2-bed · 1,525 sqftCayan Tower, Dubai Marina · 47th floor · completed 2013

4701, Cayan Tower

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4701 · DLD and Ejari recordsUpdated 21 August 2024
Last soldAED 3M21 August 2024
Current rentAED 115K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4701, Cayan Tower

What is 4701 worth today?

Last sold for AED 3,000,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Aug 2024SoldReady
AED 3,000,000AED 1,966 per sqft
1 Oct 2021RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
15 Sep 2020RentedNew contract
AED 105,000/yr12 months · AED 69 per sqft
18 Jul 2019SoldReady
AED 1,900,000AED 1,245 per sqft
13 Dec 2018RentedNew contract
AED 130,000/yr12 months · AED 85 per sqft
13 Nov 2016RentedNew contract
AED 175,000/yr12 months · AED 114 per sqft
23 Jun 2014Sold by developerReady
AED 3,400,000AED 2,228 per sqft

Source: Dubai Land Department. Updated 21 August 2024.

Key facts

Type
2-bed apartment
Size
1,525 sqft
Floor
47th of 73
Parking
P2-464
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 32,700 /yr
Last sold
AED 3M · August 2024
Building
Cayan Tower

About 4701, Cayan Tower

4701 is a two-bedroom apartment of 1,525 sqft on the 47th 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 August 2024 for AED 3,000,000, or AED 1,966 per sqft, 8% above the AED 1,827 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 October 2021, is AED 115,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 32,700 a year.

Sales and rents for 4701 over time

Sales
Unit 4701, 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, June 2014: AED 3,400,000 (AED 2,228 per sqft)Sold, July 2019: AED 1,900,000 (AED 1,245 per sqft)Sold, August 2024: AED 3,000,000 (AED 1,966 per sqft)

4701 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4701, 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, November 2016: AED 175,000 a yearNew contract, December 2018: AED 130,000 a yearNew contract, September 2020: AED 105,000 a yearNew contract, October 2021: AED 115,000 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 4701 sits

All 205 2-beds →

4701 last sold in August 2024 at AED 1,966 per sqft, 8% above what two-beds in Cayan Tower were fetching at the time (AED 1,827). 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. 4701's AED 115,000 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 47th floor

All 495 units in Cayan Tower
Value
47022-bedAED 2.35M · Mar 2023
47032-bedAED 3.5M · Sep 2014
47041-bedAED 2.25M · Apr 2014
47052-bedAED 3.36M · Jun 2014
47061-bedAED 1.83M · Jul 2025
47071-bedAED 2.05M · Jan 2015
47082-bedAED 3M · May 2017
1–7 of 8

4701, Cayan Tower in numbers

  • Sold 3 times: first on 23 June 2014 for AED 3,400,000, last on 21 August 2024 for AED 3,000,000 (AED 1,966 per sqft).
  • Rented since November 2016 on 4 Ejari contracts, from AED 175,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 32,700 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 21 August 2024.

Questions about 4701, Cayan Tower

What did unit 4701 last sell for?

AED 3,000,000 on 21 August 2024: AED 1,966 per sqft for 1,525 sqft. The unit has 3 registered sales; the first was AED 3,400,000 in June 2014.

What is the rent for unit 4701?

AED 115,000 a year on the contract signed on 1 October 2021. The previous contract, from September 2020, was AED 105,000; the unit has been rented since November 2016.

How big is unit 4701?

1,525 sqft (141.7 sqm): a two-bedroom apartment on the 47th floor of a 73-storey tower completed in 2013.

What is unit 4701 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.

Selling 4701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4701, Cayan Tower

Starts from the last sale price (AED 3M, 21 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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