Penthouse · 1,600 sqftCayan Tower, Dubai Marina · 57th floor · completed 2013

5709, Cayan Tower

Sold prices and rental history: sold 5 times, last in February 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5709 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 3.25M15 February 2024
Current rentAED 235K /yr7 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5709, Cayan Tower

What is 5709 worth today?

Last sold for AED 3,250,000 in 2024

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15 Feb 2024SoldReady
AED 3,250,000AED 2,030 per sqft
7 Jan 2022RentedNew contract
AED 235,000/yr12 months · AED 147 per sqft
4 Jan 2022RentedNew contract
AED 233,743/yr12 months · AED 146 per sqft
3 May 2015SoldReady
AED 3,300,000AED 2,062 per sqft
8 Mar 2015SoldReady
AED 2,900,000AED 1,812 per sqft
3 Oct 2013SoldReady
AED 2,846,400AED 1,778 per sqft
16 Apr 2009Sold by developerOff-plan
AED 2,846,400AED 1,778 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
Penthouse apartment
Size
1,600 sqft
Floor
57th of 73
Parking
P2-436 , P2-438
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 34,300 /yr
Last sold
AED 3.25M · February 2024
Building
Cayan Tower

About 5709, Cayan Tower

5709 is a penthouse of 1,600 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 15 February 2024 for AED 3,250,000, or AED 2,030 per sqft, 16% above the AED 1,749 penthouses in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 7 January 2022, is AED 235,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 34,300 a year.

Sales and rents for 5709 over time

Sales
Unit 5709, 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 1,778 per sqft)Sold, October 2013: AED 2,846,400 (AED 1,778 per sqft)Sold, March 2015: AED 2,900,000 (AED 1,812 per sqft)Sold, May 2015: AED 3,300,000 (AED 2,062 per sqft)Sold, February 2024: AED 3,250,000 (AED 2,030 per sqft)

5709 has sold 5 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 5709, 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, January 2022: AED 235,000 a yearNew contract, January 2022: AED 233,743 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 5709 sits

All 73 penthouses →

5709 last sold in February 2024 at AED 2,030 per sqft, 16% above what penthouses in Cayan Tower were fetching at the time (AED 1,749). 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. 5709's AED 235,000 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 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
5706PenthouseAED 3.2M · Nov 2015
5707PenthouseAED 2.15M · Nov 2013
1–7 of 9

5709, Cayan Tower in numbers

  • Sold 5 times: first on 16 April 2009 for AED 2,846,400, last on 15 February 2024 for AED 3,250,000 (AED 2,030 per sqft).
  • Rented since January 2022 on 2 Ejari contracts, from AED 233,743 to AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 34,300 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 15 February 2024.

Questions about 5709, Cayan Tower

What did unit 5709 last sell for?

AED 3,250,000 on 15 February 2024: AED 2,030 per sqft for 1,600 sqft. The unit has 5 registered sales; the first was AED 2,846,400 in April 2009.

What is the rent for unit 5709?

AED 235,000 a year on the contract signed on 7 January 2022. The previous contract, from January 2022, was AED 233,743.

How big is unit 5709?

1,600 sqft (148.6 sqm): a penthouse on the 57th floor of a 73-storey tower completed in 2013.

What is unit 5709 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 5709, Cayan Tower

Starts from the last sale price (AED 3.25M, 15 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

Plus AED 141,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →