1601, 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.
Property timeline for 1601, Cascades Tower
What is 1601 worth today?
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Source: Dubai Land Department. Updated 2 March 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 3,008 sqft
- Parking
- B-46, B-89
- Developer
- Mustafa bin Abdul Latif Group
- Completed
- 2006
- Service charge
- AED 65,700 /yr
- Last sold
- AED 1.79M · February 2010
- Building
- Cascades Tower
About 1601, Cascades Tower
1601 is a three-bedroom apartment of 3,008 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 1,794,500, or AED 596 per sqft.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 2 March 2026, is AED 160,718 a year: a gross yield of 9.0% on the 2010 price, before the service charge of about AED 65,700 a year.
Sales and rents for 1601 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Cascades Tower, and where 1601 sits
All 5 3-beds →1601's AED 160,718 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Dec 20101 December 2010 | 2,190 sqft | 1,212,500 | 553 | ||
| 1 Dec 20101 December 2010 | 2,190 sqft | 1,261,000 | 575 | ||
| 23 Feb 201023 February 2010 | 2,190 sqft | 1,261,000 | 575 | ||
| 22 Feb 201022 February 2010 | 2,190 sqft | 1,261,000 | 575 |
Cascades Tower
Building5 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%
1601, Cascades Tower in numbers
- Sold once: by Mustafa bin Abdul Latif Group on 22 February 2010 for AED 1,794,500, or AED 596 per sqft.
- Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 200,000 to AED 105,000 in 2021 and recovered to AED 160,718 by March 2026.
- At AED 160,718 a year the gross yield on the 2010 price is 9.0%, before a service charge of about AED 65,700 a year (AED 21.85 per sqft).
Source: Dubai Land Department. Updated 2 March 2026.
Questions about 1601, Cascades Tower
What did unit 1601 last sell for?
AED 1,794,500 on 22 February 2010, sold by the developer: AED 596 per sqft for 3,008 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 160,718 a year on the contract renewed on 2 March 2026. The previous contract, from January 2025, was AED 160,718; the unit has been rented since September 2013.
How big is unit 1601?
3,008 sqft (279.5 sqm): a three-bedroom apartment of a 13-storey tower completed in 2006.
What is unit 1601 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 1601, Cascades Tower
Starts from the last sale price (AED 1.79M, 22 February 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,794,500
- Deposit, UAE resident (20%)
- AED 358,900
- Deposit, non-resident (40%)
- AED 717,800
- Monthly over 25 years at 3.7%
- AED 7,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →