1603, Cayan Tower
Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Cayan Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 31 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,521 sqft
- Floor
- 16th of 73
- Parking
- B4-110
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2013
- Service charge
- AED 32,600 /yr
- Last sold
- AED 2.53M · May 2023
- Building
- Cayan Tower
About 1603, Cayan Tower
1603 is a two-bedroom apartment of 1,521 sqft on the 16th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 31 May 2023 for AED 2,526,832, or AED 1,660 per sqft, 6% above the AED 1,573 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 120,346 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 32,600 a year.
Sales and rents for 1603 over time
1603 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 1603 sits
All 205 2-beds →1603 last sold in May 2023 at AED 1,660 per sqft, 6% above what two-beds in Cayan Tower were fetching at the time (AED 1,573). 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. 1603's AED 120,346 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 1,525 sqft | 3,200,000 | 2,097 | ||
| 7 Jul 20267 July 2026 | 1,525 sqft | 2,500,000 | 1,638 | ||
| 3 Jun 20263 June 2026 | 1,372 sqft | 3,000,000 | 2,185 | ||
| 22 May 202622 May 2026 | 1,521 sqft | 2,725,000 | 1,791 |
Cayan Tower
Building495 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%
Other units on the 16th floor
All 495 units in Cayan Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,525 sqft | AED 3.1MAED 3,100,000 · Apr 2014April 2014 | ||
| 1602 | 2-bed | 1,255 sqft | AED 2MAED 2,000,000 · Jan 2014January 2014 | 140,000 /yr | |
| 1604 | 1-bed | 875 sqft | AED 1.5MAED 1,500,000 · Jun 2018June 2018 | 115,500 /yr | |
| 1605 | 2-bed | 1,372 sqft | AED 1.54MAED 1,540,080 · Oct 2013October 2013 | 136,500 /yr | |
| 1606 | 1-bed | 714 sqft | AED 1.6MAED 1,600,000 · Feb 2014February 2014 | 120,323 /yr | |
| 1607 | 1-bed | 762 sqft | AED 846KAED 846,180 · Oct 2013October 2013 | 126,000 /yr | |
| 1608 | 2-bed | 1,376 sqft | AED 2.8MAED 2,800,000 · Jul 2015July 2015 | 155,000 /yr | |
| 1609 | 1-bed | 875 sqft | AED 1.9MAED 1,900,000 · Apr 2023April 2023 | 150,000 /yr |
1603, Cayan Tower in numbers
- Sold 4 times: first on 24 June 2009 for AED 747,090, last on 31 May 2023 for AED 2,526,832 (AED 1,660 per sqft).
- Rented since May 2015 on 8 Ejari contracts, from AED 175,000 to AED 120,346 a year.
- At AED 120,346 a year the gross yield on the 2023 price is 4.8%, 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 31 May 2023.
Questions about 1603, Cayan Tower
What did unit 1603 last sell for?
AED 2,526,832 on 31 May 2023: AED 1,660 per sqft for 1,521 sqft. The unit has 4 registered sales; the first was AED 747,090 in June 2009.
What is the rent for unit 1603?
AED 120,346 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 120,000; the unit has been rented since May 2015.
How big is unit 1603?
1,521 sqft (141.3 sqm): a two-bedroom apartment on the 16th floor of a 73-storey tower completed in 2013.
What is unit 1603 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 1603, Cayan Tower
Starts from the last sale price (AED 2.53M, 31 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,526,832
- Deposit, UAE resident (20%)
- AED 505,366
- Deposit, non-resident (40%)
- AED 1,010,733
- Monthly over 25 years at 3.7%
- AED 10,338
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →