2-bed · 1,372 sqftCayan Tower, Dubai Marina · 30th floor · completed 2013

3005, Cayan Tower

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

Unit 3005 · DLD and Ejari recordsUpdated 1 December 2020
Last soldAED 1.87M21 November 2013
Current rentAED 100K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3005, Cayan Tower

What is 3005 worth today?

Last sold for AED 1,870,560 in 2013

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1 Dec 2020RentedNew contract
AED 100,000/yr12 months · AED 73 per sqft
31 Mar 2019RentedNew contract
AED 140,000/yr12 months · AED 102 per sqft
1 Oct 2018RentedRenewal
AED 180,000/yr3 months · AED 131 per sqft
1 Oct 2017RentedRenewal
AED 180,000/yr12 months · AED 131 per sqft
26 Oct 2016RentedNew contract
AED 180,000/yr11 months · AED 131 per sqft
26 Oct 2015RentedRenewal
AED 180,000/yr12 months · AED 131 per sqft
26 Oct 2014RentedNew contract
AED 180,000/yr12 months · AED 131 per sqft
21 Nov 2013SoldReady
AED 1,870,560AED 1,362 per sqft

Source: Dubai Land Department. Updated 1 December 2020.

Key facts

Type
2-bed apartment
Size
1,372 sqft
Floor
30th of 73
Parking
B2-226
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 29,400 /yr
Last sold
AED 1.87M · November 2013
Building
Cayan Tower

About 3005, Cayan Tower

3005 is a two-bedroom apartment of 1,372 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 21 November 2013 for AED 1,870,560, or AED 1,362 per sqft, in line with the AED 1,325 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 December 2020, is AED 100,000 a year: a gross yield of 5.3% on the 2013 price, before the service charge of about AED 29,400 a year.

Sales and rents for 3005 over time

Sales
Unit 3005, 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 1,870,560 (AED 1,362 per sqft)Sold, October 2012: AED 1,900,000 (AED 1,384 per sqft)Sold, November 2013: AED 1,870,560 (AED 1,362 per sqft)

3005 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3005, 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, September 2013: AED 180,000 a yearNew contract, October 2014: AED 180,000 a yearRenewal, October 2015: AED 180,000 a yearNew contract, October 2016: AED 180,000 a yearRenewal, October 2017: AED 180,000 a yearRenewal, October 2018: AED 180,000 a yearNew contract, March 2019: AED 140,000 a yearNew contract, December 2020: AED 100,000 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 3005 sits

All 205 2-beds →

3005 last sold in November 2013 at AED 1,362 per sqft, in line with what two-beds in Cayan Tower were fetching at the time (AED 1,325). 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. 3005's AED 100,000 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 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
30041-bedAED 1.9M · Nov 2017
30061-bedAED 1.13M · Mar 2014
30071-bedAED 1.87M · May 2023
30082-bedAED 1.45M · Feb 2021
1–7 of 8

3005, Cayan Tower in numbers

  • Sold 3 times: first on 16 April 2009 for AED 1,870,560, last on 21 November 2013 for AED 1,870,560 (AED 1,362 per sqft).
  • Rented since September 2013 on 8 Ejari contracts, from AED 180,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2013 price is 5.3%, 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 1 December 2020.

Questions about 3005, Cayan Tower

What did unit 3005 last sell for?

AED 1,870,560 on 21 November 2013: AED 1,362 per sqft for 1,372 sqft. The unit has 3 registered sales; the first was AED 1,870,560 in April 2009.

What is the rent for unit 3005?

AED 100,000 a year on the contract signed on 1 December 2020. The previous contract, from March 2019, was AED 140,000; the unit has been rented since September 2013.

How big is unit 3005?

1,372 sqft (127.5 sqm): a two-bedroom apartment on the 30th floor of a 73-storey tower completed in 2013.

What is unit 3005 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 3005, Cayan Tower

Starts from the last sale price (AED 1.87M, 21 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,870,560
Deposit, UAE resident (20%)
AED 374,112
Deposit, non-resident (40%)
AED 748,224
Monthly over 25 years at 3.7%
AED 7,653

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