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

1506, Cascades Tower

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 7 May 2026
Last soldAED 715K14 July 2009
Current rentAED 110K /yr7 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1506, Cascades Tower

What is 1506 worth today?

Last sold for AED 715,000 in 2009

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7 May 2026RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
1 Mar 2026RentedNew contract
AED 120,000/yr12 months · AED 99 per sqft
18 Dec 2021RentedNew contract
AED 75,000/yr12 months · AED 62 per sqft
24 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 49 per sqft
1 Jul 2019RentedNew contract
AED 85,000/yr12 months · AED 70 per sqft
25 Apr 2017RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
14 Jul 2009Sold by developerReady
AED 715,000AED 586 per sqft

Source: Dubai Land Department. Updated 7 May 2026.

Key facts

Type
2-bed apartment
Size
1,220 sqft
Parking
B-81
Developer
Mustafa bin Abdul Latif Group
Completed
2006
Service charge
AED 26,700 /yr
Last sold
AED 715K · July 2009
Building
Cascades Tower

About 1506, Cascades Tower

1506 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 14 July 2009 for AED 715,000, or AED 586 per sqft, 4% above the AED 561 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 7 May 2026, is AED 110,000 a year: a gross yield of 15.4% on the 2009 price, before the service charge of about AED 26,700 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical two-bed in Cascades Tower
700K800K200920102011Typical sale price by year: 2009 AED 715,000; 2010 AED 858,450Sold by developer, July 2009: AED 715,000 (AED 586 per sqft)

1506 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, each contractTypical two-bed in Cascades Tower
50K100K2012201620202024Typical 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, April 2017: AED 110,000 a yearNew contract, July 2019: AED 85,000 a yearNew contract, November 2020: AED 60,000 a yearNew contract, December 2021: AED 75,000 a yearNew contract, March 2026: AED 120,000 a yearNew contract, May 2026: AED 110,000 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 1506 sits

All 32 2-beds →

1506 last sold in July 2009 at AED 586 per sqft, 4% above what two-beds in Cascades Tower were fetching at the time (AED 561). 1506's AED 110,000 is in the lower 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 →

1506, Cascades Tower in numbers

  • Sold once: by Mustafa bin Abdul Latif Group on 14 July 2009 for AED 715,000, or AED 586 per sqft.
  • Rented since April 2017 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2020 and recovered to AED 110,000 by May 2026.
  • At AED 110,000 a year the gross yield on the 2009 price is 15.4%, before a service charge of about AED 26,700 a year (AED 21.85 per sqft).

Source: Dubai Land Department. Updated 7 May 2026.

Questions about 1506, Cascades Tower

What did unit 1506 last sell for?

AED 715,000 on 14 July 2009, sold by the developer: AED 586 per sqft for 1,220 sqft. It is the only registered sale of the unit.

What is the rent for unit 1506?

AED 110,000 a year on the contract signed on 7 May 2026. The previous contract, from March 2026, was AED 120,000; the unit has been rented since April 2017.

How big is unit 1506?

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

What is unit 1506 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 1506, Cascades Tower

Starts from the last sale price (AED 715K, 14 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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