2-bed · 1,376 sqftCayan Tower, Dubai Marina · 39th floor · completed 2013

3908, Cayan Tower

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3908 · DLD and Ejari recordsUpdated 5 July 2023
Last soldAED 2.4M5 July 2023
Current rentAED 150K /yr31 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3908, Cayan Tower

What is 3908 worth today?

Last sold for AED 2,400,000 in 2023

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5 Jul 2023SoldReady
AED 2,400,000AED 1,743 per sqft
8 Oct 2020SoldReady
AED 1,175,000AED 853 per sqft
31 Dec 2019RentedRenewal
AED 150,000/yr12 months · AED 109 per sqft
31 Dec 2018RentedRenewal
AED 150,000/yr12 months · AED 109 per sqft
31 Dec 2017RentedRenewal
AED 190,000/yr12 months · AED 138 per sqft
31 Dec 2016RentedRenewal
AED 190,000/yr12 months · AED 138 per sqft
31 Dec 2015RentedRenewal
AED 190,000/yr12 months · AED 138 per sqft
31 Dec 2014RentedNew contract
AED 190,000/yr12 months · AED 138 per sqft

Source: Dubai Land Department. Updated 5 July 2023.

Key facts

Type
2-bed apartment
Size
1,376 sqft
Floor
39th of 73
Parking
B2-259
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 29,500 /yr
Last sold
AED 2.4M · July 2023
Building
Cayan Tower

About 3908, Cayan Tower

3908 is a two-bedroom apartment of 1,376 sqft on the 39th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 5 July 2023 for AED 2,400,000, or AED 1,743 per sqft, 10% above the AED 1,590 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 31 December 2019, is AED 150,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 29,500 a year.

Sales and rents for 3908 over time

Sales
Unit 3908, 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 2,611,620 (AED 1,897 per sqft)Sold, October 2013: AED 2,611,620 (AED 1,897 per sqft)Sold, October 2020: AED 1,175,000 (AED 853 per sqft)Sold, July 2023: AED 2,400,000 (AED 1,743 per sqft)

3908 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3908, 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, December 2013: AED 190,000 a yearNew contract, December 2014: AED 190,000 a yearRenewal, December 2015: AED 190,000 a yearRenewal, December 2016: AED 190,000 a yearRenewal, December 2017: AED 190,000 a yearRenewal, December 2018: AED 150,000 a yearRenewal, December 2019: AED 150,000 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 3908 sits

All 205 2-beds →

3908 last sold in July 2023 at AED 1,743 per sqft, 10% above what two-beds in Cayan Tower were fetching at the time (AED 1,590). 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. 3908's AED 150,000 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 39th floor

All 495 units in Cayan Tower
Value
39012-bedAED 2.16M · Jun 2014
39022-bedAED 2.35M · Apr 2023
39032-bedAED 1.76M · Oct 2013
39041-bedAED 1.2M · Jan 2019
39052-bedAED 2.05M · Apr 2019
39061-bedAED 1.43M · Oct 2013
39071-bedAED 1.55M · Feb 2015
1–7 of 8

3908, Cayan Tower in numbers

  • Sold 4 times: first on 15 April 2009 for AED 2,611,620, last on 5 July 2023 for AED 2,400,000 (AED 1,743 per sqft).
  • Rented since December 2013 on 7 Ejari contracts, from AED 190,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 6.3%, 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 5 July 2023.

Questions about 3908, Cayan Tower

What did unit 3908 last sell for?

AED 2,400,000 on 5 July 2023: AED 1,743 per sqft for 1,376 sqft. The unit has 4 registered sales; the first was AED 2,611,620 in April 2009.

What is the rent for unit 3908?

AED 150,000 a year on the contract renewed on 31 December 2019. The previous contract, from December 2018, was AED 150,000; the unit has been rented since December 2013.

How big is unit 3908?

1,376 sqft (127.8 sqm): a two-bedroom apartment on the 39th floor of a 73-storey tower completed in 2013.

What is unit 3908 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 3908, Cayan Tower

Starts from the last sale price (AED 2.4M, 5 July 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 →