404, Cayan Tower
Sold prices and rental history: sold 6 times, last in December 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Cayan Tower
What is 404 worth today?
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Source: Dubai Land Department. Updated 10 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 666 sqft
- Floor
- 4th of 73
- Parking
- P4-550
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2013
- Service charge
- AED 14,300 /yr
- Last sold
- AED 1.55M · December 2024
- Building
- Cayan Tower
About 404, Cayan Tower
404 is a studio of 666 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 10 December 2024 for AED 1,550,000, or AED 2,327 per sqft, 31% above the AED 1,771 studios in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 15 September 2020, is AED 27,000 a year: a gross yield of 1.7% on the 2024 price, before the service charge of about AED 14,300 a year.
Sales and rents for 404 over time
404 has sold 6 times; 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 404 sits
All 22 studios →404 last sold in December 2024 at AED 2,327 per sqft, 31% above what studios in Cayan Tower were fetching at the time (AED 1,771). 404's AED 27,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 26 Mar 202426 March 2024 | 722 sqft | 1,100,000 | 1,522 |
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 139K /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 | |
| 403 | Studio | 784 sqft | AED 685KAED 684,720 · Oct 2013October 2013 | 94,000 /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 |
404, Cayan Tower in numbers
- Sold 6 times: first on 14 June 2009 for AED 684,720, last on 10 December 2024 for AED 1,550,000 (AED 2,327 per sqft).
- Rented since May 2017 on 3 Ejari contracts, from AED 85,000 to AED 27,000 a year.
- At AED 27,000 a year the gross yield on the 2024 price is 1.7%, before a service charge of about AED 14,300 a year (AED 21.43 per sqft).
Source: Dubai Land Department. Updated 10 December 2024.
Questions about 404, Cayan Tower
What did unit 404 last sell for?
AED 1,550,000 on 10 December 2024: AED 2,327 per sqft for 666 sqft. The unit has 6 registered sales; the first was AED 684,720 in June 2009.
What is the rent for unit 404?
AED 27,000 a year on the contract signed on 15 September 2020. The previous contract, from July 2018, was AED 67,000; the unit has been rented since May 2017.
How big is unit 404?
666 sqft (61.9 sqm): a studio on the 4th floor of a 73-storey tower completed in 2013.
What is unit 404 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 404, Cayan Tower
Starts from the last sale price (AED 1.55M, 10 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →