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Penthouse · 1,686 sqftCayan Tower, Dubai Marina · 53rd floor · completed 2013

5304, Cayan Tower

Sold prices and rental history: sold 4 times, last in November 2016, and rented once, from January 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5304 · DLD and Ejari recordsUpdated 28 November 2016
Last soldAED 3.15M28 November 2016
Current rentAED 175K /yr25 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5304, Cayan Tower

What is 5304 worth today?

Last sold for AED 3,150,000 in 2016

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28 Nov 2016SoldReady
AED 3,150,000AED 1,868 per sqft
25 Jan 2014RentedNew contract
AED 175,000/yr12 months · AED 104 per sqft
9 Dec 2013SoldReady
AED 2,670,000AED 1,583 per sqft
3 Oct 2013SoldReady
AED 2,407,800AED 1,428 per sqft
7 May 2009Sold by developerOff-plan
AED 2,407,800AED 1,428 per sqft

Source: Dubai Land Department. Updated 28 November 2016.

Key facts

Type
Penthouse apartment
Size
1,686 sqft
Floor
53rd of 73
Parking
G-334 , G-335
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 36,100 /yr
Last sold
AED 3.15M · November 2016
Building
Cayan Tower

About 5304, Cayan Tower

5304 is a penthouse of 1,686 sqft on the 53rd floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 28 November 2016 for AED 3,150,000, or AED 1,868 per sqft, 5% below the AED 1,958 penthouses in the building were fetching at the time.

One Ejari contract is registered, from 25 January 2014. The current contract, signed on 25 January 2014, is AED 175,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 36,100 a year.

Sales and rents for 5304 over time

Sales
Unit 5304, each saleTypical penthouse in Cayan Tower
5M2009201420192024Typical sale price by year: 2009 AED 4,099,590; 2011 AED 3,162,149; 2012 AED 2,898,636; 2013 AED 3,162,149; 2014 AED 4,125,000; 2015 AED 4,768,500; 2016 AED 3,150,000; 2017 AED 3,000,000; 2018 AED 2,209,435; 2021 AED 3,200,000; 2022 AED 3,175,000; 2023 AED 4,300,000; 2024 AED 5,150,000; 2025 AED 7,975,000Sold by developer, May 2009: AED 2,407,800 (AED 1,428 per sqft)Sold, October 2013: AED 2,407,800 (AED 1,428 per sqft)Sold, December 2013: AED 2,670,000 (AED 1,583 per sqft)Sold, November 2016: AED 3,150,000 (AED 1,868 per sqft)

5304 has sold 4 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 5304, each contractTypical penthouse in Cayan Tower
200K2013201720212025Typical rent by year: 2013 AED 210,000; 2014 AED 220,000; 2015 AED 275,000; 2016 AED 230,000; 2017 AED 251,818; 2018 AED 212,000; 2019 AED 200,000; 2020 AED 140,137; 2021 AED 179,000; 2022 AED 180,000; 2023 AED 220,000; 2024 AED 230,000; 2025 AED 221,675New contract, January 2014: AED 175,000 a year

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

Penthouses in Cayan Tower, and where 5304 sits

All 70 penthouses →

5304 last sold in November 2016 at AED 1,868 per sqft, 5% below what penthouses in Cayan Tower were fetching at the time (AED 1,958). 5304's AED 175,000 is in the lower half of that range.

Recent penthouse salesUnit no.Price (AED)Summary
16 Jul 20253,200,000
23 Apr 20255,750,000
12 Feb 202510,200,000
21 Jan 202522,500,000
0 penthouse 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 53rd floor

All 495 units in Cayan Tower
Value
5301PenthouseAED 5.8M · Feb 2014
5302PenthouseAED 2.41M · Oct 2013
5303PenthouseAED 1.51M · Oct 2013
5305PenthouseAED 4.44M · Feb 2024
5306PenthouseAED 5.75M · Apr 2025
5307PenthouseAED 1.67M · Dec 2013
5308PenthouseAED 1.33M · Jan 2020
1–7 of 9

5304, Cayan Tower in numbers

  • Sold 4 times: first on 7 May 2009 for AED 2,407,800, last on 28 November 2016 for AED 3,150,000 (AED 1,868 per sqft).
  • Rented since January 2014 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2016 price is 5.6%, before a service charge of about AED 36,100 a year (AED 21.43 per sqft).

Source: Dubai Land Department. Updated 28 November 2016.

Questions about 5304, Cayan Tower

What did unit 5304 last sell for?

AED 3,150,000 on 28 November 2016: AED 1,868 per sqft for 1,686 sqft. The unit has 4 registered sales; the first was AED 2,407,800 in May 2009.

What is the rent for unit 5304?

AED 175,000 a year on the contract signed on 25 January 2014.

How big is unit 5304?

1,686 sqft (156.6 sqm): a penthouse on the 53rd floor of a 73-storey tower completed in 2013.

What is unit 5304 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 5304, Cayan Tower

Starts from the last sale price (AED 3.15M, 28 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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