1-bed · 1,014 sqftCayan Tower, Dubai Marina · 5th floor · completed 2013

502, Cayan Tower

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

Unit 502 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 1.08M3 October 2013
Current rentAED 110K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Cayan Tower

What is 502 worth today?

Last sold for AED 1,083,000 in 2013

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20 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 108 per sqft
20 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 108 per sqft
8 Oct 2023RentedRenewal
AED 118,000/yr12 months · AED 117 per sqft
8 Oct 2022RentedRenewal
AED 105,000/yr12 months · AED 104 per sqft
8 Oct 2021RentedNew contract
AED 85,450/yr12 months · AED 84 per sqft
2 Sep 2020RentedNew contract
AED 70,000/yr12 months · AED 69 per sqft
15 Jun 2019RentedRenewal
AED 98,500/yr12 months · AED 97 per sqft
15 Jun 2018RentedNew contract
AED 106,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
1-bed apartment
Size
1,014 sqft
Floor
5th of 73
Parking
B6-002
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 21,700 /yr
Last sold
AED 1.08M · October 2013
Building
Cayan Tower

About 502, Cayan Tower

502 is a one-bedroom apartment of 1,014 sqft on the 5th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 3 October 2013 for AED 1,083,000, or AED 1,068 per sqft, 22% below the AED 1,374 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 20 October 2024, is AED 110,000 a year: a gross yield of 10.2% on the 2013 price, before the service charge of about AED 21,700 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Cayan Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,020,600; 2010 AED 1,067,731; 2011 AED 953,403; 2012 AED 1,047,985; 2013 AED 1,080,734; 2014 AED 1,750,000; 2015 AED 1,925,000; 2016 AED 1,750,000; 2017 AED 1,800,000; 2018 AED 1,500,000; 2019 AED 1,240,000; 2020 AED 950,000; 2021 AED 1,200,000; 2022 AED 1,450,000; 2023 AED 1,867,500; 2024 AED 1,862,500; 2025 AED 2,000,000; 2026 AED 2,000,000Sold by developer, April 2009: AED 1,083,000 (AED 1,068 per sqft)Sold, October 2013: AED 1,083,000 (AED 1,068 per sqft)

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

Rents
Unit 502, each contractTypical one-bed in Cayan Tower
100K2013201720212025Typical rent by year: 2013 AED 120,000; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 113,846; 2018 AED 101,500; 2019 AED 90,050; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 90,000; 2023 AED 116,600; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 119,000New contract, November 2013: AED 130,000 a yearNew contract, December 2015: AED 130,000 a yearRenewal, December 2016: AED 130,002 a yearNew contract, June 2017: AED 130,350 a yearNew contract, June 2018: AED 106,000 a yearRenewal, June 2019: AED 98,500 a yearNew contract, September 2020: AED 70,000 a yearNew contract, October 2021: AED 85,450 a yearRenewal, October 2022: AED 105,000 a yearRenewal, October 2023: AED 118,000 a yearNew contract, October 2024: AED 110,000 a yearNew contract, October 2024: AED 110,000 a year

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

1-beds in Cayan Tower, and where 502 sits

All 171 1-beds →

502 last sold in October 2013 at AED 1,068 per sqft, 22% below what one-beds in Cayan Tower were fetching at the time (AED 1,374). Over the last 12 months one-beds sold for AED 1,720,000 to 3,400,000, around AED 2,348 per sqft, and rent for AED 60,000 to 160,000 a year. 502's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Sep 20261,720,000
9 Jul 20262,000,000
30 Mar 20262,000,000
3 Mar 20262,000,000
12 1-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 5th floor

All 495 units in Cayan Tower
Value
501StudioAED 694K · Oct 2013
503StudioAED 685K · Oct 2013
504StudioAED 1.42M · Oct 2024
5051-bedAED 1.1M · Apr 2014
506StudioAED 694K · Oct 2013

502, Cayan Tower in numbers

  • Sold twice: first on 16 April 2009 for AED 1,083,000, last on 3 October 2013 for AED 1,083,000 (AED 1,068 per sqft).
  • Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 130,000 to AED 70,000 in 2020 and recovered to AED 110,000 by October 2024.
  • At AED 110,000 a year the gross yield on the 2013 price is 10.2%, before a service charge of about AED 21,700 a year (AED 21.43 per sqft).
  • One-beds in Cayan Tower sold for AED 1,720,000–3,400,000 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 20 October 2024.

Questions about 502, Cayan Tower

What did unit 502 last sell for?

AED 1,083,000 on 3 October 2013: AED 1,068 per sqft for 1,014 sqft. The unit has 2 registered sales; the first was AED 1,083,000 in April 2009.

What is the rent for unit 502?

AED 110,000 a year on the contract signed on 20 October 2024. The previous contract, from October 2024, was AED 110,000; the unit has been rented since November 2013.

How big is unit 502?

1,014 sqft (94.2 sqm): a one-bedroom apartment on the 5th floor of a 73-storey tower completed in 2013.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Cayan Tower sold for AED 1,720,000 to 3,400,000 in the last 12 months, around AED 2,348 per sqft.

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Mortgage on 502, Cayan Tower

Starts from the last sale price (AED 1.08M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,083,000
Deposit, UAE resident (20%)
AED 216,600
Deposit, non-resident (40%)
AED 433,200
Monthly over 25 years at 3.7%
AED 4,431

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