403, Cayan Tower
Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Cayan Tower
What is 403 worth today?
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Source: Dubai Land Department. Updated 5 April 2024.
Key facts
- Type
- Studio apartment
- Size
- 784 sqft
- Floor
- 4th of 73
- Parking
- P4-570
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2013
- Service charge
- AED 16,800 /yr
- Last sold
- AED 685K · October 2013
- Building
- Cayan Tower
About 403, Cayan Tower
403 is a studio of 784 sqft on the 4th 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 684,720, or AED 873 per sqft, 10% below the AED 974 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 5 April 2024, is AED 94,000 a year: a gross yield of 13.7% on the 2013 price, before the service charge of about AED 16,800 a year.
Sales and rents for 403 over time
403 has sold twice; the dashed line is the studio median of each year in the building.
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 403 sits
All 22 studios →403 last sold in October 2013 at AED 873 per sqft, 10% below what studios in Cayan Tower were fetching at the time (AED 974). 403's AED 94,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Dec 202410 December 2024 | 666 sqft | 1,550,000 | 2,327 | ||
| 24 Oct 202424 October 2024 | 667 sqft | 1,420,000 | 2,128 | ||
| 13 May 202413 May 2024 | 627 sqft | 1,090,000 | 1,739 | ||
| 7 May 20247 May 2024 | 785 sqft | 1,390,000 | 1,771 |
Cayan Tower
Building495 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 138K /yr
- Typical yield
- 6.4%
Other units on the 4th floor
All 495 units in Cayan Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 712 sqft | AED 694KAED 693,900 · Oct 2013October 2013 | ||
| 402 | Studio | 785 sqft | AED 1.39MAED 1,390,000 · May 2024May 2024 | 90,000 /yr | |
| 404 | Studio | 666 sqft | AED 1.55MAED 1,550,000 · Dec 2024December 2024 | 27,000 /yr | |
| 405 | 1-bed | 1,047 sqft | AED 1.95MAED 1,950,000 · Feb 2014February 2014 | 120,000 /yr | |
| 406 | Studio | 698 sqft | AED 694KAED 693,900 · Oct 2013October 2013 | 75,075 /yr |
403, Cayan Tower in numbers
- Sold twice: first on 1 June 2009 for AED 684,720, last on 3 October 2013 for AED 684,720 (AED 873 per sqft).
- Rented since April 2020 on 5 Ejari contracts. The rent fell from AED 74,000 to AED 60,000 in 2021 and recovered to AED 94,000 by April 2024.
- At AED 94,000 a year the gross yield on the 2013 price is 13.7%, before a service charge of about AED 16,800 a year (AED 21.43 per sqft).
Source: Dubai Land Department. Updated 5 April 2024.
Questions about 403, Cayan Tower
What did unit 403 last sell for?
AED 684,720 on 3 October 2013: AED 873 per sqft for 784 sqft. The unit has 2 registered sales; the first was AED 684,720 in June 2009.
What is the rent for unit 403?
AED 94,000 a year on the contract renewed on 5 April 2024. The previous contract, from April 2023, was AED 94,000; the unit has been rented since April 2020.
How big is unit 403?
784 sqft (72.8 sqm): a studio on the 4th floor of a 73-storey tower completed in 2013.
What is unit 403 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 403, Cayan Tower
Starts from the last sale price (AED 685K, 3 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 684,720
- Deposit, UAE resident (20%)
- AED 136,944
- Deposit, non-resident (40%)
- AED 273,888
- Monthly over 25 years at 3.7%
- AED 2,801
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →