 5 May 2021 for AED 1,450,000 (AED 1,053 per sqft).
  • Rented since May 2014 on 6 Ejari contracts, from AED 162,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 8.6%, before a service charge of about AED 29,500 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 1 October 2021.

Questions about 1408, Cayan Tower

What did unit 1408 last sell for?

AED 1,450,000 on 5 May 2021: AED 1,053 per sqft for 1,376 sqft. The unit has 4 registered sales; the first was AED 1,668,600 in May 2009.

What is the rent for unit 1408?

AED 125,000 a year on the contract signed on 1 October 2021. The previous contract, from October 2020, was AED 120,000; the unit has been rented since May 2014.

How big is unit 1408?

1,376 sqft (127.8 sqm): a two-bedroom apartment on the 14th floor of a 73-storey tower completed in 2013.

What is unit 1408 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 1408, Cayan Tower

Starts from the last sale price (AED 1.45M, 5 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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