605, Cayan Tower
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 605, Cayan Tower
What is 605 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 627 sqft
- Floor
- 6th of 73
- Parking
- P5-605 0
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2013
- Service charge
- AED 13,400 /yr
- Last sold
- AED 1.09M · May 2024
- Building
- Cayan Tower
About 605, Cayan Tower
605 is a studio of 627 sqft on the 6th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 13 May 2024 for AED 1,090,000, or AED 1,739 per sqft, in line with the AED 1,739 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 97,500 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 13,400 a year.
Sales and rents for 605 over time
605 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Cayan Tower, and where 605 sits
All 22 studios →605 last sold in May 2024 at AED 1,739 per sqft, in line with what studios in Cayan Tower were fetching at the time (AED 1,739). Over the last 12 months studios sold for AED 1,315,000 to 1,850,000, around AED 1,942 per sqft, and rent for AED 75,000 to 97,000 a year. 605's AED 97,500 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20268 May 2026 | 703 sqft | 1,315,000 | 1,870 | ||
| 1 Apr 20261 April 2026 | 726 sqft | 1,410,000 | 1,942 | ||
| 16 Mar 202616 March 2026 | 666 sqft | 1,850,000 | 2,777 | ||
| 10 Dec 202410 December 2024 | 666 sqft | 1,550,000 | 2,327 |
Cayan Tower
Building495 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%
Other units on the 6th floor
All 495 units in Cayan Tower605, Cayan Tower in numbers
- Sold twice: first on 13 January 2019 for AED 1,150,000, last on 13 May 2024 for AED 1,090,000 (AED 1,739 per sqft).
- Rented since April 2019 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 48,000 in 2020 and recovered to AED 97,500 by July 2024.
- At AED 97,500 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 13,400 a year (AED 21.43 per sqft).
- Studios in Cayan Tower sold for AED 1,315,000–1,850,000 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 1 July 2024.
Questions about 605, Cayan Tower
What did unit 605 last sell for?
AED 1,090,000 on 13 May 2024: AED 1,739 per sqft for 627 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in January 2019.
What is the rent for unit 605?
AED 97,500 a year on the contract renewed on 1 July 2024. The previous contract, from July 2024, was AED 65,000; the unit has been rented since April 2019.
How big is unit 605?
627 sqft (58.3 sqm): a studio on the 6th floor of a 73-storey tower completed in 2013.
What is unit 605 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Cayan Tower sold for AED 1,315,000 to 1,850,000 in the last 12 months, around AED 1,942 per sqft.
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Mortgage on 605, Cayan Tower
Starts from the last sale price (AED 1.09M, 13 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,090,000
- Deposit, UAE resident (20%)
- AED 218,000
- Deposit, non-resident (40%)
- AED 436,000
- Monthly over 25 years at 3.7%
- AED 4,460
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →