2-bed · 1,569 sqftCascades Tower, Dubai Marina · completed 2006

1503, Cascades Tower

Sold prices and rental history: sold once, by the developer in February 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 8 July 2026
Last soldAED 878K22 February 2010
Current rentAED 160K /yr8 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Cascades Tower

What is 1503 worth today?

Last sold for AED 877,850 in 2010

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8 Jul 2026RentedNew contract
AED 160,000/yr12 months · AED 102 per sqft
3 May 2025RentedRenewal
AED 158,000/yr12 months · AED 101 per sqft
3 May 2024RentedRenewal
AED 158,000/yr12 months · AED 101 per sqft
3 May 2024RentedRenewal
AED 158,000/yr12 months · AED 101 per sqft
3 May 2023RentedNew contract
AED 158,000/yr12 months · AED 101 per sqft
19 Mar 2022RentedNew contract
AED 142,000/yr12 months · AED 90 per sqft
1 Feb 2014RentedNew contract
AED 147,000/yr12 months · AED 94 per sqft
22 Feb 2010Sold by developerReady
AED 877,850AED 559 per sqft

Source: Dubai Land Department. Updated 8 July 2026.

Key facts

Type
2-bed apartment
Size
1,569 sqft
Parking
B-105
Developer
Mustafa bin Abdul Latif Group
Completed
2006
Service charge
AED 34,300 /yr
Last sold
AED 878K · February 2010

About 1503, Cascades Tower

1503 is a two-bedroom apartment of 1,569 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 877,850, or AED 559 per sqft, in line with the AED 561 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 8 July 2026, is AED 160,000 a year: a gross yield of 18.2% on the 2010 price, before the service charge of about AED 34,300 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Cascades Tower
700K800K900K200920102011Typical sale price by year: 2009 AED 715,000; 2010 AED 858,450Sold by developer, February 2010: AED 877,850 (AED 559 per sqft)

1503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Cascades Tower
100K150K2012201620202024Typical 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, February 2014: AED 147,000 a yearNew contract, March 2022: AED 142,000 a yearNew contract, May 2023: AED 158,000 a yearRenewal, May 2024: AED 158,000 a yearRenewal, May 2024: AED 158,000 a yearRenewal, May 2025: AED 158,000 a yearNew contract, July 2026: AED 160,000 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 1503 sits

All 32 2-beds →

1503 last sold in February 2010 at AED 559 per sqft, in line with what two-beds in Cascades Tower were fetching at the time (AED 561). 1503's AED 160,000 is in the upper half 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 →

1503, Cascades Tower in numbers

  • Sold once: by Mustafa bin Abdul Latif Group on 22 February 2010 for AED 877,850, or AED 559 per sqft.
  • Rented since February 2014 on 7 Ejari contracts, from AED 147,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2010 price is 18.2%, before a service charge of about AED 34,300 a year (AED 21.85 per sqft).

Source: Dubai Land Department. Updated 8 July 2026.

Questions about 1503, Cascades Tower

What did unit 1503 last sell for?

AED 877,850 on 22 February 2010, sold by the developer: AED 559 per sqft for 1,569 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 160,000 a year on the contract signed on 8 July 2026. The previous contract, from May 2025, was AED 158,000; the unit has been rented since February 2014.

How big is unit 1503?

1,569 sqft (145.8 sqm): a two-bedroom apartment of a 13-storey tower completed in 2006.

What is unit 1503 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 1503, Cascades Tower

Starts from the last sale price (AED 878K, 22 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 877,850
Deposit, UAE resident (20%)
AED 175,570
Deposit, non-resident (40%)
AED 351,140
Monthly over 25 years at 3.7%
AED 3,592

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