1-bed · 875 sqftCayan Tower, Dubai Marina · 15th floor · completed 2013

1504, Cayan Tower

Sold prices and rental history: sold 5 times, last in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 1.29M12 August 2014
Current rentAED 105K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Cayan Tower

What is 1504 worth today?

Last sold for AED 1,287,500 in 2014

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1 Nov 2022RentedRenewal
AED 105,000/yr36 months · AED 120 per sqft
1 Nov 2021RentedNew contract
AED 75,000/yr12 months · AED 86 per sqft
11 Nov 2019RentedNew contract
AED 85,000/yr12 months · AED 97 per sqft
12 Aug 2014SoldReady
AED 1,287,500AED 1,471 per sqft
1 Mar 2014RentedNew contract
AED 125,000/yr12 months · AED 143 per sqft
4 Dec 2012SoldOff-plan
AED 1,287,500AED 1,471 per sqft
10 Mar 2011SoldOff-plan
AED 800,000AED 914 per sqft
10 Feb 2010Sold by developerOff-plan
AED 1,103,625AED 1,261 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
1-bed apartment
Size
875 sqft
Floor
15th of 73
Parking
B5-030
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 18,800 /yr
Last sold
AED 1.29M · August 2014
Building
Cayan Tower

About 1504, Cayan Tower

1504 is a one-bedroom apartment of 875 sqft on the 15th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 12 August 2014 for AED 1,287,500, or AED 1,471 per sqft, 6% above the AED 1,385 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 105,000 a year: a gross yield of 8.2% on the 2014 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, February 2010: AED 1,103,625 (AED 1,261 per sqft)Sold, February 2010: AED 1,103,625 (AED 1,261 per sqft)Sold, March 2011: AED 800,000 (AED 914 per sqft)Sold, December 2012: AED 1,287,500 (AED 1,471 per sqft)Sold, August 2014: AED 1,287,500 (AED 1,471 per sqft)

1504 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1504, each contractTypical one-bed in Cayan Tower
75K100K125K2013201720212025Typical 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 125,000 a yearNew contract, November 2019: AED 85,000 a yearNew contract, November 2021: AED 75,000 a yearRenewal, November 2022: AED 105,000 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 1504 sits

All 171 1-beds →

1504 last sold in August 2014 at AED 1,471 per sqft, 6% above what one-beds in Cayan Tower were fetching at the time (AED 1,385). 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. 1504's AED 105,000 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 15th floor

All 495 units in Cayan Tower
Value
15012-bedAED 2.04M · Jun 2022
15022-bedAED 1.59M · Oct 2013
15032-bedAED 706K · May 2025
15052-bedAED 3.06M · Jul 2024
15061-bedAED 1.52M · Jun 2017
15071-bedAED 1.65M · May 2023
15082-bedAED 1.67M · Oct 2013
1–7 of 8

1504, Cayan Tower in numbers

  • Sold 5 times: first on 10 February 2010 for AED 1,103,625, last on 12 August 2014 for AED 1,287,500 (AED 1,471 per sqft).
  • Rented since March 2014 on 4 Ejari contracts. The rent fell from AED 125,000 to AED 75,000 in 2021 and recovered to AED 105,000 by November 2022.
  • At AED 105,000 a year the gross yield on the 2014 price is 8.2%, 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 1 November 2022.

Questions about 1504, Cayan Tower

What did unit 1504 last sell for?

AED 1,287,500 on 12 August 2014: AED 1,471 per sqft for 875 sqft. The unit has 5 registered sales; the first was AED 1,103,625 in February 2010.

What is the rent for unit 1504?

AED 105,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 75,000; the unit has been rented since March 2014.

How big is unit 1504?

875 sqft (81.3 sqm): a one-bedroom apartment on the 15th floor of a 73-storey tower completed in 2013.

What is unit 1504 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 1504, Cayan Tower

Starts from the last sale price (AED 1.29M, 12 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,287,500
Deposit, UAE resident (20%)
AED 257,500
Deposit, non-resident (40%)
AED 515,000
Monthly over 25 years at 3.7%
AED 5,268

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