Penthouse · 1,600 sqftCayan Tower, Dubai Marina · 53rd floor · completed 2013

5309, Cayan Tower

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5309 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 3.65M22 June 2014
Current rentAED 222K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5309, Cayan Tower

What is 5309 worth today?

Last sold for AED 3,650,000 in 2014

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15 May 2025RentedNew contract
AED 221,675/yr14 months · AED 138 per sqft
20 Mar 2019RentedRenewal
AED 180,000/yr12 months · AED 112 per sqft
20 Mar 2018RentedRenewal
AED 212,000/yr12 months · AED 132 per sqft
20 Mar 2017RentedNew contract
AED 212,000/yr12 months · AED 132 per sqft
22 Jun 2014Sold by developerReady
AED 3,650,000AED 2,280 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
Penthouse apartment
Size
1,600 sqft
Floor
53rd of 73
Parking
M-377 , M-379
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 34,300 /yr
Last sold
AED 3.65M · June 2014
Building
Cayan Tower

About 5309, Cayan Tower

5309 is a penthouse of 1,600 sqft on the 53rd floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. The developer sold it on 22 June 2014 for AED 3,650,000, or AED 2,280 per sqft, 56% above the AED 1,458 penthouses in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 15 May 2025, is AED 221,675 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 34,300 a year.

Sales and rents for 5309 over time

Sales
Unit 5309, 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, June 2014: AED 3,650,000 (AED 2,280 per sqft)

5309 has sold once; the dashed line is the penthouse median of each year in the building.

Rents
Unit 5309, 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, March 2017: AED 212,000 a yearRenewal, March 2018: AED 212,000 a yearRenewal, March 2019: AED 180,000 a yearNew contract, May 2025: AED 221,675 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 5309 sits

All 70 penthouses →

5309 last sold in June 2014 at AED 2,280 per sqft, 56% above what penthouses in Cayan Tower were fetching at the time (AED 1,458). 5309's AED 221,675 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
5305PenthouseAED 4.44M · Feb 2024
5306PenthouseAED 5.75M · Apr 2025
5307PenthouseAED 1.67M · Dec 2013
1–7 of 9

5309, Cayan Tower in numbers

  • Sold once: by Cayan Real Estate Investment & Development on 22 June 2014 for AED 3,650,000, or AED 2,280 per sqft.
  • Rented since March 2017 on 4 Ejari contracts. The rent fell from AED 212,000 to AED 180,000 in 2019 and recovered to AED 221,675 by May 2025.
  • At AED 221,675 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 34,300 a year (AED 21.43 per sqft).

Source: Dubai Land Department. Updated 15 May 2025.

Questions about 5309, Cayan Tower

What did unit 5309 last sell for?

AED 3,650,000 on 22 June 2014, sold by the developer: AED 2,280 per sqft for 1,600 sqft. It is the only registered sale of the unit.

What is the rent for unit 5309?

AED 221,675 a year on the contract signed on 15 May 2025. The previous contract, from March 2019, was AED 180,000; the unit has been rented since March 2017.

How big is unit 5309?

1,600 sqft (148.6 sqm): a penthouse on the 53rd floor of a 73-storey tower completed in 2013.

What is unit 5309 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 5309, Cayan Tower

Starts from the last sale price (AED 3.65M, 22 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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