2-bed · 1,372 sqftCayan Tower, Dubai Marina · 15th floor · completed 2013

1505, Cayan Tower

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 3.06M22 July 2024
Current rentAED 124K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Cayan Tower

What is 1505 worth today?

Last sold for AED 3,060,000 in 2024

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22 Jul 2024SoldReady
AED 3,060,000AED 2,229 per sqft
15 Sep 2023RentedRenewal
AED 123,900/yr12 months · AED 90 per sqft
15 Sep 2022RentedRenewal
AED 114,000/yr12 months · AED 83 per sqft
15 Sep 2021RentedRenewal
AED 105,000/yr12 months · AED 76 per sqft
15 Sep 2020RentedNew contract
AED 100,000/yr12 months · AED 73 per sqft
21 Nov 2013SoldReady
AED 1,776,636AED 1,294 per sqft
2 Apr 2012SoldOff-plan
AED 1,776,636AED 1,294 per sqft
14 Apr 2009Sold by developerOff-plan
AED 1,540,080AED 1,122 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
2-bed apartment
Size
1,372 sqft
Floor
15th of 73
Parking
B4-108
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 29,400 /yr
Last sold
AED 3.06M · July 2024
Building
Cayan Tower

About 1505, Cayan Tower

1505 is a two-bedroom apartment of 1,372 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 22 July 2024 for AED 3,060,000, or AED 2,229 per sqft, 23% above the AED 1,814 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 15 September 2023, is AED 123,900 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 29,400 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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 1,540,080 (AED 1,122 per sqft)Sold, April 2012: AED 1,776,636 (AED 1,294 per sqft)Sold, November 2013: AED 1,776,636 (AED 1,294 per sqft)Sold, July 2024: AED 3,060,000 (AED 2,229 per sqft)

1505 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1505, 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, September 2020: AED 100,000 a yearRenewal, September 2021: AED 105,000 a yearRenewal, September 2022: AED 114,000 a yearRenewal, September 2023: AED 123,900 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 1505 sits

All 205 2-beds →

1505 last sold in July 2024 at AED 2,229 per sqft, 23% above what two-beds in Cayan Tower were fetching at the time (AED 1,814). 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. 1505's AED 123,900 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 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
15041-bedAED 1.29M · Aug 2014
15061-bedAED 1.52M · Jun 2017
15071-bedAED 1.65M · May 2023
15082-bedAED 1.67M · Oct 2013
1–7 of 8

1505, Cayan Tower in numbers

  • Sold 4 times: first on 14 April 2009 for AED 1,540,080, last on 22 July 2024 for AED 3,060,000 (AED 2,229 per sqft).
  • Rented since September 2020 on 4 Ejari contracts, from AED 100,000 to AED 123,900 a year.
  • At AED 123,900 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 29,400 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 22 July 2024.

Questions about 1505, Cayan Tower

What did unit 1505 last sell for?

AED 3,060,000 on 22 July 2024: AED 2,229 per sqft for 1,372 sqft. The unit has 4 registered sales; the first was AED 1,540,080 in April 2009.

What is the rent for unit 1505?

AED 123,900 a year on the contract renewed on 15 September 2023. The previous contract, from September 2022, was AED 114,000; the unit has been rented since September 2020.

How big is unit 1505?

1,372 sqft (127.5 sqm): a two-bedroom apartment on the 15th floor of a 73-storey tower completed in 2013.

What is unit 1505 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 1505, Cayan Tower

Starts from the last sale price (AED 3.06M, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,060,000
Deposit, UAE resident (20%)
AED 612,000
Deposit, non-resident (40%)
AED 1,224,000
Monthly over 25 years at 3.7%
AED 12,519

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