506, Cayan Tower
Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Cayan Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 10 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 689 sqft
- Floor
- 5th of 73
- Parking
- P5-597
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2013
- Service charge
- AED 14,800 /yr
- Last sold
- AED 694K · October 2013
- Building
- Cayan Tower
About 506, Cayan Tower
506 is a studio of 689 sqft on the 5th 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 693,900, or AED 1,007 per sqft, 3% above the AED 974 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 10 February 2025, is AED 77,000 a year: a gross yield of 11.1% on the 2013 price, before the service charge of about AED 14,800 a year.
Sales and rents for 506 over time
506 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 506 sits
All 22 studios →506 last sold in October 2013 at AED 1,007 per sqft, 3% above what studios in Cayan Tower were fetching at the time (AED 974). 506's AED 77,000 is at the bottom 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 5th floor
All 495 units in Cayan Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 786 sqft | AED 694KAED 693,900 · Oct 2013October 2013 | 93,500 /yr | |
| 502 | 1-bed | 1,014 sqft | AED 1.08MAED 1,083,000 · Oct 2013October 2013 | 110,000 /yr | |
| 503 | Studio | 758 sqft | AED 685KAED 684,720 · Oct 2013October 2013 | 80,000 /yr | |
| 504 | Studio | 667 sqft | AED 1.42MAED 1,420,000 · Oct 2024October 2024 | 97,000 /yr | |
| 505 | 1-bed | 1,040 sqft | AED 1.1MAED 1,103,400 · Apr 2014April 2014 | 118,800 /yr |
506, Cayan Tower in numbers
- Sold twice: first on 16 April 2009 for AED 693,900, last on 3 October 2013 for AED 693,900 (AED 1,007 per sqft).
- Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 48,000 in 2021 and recovered to AED 77,000 by February 2025.
- At AED 77,000 a year the gross yield on the 2013 price is 11.1%, before a service charge of about AED 14,800 a year (AED 21.43 per sqft).
Source: Dubai Land Department. Updated 10 February 2025.
Questions about 506, Cayan Tower
What did unit 506 last sell for?
AED 693,900 on 3 October 2013: AED 1,007 per sqft for 689 sqft. The unit has 2 registered sales; the first was AED 693,900 in April 2009.
What is the rent for unit 506?
AED 77,000 a year on the contract renewed on 10 February 2025. The previous contract, from February 2024, was AED 70,000; the unit has been rented since February 2014.
How big is unit 506?
689 sqft (64.0 sqm): a studio on the 5th floor of a 73-storey tower completed in 2013.
What is unit 506 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 506, Cayan Tower
Starts from the last sale price (AED 694K, 3 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 693,900
- Deposit, UAE resident (20%)
- AED 138,780
- Deposit, non-resident (40%)
- AED 277,560
- Monthly over 25 years at 3.7%
- AED 2,839
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →