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Penthouse · 2,948 sqftCayan Tower, Dubai Marina · 59th floor · completed 2013

5906, Cayan Tower

Sold prices and rental history: sold twice, last in September 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5906 · DLD and Ejari recordsUpdated 15 September 2022
Last soldAED 4.8M15 September 2022
Current rentAED 200K /yr10 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5906, Cayan Tower

What is 5906 worth today?

Last sold for AED 4,800,000 in 2022

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15 Sep 2022SoldReady
AED 4,800,000AED 1,628 per sqft
10 Mar 2021RentedNew contract
AED 200,000/yr12 months · AED 68 per sqft
1 Mar 2019RentedRenewal
AED 120,346/yr12 months · AED 41 per sqft
1 Mar 2018RentedNew contract
AED 120,000/yr12 months · AED 41 per sqft
29 Dec 2015Sold by developerReady
AED 6,037,000AED 2,048 per sqft

Source: Dubai Land Department. Updated 15 September 2022.

Key facts

Type
Penthouse apartment
Size
2,948 sqft
Floor
59th of 73
Parking
P1-425 , P1-426
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 63,200 /yr
Last sold
AED 4.8M · September 2022
Building
Cayan Tower

About 5906, Cayan Tower

5906 is a penthouse of 2,948 sqft on the 59th 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 September 2022 for AED 4,800,000, or AED 1,628 per sqft, 11% above the AED 1,468 penthouses in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 10 March 2021, is AED 200,000 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 63,200 a year.

Sales and rents for 5906 over time

Sales
Unit 5906, 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, December 2015: AED 6,037,000 (AED 2,048 per sqft)Sold, September 2022: AED 4,800,000 (AED 1,628 per sqft)

5906 has sold twice; the dashed line is the penthouse median of each year in the building.

Rents
Unit 5906, 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 221,675New contract, March 2018: AED 120,000 a yearRenewal, March 2019: AED 120,346 a yearNew contract, March 2021: AED 200,000 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 5906 sits

All 70 penthouses →

5906 last sold in September 2022 at AED 1,628 per sqft, 11% above what penthouses in Cayan Tower were fetching at the time (AED 1,468). 5906's AED 200,000 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 138K /yr
Typical yield
6.4%
Cayan Tower, Dubai Marina: prices, sales and rents →

Other units on the 59th floor

All 495 units in Cayan Tower
Value
5901PenthouseAED 2.78M · Aug 2014
5902PenthouseAED 2.23M · Jun 2018
5903PenthouseAED 2.2M · Dec 2014
5904PenthouseAED 2.19M · Jun 2018
5905PenthouseAED 3.25M · Apr 2021
5907PenthouseAED 3.65M · Mar 2024
5908PenthouseAED 2.55M · Aug 2014
1–7 of 9

5906, Cayan Tower in numbers

  • Sold twice: first on 29 December 2015 for AED 6,037,000, last on 15 September 2022 for AED 4,800,000 (AED 1,628 per sqft).
  • Rented since March 2018 on 3 Ejari contracts, from AED 120,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 63,200 a year (AED 21.43 per sqft).

Source: Dubai Land Department. Updated 15 September 2022.

Questions about 5906, Cayan Tower

What did unit 5906 last sell for?

AED 4,800,000 on 15 September 2022: AED 1,628 per sqft for 2,948 sqft. The unit has 2 registered sales; the first was AED 6,037,000 in December 2015.

What is the rent for unit 5906?

AED 200,000 a year on the contract signed on 10 March 2021. The previous contract, from March 2019, was AED 120,346; the unit has been rented since March 2018.

How big is unit 5906?

2,948 sqft (273.9 sqm): a penthouse on the 59th floor of a 73-storey tower completed in 2013.

What is unit 5906 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 5906, Cayan Tower

Starts from the last sale price (AED 4.8M, 15 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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