2-bed · 1,372 sqftCayan Tower, Dubai Marina · 16th floor · completed 2013

1605, Cayan Tower

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 23 June 2024
Last soldAED 1.54M3 October 2013
Current rentAED 130K /yr23 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Cayan Tower

What is 1605 worth today?

Last sold for AED 1,540,080 in 2013

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23 Jun 2024RentedRenewal
AED 130,000/yr12 months · AED 95 per sqft
23 Jun 2023RentedRenewal
AED 110,000/yr12 months · AED 80 per sqft
23 Jun 2022RentedRenewal
AED 110,000/yr12 months · AED 80 per sqft
28 Oct 2020RentedRenewal
AED 80,000/yr12 months · AED 58 per sqft
28 Oct 2019RentedRenewal
AED 130,000/yr12 months · AED 95 per sqft
28 Oct 2018RentedNew contract
AED 135,000/yr12 months · AED 98 per sqft
15 May 2016RentedNew contract
AED 180,000/yr12 months · AED 131 per sqft
3 Oct 2013SoldReady
AED 1,540,080AED 1,122 per sqft

Source: Dubai Land Department. Updated 23 June 2024.

Key facts

Type
2-bed apartment
Size
1,372 sqft
Floor
16th of 73
Parking
B1-279
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 29,400 /yr
Last sold
AED 1.54M · October 2013
Building
Cayan Tower

About 1605, Cayan Tower

1605 is a two-bedroom apartment of 1,372 sqft on the 16th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 3 October 2013 for AED 1,540,080, or AED 1,122 per sqft, 14% below the AED 1,307 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 23 June 2024, is AED 130,000 a year: a gross yield of 8.4% on the 2013 price, before the service charge of about AED 29,400 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical two-bed in Cayan Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,870,560; 2010 AED 1,637,378; 2011 AED 1,798,780; 2012 AED 1,723,322; 2013 AED 1,798,780; 2014 AED 2,225,000; 2015 AED 2,350,000; 2016 AED 2,715,448; 2017 AED 2,300,000; 2018 AED 2,000,000; 2019 AED 1,800,000; 2020 AED 1,235,000; 2021 AED 1,625,000; 2022 AED 1,925,000; 2023 AED 2,350,000; 2024 AED 2,537,500; 2025 AED 2,660,000; 2026 AED 2,875,000Sold by developer, April 2009: AED 1,540,080 (AED 1,122 per sqft)Sold, October 2013: AED 1,540,080 (AED 1,122 per sqft)

1605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, each contractTypical two-bed in Cayan Tower
100K150K2013201720212025Typical rent by year: 2013 AED 177,500; 2014 AED 168,500; 2015 AED 175,000; 2016 AED 175,000; 2017 AED 165,000; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 108,000; 2021 AED 105,000; 2022 AED 120,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 162,750; 2026 AED 156,000New contract, May 2016: AED 180,000 a yearNew contract, October 2018: AED 135,000 a yearRenewal, October 2019: AED 130,000 a yearRenewal, October 2020: AED 80,000 a yearRenewal, June 2022: AED 110,000 a yearRenewal, June 2023: AED 110,000 a yearRenewal, June 2024: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Cayan Tower, and where 1605 sits

All 197 2-beds →

1605 last sold in October 2013 at AED 1,122 per sqft, 14% below what two-beds in Cayan Tower were fetching at the time (AED 1,307). Over the last 12 months two-beds sold for AED 2,475,000 to 3,150,000, around AED 2,061 per sqft, and rent for AED 90,000 to 265,000 a year. 1605's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jan 20263,150,000
20 Jan 20262,875,000
9 Jan 20262,800,000
29 Dec 20252,614,000
6 2-bed 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. 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 16th floor

All 495 units in Cayan Tower
Value
16012-bedAED 3.1M · Apr 2014
16022-bedAED 2M · Jan 2014
16032-bedAED 2.53M · May 2023
16041-bedAED 1.5M · Jun 2018
16061-bedAED 1.6M · Feb 2014
16071-bedAED 846K · Oct 2013
16082-bedAED 2.8M · Jul 2015
1–7 of 8

1605, Cayan Tower in numbers

  • Sold twice: first on 14 April 2009 for AED 1,540,080, last on 3 October 2013 for AED 1,540,080 (AED 1,122 per sqft).
  • Rented since May 2016 on 7 Ejari contracts. The rent fell from AED 180,000 to AED 80,000 in 2020 and recovered to AED 130,000 by June 2024.
  • At AED 130,000 a year the gross yield on the 2013 price is 8.4%, before a service charge of about AED 29,400 a year (AED 21.43 per sqft).
  • Two-beds in Cayan Tower sold for AED 2,475,000–3,150,000 in the 12 months to November 2026; the building's median across all types is AED 2,169 per sqft.

Source: Dubai Land Department. Updated 23 June 2024.

Questions about 1605, Cayan Tower

What did unit 1605 last sell for?

AED 1,540,080 on 3 October 2013: AED 1,122 per sqft for 1,372 sqft. The unit has 2 registered sales; the first was AED 1,540,080 in April 2009.

What is the rent for unit 1605?

AED 130,000 a year on the contract renewed on 23 June 2024. The previous contract, from June 2023, was AED 110,000; the unit has been rented since May 2016.

How big is unit 1605?

1,372 sqft (127.5 sqm): a two-bedroom apartment on the 16th floor of a 73-storey tower completed in 2013.

What is unit 1605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Cayan Tower sold for AED 2,475,000 to 3,150,000 in the last 12 months, around AED 2,061 per sqft.

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Mortgage on 1605, Cayan Tower

Starts from the last sale price (AED 1.54M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,540,080
Deposit, UAE resident (20%)
AED 308,016
Deposit, non-resident (40%)
AED 616,032
Monthly over 25 years at 3.7%
AED 6,301

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