2-bed · 1,521 sqftCayan Tower, Dubai Marina · 22nd floor · completed 2013

2203, Cayan Tower

Sold prices and rental history: sold 3 times, last in December 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 12 December 2016
Last soldAED 2.75M12 December 2016
Current rentAED 170K /yr22 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, Cayan Tower

What is 2203 worth today?

Last sold for AED 2,750,000 in 2016

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12 Dec 2016SoldReady
AED 2,750,000AED 1,807 per sqft
22 May 2015RentedNew contract
AED 170,000/yr12 months · AED 112 per sqft
22 May 2014RentedNew contract
AED 170,000/yr12 months · AED 112 per sqft
3 Oct 2013SoldReady
AED 1,603,350AED 1,053 per sqft
10 Apr 2012Sold by developerOff-plan
AED 1,603,350AED 1,053 per sqft

Source: Dubai Land Department. Updated 12 December 2016.

Key facts

Type
2-bed apartment
Size
1,521 sqft
Floor
22nd of 73
Parking
B1-326
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 32,600 /yr
Last sold
AED 2.75M · December 2016
Building
Cayan Tower

About 2203, Cayan Tower

2203 is a two-bedroom apartment of 1,521 sqft on the 22nd floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 12 December 2016 for AED 2,750,000, or AED 1,807 per sqft, in line with the AED 1,782 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 22 May 2015, is AED 170,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 32,600 a year.

Sales and rents for 2203 over time

Sales
Unit 2203, 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 2012: AED 1,603,350 (AED 1,053 per sqft)Sold, October 2013: AED 1,603,350 (AED 1,053 per sqft)Sold, December 2016: AED 2,750,000 (AED 1,807 per sqft)

2203 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2203, 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 170,000 a yearNew contract, May 2015: AED 170,000 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 2203 sits

All 205 2-beds →

2203 last sold in December 2016 at AED 1,807 per sqft, in line with what two-beds in Cayan Tower were fetching at the time (AED 1,782). 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. 2203's AED 170,000 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 22nd floor

All 495 units in Cayan Tower
Value
22012-bedAED 1.53M · Oct 2013
22022-bedAED 1.33M · Oct 2013
22041-bedAED 1.08M · Oct 2013
22052-bedAED 2.5M · May 2025
22061-bedAED 1.58M · Oct 2013
22071-bedAED 784K · Oct 2013
22082-bedAED 1.44M · Oct 2013
1–7 of 8

2203, Cayan Tower in numbers

  • Sold 3 times: first on 10 April 2012 for AED 1,603,350, last on 12 December 2016 for AED 2,750,000 (AED 1,807 per sqft).
  • Rented since May 2014 on 2 Ejari contracts, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2016 price is 6.2%, 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 12 December 2016.

Questions about 2203, Cayan Tower

What did unit 2203 last sell for?

AED 2,750,000 on 12 December 2016: AED 1,807 per sqft for 1,521 sqft. The unit has 3 registered sales; the first was AED 1,603,350 in April 2012.

What is the rent for unit 2203?

AED 170,000 a year on the contract signed on 22 May 2015. The previous contract, from May 2014, was AED 170,000.

How big is unit 2203?

1,521 sqft (141.3 sqm): a two-bedroom apartment on the 22nd floor of a 73-storey tower completed in 2013.

What is unit 2203 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 2203, Cayan Tower

Starts from the last sale price (AED 2.75M, 12 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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