1-bed · 875 sqftCayan Tower, Dubai Marina · 30th floor · completed 2013

3004, Cayan Tower

Sold prices and rental history: sold 3 times, last in November 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3004 · DLD and Ejari recordsUpdated 15 October 2018
Last soldAED 1.9M22 November 2017
Current rentAED 90K /yr15 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3004, Cayan Tower

What is 3004 worth today?

Last sold for AED 1,900,000 in 2017

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15 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 103 per sqft
22 Nov 2017SoldReady
AED 1,900,000AED 2,171 per sqft
16 Apr 2017RentedRenewal
AED 125,000/yr12 months · AED 143 per sqft
16 Apr 2016RentedRenewal
AED 125,000/yr12 months · AED 143 per sqft
16 Apr 2015RentedNew contract
AED 125,000/yr12 months · AED 143 per sqft
16 Apr 2014RentedNew contract
AED 125,000/yr12 months · AED 143 per sqft
12 Nov 2013SoldReady
AED 1,276,380AED 1,458 per sqft
14 Apr 2009Sold by developerOff-plan
AED 1,276,380AED 1,458 per sqft

Source: Dubai Land Department. Updated 15 October 2018.

Key facts

Type
1-bed apartment
Size
875 sqft
Floor
30th of 73
Parking
B1-289
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 18,800 /yr
Last sold
AED 1.9M · November 2017
Building
Cayan Tower

About 3004, Cayan Tower

3004 is a one-bedroom apartment of 875 sqft on the 30th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 22 November 2017 for AED 1,900,000, or AED 2,171 per sqft, in line with the AED 2,115 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 15 October 2018, is AED 90,000 a year: a gross yield of 4.7% on the 2017 price, before the service charge of about AED 18,800 a year.

Sales and rents for 3004 over time

Sales
Unit 3004, 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 1,276,380 (AED 1,458 per sqft)Sold, November 2013: AED 1,276,380 (AED 1,458 per sqft)Sold, November 2017: AED 1,900,000 (AED 2,171 per sqft)

3004 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3004, 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, April 2014: AED 125,000 a yearNew contract, April 2015: AED 125,000 a yearRenewal, April 2016: AED 125,000 a yearRenewal, April 2017: AED 125,000 a yearNew contract, October 2018: AED 90,000 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 3004 sits

All 171 1-beds →

3004 last sold in November 2017 at AED 2,171 per sqft, in line with what one-beds in Cayan Tower were fetching at the time (AED 2,115). 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. 3004's AED 90,000 is in the lower 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 30th floor

All 495 units in Cayan Tower
Value
30012-bedAED 2.06M · Oct 2013
30022-bedAED 1.95M · Dec 2022
30032-bedAED 2M · Jul 2021
30052-bedAED 1.87M · Nov 2013
30061-bedAED 1.13M · Mar 2014
30071-bedAED 1.87M · May 2023
30082-bedAED 1.45M · Feb 2021
1–7 of 8

3004, Cayan Tower in numbers

  • Sold 3 times: first on 14 April 2009 for AED 1,276,380, last on 22 November 2017 for AED 1,900,000 (AED 2,171 per sqft).
  • Rented since April 2014 on 5 Ejari contracts, from AED 125,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2017 price is 4.7%, 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 15 October 2018.

Questions about 3004, Cayan Tower

What did unit 3004 last sell for?

AED 1,900,000 on 22 November 2017: AED 2,171 per sqft for 875 sqft. The unit has 3 registered sales; the first was AED 1,276,380 in April 2009.

What is the rent for unit 3004?

AED 90,000 a year on the contract signed on 15 October 2018. The previous contract, from April 2017, was AED 125,000; the unit has been rented since April 2014.

How big is unit 3004?

875 sqft (81.3 sqm): a one-bedroom apartment on the 30th floor of a 73-storey tower completed in 2013.

What is unit 3004 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 3004, Cayan Tower

Starts from the last sale price (AED 1.9M, 22 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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