Cayan Tower — project image
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Cayan Tower

From AED 2.50M·Completed May 2013·Developer payment plan available Payment
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AED 2.50M
Starting Price
May 2013
Handover
Developer payment plan available
Payment Plan
2 BR · Apartments
Type

Project Overview

Cayan Tower is a prestigious 75-storey skyscraper with an unusual architectural design, located in the dynamic neighbourhood of Dubai Marina, Dubai. The tower differs from the surrounding buildings by its spiral shape. The developer of the project is Cayan Group. Cayan Tower includes 495 objects, namely studios, apartments with 1-3 bedrooms and penthouses with magnificent views of the neighbourhood. All apartments in the complex are decorated in a modern style with marble and wood finishes. Each residence has fully equipped kitchens with high quality appliances from leading brands such as Bosch or Siemens. There are also bedrooms with fitted wardrobes, high-speed internet access and digital satellite television. Residents have access to an outdoor swimming pool with Jacuzzi and relaxation area, children's playground, fitness room, spa complex, covered parking and CCTV. There are various shops, pharmacies, retail outlets and supermarkets within walking distance of Cayan Tower. From the tower, it is approximately 21 minutes' drive to Dubai Mall, 12 minutes to Palm Jumeirah, 18 minutes to Burj Al Arab and 10 minutes to The Walk JBR. Dubai International Airport is approximately 30 minutes away and Al Maktoum International Airport is approximately 36 minutes away.

Project Specifications
DeveloperCayan Group
LocationDubai Marina
Unit Types2 BR, Apartments
AreaDubai Marina
OwnershipFreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 107,875 / year
Cash-on-Cash
2.2%
Levered cashflow AED 25,375
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.15M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

Cayan Tower — View 2
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Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Central A/C
Children’s pool
Concierge Service
Covered Parking
Kids Play Area
Lift
Lobby
SPA
Security and CCTV
Shared Jacuzzi
Shared Pool
Shared gym & fitness
Smart home

Location

Dubai Marina

Nearby Destinations

Dubai Marina

Developer and Project Facts

01

Cayan Tower by Cayan Group

02

Located in Dubai Marina

03

Starting from AED 2,500,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: May 2013

06

Official render/gallery images available

Available for Resale

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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