2-bed · 1,525 sqftCayan Tower, Dubai Marina · 17th floor · completed 2013

1701, Cayan Tower

Sold prices and rental history: sold 4 times, last in September 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 2.3M11 September 2023
Current rentAED 165K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Cayan Tower

What is 1701 worth today?

Last sold for AED 2,300,000 in 2023

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20 Jun 2024RentedNew contract
AED 165,000/yr12 months · AED 108 per sqft
20 Jun 2024RentedNew contract
AED 165,000/yr12 months · AED 108 per sqft
11 Sep 2023SoldReady
AED 2,300,000AED 1,507 per sqft
17 Dec 2020RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
5 Sep 2019RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
1 Sep 2018RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
20 May 2014RentedNew contract
AED 160,000/yr12 months · AED 105 per sqft
16 Dec 2013SoldReady
AED 3,050,000AED 1,999 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
2-bed apartment
Size
1,525 sqft
Floor
17th of 73
Parking
B4-111
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 32,700 /yr
Last sold
AED 2.3M · September 2023
Building
Cayan Tower

About 1701, Cayan Tower

1701 is a two-bedroom apartment of 1,525 sqft on the 17th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 11 September 2023 for AED 2,300,000, or AED 1,507 per sqft, 6% below the AED 1,606 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 20 June 2024, is AED 165,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 32,700 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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 1,989,540 (AED 1,304 per sqft)Sold, October 2013: AED 1,989,540 (AED 1,304 per sqft)Sold, December 2013: AED 3,050,000 (AED 1,999 per sqft)Sold, September 2023: AED 2,300,000 (AED 1,507 per sqft)

1701 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, 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 160,000 a yearNew contract, September 2018: AED 115,000 a yearNew contract, September 2019: AED 115,000 a yearNew contract, December 2020: AED 80,000 a yearNew contract, June 2024: AED 165,000 a yearNew contract, June 2024: AED 165,000 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 1701 sits

All 205 2-beds →

1701 last sold in September 2023 at AED 1,507 per sqft, 6% below what two-beds in Cayan Tower were fetching at the time (AED 1,606). 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. 1701's AED 165,000 is in the upper 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 17th floor

All 495 units in Cayan Tower
Value
17022-bedAED 2.4M · Feb 2024
17032-bedAED 2.73M · May 2026
17041-bedAED 2M · Oct 2023
17052-bedAED 3.18M · Sep 2014
17061-bedAED 1.28M · Jul 2019
17071-bedAED 1.45M · Jul 2022
17082-bedAED 866K · Oct 2013
1–7 of 8

1701, Cayan Tower in numbers

  • Sold 4 times: first on 14 April 2009 for AED 1,989,540, last on 11 September 2023 for AED 2,300,000 (AED 1,507 per sqft).
  • Rented since May 2014 on 6 Ejari contracts. The rent fell from AED 160,000 to AED 80,000 in 2020 and recovered to AED 165,000 by June 2024.
  • At AED 165,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 32,700 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 20 June 2024.

Questions about 1701, Cayan Tower

What did unit 1701 last sell for?

AED 2,300,000 on 11 September 2023: AED 1,507 per sqft for 1,525 sqft. The unit has 4 registered sales; the first was AED 1,989,540 in April 2009.

What is the rent for unit 1701?

AED 165,000 a year on the contract signed on 20 June 2024. The previous contract, from June 2024, was AED 165,000; the unit has been rented since May 2014.

How big is unit 1701?

1,525 sqft (141.7 sqm): a two-bedroom apartment on the 17th floor of a 73-storey tower completed in 2013.

What is unit 1701 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 1701, Cayan Tower

Starts from the last sale price (AED 2.3M, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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