2-bed · 1,255 sqftCayan Tower, Dubai Marina · 17th floor · completed 2013

1702, Cayan Tower

Sold prices and rental history: sold 5 times, last in February 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 23 February 2024
Last soldAED 2.4M23 February 2024
Current rentAED 89K /yr5 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Cayan Tower

What is 1702 worth today?

Last sold for AED 2,400,000 in 2024

Unlock today's estimate, updated daily, with

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

23 Feb 2024SoldReady
AED 2,400,000AED 1,912 per sqft
11 Dec 2023SoldReady
AED 2,050,000AED 1,633 per sqft
5 Oct 2022RentedRenewal
AED 88,550/yr12 months · AED 70 per sqft
5 Oct 2021RentedRenewal
AED 80,500/yr12 months · AED 64 per sqft
5 Oct 2020RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
24 Apr 2018RentedNew contract
AED 125,000/yr12 months · AED 99 per sqft
30 Mar 2017RentedRenewal
AED 152,250/yr12 months · AED 121 per sqft
30 Mar 2016RentedRenewal
AED 152,250/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 23 February 2024.

Key facts

Type
2-bed apartment
Size
1,255 sqft
Floor
17th of 73
Parking
B4-112
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 26,900 /yr
Last sold
AED 2.4M · February 2024
Building
Cayan Tower

About 1702, Cayan Tower

1702 is a two-bedroom apartment of 1,255 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 23 February 2024 for AED 2,400,000, or AED 1,912 per sqft, 14% above the AED 1,672 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 5 October 2022, is AED 88,550 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 26,900 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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 2013: AED 1,590,758 (AED 1,267 per sqft)Sold, October 2013: AED 1,590,758 (AED 1,267 per sqft)Sold, February 2014: AED 2,000,000 (AED 1,594 per sqft)Sold, December 2023: AED 2,050,000 (AED 1,633 per sqft)Sold, February 2024: AED 2,400,000 (AED 1,912 per sqft)

1702 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, 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, March 2014: AED 145,000 a yearNew contract, March 2015: AED 152,250 a yearRenewal, March 2016: AED 152,250 a yearRenewal, March 2017: AED 152,250 a yearNew contract, April 2018: AED 125,000 a yearNew contract, October 2020: AED 70,000 a yearRenewal, October 2021: AED 80,500 a yearRenewal, October 2022: AED 88,550 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 1702 sits

All 205 2-beds →

1702 last sold in February 2024 at AED 1,912 per sqft, 14% above what two-beds in Cayan Tower were fetching at the time (AED 1,672). 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. 1702's AED 88,550 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 17th floor

All 495 units in Cayan Tower
Value
17012-bedAED 2.3M · Sep 2023
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

1702, Cayan Tower in numbers

  • Sold 5 times: first on 22 April 2013 for AED 1,590,758, last on 23 February 2024 for AED 2,400,000 (AED 1,912 per sqft).
  • Rented since March 2014 on 8 Ejari contracts. The rent fell from AED 145,000 to AED 70,000 in 2020 and recovered to AED 88,550 by October 2022.
  • At AED 88,550 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 26,900 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 23 February 2024.

Questions about 1702, Cayan Tower

What did unit 1702 last sell for?

AED 2,400,000 on 23 February 2024: AED 1,912 per sqft for 1,255 sqft. The unit has 5 registered sales; the first was AED 1,590,758 in April 2013.

What is the rent for unit 1702?

AED 88,550 a year on the contract renewed on 5 October 2022. The previous contract, from October 2021, was AED 80,500; the unit has been rented since March 2014.

How big is unit 1702?

1,255 sqft (116.6 sqm): a two-bedroom apartment on the 17th floor of a 73-storey tower completed in 2013.

What is unit 1702 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 1702? 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 1702, Cayan Tower

Starts from the last sale price (AED 2.4M, 23 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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