2-bed · 1,376 sqftCayan Tower, Dubai Marina · 27th floor · completed 2013

2708, Cayan Tower

Sold prices and rental history: sold 3 times, last in October 2013, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2708 · DLD and Ejari recordsUpdated 1 September 2021
Last soldAED 1.73M3 October 2013
Current rentAED 85K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2708, Cayan Tower

What is 2708 worth today?

Last sold for AED 1,732,860 in 2013

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1 Sep 2021RentedNew contract
AED 85,000/yr12 months · AED 62 per sqft
1 Feb 2020RentedNew contract
AED 120,000/yr12 months · AED 87 per sqft
11 Nov 2018RentedNew contract
AED 168,000/yr10 months · AED 122 per sqft
3 Oct 2013SoldReady
AED 1,732,860AED 1,259 per sqft
17 Dec 2009SoldOff-plan
AED 1,820,543AED 1,322 per sqft
18 Nov 2008Sold by developerOff-plan
AED 1,732,860AED 1,259 per sqft

Source: Dubai Land Department. Updated 1 September 2021.

Key facts

Type
2-bed apartment
Size
1,376 sqft
Floor
27th of 73
Parking
B1-306
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 29,500 /yr
Last sold
AED 1.73M · October 2013
Building
Cayan Tower

About 2708, Cayan Tower

2708 is a two-bedroom apartment of 1,376 sqft on the 27th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 3 October 2013 for AED 1,732,860, or AED 1,259 per sqft, 4% below the AED 1,309 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 September 2021, is AED 85,000 a year: a gross yield of 4.9% on the 2013 price, before the service charge of about AED 29,500 a year.

Sales and rents for 2708 over time

Sales
Unit 2708, each saleTypical two-bed in Cayan Tower
1M2M3M2008201320182023Typical 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, November 2008: AED 1,732,860 (AED 1,259 per sqft)Sold, December 2009: AED 1,820,543 (AED 1,322 per sqft)Sold, October 2013: AED 1,732,860 (AED 1,259 per sqft)

2708 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2708, 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, November 2018: AED 168,000 a yearNew contract, February 2020: AED 120,000 a yearNew contract, September 2021: AED 85,000 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 2708 sits

All 205 2-beds →

2708 last sold in October 2013 at AED 1,259 per sqft, 4% below what two-beds in Cayan Tower were fetching at the time (AED 1,309). 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. 2708's AED 85,000 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 27th floor

All 495 units in Cayan Tower
Value
27012-bedAED 2.35M · May 2023
27022-bedAED 1.88M · Dec 2016
27032-bedAED 2.5M · Nov 2023
27041-bedAED 1.9M · Oct 2014
27052-bedAED 2.7M · Feb 2024
27061-bedAED 1.05M · Oct 2013
27071-bedAED 1.2M · May 2021
1–7 of 8

2708, Cayan Tower in numbers

  • Sold 3 times: first on 18 November 2008 for AED 1,732,860, last on 3 October 2013 for AED 1,732,860 (AED 1,259 per sqft).
  • Rented since November 2018 on 3 Ejari contracts, from AED 168,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2013 price is 4.9%, before a service charge of about AED 29,500 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 1 September 2021.

Questions about 2708, Cayan Tower

What did unit 2708 last sell for?

AED 1,732,860 on 3 October 2013: AED 1,259 per sqft for 1,376 sqft. The unit has 3 registered sales; the first was AED 1,732,860 in November 2008.

What is the rent for unit 2708?

AED 85,000 a year on the contract signed on 1 September 2021. The previous contract, from February 2020, was AED 120,000; the unit has been rented since November 2018.

How big is unit 2708?

1,376 sqft (127.8 sqm): a two-bedroom apartment on the 27th floor of a 73-storey tower completed in 2013.

What is unit 2708 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 2708, Cayan Tower

Starts from the last sale price (AED 1.73M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,732,860
Deposit, UAE resident (20%)
AED 346,572
Deposit, non-resident (40%)
AED 693,144
Monthly over 25 years at 3.7%
AED 7,090

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