3-bed · 1,736 sqftCayan Tower, Dubai Marina · 49th floor · completed 2013

4902, Cayan Tower

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4902 · DLD and Ejari recordsUpdated 28 July 2023
Last soldAED 2.5M28 July 2023
Current rentAED 180K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4902, Cayan Tower

What is 4902 worth today?

Last sold for AED 2,500,000 in 2023

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28 Jul 2023SoldReady
AED 2,500,000AED 1,439 per sqft
15 Feb 2023RentedNew contract
AED 180,000/yr12 months · AED 104 per sqft
10 Jan 2022RentedRenewal
AED 116,769/yr12 months · AED 67 per sqft
10 Dec 2020RentedNew contract
AED 101,538/yr13 months · AED 58 per sqft
22 May 2017RentedNew contract
AED 229,000/yr12 months · AED 132 per sqft
22 May 2014RentedNew contract
AED 215,000/yr12 months · AED 124 per sqft
3 Oct 2013SoldReady
AED 2,325,780AED 1,339 per sqft
16 Apr 2009Sold by developerOff-plan
AED 2,325,780AED 1,339 per sqft

Source: Dubai Land Department. Updated 28 July 2023.

Key facts

Type
3-bed apartment
Size
1,736 sqft
Floor
49th of 73
Parking
P1-408 , P1-410
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 37,200 /yr
Last sold
AED 2.5M · July 2023
Building
Cayan Tower

About 4902, Cayan Tower

4902 is a three-bedroom apartment of 1,736 sqft on the 49th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 28 July 2023 for AED 2,500,000, or AED 1,439 per sqft, 5% below the AED 1,508 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 15 February 2023, is AED 180,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 37,200 a year.

Sales and rents for 4902 over time

Sales
Unit 4902, each saleTypical three-bed in Cayan Tower
2M3M2009201320172021Typical sale price by year: 2009 AED 3,016,845; 2012 AED 1,872,585; 2013 AED 1,872,562; 2014 AED 3,326,265; 2015 AED 3,397,100; 2022 AED 2,860,742; 2023 AED 3,320,000Sold by developer, April 2009: AED 2,325,780 (AED 1,339 per sqft)Sold, October 2013: AED 2,325,780 (AED 1,339 per sqft)Sold, July 2023: AED 2,500,000 (AED 1,439 per sqft)

4902 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4902, each contractTypical three-bed in Cayan Tower
100K200K2014201820222026Typical rent by year: 2014 AED 215,000; 2015 AED 212,500; 2016 AED 220,000; 2017 AED 200,000; 2018 AED 190,000; 2019 AED 190,000; 2020 AED 130,000; 2021 AED 120,000; 2022 AED 128,250; 2023 AED 175,000; 2024 AED 175,000; 2025 AED 200,000; 2026 AED 203,217New contract, May 2014: AED 215,000 a yearNew contract, May 2017: AED 229,000 a yearNew contract, December 2020: AED 101,538 a yearRenewal, January 2022: AED 116,769 a yearNew contract, February 2023: AED 180,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Cayan Tower, and where 4902 sits

All 24 3-beds →

4902 last sold in July 2023 at AED 1,439 per sqft, 5% below what three-beds in Cayan Tower were fetching at the time (AED 1,508). Over the last 12 months three-beds sold for AED 3,225,000 to 3,725,000, around AED 1,941 per sqft, and rent for AED 189,000 to 218,500 a year. 4902's AED 180,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Jun 20263,452,382
21 Nov 20253,225,000
12 Nov 20253,725,000
2 Oct 20243,350,000
3 3-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 49th floor

All 495 units in Cayan Tower
Value
49013-bedAED 4M · Apr 2014
49033-bedAED 3.35M · Oct 2024
49043-bedAED 3.32M · Jun 2023
49053-bedAED 3.35M · Nov 2023
49063-bedAED 1.38M · Sep 2022

4902, Cayan Tower in numbers

  • Sold 3 times: first on 16 April 2009 for AED 2,325,780, last on 28 July 2023 for AED 2,500,000 (AED 1,439 per sqft).
  • Rented since May 2014 on 5 Ejari contracts. The rent fell from AED 215,000 to AED 101,538 in 2020 and recovered to AED 180,000 by February 2023.
  • At AED 180,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 37,200 a year (AED 21.43 per sqft).
  • Three-beds in Cayan Tower sold for AED 3,225,000–3,725,000 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 28 July 2023.

Questions about 4902, Cayan Tower

What did unit 4902 last sell for?

AED 2,500,000 on 28 July 2023: AED 1,439 per sqft for 1,736 sqft. The unit has 3 registered sales; the first was AED 2,325,780 in April 2009.

What is the rent for unit 4902?

AED 180,000 a year on the contract signed on 15 February 2023. The previous contract, from January 2022, was AED 116,769; the unit has been rented since May 2014.

How big is unit 4902?

1,736 sqft (161.3 sqm): a three-bedroom apartment on the 49th floor of a 73-storey tower completed in 2013.

What is unit 4902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Cayan Tower sold for AED 3,225,000 to 3,725,000 in the last 12 months, around AED 1,941 per sqft.

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Mortgage on 4902, Cayan Tower

Starts from the last sale price (AED 2.5M, 28 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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