3-bed · 1,821 sqftCayan Tower, Dubai Marina · 50th floor · completed 2013

5004, Cayan Tower

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

Unit 5004 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 3.8M1 March 2024
Current rentAED 270K /yr26 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5004, Cayan Tower

What is 5004 worth today?

Last sold for AED 3,800,000 in 2024

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1 Mar 2024SoldReady
AED 3,800,000AED 2,087 per sqft
26 Sep 2022RentedNew contract
AED 270,000/yr12 months · AED 148 per sqft
11 Nov 2021RentedNew contract
AED 190,000/yr12 months · AED 104 per sqft
15 Jan 2021RentedNew contract
AED 160,000/yr12 months · AED 88 per sqft
26 Jun 2020RentedRenewal
AED 188,960/yr3 months · AED 104 per sqft
26 Jun 2019RentedNew contract
AED 190,000/yr12 months · AED 104 per sqft
30 Jan 2017RentedRenewal
AED 300,000/yr12 months · AED 165 per sqft
30 Jan 2016RentedNew contract
AED 300,000/yr12 months · AED 165 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
3-bed apartment
Size
1,821 sqft
Floor
50th of 73
Parking
P5-602 , P5-603
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 39,000 /yr
Last sold
AED 3.8M · March 2024
Building
Cayan Tower

About 5004, Cayan Tower

5004 is a three-bedroom apartment of 1,821 sqft on the 50th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 1 March 2024 for AED 3,800,000, or AED 2,087 per sqft, 14% above the AED 1,835 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 26 September 2022, is AED 270,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 39,000 a year.

Sales and rents for 5004 over time

Sales
Unit 5004, each saleTypical three-bed in Cayan Tower
2M3M4M2009201320172021Typical 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 3,248,910 (AED 1,784 per sqft)Sold, October 2013: AED 3,248,910 (AED 1,784 per sqft)Sold, March 2024: AED 3,800,000 (AED 2,087 per sqft)

5004 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5004, each contractTypical three-bed in Cayan Tower
100K200K300K2014201820222026Typical 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, January 2016: AED 300,000 a yearRenewal, January 2017: AED 300,000 a yearNew contract, June 2019: AED 190,000 a yearRenewal, June 2020: AED 188,960 a yearNew contract, January 2021: AED 160,000 a yearNew contract, November 2021: AED 190,000 a yearNew contract, September 2022: AED 270,000 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 5004 sits

All 24 3-beds →

5004 last sold in March 2024 at AED 2,087 per sqft, 14% above what three-beds in Cayan Tower were fetching at the time (AED 1,835). 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. 5004's AED 270,000 is at the top 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 50th floor

All 495 units in Cayan Tower
Value
50013-bedAED 1.87M · Oct 2013
50023-bedAED 2.35M · Mar 2022
50033-bedAED 1.71M · Oct 2013
50053-bedAED 2.78M · Nov 2013
50063-bedAED 3.23M · Nov 2025

5004, Cayan Tower in numbers

  • Sold 3 times: first on 16 April 2009 for AED 3,248,910, last on 1 March 2024 for AED 3,800,000 (AED 2,087 per sqft).
  • Rented since January 2016 on 7 Ejari contracts. The rent fell from AED 300,000 to AED 160,000 in 2021 and recovered to AED 270,000 by September 2022.
  • At AED 270,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 39,000 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 1 March 2024.

Questions about 5004, Cayan Tower

What did unit 5004 last sell for?

AED 3,800,000 on 1 March 2024: AED 2,087 per sqft for 1,821 sqft. The unit has 3 registered sales; the first was AED 3,248,910 in April 2009.

What is the rent for unit 5004?

AED 270,000 a year on the contract signed on 26 September 2022. The previous contract, from November 2021, was AED 190,000; the unit has been rented since January 2016.

How big is unit 5004?

1,821 sqft (169.2 sqm): a three-bedroom apartment on the 50th floor of a 73-storey tower completed in 2013.

What is unit 5004 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 5004, Cayan Tower

Starts from the last sale price (AED 3.8M, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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