Studio · 703 sqftCayan Tower, Dubai Marina · 3rd floor · completed 2013

306, Cayan Tower

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 25 February 2025
Last soldAED 1M26 March 2024
Current rentAED 80K /yr25 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Cayan Tower

What is 306 worth today?

Last sold for AED 1,000,000 in 2024

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25 Feb 2025RentedNew contract
AED 80,000/yr12 months · AED 114 per sqft
26 Mar 2024SoldReady
AED 1,000,000AED 1,422 per sqft
25 Feb 2023RentedNew contract
AED 80,000/yr12 months · AED 114 per sqft
10 Jan 2022RentedRenewal
AED 70,000/yr12 months · AED 100 per sqft
10 Jan 2021RentedRenewal
AED 58,000/yr12 months · AED 83 per sqft
10 Jan 2020RentedRenewal
AED 80,000/yr12 months · AED 114 per sqft
18 Dec 2018SoldReady
AED 1,265,382AED 1,799 per sqft
6 Feb 2018Sold by developerReady
AED 1,265,382AED 1,799 per sqft

Source: Dubai Land Department. Updated 25 February 2025.

Key facts

Type
Studio apartment
Size
703 sqft
Floor
3rd of 73
Parking
P3-503 0
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 15,100 /yr
Last sold
AED 1M · March 2024
Building
Cayan Tower

About 306, Cayan Tower

306 is a studio of 703 sqft on the 3rd floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 26 March 2024 for AED 1,000,000, or AED 1,422 per sqft, 7% below the AED 1,522 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 25 February 2025, is AED 80,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 15,100 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical studio in Cayan Tower
1M1.5M20092013201720212025Typical sale price by year: 2009 AED 684,720; 2013 AED 693,900; 2017 AED 1,400,000; 2018 AED 1,265,382; 2021 AED 775,000; 2022 AED 1,176,446; 2024 AED 1,245,000Sold by developer, February 2018: AED 1,265,382 (AED 1,799 per sqft)Sold, December 2018: AED 1,265,382 (AED 1,799 per sqft)Sold, March 2024: AED 1,000,000 (AED 1,422 per sqft)

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

Rents
Unit 306, each contractTypical studio in Cayan Tower
60K80K2013201720212025Typical rent by year: 2013 AED 90,000; 2014 AED 90,000; 2015 AED 90,000; 2016 AED 88,500; 2017 AED 90,000; 2018 AED 90,000; 2019 AED 70,000; 2020 AED 63,000; 2021 AED 58,000; 2022 AED 70,000; 2023 AED 81,888; 2024 AED 85,000; 2025 AED 86,442; 2026 AED 92,000New contract, December 2017: AED 90,000 a yearRenewal, January 2020: AED 80,000 a yearRenewal, January 2021: AED 58,000 a yearRenewal, January 2022: AED 70,000 a yearNew contract, February 2023: AED 80,000 a yearNew contract, February 2025: AED 80,000 a year

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 306 sits

All 22 studios →

306 last sold in March 2024 at AED 1,422 per sqft, 7% below what studios in Cayan Tower were fetching at the time (AED 1,522). 306's AED 80,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Dec 20241,550,000
24 Oct 20241,420,000
13 May 20241,090,000
7 May 20241,390,000
0 studio 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 3rd floor

All 495 units in Cayan Tower
Value
301StudioAED 1.17M · Nov 2022
3021-bedAED 1.08M · Feb 2015
303StudioAED 1.5M · Feb 2015
304StudioAED 1.4M · Oct 2017
3051-bedAED 1.95M · Dec 2023

306, Cayan Tower in numbers

  • Sold 3 times: first on 6 February 2018 for AED 1,265,382, last on 26 March 2024 for AED 1,000,000 (AED 1,422 per sqft).
  • Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 58,000 in 2021 and recovered to AED 80,000 by February 2025.
  • At AED 80,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 15,100 a year (AED 21.43 per sqft).

Source: Dubai Land Department. Updated 25 February 2025.

Questions about 306, Cayan Tower

What did unit 306 last sell for?

AED 1,000,000 on 26 March 2024: AED 1,422 per sqft for 703 sqft. The unit has 3 registered sales; the first was AED 1,265,382 in February 2018.

What is the rent for unit 306?

AED 80,000 a year on the contract signed on 25 February 2025. The previous contract, from February 2023, was AED 80,000; the unit has been rented since December 2017.

How big is unit 306?

703 sqft (65.3 sqm): a studio on the 3rd floor of a 73-storey tower completed in 2013.

What is unit 306 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 306, Cayan Tower

Starts from the last sale price (AED 1M, 26 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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