1-bed · 880 sqftCascades Tower, Dubai Marina · completed 2006

1204, Cascades Tower

Sold prices and rental history: sold 5 times, last in October 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.3M10 October 2024
Current rentAED 76K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Cascades Tower

What is 1204 worth today?

Last sold for AED 1,300,000 in 2024

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10 Oct 2024SoldReady
AED 1,300,000AED 1,477 per sqft
1 Aug 2023RentedNew contract
AED 76,000/yr12 months · AED 86 per sqft
1 Jun 2023SoldReady
AED 1,000,000AED 1,136 per sqft
15 Oct 2013RentedNew contract
AED 95,000/yr12 months · AED 108 per sqft
13 Oct 2011SoldReady
AED 630,000AED 715 per sqft
18 Oct 2009SoldReady
AED 748,800AED 850 per sqft
14 Jul 2009Sold by developerReady
AED 525,000AED 596 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
880 sqft
Parking
B-45
Developer
Mustafa bin Abdul Latif Group
Completed
2006
Service charge
AED 19,200 /yr
Last sold
AED 1.3M · October 2024

About 1204, Cascades Tower

1204 is a one-bedroom apartment of 880 sqft of Cascades Tower, a 13-storey tower in Dubai Marina completed in 2006 by Mustafa bin Abdul Latif Group. It last sold on 10 October 2024 for AED 1,300,000, or AED 1,477 per sqft, 11% above the AED 1,335 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 August 2023, is AED 76,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 19,200 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical one-bed in Cascades Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 525,000; 2010 AED 495,000; 2022 AED 800,000; 2023 AED 955,000Sold by developer, July 2009: AED 525,000 (AED 596 per sqft)Sold, October 2009: AED 748,800 (AED 850 per sqft)Sold, October 2011: AED 630,000 (AED 715 per sqft)Sold, June 2023: AED 1,000,000 (AED 1,136 per sqft)Sold, October 2024: AED 1,300,000 (AED 1,477 per sqft)

1204 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in Cascades Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 77,500; 2014 AED 90,000; 2015 AED 90,000; 2016 AED 90,000; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 63,500; 2020 AED 60,000; 2021 AED 50,000; 2022 AED 62,000; 2023 AED 71,000; 2024 AED 75,000; 2025 AED 82,500; 2026 AED 80,000New contract, October 2013: AED 95,000 a yearNew contract, August 2023: AED 76,000 a year

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

1-beds in Cascades Tower, and where 1204 sits

All 25 1-beds →

1204 last sold in October 2024 at AED 1,477 per sqft, 11% above what one-beds in Cascades Tower were fetching at the time (AED 1,335). Over the last 12 months one-beds sold for AED 1,100,000, around AED 1,250 per sqft, and rent for AED 70,000 to 90,000 a year. 1204's AED 76,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 20261,100,000
3 Jul 20251,100,000
28 Apr 20251,200,000
13 Mar 20241,175,000
1 1-bed sale 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 →

1204, Cascades Tower in numbers

  • Sold 5 times: first on 14 July 2009 for AED 525,000, last on 10 October 2024 for AED 1,300,000 (AED 1,477 per sqft).
  • Rented since October 2013 on 2 Ejari contracts, from AED 95,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 19,200 a year (AED 21.85 per sqft).
  • One-beds in Cascades Tower sold for AED 1,100,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,250 per sqft.

Source: Dubai Land Department. Updated 10 October 2024.

Questions about 1204, Cascades Tower

What did unit 1204 last sell for?

AED 1,300,000 on 10 October 2024: AED 1,477 per sqft for 880 sqft. The unit has 5 registered sales; the first was AED 525,000 in July 2009.

What is the rent for unit 1204?

AED 76,000 a year on the contract signed on 1 August 2023. The previous contract, from October 2013, was AED 95,000.

How big is unit 1204?

880 sqft (81.8 sqm): a one-bedroom apartment of a 13-storey tower completed in 2006.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Cascades Tower sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 1,250 per sqft.

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Mortgage on 1204, Cascades Tower

Starts from the last sale price (AED 1.3M, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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