875 sqftCayan Tower, Dubai Marina · 15th floor · completed 2013

1504, Cayan Tower

Sold prices and rental history: sold 5 times, last in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 1.29M12 August 2014
Current rentAED 105K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Cayan Tower

What is 1504 worth today?

Last sold for AED 1,287,500 in 2014

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1 Nov 2022RentedRenewal
AED 105,000/yr36 months · AED 120 per sqft
1 Nov 2021RentedNew contract
AED 75,000/yr12 months · AED 86 per sqft
11 Nov 2019RentedNew contract
AED 85,000/yr12 months · AED 97 per sqft
12 Aug 2014SoldReady
AED 1,287,500AED 1,471 per sqft
1 Mar 2014RentedNew contract
AED 125,000/yr12 months · AED 143 per sqft
4 Dec 2012SoldOff-plan
AED 1,287,500AED 1,471 per sqft
10 Mar 2011SoldOff-plan
AED 800,000AED 914 per sqft
10 Feb 2010Sold by developerOff-plan
AED 1,103,625AED 1,261 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
Apartment
Size
875 sqft
Floor
15th of 73
Parking
B5-030
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 18,800 /yr
Last sold
AED 1.29M · August 2014
Building
Cayan Tower

About 1504, Cayan Tower

1504 is an apartment of 875 sqft on the 15th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 12 August 2014 for AED 1,287,500, or AED 1,471 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 105,000 a year: a gross yield of 8.2% on the 2014 price, before the service charge of about AED 18,800 a year.

Cayan Tower

Building

495 apartments, studios to 3-bed over 73 floors in Dubai Marina, completed in 2013 by Cayan Real Estate Investment & Development. 16 sold in the last 12 months.

Typical price per sqft
AED 2,169 Up 7.3%
Typical sale
AED 2.54M
Typical rent
AED 139K /yr
Typical yield
6.4%
Cayan Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 495 units in Cayan Tower
Value
15012-bedAED 2.04M · Jun 2022
15022-bedAED 1.59M · Oct 2013
15032-bedAED 706K · May 2025
15052-bedAED 3.06M · Jul 2024
15061-bedAED 1.52M · Jun 2017
15071-bedAED 1.65M · May 2023
15082-bedAED 1.67M · Oct 2013
1–7 of 8

1504, Cayan Tower in numbers

  • Sold 5 times: first on 10 February 2010 for AED 1,103,625, last on 12 August 2014 for AED 1,287,500 (AED 1,471 per sqft).
  • Rented since March 2014 on 4 Ejari contracts. The rent fell from AED 125,000 to AED 75,000 in 2021 and recovered to AED 105,000 by November 2022.
  • At AED 105,000 a year the gross yield on the 2014 price is 8.2%, before a service charge of about AED 18,800 a year (AED 21.43 per sqft).

Source: Dubai Land Department. Updated 1 November 2022.

Questions about 1504, Cayan Tower

What did unit 1504 last sell for?

AED 1,287,500 on 12 August 2014: AED 1,471 per sqft for 875 sqft. The unit has 5 registered sales; the first was AED 1,103,625 in February 2010.

What is the rent for unit 1504?

AED 105,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 75,000; the unit has been rented since March 2014.

How big is unit 1504?

875 sqft (81.3 sqm): an apartment on the 15th floor of a 73-storey tower completed in 2013.

What is unit 1504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1504, Cayan Tower

Starts from the last sale price (AED 1.29M, 12 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,287,500
Deposit, UAE resident (20%)
AED 257,500
Deposit, non-resident (40%)
AED 515,000
Monthly over 25 years at 3.7%
AED 5,268

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →