2-bed · 1,255 sqftCayan Tower, Dubai Marina · 45th floor · completed 2013

4502, Cayan Tower

Sold prices and rental history: sold 3 times, last in July 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4502 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 1.95M9 July 2017
Current rentAED 145K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4502, Cayan Tower

What is 4502 worth today?

Last sold for AED 1,950,000 in 2017

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1 Sep 2022RentedNew contract
AED 145,000/yr12 months · AED 115 per sqft
11 Jul 2021RentedNew contract
AED 150,000/yr12 months · AED 119 per sqft
9 Jul 2017SoldReady
AED 1,950,000AED 1,554 per sqft
3 Oct 2013SoldReady
AED 1,723,322AED 1,373 per sqft
3 May 2012Sold by developerOff-plan
AED 1,723,322AED 1,373 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
2-bed apartment
Size
1,255 sqft
Floor
45th of 73
Parking
B3-204
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 26,900 /yr
Last sold
AED 1.95M · July 2017
Building
Cayan Tower

About 4502, Cayan Tower

4502 is a two-bedroom apartment of 1,255 sqft on the 45th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 9 July 2017 for AED 1,950,000, or AED 1,554 per sqft, 13% below the AED 1,780 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 September 2022, is AED 145,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 26,900 a year.

Sales and rents for 4502 over time

Sales
Unit 4502, 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, May 2012: AED 1,723,322 (AED 1,373 per sqft)Sold, October 2013: AED 1,723,322 (AED 1,373 per sqft)Sold, July 2017: AED 1,950,000 (AED 1,554 per sqft)

4502 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4502, 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, July 2021: AED 150,000 a yearNew contract, September 2022: AED 145,000 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 4502 sits

All 205 2-beds →

4502 last sold in July 2017 at AED 1,554 per sqft, 13% below what two-beds in Cayan Tower were fetching at the time (AED 1,780). 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. 4502's AED 145,000 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 45th floor

All 495 units in Cayan Tower
Value
45012-bedAED 3.5M · Jul 2014
45032-bedAED 2M · Apr 2015
45041-bedAED 2.25M · Aug 2014
45052-bedAED 3.4M · Aug 2014
45061-bedAED 2M · Aug 2014
45071-bedAED 1.9M · Dec 2014
45082-bedAED 2.9M · May 2017
1–7 of 8

4502, Cayan Tower in numbers

  • Sold 3 times: first on 3 May 2012 for AED 1,723,322, last on 9 July 2017 for AED 1,950,000 (AED 1,554 per sqft).
  • Rented since July 2021 on 2 Ejari contracts, from AED 150,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2017 price is 7.4%, before a service charge of about AED 26,900 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 2022.

Questions about 4502, Cayan Tower

What did unit 4502 last sell for?

AED 1,950,000 on 9 July 2017: AED 1,554 per sqft for 1,255 sqft. The unit has 3 registered sales; the first was AED 1,723,322 in May 2012.

What is the rent for unit 4502?

AED 145,000 a year on the contract signed on 1 September 2022. The previous contract, from July 2021, was AED 150,000.

How big is unit 4502?

1,255 sqft (116.6 sqm): a two-bedroom apartment on the 45th floor of a 73-storey tower completed in 2013.

What is unit 4502 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 4502, Cayan Tower

Starts from the last sale price (AED 1.95M, 9 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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