Penthouse · 1,650 sqftCayan Tower, Dubai Marina · 55th floor · completed 2013

5507, Cayan Tower

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

Unit 5507 · DLD and Ejari recordsUpdated 24 November 2024
Last soldAED 2.85M26 November 2013
Current rentAED 220K /yr24 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5507, Cayan Tower

What is 5507 worth today?

Last sold for AED 2,846,400 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Nov 2024RentedNew contract
AED 220,000/yr12 months · AED 134 per sqft
24 Nov 2024RentedNew contract
AED 220,000/yr12 months · AED 134 per sqft
30 Aug 2023RentedNew contract
AED 220,000/yr12 months · AED 134 per sqft
16 Jan 2022RentedRenewal
AED 130,000/yr12 months · AED 79 per sqft
16 Jan 2021RentedRenewal
AED 130,000/yr12 months · AED 79 per sqft
3 Jan 2020RentedRenewal
AED 135,273/yr12 months · AED 82 per sqft
3 Jan 2019RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
5 Nov 2017RentedNew contract
AED 175,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 24 November 2024.

Key facts

Type
Penthouse apartment
Size
1,650 sqft
Floor
55th of 73
Parking
P2-440 , P2-442
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 35,400 /yr
Last sold
AED 2.85M · November 2013
Building
Cayan Tower

About 5507, Cayan Tower

5507 is a penthouse of 1,650 sqft on the 55th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 26 November 2013 for AED 2,846,400, or AED 1,724 per sqft, 24% above the AED 1,394 penthouses in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 24 November 2024, is AED 220,000 a year: a gross yield of 7.7% on the 2013 price, before the service charge of about AED 35,400 a year.

Sales and rents for 5507 over time

Sales
Unit 5507, each saleTypical penthouse in Cayan Tower
2.5M5M7.5M2009201420192024Typical sale price by year: 2009 AED 4,139,640; 2011 AED 3,162,149; 2012 AED 2,898,568; 2013 AED 3,162,149; 2014 AED 4,505,900; 2015 AED 4,768,500; 2016 AED 3,150,000; 2017 AED 3,150,000; 2018 AED 2,209,435; 2021 AED 3,200,000; 2022 AED 3,175,000; 2023 AED 4,300,000; 2024 AED 5,150,000; 2025 AED 6,775,000; 2026 AED 6,337,500Sold by developer, April 2009: AED 2,846,400 (AED 1,724 per sqft)Sold, June 2013: AED 3,193,000 (AED 1,935 per sqft)Sold, November 2013: AED 2,846,400 (AED 1,724 per sqft)

5507 has sold 3 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 5507, each contractTypical penthouse in Cayan Tower
200K300K2013201720212025Typical rent by year: 2013 AED 210,000; 2014 AED 220,000; 2015 AED 280,000; 2016 AED 250,000; 2017 AED 253,318; 2018 AED 227,000; 2019 AED 195,630; 2020 AED 145,000; 2021 AED 178,000; 2022 AED 180,000; 2023 AED 230,000; 2024 AED 225,000; 2025 AED 220,838; 2026 AED 200,000New contract, November 2013: AED 220,000 a yearNew contract, November 2014: AED 220,000 a yearNew contract, November 2015: AED 220,000 a yearNew contract, October 2016: AED 180,000 a yearNew contract, November 2017: AED 175,000 a yearNew contract, January 2019: AED 140,000 a yearRenewal, January 2020: AED 135,273 a yearRenewal, January 2021: AED 130,000 a yearRenewal, January 2022: AED 130,000 a yearNew contract, August 2023: AED 220,000 a yearNew contract, November 2024: AED 220,000 a yearNew contract, November 2024: AED 220,000 a year

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

Penthouses in Cayan Tower, and where 5507 sits

All 73 penthouses →

5507 last sold in November 2013 at AED 1,724 per sqft, 24% above what penthouses in Cayan Tower were fetching at the time (AED 1,394). Over the last 12 months penthouses sold for AED 2,300,000 to 14,000,000, around AED 2,083 per sqft, and rent for AED 95,000 to 485,000 a year. 5507's AED 220,000 is in the lower half of that range.

Recent penthouse salesUnit no.Price (AED)Summary
2 Oct 20269,910,523
11 Aug 20263,300,000
24 Jun 20265,875,000
10 Mar 20266,800,000
6 penthouse 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. 37 sold in the last 12 months.

Typical price per sqft
AED 2,097 Up 3.7%
Typical sale
AED 2.5M
Typical rent
AED 139K /yr
Typical yield
5.9%
Cayan Tower, Dubai Marina: prices, sales and rents →

Other units on the 55th floor

All 495 units in Cayan Tower
Value
5501PenthouseAED 2.7M · Apr 2016
5502PenthouseAED 3.2M · Jul 2025
5503PenthouseAED 1.55M · Oct 2013
5504PenthouseAED 3.4M · Apr 2014
5505PenthouseAED 4.3M · Jun 2023
5506PenthouseAED 3.2M · Oct 2013
5508PenthouseAED 2.5M · Jun 2014
1–7 of 9

5507, Cayan Tower in numbers

  • Sold 3 times: first on 15 April 2009 for AED 2,846,400, last on 26 November 2013 for AED 2,846,400 (AED 1,724 per sqft).
  • Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 220,000 to AED 130,000 in 2022 and recovered to AED 220,000 by November 2024.
  • At AED 220,000 a year the gross yield on the 2013 price is 7.7%, before a service charge of about AED 35,400 a year (AED 21.43 per sqft).
  • Penthouses in Cayan Tower sold for AED 2,300,000–14,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,097 per sqft.

Source: Dubai Land Department. Updated 24 November 2024.

Questions about 5507, Cayan Tower

What did unit 5507 last sell for?

AED 2,846,400 on 26 November 2013: AED 1,724 per sqft for 1,650 sqft. The unit has 3 registered sales; the first was AED 2,846,400 in April 2009.

What is the rent for unit 5507?

AED 220,000 a year on the contract signed on 24 November 2024. The previous contract, from November 2024, was AED 220,000; the unit has been rented since November 2013.

How big is unit 5507?

1,650 sqft (153.3 sqm): a penthouse on the 55th floor of a 73-storey tower completed in 2013.

What is unit 5507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Penthouses in Cayan Tower sold for AED 2,300,000 to 14,000,000 in the last 12 months, around AED 2,083 per sqft.

Selling 5507? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 5507, Cayan Tower

Starts from the last sale price (AED 2.85M, 26 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,846,400
Deposit, UAE resident (20%)
AED 569,280
Deposit, non-resident (40%)
AED 1,138,560
Monthly over 25 years at 3.7%
AED 11,646

Plus AED 124,559 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →