3-bed · 1,647 sqftCayan Tower, Dubai Marina · 52nd floor · completed 2013

5203, Cayan Tower

Sold prices and rental history: sold once, by the developer in May 2015, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5203 · DLD and Ejari recordsUpdated 5 March 2019
Last soldAED 1.71M10 May 2015
Current rentAED 160K /yr5 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5203, Cayan Tower

What is 5203 worth today?

Last sold for AED 1,706,536 in 2015

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5 Mar 2019RentedRenewal
AED 160,000/yr12 months · AED 97 per sqft
5 Mar 2018RentedNew contract
AED 175,000/yr12 months · AED 106 per sqft
1 Nov 2015RentedNew contract
AED 190,000/yr12 months · AED 115 per sqft
10 May 2015Sold by developerReady
AED 1,706,536AED 1,036 per sqft

Source: Dubai Land Department. Updated 5 March 2019.

Key facts

Type
3-bed apartment
Size
1,647 sqft
Floor
52nd of 73
Parking
B1-284 , B1-285
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 35,300 /yr
Last sold
AED 1.71M · May 2015
Building
Cayan Tower

About 5203, Cayan Tower

5203 is a three-bedroom apartment of 1,647 sqft on the 52nd floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. The developer sold it on 10 May 2015 for AED 1,706,536, or AED 1,036 per sqft, 42% below the AED 1,791 three-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 5 March 2019, is AED 160,000 a year: a gross yield of 9.4% on the 2015 price, before the service charge of about AED 35,300 a year.

Sales and rents for 5203 over time

Sales
Unit 5203, 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, May 2015: AED 1,706,536 (AED 1,036 per sqft)

5203 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5203, each contractTypical three-bed in Cayan Tower
150K200K2014201820222026Typical 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, November 2015: AED 190,000 a yearNew contract, March 2018: AED 175,000 a yearRenewal, March 2019: AED 160,000 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 5203 sits

All 24 3-beds →

5203 last sold in May 2015 at AED 1,036 per sqft, 42% below what three-beds in Cayan Tower were fetching at the time (AED 1,791). 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. 5203's AED 160,000 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 52nd floor

All 495 units in Cayan Tower
Value
52013-bedAED 1.87M · Oct 2013
52023-bedAED 2.88M · Jan 2022
52043-bedAED 4.75M · Feb 2015
52053-bedAED 3.45M · Jun 2026
52063-bedAED 1.71M · Oct 2013

5203, Cayan Tower in numbers

  • Sold once: by Cayan Real Estate Investment & Development on 10 May 2015 for AED 1,706,536, or AED 1,036 per sqft.
  • Rented since November 2015 on 3 Ejari contracts, from AED 190,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2015 price is 9.4%, before a service charge of about AED 35,300 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 5 March 2019.

Questions about 5203, Cayan Tower

What did unit 5203 last sell for?

AED 1,706,536 on 10 May 2015, sold by the developer: AED 1,036 per sqft for 1,647 sqft. It is the only registered sale of the unit.

What is the rent for unit 5203?

AED 160,000 a year on the contract renewed on 5 March 2019. The previous contract, from March 2018, was AED 175,000; the unit has been rented since November 2015.

How big is unit 5203?

1,647 sqft (153.0 sqm): a three-bedroom apartment on the 52nd floor of a 73-storey tower completed in 2013.

What is unit 5203 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 5203, Cayan Tower

Starts from the last sale price (AED 1.71M, 10 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,706,536
Deposit, UAE resident (20%)
AED 341,307
Deposit, non-resident (40%)
AED 682,614
Monthly over 25 years at 3.7%
AED 6,982

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