Penthouse · 2,970 sqftCayan Tower, Dubai Marina · 55th floor · completed 2013

5505, Cayan Tower

Sold prices and rental history: sold 3 times, last in June 2023, and rented once, from January 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5505 · DLD and Ejari recordsUpdated 15 June 2023
Last soldAED 4.3M15 June 2023
Current rentAED 45K /yr26 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5505, Cayan Tower

What is 5505 worth today?

Last sold for AED 4,300,000 in 2023

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15 Jun 2023SoldReady
AED 4,300,000AED 1,447 per sqft
26 Jan 2021RentedNew contract · flagged as an outlier
AED 45,000/yr12 months · AED 15 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 15 June 2023.

Key facts

Type
Penthouse apartment
Size
2,970 sqft
Floor
55th of 73
Parking
B1-305 , B1-307
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 63,600 /yr
Last sold
AED 4.3M · June 2023
Building
Cayan Tower

About 5505, Cayan Tower

5505 is a penthouse of 2,970 sqft on the 55th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 15 June 2023 for AED 4,300,000, or AED 1,447 per sqft, 5% below the AED 1,518 penthouses in the building were fetching at the time.

One Ejari contract is registered, from 26 January 2021. The current contract, signed on 26 January 2021, is AED 45,000 a year: a gross yield of 1.1% on the 2023 price, before the service charge of about AED 63,600 a year.

Sales and rents for 5505 over time

Sales
Unit 5505, 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, June 2023: AED 4,300,000 (AED 1,447 per sqft)

5505 has sold 3 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 5505, 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 221,675

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 5505 sits

All 70 penthouses →

5505 last sold in June 2023 at AED 1,447 per sqft, 5% below what penthouses in Cayan Tower were fetching at the time (AED 1,518). 5505's AED 45,000 is at the bottom 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 138K /yr
Typical yield
6.4%
Cayan Tower, Dubai Marina: prices, sales and rents →

Other units on the 55th floor

All 495 units in Cayan Tower
Value
5501PenthouseAED 2.7M · Apr 2016
5502PenthouseAED 3.2M · Jul 2025
5503PenthouseAED 1.55M · Oct 2013
5504PenthouseAED 3.4M · Apr 2014
5506PenthouseAED 3.2M · Oct 2013
5507PenthouseAED 2.85M · Nov 2013
5508PenthouseAED 2.5M · Jun 2014
1–7 of 9

5505, Cayan Tower in numbers

  • Sold 3 times: first on 3 May 2012 for AED 3,724,500, last on 15 June 2023 for AED 4,300,000 (AED 1,447 per sqft).
  • Rented since January 2021 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 1.1%, before a service charge of about AED 63,600 a year (AED 21.43 per sqft).

Source: Dubai Land Department. Updated 15 June 2023.

Questions about 5505, Cayan Tower

What did unit 5505 last sell for?

AED 4,300,000 on 15 June 2023: AED 1,447 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 5505?

AED 45,000 a year on the contract signed on 26 January 2021.

How big is unit 5505?

2,970 sqft (275.9 sqm): a penthouse on the 55th floor of a 73-storey tower completed in 2013.

What is unit 5505 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 5505, Cayan Tower

Starts from the last sale price (AED 4.3M, 15 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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