Penthouse · 1,104 sqftCayan Tower, Dubai Marina · 57th floor · completed 2013

5708, Cayan Tower

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5708 · DLD and Ejari recordsUpdated 12 July 2023
Last soldAED 2M12 July 2023
Current rentAED 95K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5708, Cayan Tower

What is 5708 worth today?

Last sold for AED 2,000,100 in 2023

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12 Jul 2023SoldReady
AED 2,000,100AED 1,811 per sqft
1 May 2022RentedRenewal
AED 95,000/yr24 months · AED 86 per sqft
1 May 2021RentedNew contract
AED 85,000/yr12 months · AED 77 per sqft
29 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 77 per sqft
6 May 2020RentedRenewal
AED 89,250/yr6 months · AED 81 per sqft
6 May 2019RentedNew contract
AED 105,000/yr12 months · AED 95 per sqft
17 Apr 2017RentedRenewal
AED 145,000/yr12 months · AED 131 per sqft
17 Apr 2016RentedRenewal
AED 145,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 12 July 2023.

Key facts

Type
Penthouse apartment
Size
1,104 sqft
Floor
57th of 73
Parking
P4-554
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 23,700 /yr
Last sold
AED 2M · July 2023
Building
Cayan Tower

About 5708, Cayan Tower

5708 is a penthouse of 1,104 sqft on the 57th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 12 July 2023 for AED 2,000,100, or AED 1,811 per sqft, 12% above the AED 1,619 penthouses in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 95,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 23,700 a year.

Sales and rents for 5708 over time

Sales
Unit 5708, 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 1,932,600 (AED 1,750 per sqft)Sold, May 2013: AED 1,950,000 (AED 1,766 per sqft)Sold, October 2013: AED 1,932,600 (AED 1,750 per sqft)Sold, July 2023: AED 2,000,100 (AED 1,811 per sqft)

5708 has sold 4 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 5708, each contractTypical penthouse in Cayan Tower
100K200K300K2013201720212025Typical 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, April 2015: AED 145,000 a yearRenewal, April 2016: AED 145,000 a yearRenewal, April 2017: AED 145,000 a yearNew contract, May 2019: AED 105,000 a yearRenewal, May 2020: AED 89,250 a yearNew contract, November 2020: AED 85,000 a yearNew contract, May 2021: AED 85,000 a yearRenewal, May 2022: AED 95,000 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 5708 sits

All 70 penthouses →

5708 last sold in July 2023 at AED 1,811 per sqft, 12% above what penthouses in Cayan Tower were fetching at the time (AED 1,619). 5708's AED 95,000 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 57th floor

All 495 units in Cayan Tower
Value
5701AED 6.25M · Oct 2025
5702PenthouseAED 2.07M · Jun 2018
5703PenthouseAED 1.12M · Nov 2013
5704PenthouseAED 3.3M · Feb 2017
5705PenthouseAED 4.1M · Jan 2023
5706PenthouseAED 3.2M · Nov 2015
5707PenthouseAED 2.15M · Nov 2013
1–7 of 9

5708, Cayan Tower in numbers

  • Sold 4 times: first on 23 April 2009 for AED 1,932,600, last on 12 July 2023 for AED 2,000,100 (AED 1,811 per sqft).
  • Rented since April 2015 on 8 Ejari contracts. The rent fell from AED 145,000 to AED 85,000 in 2021 and recovered to AED 95,000 by May 2022.
  • At AED 95,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 23,700 a year (AED 21.43 per sqft).

Source: Dubai Land Department. Updated 12 July 2023.

Questions about 5708, Cayan Tower

What did unit 5708 last sell for?

AED 2,000,100 on 12 July 2023: AED 1,811 per sqft for 1,104 sqft. The unit has 4 registered sales; the first was AED 1,932,600 in April 2009.

What is the rent for unit 5708?

AED 95,000 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 85,000; the unit has been rented since April 2015.

How big is unit 5708?

1,104 sqft (102.6 sqm): a penthouse on the 57th floor of a 73-storey tower completed in 2013.

What is unit 5708 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 5708, Cayan Tower

Starts from the last sale price (AED 2M, 12 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,100
Deposit, UAE resident (20%)
AED 400,020
Deposit, non-resident (40%)
AED 800,040
Monthly over 25 years at 3.7%
AED 8,183

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