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Penthouse · 5,487 sqftCayan Tower, Dubai Marina · 70th floor · completed 2013

7001, Cayan Tower

Sold prices and rental history: sold 3 times, last in July 2024, and rented once, from July 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7001 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 10.75M12 July 2024
Current rentAED 350K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7001, Cayan Tower

What is 7001 worth today?

Last sold for AED 10,750,000 in 2024

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12 Jul 2024SoldReady
AED 10,750,000AED 1,959 per sqft
1 Jul 2021RentedNew contract
AED 350,000/yr12 months · AED 64 per sqft
3 Oct 2013SoldReady
AED 7,200,000AED 1,312 per sqft
9 Apr 2012Sold by developerOff-plan
AED 7,200,000AED 1,312 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
Penthouse apartment
Size
5,487 sqft
Floor
70th of 73
Parking
P3-522, P3-524 , P3-526
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 117,600 /yr
Last sold
AED 10.75M · July 2024
Building
Cayan Tower

About 7001, Cayan Tower

7001 is a penthouse of 5,487 sqft on the 70th 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 2024 for AED 10,750,000, or AED 1,959 per sqft, in line with the AED 1,945 penthouses in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2021. The current contract, signed on 1 July 2021, is AED 350,000 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 117,600 a year.

Sales and rents for 7001 over time

Sales
Unit 7001, 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 2012: AED 7,200,000 (AED 1,312 per sqft)Sold, October 2013: AED 7,200,000 (AED 1,312 per sqft)Sold, July 2024: AED 10,750,000 (AED 1,959 per sqft)

7001 has sold 3 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 7001, each contractTypical penthouse in Cayan Tower
200K300K2013201720212025Typical 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, July 2021: AED 350,000 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 7001 sits

All 70 penthouses →

7001 last sold in July 2024 at AED 1,959 per sqft, in line with what penthouses in Cayan Tower were fetching at the time (AED 1,945). 7001's AED 350,000 is in the upper 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 70th floor

All 495 units in Cayan Tower
Value
7002PenthouseAED 10.2M · Feb 2025

7001, Cayan Tower in numbers

  • Sold 3 times: first on 9 April 2012 for AED 7,200,000, last on 12 July 2024 for AED 10,750,000 (AED 1,959 per sqft).
  • Rented since July 2021 on one Ejari contract, at AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2024 price is 3.3%, before a service charge of about AED 117,600 a year (AED 21.43 per sqft).

Source: Dubai Land Department. Updated 12 July 2024.

Questions about 7001, Cayan Tower

What did unit 7001 last sell for?

AED 10,750,000 on 12 July 2024: AED 1,959 per sqft for 5,487 sqft. The unit has 3 registered sales; the first was AED 7,200,000 in April 2012.

What is the rent for unit 7001?

AED 350,000 a year on the contract signed on 1 July 2021.

How big is unit 7001?

5,487 sqft (509.8 sqm): a penthouse on the 70th floor of a 73-storey tower completed in 2013.

What is unit 7001 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 7001, Cayan Tower

Starts from the last sale price (AED 10.75M, 12 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 10,750,000
Deposit, UAE resident (20%)
AED 2,150,000
Deposit, non-resident (40%)
AED 4,300,000
Monthly over 25 years at 3.7%
AED 43,982

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