Penthouse · 2,547 sqftCayan Tower, Dubai Marina · 65th floor · completed 2013

6501, Cayan Tower

Sold prices and rental history: sold 3 times, last in September 2014, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6501 · DLD and Ejari recordsUpdated 28 March 2019
Last soldAED 4.6M2 September 2014
Current rentAED 280K /yr28 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6501, Cayan Tower

What is 6501 worth today?

Last sold for AED 4,600,000 in 2014

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28 Mar 2019RentedNew contract
AED 280,000/yr36 months · AED 110 per sqft
1 Jul 2017RentedNew contract
AED 300,000/yr12 months · AED 118 per sqft
2 Sep 2014SoldReady
AED 4,600,000AED 1,805 per sqft
29 Aug 2013SoldOff-plan
AED 4,600,000AED 1,805 per sqft
9 Apr 2012Sold by developerOff-plan
AED 2,898,636AED 1,137 per sqft

Source: Dubai Land Department. Updated 28 March 2019.

Key facts

Type
Penthouse apartment
Size
2,547 sqft
Floor
65th of 73
Parking
G-346 , G-348
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 54,600 /yr
Last sold
AED 4.6M · September 2014
Building
Cayan Tower

About 6501, Cayan Tower

6501 is a penthouse of 2,547 sqft on the 65th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 2 September 2014 for AED 4,600,000, or AED 1,805 per sqft, 26% above the AED 1,428 penthouses in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 28 March 2019, is AED 280,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 54,600 a year.

Sales and rents for 6501 over time

Sales
Unit 6501, 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 2,898,636 (AED 1,137 per sqft)Sold, August 2013: AED 4,600,000 (AED 1,805 per sqft)Sold, September 2014: AED 4,600,000 (AED 1,805 per sqft)

6501 has sold 3 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 6501, 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, July 2017: AED 300,000 a yearNew contract, March 2019: AED 280,000 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 6501 sits

All 73 penthouses →

6501 last sold in September 2014 at AED 1,805 per sqft, 26% above what penthouses in Cayan Tower were fetching at the time (AED 1,428). 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. 6501's AED 280,000 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 65th floor

All 495 units in Cayan Tower
Value
6502PenthouseAED 4M · Oct 2022
6503PenthouseAED 6.1M · Mar 2024
6504PenthouseAED 7M · Aug 2014

6501, Cayan Tower in numbers

  • Sold 3 times: first on 9 April 2012 for AED 2,898,636, last on 2 September 2014 for AED 4,600,000 (AED 1,805 per sqft).
  • Rented since July 2017 on 2 Ejari contracts, from AED 300,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 54,600 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 28 March 2019.

Questions about 6501, Cayan Tower

What did unit 6501 last sell for?

AED 4,600,000 on 2 September 2014: AED 1,805 per sqft for 2,547 sqft. The unit has 3 registered sales; the first was AED 2,898,636 in April 2012.

What is the rent for unit 6501?

AED 280,000 a year on the contract signed on 28 March 2019. The previous contract, from July 2017, was AED 300,000.

How big is unit 6501?

2,547 sqft (236.6 sqm): a penthouse on the 65th floor of a 73-storey tower completed in 2013.

What is unit 6501 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 6501, Cayan Tower

Starts from the last sale price (AED 4.6M, 2 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

Plus AED 198,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →