Penthouse · 2,970 sqftCayan Tower, Dubai Marina · 53rd floor · completed 2013

5305, Cayan Tower

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5305 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 4.44M6 February 2024
Current rentAED 179K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5305, Cayan Tower

What is 5305 worth today?

Last sold for AED 4,440,000 in 2024

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1 Jul 2024RentedNew contract
AED 178,830/yr8 months · AED 60 per sqft
6 Feb 2024SoldReady
AED 4,440,000AED 1,495 per sqft
1 Jul 2023RentedRenewal
AED 170,000/yr12 months · AED 57 per sqft
1 Jul 2021RentedRenewal
AED 170,000/yr12 months · AED 57 per sqft
1 Jul 2020RentedRenewal
AED 170,000/yr12 months · AED 57 per sqft
3 Oct 2013SoldReady
AED 3,724,500AED 1,254 per sqft
3 May 2012Sold by developerOff-plan
AED 3,724,500AED 1,254 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
Penthouse apartment
Size
2,970 sqft
Floor
53rd of 73
Parking
B1-299 , B1-301
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 63,600 /yr
Last sold
AED 4.44M · February 2024
Building
Cayan Tower

About 5305, Cayan Tower

5305 is a penthouse of 2,970 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 6 February 2024 for AED 4,440,000, or AED 1,495 per sqft, 14% below the AED 1,741 penthouses in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 July 2024, is AED 178,830 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 63,600 a year.

Sales and rents for 5305 over time

Sales
Unit 5305, 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 2012: AED 3,724,500 (AED 1,254 per sqft)Sold, October 2013: AED 3,724,500 (AED 1,254 per sqft)Sold, February 2024: AED 4,440,000 (AED 1,495 per sqft)

5305 has sold 3 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 5305, 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 221,675Renewal, July 2020: AED 170,000 a yearRenewal, July 2021: AED 170,000 a yearRenewal, July 2023: AED 170,000 a yearNew contract, July 2024: AED 178,830 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 5305 sits

All 70 penthouses →

5305 last sold in February 2024 at AED 1,495 per sqft, 14% below what penthouses in Cayan Tower were fetching at the time (AED 1,741). 5305's AED 178,830 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
5304PenthouseAED 3.15M · Nov 2016
5306PenthouseAED 5.75M · Apr 2025
5307PenthouseAED 1.67M · Dec 2013
5308PenthouseAED 1.33M · Jan 2020
1–7 of 9

5305, Cayan Tower in numbers

  • Sold 3 times: first on 3 May 2012 for AED 3,724,500, last on 6 February 2024 for AED 4,440,000 (AED 1,495 per sqft).
  • Rented since July 2020 on 4 Ejari contracts, from AED 170,000 to AED 178,830 a year.
  • At AED 178,830 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 63,600 a year (AED 21.43 per sqft).

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 5305, Cayan Tower

What did unit 5305 last sell for?

AED 4,440,000 on 6 February 2024: AED 1,495 per sqft for 2,970 sqft. The unit has 3 registered sales; the first was AED 3,724,500 in May 2012.

What is the rent for unit 5305?

AED 178,830 a year on the contract signed on 1 July 2024. The previous contract, from July 2023, was AED 170,000; the unit has been rented since July 2020.

How big is unit 5305?

2,970 sqft (275.9 sqm): a penthouse on the 53rd floor of a 73-storey tower completed in 2013.

What is unit 5305 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 5305, Cayan Tower

Starts from the last sale price (AED 4.44M, 6 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,440,000
Deposit, UAE resident (20%)
AED 888,000
Deposit, non-resident (40%)
AED 1,776,000
Monthly over 25 years at 3.7%
AED 18,165

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