Penthouse · 2,948 sqftCayan Tower, Dubai Marina · 57th floor · completed 2013

5706, Cayan Tower

Sold prices and rental history: sold 4 times, last in November 2015, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5706 · DLD and Ejari recordsUpdated 22 April 2024
Last soldAED 3.2M22 November 2015
Current rentAED 330K /yr22 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5706, Cayan Tower

What is 5706 worth today?

Last sold for AED 3,200,000 in 2015

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22 Apr 2024RentedNew contract
AED 329,983/yr26 months · AED 112 per sqft
22 Apr 2024RentedNew contract
AED 329,983/yr26 months · AED 112 per sqft
22 Nov 2015SoldReady
AED 3,200,000AED 1,085 per sqft
21 Nov 2013SoldReady
AED 3,200,000AED 1,085 per sqft
10 Feb 2013SoldOff-plan
AED 4,600,000AED 1,560 per sqft
9 Apr 2012Sold by developerOff-plan
AED 3,200,000AED 1,085 per sqft

Source: Dubai Land Department. Updated 22 April 2024.

Key facts

Type
Penthouse apartment
Size
2,948 sqft
Floor
57th of 73
Parking
P5-584 , P5-585
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 63,200 /yr
Last sold
AED 3.2M · November 2015
Building
Cayan Tower

About 5706, Cayan Tower

5706 is a penthouse of 2,948 sqft on the 57th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 22 November 2015 for AED 3,200,000, or AED 1,085 per sqft, 49% below the AED 2,121 penthouses in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 22 April 2024, is AED 329,983 a year: a gross yield of 10.3% on the 2015 price, before the service charge of about AED 63,200 a year.

Sales and rents for 5706 over time

Sales
Unit 5706, 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 2012: AED 3,200,000 (AED 1,085 per sqft)Sold, February 2013: AED 4,600,000 (AED 1,560 per sqft)Sold, November 2013: AED 3,200,000 (AED 1,085 per sqft)Sold, November 2015: AED 3,200,000 (AED 1,085 per sqft)

5706 has sold 4 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 5706, 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, April 2024: AED 329,983 a yearNew contract, April 2024: AED 329,983 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 5706 sits

All 73 penthouses →

5706 last sold in November 2015 at AED 1,085 per sqft, 49% below what penthouses in Cayan Tower were fetching at the time (AED 2,121). 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. 5706's AED 329,983 is in the upper 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 57th floor

All 495 units in Cayan Tower
Value
5701PenthouseAED 6.25M · Oct 2025
5702PenthouseAED 2.07M · Jun 2018
5703PenthouseAED 2.3M · Feb 2026
5704PenthouseAED 3.3M · Feb 2017
5705PenthouseAED 4.1M · Jan 2023
5707PenthouseAED 2.15M · Nov 2013
5708PenthouseAED 2M · Jul 2023
1–7 of 9

5706, Cayan Tower in numbers

  • Sold 4 times: first on 9 April 2012 for AED 3,200,000, last on 22 November 2015 for AED 3,200,000 (AED 1,085 per sqft).
  • Rented since April 2024 on 2 Ejari contracts, at AED 329,983 a year.
  • At AED 329,983 a year the gross yield on the 2015 price is 10.3%, before a service charge of about AED 63,200 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 22 April 2024.

Questions about 5706, Cayan Tower

What did unit 5706 last sell for?

AED 3,200,000 on 22 November 2015: AED 1,085 per sqft for 2,948 sqft. The unit has 4 registered sales; the first was AED 3,200,000 in April 2012.

What is the rent for unit 5706?

AED 329,983 a year on the contract signed on 22 April 2024. The previous contract, from April 2024, was AED 329,983.

How big is unit 5706?

2,948 sqft (273.9 sqm): a penthouse on the 57th floor of a 73-storey tower completed in 2013.

What is unit 5706 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.

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Mortgage on 5706, Cayan Tower

Starts from the last sale price (AED 3.2M, 22 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →