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2-bed · 1,376 sqftCayan Tower, Dubai Marina · 47th floor · completed 2013

4708, Cayan Tower

Sold prices and rental history: sold twice, last in May 2017, and rented once, from June 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4708 · DLD and Ejari recordsUpdated 2 May 2017
Last soldAED 3M2 May 2017
Current rentAED 190K /yr15 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4708, Cayan Tower

What is 4708 worth today?

Last sold for AED 3,000,000 in 2017

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2 May 2017SoldReady
AED 3,000,000AED 2,179 per sqft
15 Jun 2016RentedNew contract
AED 190,000/yr12 months · AED 138 per sqft
12 May 2014Sold by developerReady
AED 3,300,000AED 2,397 per sqft

Source: Dubai Land Department. Updated 2 May 2017.

Key facts

Type
2-bed apartment
Size
1,376 sqft
Floor
47th of 73
Parking
P2-470
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 29,500 /yr
Last sold
AED 3M · May 2017
Building
Cayan Tower

About 4708, Cayan Tower

4708 is a two-bedroom apartment of 1,376 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 2 May 2017 for AED 3,000,000, or AED 2,179 per sqft, 22% above the AED 1,782 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 June 2016. The current contract, signed on 15 June 2016, is AED 190,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 29,500 a year.

Sales and rents for 4708 over time

Sales
Unit 4708, 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 2014: AED 3,300,000 (AED 2,397 per sqft)Sold, May 2017: AED 3,000,000 (AED 2,179 per sqft)

4708 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4708, 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, June 2016: AED 190,000 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 4708 sits

All 205 2-beds →

4708 last sold in May 2017 at AED 2,179 per sqft, 22% above what two-beds in Cayan Tower were fetching at the time (AED 1,782). 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. 4708's AED 190,000 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 47th floor

All 495 units in Cayan Tower
Value
47012-bedAED 3M · Aug 2024
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
1–7 of 8

4708, Cayan Tower in numbers

  • Sold twice: first on 12 May 2014 for AED 3,300,000, last on 2 May 2017 for AED 3,000,000 (AED 2,179 per sqft).
  • Rented since June 2016 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2017 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 2 May 2017.

Questions about 4708, Cayan Tower

What did unit 4708 last sell for?

AED 3,000,000 on 2 May 2017: AED 2,179 per sqft for 1,376 sqft. The unit has 2 registered sales; the first was AED 3,300,000 in May 2014.

What is the rent for unit 4708?

AED 190,000 a year on the contract signed on 15 June 2016.

How big is unit 4708?

1,376 sqft (127.8 sqm): a two-bedroom apartment on the 47th floor of a 73-storey tower completed in 2013.

What is unit 4708 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 4708, Cayan Tower

Starts from the last sale price (AED 3M, 2 May 2017). 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 →