Penthouse · 1,104 sqftCayan Tower, Dubai Marina · 55th floor · completed 2013

5508, Cayan Tower

Sold prices and rental history: sold 4 times, last in June 2014, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5508 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 2.5M23 June 2014
Current rentAED 155K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5508, Cayan Tower

What is 5508 worth today?

Last sold for AED 2,500,000 in 2014

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20 Feb 2026RentedNew contract
AED 155,000/yr12 months · AED 140 per sqft
15 Feb 2025RentedRenewal
AED 150,000/yr12 months · AED 135 per sqft
15 Feb 2024RentedNew contract
AED 150,000/yr12 months · AED 135 per sqft
9 Apr 2023RentedNew contract
AED 140,000/yr12 months · AED 126 per sqft
23 Jun 2014SoldReady
AED 2,500,000AED 2,264 per sqft
29 May 2014SoldReady
AED 1,250,000AED 1,132 per sqft
21 Feb 2011SoldOff-plan
AED 1,250,000AED 1,132 per sqft
15 Apr 2009Sold by developerOff-plan
AED 1,739,340AED 1,575 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
Penthouse apartment
Size
1,104 sqft
Floor
55th of 73
Parking
P5-586
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 23,700 /yr
Last sold
AED 2.5M · June 2014
Building
Cayan Tower

About 5508, Cayan Tower

5508 is a penthouse of 1,104 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 23 June 2014 for AED 2,500,000, or AED 2,264 per sqft, 54% above the AED 1,473 penthouses in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 20 February 2026, is AED 155,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 23,700 a year.

Sales and rents for 5508 over time

Sales
Unit 5508, 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, April 2009: AED 1,739,340 (AED 1,575 per sqft)Sold, February 2011: AED 1,250,000 (AED 1,132 per sqft)Sold, May 2014: AED 1,250,000 (AED 1,132 per sqft)Sold, June 2014: AED 2,500,000 (AED 2,264 per sqft)

5508 has sold 4 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 5508, 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, April 2023: AED 140,000 a yearNew contract, February 2024: AED 150,000 a yearRenewal, February 2025: AED 150,000 a yearNew contract, February 2026: AED 155,000 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 5508 sits

All 70 penthouses →

5508 last sold in June 2014 at AED 2,264 per sqft, 54% above what penthouses in Cayan Tower were fetching at the time (AED 1,473). 5508's AED 155,000 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 139K /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
5505PenthouseAED 4.3M · Jun 2023
5506PenthouseAED 3.2M · Oct 2013
5507PenthouseAED 2.85M · Nov 2013
1–7 of 9

5508, Cayan Tower in numbers

  • Sold 4 times: first on 15 April 2009 for AED 1,739,340, last on 23 June 2014 for AED 2,500,000 (AED 2,264 per sqft).
  • Rented since April 2023 on 4 Ejari contracts, from AED 140,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2014 price is 6.2%, before a service charge of about AED 23,700 a year (AED 21.43 per sqft).

Source: Dubai Land Department. Updated 20 February 2026.

Questions about 5508, Cayan Tower

What did unit 5508 last sell for?

AED 2,500,000 on 23 June 2014: AED 2,264 per sqft for 1,104 sqft. The unit has 4 registered sales; the first was AED 1,739,340 in April 2009.

What is the rent for unit 5508?

AED 155,000 a year on the contract signed on 20 February 2026. The previous contract, from February 2025, was AED 150,000; the unit has been rented since April 2023.

How big is unit 5508?

1,104 sqft (102.6 sqm): a penthouse on the 55th floor of a 73-storey tower completed in 2013.

What is unit 5508 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 5508, Cayan Tower

Starts from the last sale price (AED 2.5M, 23 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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