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2-bed · 1,376 sqftCayan Tower, Dubai Marina · 46th floor · completed 2013

4608, Cayan Tower

Sold prices and rental history: sold once, by the developer in March 2014, and rented once, from May 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4608 · DLD and Ejari recordsUpdated 22 May 2014
Last soldAED 3.2M30 March 2014
Current rentAED 185K /yr22 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4608, Cayan Tower

What is 4608 worth today?

Last sold for AED 3,200,000 in 2014

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22 May 2014RentedNew contract
AED 185,000/yr12 months · AED 134 per sqft
30 Mar 2014Sold by developerReady
AED 3,200,000AED 2,325 per sqft

Source: Dubai Land Department. Updated 22 May 2014.

Key facts

Type
2-bed apartment
Size
1,376 sqft
Floor
46th of 73
Parking
P2-462
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 29,500 /yr
Last sold
AED 3.2M · March 2014
Building
Cayan Tower

About 4608, Cayan Tower

4608 is a two-bedroom apartment of 1,376 sqft on the 46th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. The developer sold it on 30 March 2014 for AED 3,200,000, or AED 2,325 per sqft, 71% above the AED 1,362 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 May 2014. The current contract, signed on 22 May 2014, is AED 185,000 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 29,500 a year.

Sales and rents for 4608 over time

Sales
Unit 4608, 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, March 2014: AED 3,200,000 (AED 2,325 per sqft)

4608 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4608, 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, May 2014: AED 185,000 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 4608 sits

All 205 2-beds →

4608 last sold in March 2014 at AED 2,325 per sqft, 71% above what two-beds in Cayan Tower were fetching at the time (AED 1,362). 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. 4608's AED 185,000 is in the upper 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
46032-bedAED 3.15M · Jul 2024
46041-bedAED 1.55M · May 2022
46052-bedAED 3.35M · Jun 2014
46061-bedAED 2M · Jun 2014
46071-bedAED 1.88M · Jul 2024
1–7 of 8

4608, Cayan Tower in numbers

  • Sold once: by Cayan Real Estate Investment & Development on 30 March 2014 for AED 3,200,000, or AED 2,325 per sqft.
  • Rented since May 2014 on one Ejari contract, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2014 price is 5.8%, 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 22 May 2014.

Questions about 4608, Cayan Tower

What did unit 4608 last sell for?

AED 3,200,000 on 30 March 2014, sold by the developer: AED 2,325 per sqft for 1,376 sqft. It is the only registered sale of the unit.

What is the rent for unit 4608?

AED 185,000 a year on the contract signed on 22 May 2014.

How big is unit 4608?

1,376 sqft (127.8 sqm): a two-bedroom apartment on the 46th floor of a 73-storey tower completed in 2013.

What is unit 4608 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 4608, Cayan Tower

Starts from the last sale price (AED 3.2M, 30 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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