2-bed · 1,521 sqftCayan Tower, Dubai Marina · 46th floor · completed 2013

4603, Cayan Tower

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4603 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 3.15M18 July 2024
Current rentAED 123K /yr5 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4603, Cayan Tower

What is 4603 worth today?

Last sold for AED 3,150,000 in 2024

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18 Jul 2024SoldReady
AED 3,150,000AED 2,070 per sqft
5 Sep 2022RentedNew contract
AED 122,500/yr12 months · AED 81 per sqft
5 Sep 2021RentedNew contract
AED 122,000/yr12 months · AED 80 per sqft
4 Sep 2020RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
15 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 79 per sqft
1 Nov 2018RentedRenewal
AED 150,000/yr6 months · AED 99 per sqft
1 Oct 2018RentedRenewal
AED 160,200/yr1 months · AED 106 per sqft
1 Oct 2017RentedNew contract
AED 160,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
2-bed apartment
Size
1,521 sqft
Floor
46th of 73
Parking
P2-457
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 32,600 /yr
Last sold
AED 3.15M · July 2024
Building
Cayan Tower

About 4603, Cayan Tower

4603 is a two-bedroom apartment of 1,521 sqft on the 46th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 18 July 2024 for AED 3,150,000, or AED 2,070 per sqft, 15% above the AED 1,807 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 5 September 2022, is AED 122,500 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 32,600 a year.

Sales and rents for 4603 over time

Sales
Unit 4603, 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 2015: AED 3,200,000 (AED 2,103 per sqft)Sold, July 2024: AED 3,150,000 (AED 2,070 per sqft)

4603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4603, 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, October 2017: AED 160,000 a yearRenewal, October 2018: AED 160,200 a yearRenewal, November 2018: AED 150,000 a yearNew contract, August 2019: AED 120,000 a yearNew contract, September 2020: AED 95,000 a yearNew contract, September 2021: AED 122,000 a yearNew contract, September 2022: AED 122,500 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 4603 sits

All 205 2-beds →

4603 last sold in July 2024 at AED 2,070 per sqft, 15% above what two-beds in Cayan Tower were fetching at the time (AED 1,807). 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. 4603's AED 122,500 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 46th floor

All 495 units in Cayan Tower
Value
46012-bedAED 3.36M · Mar 2015
46022-bedAED 2.8M · Mar 2015
46041-bedAED 1.55M · May 2022
46052-bedAED 3.35M · Jun 2014
46061-bedAED 2M · Jun 2014
46071-bedAED 1.88M · Jul 2024
46082-bedAED 3.2M · Mar 2014
1–7 of 8

4603, Cayan Tower in numbers

  • Sold twice: first on 11 May 2015 for AED 3,200,000, last on 18 July 2024 for AED 3,150,000 (AED 2,070 per sqft).
  • Rented since October 2017 on 7 Ejari contracts. The rent fell from AED 160,000 to AED 95,000 in 2020 and recovered to AED 122,500 by September 2022.
  • At AED 122,500 a year the gross yield on the 2024 price is 3.9%, before a service charge of about AED 32,600 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 18 July 2024.

Questions about 4603, Cayan Tower

What did unit 4603 last sell for?

AED 3,150,000 on 18 July 2024: AED 2,070 per sqft for 1,521 sqft. The unit has 2 registered sales; the first was AED 3,200,000 in May 2015.

What is the rent for unit 4603?

AED 122,500 a year on the contract signed on 5 September 2022. The previous contract, from September 2021, was AED 122,000; the unit has been rented since October 2017.

How big is unit 4603?

1,521 sqft (141.3 sqm): a two-bedroom apartment on the 46th floor of a 73-storey tower completed in 2013.

What is unit 4603 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 4603, Cayan Tower

Starts from the last sale price (AED 3.15M, 18 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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