2-bed · 1,376 sqftCayan Tower, Dubai Marina · 15th floor · completed 2013

1508, Cayan Tower

Sold prices and rental history: sold twice, last in October 2013, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 1.67M3 October 2013
Current rentAED 90K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Cayan Tower

What is 1508 worth today?

Last sold for AED 1,668,600 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 65 per sqft
1 Aug 2015RentedNew contract
AED 180,000/yr12 months · AED 131 per sqft
3 Oct 2013SoldReady
AED 1,668,600AED 1,212 per sqft
14 Apr 2009Sold by developerOff-plan
AED 1,668,600AED 1,212 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
2-bed apartment
Size
1,376 sqft
Floor
15th of 73
Parking
B1-330
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 29,500 /yr
Last sold
AED 1.67M · October 2013
Building
Cayan Tower

About 1508, Cayan Tower

1508 is a two-bedroom apartment of 1,376 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 3 October 2013 for AED 1,668,600, or AED 1,212 per sqft, 7% below the AED 1,309 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 September 2022, is AED 90,000 a year: a gross yield of 5.4% on the 2013 price, before the service charge of about AED 29,500 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, 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 1,668,600 (AED 1,212 per sqft)Sold, October 2013: AED 1,668,600 (AED 1,212 per sqft)

1508 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1508, 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, August 2015: AED 180,000 a yearNew contract, September 2022: AED 90,000 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 1508 sits

All 205 2-beds →

1508 last sold in October 2013 at AED 1,212 per sqft, 7% below what two-beds in Cayan Tower were fetching at the time (AED 1,309). 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. 1508's AED 90,000 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 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
15052-bedAED 3.06M · Jul 2024
15061-bedAED 1.52M · Jun 2017
15071-bedAED 1.65M · May 2023
1–7 of 8

1508, Cayan Tower in numbers

  • Sold twice: first on 14 April 2009 for AED 1,668,600, last on 3 October 2013 for AED 1,668,600 (AED 1,212 per sqft).
  • Rented since August 2015 on 2 Ejari contracts, from AED 180,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2013 price is 5.4%, 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 September 2022.

Questions about 1508, Cayan Tower

What did unit 1508 last sell for?

AED 1,668,600 on 3 October 2013: AED 1,212 per sqft for 1,376 sqft. The unit has 2 registered sales; the first was AED 1,668,600 in April 2009.

What is the rent for unit 1508?

AED 90,000 a year on the contract signed on 1 September 2022. The previous contract, from August 2015, was AED 180,000.

How big is unit 1508?

1,376 sqft (127.8 sqm): a two-bedroom apartment on the 15th floor of a 73-storey tower completed in 2013.

What is unit 1508 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.

Selling 1508? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1508, Cayan Tower

Starts from the last sale price (AED 1.67M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,668,600
Deposit, UAE resident (20%)
AED 333,720
Deposit, non-resident (40%)
AED 667,440
Monthly over 25 years at 3.7%
AED 6,827

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