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Penthouse · 5,481 sqftCayan Tower, Dubai Marina · 69th floor · completed 2013

6902, Cayan Tower

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

Unit 6902 · DLD and Ejari recordsUpdated 20 November 2014
Last soldAED 8.85M26 January 2014
Current rentAED 40K /yr20 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 6902, Cayan Tower

What is 6902 worth today?

Last sold for AED 8,853,300 in 2014

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20 Nov 2014RentedNew contract · flagged as an outlier
AED 40,000/yr36 months · AED 7 per sqft
26 Jan 2014SoldReady
AED 8,853,300AED 1,615 per sqft
1 Oct 2013SoldOff-plan
AED 5,645,000AED 1,030 per sqft
23 Oct 2012SoldOff-plan
AED 8,350,000AED 1,523 per sqft
16 Apr 2009Sold by developerOff-plan
AED 8,853,300AED 1,615 per sqft

Source: Dubai Land Department. Updated 20 November 2014.

Key facts

Type
Penthouse apartment
Size
5,481 sqft
Floor
69th of 73
Parking
P3-516, P3-518 , P3-520
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 117,400 /yr
Last sold
AED 8.85M · January 2014
Building
Cayan Tower

About 6902, Cayan Tower

6902 is a penthouse of 5,481 sqft on the 69th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 26 January 2014 for AED 8,853,300, or AED 1,615 per sqft, 15% above the AED 1,403 penthouses in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2014. The current contract, signed on 20 November 2014, is AED 40,000 a year: a gross yield of 0.4% on the 2014 price, before the service charge of about AED 117,400 a year.

Sales and rents for 6902 over time

Sales
Unit 6902, each saleTypical penthouse in Cayan Tower
5M10M2009201420192024Typical 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 8,853,300 (AED 1,615 per sqft)Sold, October 2012: AED 8,350,000 (AED 1,523 per sqft)Sold, October 2013: AED 5,645,000 (AED 1,030 per sqft)Sold, January 2014: AED 8,853,300 (AED 1,615 per sqft)

6902 has sold 4 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 6902, 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 6902 sits

All 70 penthouses →

6902 last sold in January 2014 at AED 1,615 per sqft, 15% above what penthouses in Cayan Tower were fetching at the time (AED 1,403). 6902's AED 40,000 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 69th floor

All 495 units in Cayan Tower
Value
6901PenthouseAED 14.75M · Jun 2014

6902, Cayan Tower in numbers

  • Sold 4 times: first on 16 April 2009 for AED 8,853,300, last on 26 January 2014 for AED 8,853,300 (AED 1,615 per sqft).
  • Rented since November 2014 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 0.4%, before a service charge of about AED 117,400 a year (AED 21.43 per sqft).

Source: Dubai Land Department. Updated 20 November 2014.

Questions about 6902, Cayan Tower

What did unit 6902 last sell for?

AED 8,853,300 on 26 January 2014: AED 1,615 per sqft for 5,481 sqft. The unit has 4 registered sales; the first was AED 8,853,300 in April 2009.

What is the rent for unit 6902?

AED 40,000 a year on the contract signed on 20 November 2014.

How big is unit 6902?

5,481 sqft (509.2 sqm): a penthouse on the 69th floor of a 73-storey tower completed in 2013.

What is unit 6902 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 6902, Cayan Tower

Starts from the last sale price (AED 8.85M, 26 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 8,853,300
Deposit, UAE resident (20%)
AED 1,770,660
Deposit, non-resident (40%)
AED 3,541,320
Monthly over 25 years at 3.7%
AED 36,222

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