3-bed · 1,813 sqftCayan Tower, Dubai Marina · 50th floor · completed 2013

5005, Cayan Tower

Sold prices and rental history: sold 3 times, last in November 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5005 · DLD and Ejari recordsUpdated 18 July 2020
Last soldAED 2.78M21 November 2013
Current rentAED 120K /yr18 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5005, Cayan Tower

What is 5005 worth today?

Last sold for AED 2,784,780 in 2013

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18 Jul 2020RentedNew contract
AED 120,000/yr12 months · AED 66 per sqft
25 Jan 2019RentedNew contract
AED 178,000/yr12 months · AED 98 per sqft
22 Aug 2017RentedRenewal
AED 230,000/yr12 months · AED 127 per sqft
22 Aug 2016RentedNew contract
AED 240,000/yr12 months · AED 133 per sqft
21 Nov 2013SoldReady
AED 2,784,780AED 1,535 per sqft
12 Jul 2012SoldOff-plan
AED 2,784,780AED 1,535 per sqft
15 Apr 2009Sold by developerOff-plan
AED 2,784,780AED 1,535 per sqft

Source: Dubai Land Department. Updated 18 July 2020.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
50th of 73
Parking
G-343 , G-344
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 38,900 /yr
Last sold
AED 2.78M · November 2013
Building
Cayan Tower

About 5005, Cayan Tower

5005 is a three-bedroom apartment of 1,813 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 21 November 2013 for AED 2,784,780, or AED 1,535 per sqft, 42% above the AED 1,080 three-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 18 July 2020, is AED 120,000 a year: a gross yield of 4.3% on the 2013 price, before the service charge of about AED 38,900 a year.

Sales and rents for 5005 over time

Sales
Unit 5005, 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 2,784,780 (AED 1,535 per sqft)Sold, July 2012: AED 2,784,780 (AED 1,535 per sqft)Sold, November 2013: AED 2,784,780 (AED 1,535 per sqft)

5005 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5005, 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, August 2016: AED 240,000 a yearRenewal, August 2017: AED 230,000 a yearNew contract, January 2019: AED 178,000 a yearNew contract, July 2020: AED 120,000 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 5005 sits

All 24 3-beds →

5005 last sold in November 2013 at AED 1,535 per sqft, 42% above what three-beds in Cayan Tower were fetching at the time (AED 1,080). 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. 5005's AED 120,000 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 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
50043-bedAED 3.8M · Mar 2024
50063-bedAED 3.23M · Nov 2025

5005, Cayan Tower in numbers

  • Sold 3 times: first on 15 April 2009 for AED 2,784,780, last on 21 November 2013 for AED 2,784,780 (AED 1,535 per sqft).
  • Rented since August 2016 on 4 Ejari contracts, from AED 240,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2013 price is 4.3%, before a service charge of about AED 38,900 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 18 July 2020.

Questions about 5005, Cayan Tower

What did unit 5005 last sell for?

AED 2,784,780 on 21 November 2013: AED 1,535 per sqft for 1,813 sqft. The unit has 3 registered sales; the first was AED 2,784,780 in April 2009.

What is the rent for unit 5005?

AED 120,000 a year on the contract signed on 18 July 2020. The previous contract, from January 2019, was AED 178,000; the unit has been rented since August 2016.

How big is unit 5005?

1,813 sqft (168.4 sqm): a three-bedroom apartment on the 50th floor of a 73-storey tower completed in 2013.

What is unit 5005 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 5005, Cayan Tower

Starts from the last sale price (AED 2.78M, 21 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,784,780
Deposit, UAE resident (20%)
AED 556,956
Deposit, non-resident (40%)
AED 1,113,912
Monthly over 25 years at 3.7%
AED 11,393

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