1-bed · 875 sqftCayan Tower, Dubai Marina · 27th floor · completed 2013

2709, Cayan Tower

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

Unit 2709 · DLD and Ejari recordsUpdated 5 November 2017
Last soldAED 1.05M3 October 2013
Current rentAED 110K /yr5 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2709, Cayan Tower

What is 2709 worth today?

Last sold for AED 1,048,140 in 2013

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5 Nov 2017RentedNew contract
AED 110,000/yr12 months · AED 126 per sqft
29 Oct 2016RentedRenewal
AED 115,000/yr12 months · AED 132 per sqft
29 Oct 2015RentedNew contract
AED 115,000/yr12 months · AED 132 per sqft
27 Oct 2013RentedNew contract
AED 120,000/yr12 months · AED 138 per sqft
3 Oct 2013SoldReady
AED 1,048,140AED 1,197 per sqft
14 Apr 2009Sold by developerOff-plan
AED 1,048,140AED 1,197 per sqft

Source: Dubai Land Department. Updated 5 November 2017.

Key facts

Type
1-bed apartment
Size
875 sqft
Floor
27th of 73
Parking
B5-073
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 18,800 /yr
Last sold
AED 1.05M · October 2013
Building
Cayan Tower

About 2709, Cayan Tower

2709 is a one-bedroom apartment of 875 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 1,048,140, or AED 1,197 per sqft, 13% below the AED 1,374 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 5 November 2017, is AED 110,000 a year: a gross yield of 10.5% on the 2013 price, before the service charge of about AED 18,800 a year.

Sales and rents for 2709 over time

Sales
Unit 2709, each saleTypical one-bed in Cayan Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,020,600; 2010 AED 1,067,731; 2011 AED 953,403; 2012 AED 1,047,985; 2013 AED 1,080,734; 2014 AED 1,750,000; 2015 AED 1,925,000; 2016 AED 1,750,000; 2017 AED 1,800,000; 2018 AED 1,500,000; 2019 AED 1,240,000; 2020 AED 950,000; 2021 AED 1,200,000; 2022 AED 1,450,000; 2023 AED 1,867,500; 2024 AED 1,862,500; 2025 AED 2,000,000; 2026 AED 2,000,000Sold by developer, April 2009: AED 1,048,140 (AED 1,197 per sqft)Sold, October 2013: AED 1,048,140 (AED 1,197 per sqft)

2709 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2709, each contractTypical one-bed in Cayan Tower
75K100K125K2013201720212025Typical rent by year: 2013 AED 120,000; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 113,846; 2018 AED 101,500; 2019 AED 90,050; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 116,600; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 119,000New contract, October 2013: AED 120,000 a yearNew contract, October 2015: AED 115,000 a yearRenewal, October 2016: AED 115,000 a yearNew contract, November 2017: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Cayan Tower, and where 2709 sits

All 171 1-beds →

2709 last sold in October 2013 at AED 1,197 per sqft, 13% below what one-beds in Cayan Tower were fetching at the time (AED 1,374). Over the last 12 months one-beds sold for AED 1,720,000 to 3,400,000, around AED 2,348 per sqft, and rent for AED 60,000 to 160,000 a year. 2709's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Sep 20261,720,000
9 Jul 20262,000,000
30 Mar 20262,000,000
3 Mar 20262,000,000
12 1-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

2709, Cayan Tower in numbers

  • Sold twice: first on 14 April 2009 for AED 1,048,140, last on 3 October 2013 for AED 1,048,140 (AED 1,197 per sqft).
  • Rented since October 2013 on 4 Ejari contracts, from AED 120,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2013 price is 10.5%, before a service charge of about AED 18,800 a year (AED 21.43 per sqft).
  • One-beds in Cayan Tower sold for AED 1,720,000–3,400,000 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 5 November 2017.

Questions about 2709, Cayan Tower

What did unit 2709 last sell for?

AED 1,048,140 on 3 October 2013: AED 1,197 per sqft for 875 sqft. The unit has 2 registered sales; the first was AED 1,048,140 in April 2009.

What is the rent for unit 2709?

AED 110,000 a year on the contract signed on 5 November 2017. The previous contract, from October 2016, was AED 115,000; the unit has been rented since October 2013.

How big is unit 2709?

875 sqft (81.3 sqm): a one-bedroom apartment on the 27th floor of a 73-storey tower completed in 2013.

What is unit 2709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Cayan Tower sold for AED 1,720,000 to 3,400,000 in the last 12 months, around AED 2,348 per sqft.

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Mortgage on 2709, Cayan Tower

Starts from the last sale price (AED 1.05M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,048,140
Deposit, UAE resident (20%)
AED 209,628
Deposit, non-resident (40%)
AED 419,256
Monthly over 25 years at 3.7%
AED 4,288

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