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Penthouse · 10,970 sqftCayan Tower, Dubai Marina · 72nd floor · completed 2013

7201, Cayan Tower

Sold prices and rental history: sold once, by the developer in April 2015, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7201 · DLD and Ejari recordsUpdated 1 October 2021
Last soldAED 25M23 April 2015
Current rentAED 1.5M /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7201, Cayan Tower

What is 7201 worth today?

Last sold for AED 25,000,000 in 2015

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1 Oct 2021RentedNew contract
AED 1,500,000/yr24 months · AED 137 per sqft
23 Apr 2015Sold by developerReady
AED 25,000,000AED 2,278 per sqft

Source: Dubai Land Department. Updated 1 October 2021.

Key facts

Type
Penthouse apartment
Size
10,970 sqft
Floor
72nd of 73
Parking
P3-494. P3-496 , P3-547
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 235,100 /yr
Last sold
AED 25M · April 2015
Building
Cayan Tower

About 7201, Cayan Tower

7201 is a penthouse of 10,970 sqft on the 72nd floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. The developer sold it on 23 April 2015 for AED 25,000,000, or AED 2,278 per sqft, 8% above the AED 2,118 penthouses in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2021. The current contract, signed on 1 October 2021, is AED 1,500,000 a year: a gross yield of 6.0% on the 2015 price, before the service charge of about AED 235,100 a year.

Sales and rents for 7201 over time

Sales
Unit 7201, each saleTypical penthouse in Cayan Tower
010M20M2009201420192024Typical 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 2015: AED 25,000,000 (AED 2,278 per sqft)

7201 has sold once; the dashed line is the penthouse median of each year in the building.

Rents
Unit 7201, each contractTypical penthouse in Cayan Tower
01M2013201720212025Typical 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, October 2021: AED 1,500,000 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 7201 sits

All 73 penthouses →

7201 last sold in April 2015 at AED 2,278 per sqft, 8% above what penthouses in Cayan Tower were fetching at the time (AED 2,118). 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. 7201's AED 1,500,000 is at the top 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 →

7201, Cayan Tower in numbers

  • Sold once: by Cayan Real Estate Investment & Development on 23 April 2015 for AED 25,000,000, or AED 2,278 per sqft.
  • Rented since October 2021 on one Ejari contract, at AED 1,500,000 a year.
  • At AED 1,500,000 a year the gross yield on the 2015 price is 6.0%, before a service charge of about AED 235,100 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 1 October 2021.

Questions about 7201, Cayan Tower

What did unit 7201 last sell for?

AED 25,000,000 on 23 April 2015, sold by the developer: AED 2,278 per sqft for 10,970 sqft. It is the only registered sale of the unit.

What is the rent for unit 7201?

AED 1,500,000 a year on the contract signed on 1 October 2021.

How big is unit 7201?

10,970 sqft (1019.1 sqm): a penthouse on the 72nd floor of a 73-storey tower completed in 2013.

What is unit 7201 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 7201, Cayan Tower

Starts from the last sale price (AED 25M, 23 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 25,000,000
Deposit, UAE resident (20%)
AED 5,000,000
Deposit, non-resident (40%)
AED 10,000,000
Monthly over 25 years at 3.7%
AED 102,283

Plus AED 1,055,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →