2-bed · 1,372 sqftCayan Tower, Dubai Marina · 24th floor · completed 2013

2405, Cayan Tower

Sold prices and rental history: sold 4 times, last in April 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 2.4M4 April 2023
Current rentAED 185K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Cayan Tower

What is 2405 worth today?

Last sold for AED 2,400,000 in 2023

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15 Oct 2024RentedRenewal
AED 185,000/yr12 months · AED 135 per sqft
15 Oct 2024RentedRenewal
AED 185,000/yr12 months · AED 135 per sqft
15 Oct 2023RentedNew contract
AED 175,000/yr12 months · AED 128 per sqft
4 Apr 2023SoldReady
AED 2,400,000AED 1,748 per sqft
5 Feb 2023RentedNew contract
AED 105,000/yr12 months · AED 77 per sqft
5 Aug 2022RentedRenewal
AED 105,000/yr6 months · AED 76 per sqft
5 Feb 2022RentedRenewal
AED 105,000/yr6 months · AED 76 per sqft
5 Aug 2021RentedRenewal
AED 105,000/yr6 months · AED 76 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
2-bed apartment
Size
1,372 sqft
Floor
24th of 73
Parking
B2-250
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 29,400 /yr
Last sold
AED 2.4M · April 2023
Building
Cayan Tower

About 2405, Cayan Tower

2405 is a two-bedroom apartment of 1,372 sqft on the 24th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 4 April 2023 for AED 2,400,000, or AED 1,748 per sqft, 12% above the AED 1,558 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 185,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 29,400 a year.

Sales and rents for 2405 over time

Sales
Unit 2405, 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 1,732,860 (AED 1,262 per sqft)Sold, April 2014: AED 1,732,860 (AED 1,262 per sqft)Sold, July 2015: AED 3,050,000 (AED 2,222 per sqft)Sold, April 2023: AED 2,400,000 (AED 1,748 per sqft)

2405 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, each contractTypical two-bed in Cayan Tower
100K150K200K2013201720212025Typical 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, July 2016: AED 147,000 a yearRenewal, July 2017: AED 150,000 a yearRenewal, July 2018: AED 140,000 a yearNew contract, February 2020: AED 115,000 a yearRenewal, February 2021: AED 100,000 a yearRenewal, August 2021: AED 105,000 a yearRenewal, February 2022: AED 105,000 a yearRenewal, August 2022: AED 105,000 a yearNew contract, February 2023: AED 105,000 a yearNew contract, October 2023: AED 175,000 a yearRenewal, October 2024: AED 185,000 a yearRenewal, October 2024: AED 185,000 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 2405 sits

All 205 2-beds →

2405 last sold in April 2023 at AED 1,748 per sqft, 12% above what two-beds in Cayan Tower were fetching at the time (AED 1,558). 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. 2405's AED 185,000 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 24th floor

All 495 units in Cayan Tower
Value
24012-bedAED 3.33M · Feb 2025
24022-bedAED 1.72M · Oct 2013
24032-bedAED 1.89M · Oct 2013
24041-bedAED 611K · Oct 2013
24061-bedAED 1.72M · Sep 2026
24071-bedAED 947K · Oct 2013
24082-bedAED 2.3M · Feb 2024
1–7 of 8

2405, Cayan Tower in numbers

  • Sold 4 times: first on 14 April 2009 for AED 1,732,860, last on 4 April 2023 for AED 2,400,000 (AED 1,748 per sqft).
  • Rented since July 2016 on 12 Ejari contracts. The rent fell from AED 147,000 to AED 100,000 in 2021 and recovered to AED 185,000 by October 2024.
  • At AED 185,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 29,400 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 15 October 2024.

Questions about 2405, Cayan Tower

What did unit 2405 last sell for?

AED 2,400,000 on 4 April 2023: AED 1,748 per sqft for 1,372 sqft. The unit has 4 registered sales; the first was AED 1,732,860 in April 2009.

What is the rent for unit 2405?

AED 185,000 a year on the contract renewed on 15 October 2024. The previous contract, from October 2024, was AED 185,000; the unit has been rented since July 2016.

How big is unit 2405?

1,372 sqft (127.5 sqm): a two-bedroom apartment on the 24th floor of a 73-storey tower completed in 2013.

What is unit 2405 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 2405, Cayan Tower

Starts from the last sale price (AED 2.4M, 4 April 2023). 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 →