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2-bed · 1,220 sqftCascades Tower, Dubai Marina · completed 2006

1106, Cascades Tower

Sold prices and rental history: sold once, by the developer in February 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 20 February 2021
Last soldAED 674K22 February 2010
Current rentAED 65K /yr20 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1106, Cascades Tower

What is 1106 worth today?

Last sold for AED 674,150 in 2010

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20 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 53 per sqft
28 Jan 2020RentedNew contract
AED 75,000/yr12 months · AED 62 per sqft
1 Nov 2017RentedNew contract
AED 105,000/yr12 months · AED 86 per sqft
1 Nov 2016RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
1 Oct 2014RentedNew contract
AED 125,000/yr12 months · AED 103 per sqft
15 Sep 2013RentedNew contract
AED 93,500/yr12 months · AED 77 per sqft
22 Feb 2010Sold by developerReady
AED 674,150AED 552 per sqft

Source: Dubai Land Department. Updated 20 February 2021.

Key facts

Type
2-bed apartment
Size
1,220 sqft
Parking
B-36
Developer
Mustafa bin Abdul Latif Group
Completed
2006
Service charge
AED 26,700 /yr
Last sold
AED 674K · February 2010
Building
Cascades Tower

About 1106, Cascades Tower

1106 is a two-bedroom apartment of 1,220 sqft of Cascades Tower, a 13-storey tower in Dubai Marina completed in 2006 by Mustafa bin Abdul Latif Group. The developer sold it on 22 February 2010 for AED 674,150, or AED 552 per sqft, in line with the AED 561 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 20 February 2021, is AED 65,000 a year: a gross yield of 9.6% on the 2010 price, before the service charge of about AED 26,700 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical two-bed in Cascades Tower
700K800K200920102011Typical sale price by year: 2009 AED 715,000; 2010 AED 858,450Sold by developer, February 2010: AED 674,150 (AED 552 per sqft)

1106 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1106, each contractTypical two-bed in Cascades Tower
100K2012201620202024Typical rent by year: 2012 AED 94,000; 2013 AED 95,000; 2014 AED 125,000; 2015 AED 127,851; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 88,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 87,000; 2023 AED 94,600; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 120,000New contract, September 2013: AED 93,500 a yearNew contract, October 2014: AED 125,000 a yearNew contract, November 2016: AED 110,000 a yearNew contract, November 2017: AED 105,000 a yearNew contract, January 2020: AED 75,000 a yearNew contract, February 2021: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Cascades Tower, and where 1106 sits

All 32 2-beds →

1106 last sold in February 2010 at AED 552 per sqft, in line with what two-beds in Cascades Tower were fetching at the time (AED 561). 1106's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20252,000,000
28 Jul 20251,820,000
22 Jul 20241,780,000
27 Mar 20241,545,000
0 2-bed sales in the last 12 months

Cascades Tower

Building

5 apartments, studios to 3-bed over 13 floors in Dubai Marina, completed in 2006 by Mustafa bin Abdul Latif Group. 1 sold in the last 12 months.

Typical price per sqft
AED 1,250
Typical sale
AED 1.1M
Typical rent
AED 111K /yr
Typical yield
7.1%
Cascades Tower, Dubai Marina: prices, sales and rents →

1106, Cascades Tower in numbers

  • Sold once: by Mustafa bin Abdul Latif Group on 22 February 2010 for AED 674,150, or AED 552 per sqft.
  • Rented since September 2013 on 6 Ejari contracts, from AED 93,500 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2010 price is 9.6%, before a service charge of about AED 26,700 a year (AED 21.85 per sqft).

Source: Dubai Land Department. Updated 20 February 2021.

Questions about 1106, Cascades Tower

What did unit 1106 last sell for?

AED 674,150 on 22 February 2010, sold by the developer: AED 552 per sqft for 1,220 sqft. It is the only registered sale of the unit.

What is the rent for unit 1106?

AED 65,000 a year on the contract signed on 20 February 2021. The previous contract, from January 2020, was AED 75,000; the unit has been rented since September 2013.

How big is unit 1106?

1,220 sqft (113.3 sqm): a two-bedroom apartment of a 13-storey tower completed in 2006.

What is unit 1106 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 1106, Cascades Tower

Starts from the last sale price (AED 674K, 22 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 674,150
Deposit, UAE resident (20%)
AED 134,830
Deposit, non-resident (40%)
AED 269,660
Monthly over 25 years at 3.7%
AED 2,758

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