1602, Cascades Tower
Sold prices and rental history: sold once, by the developer in November 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 1602, Cascades Tower
What is 1602 worth today?
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Source: Dubai Land Department. Updated 10 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,717 sqft
- Parking
- B-37
- Developer
- Mustafa bin Abdul Latif Group
- Completed
- 2006
- Service charge
- AED 37,500 /yr
- Last sold
- AED 1.06M · November 2010
- Building
- Cascades Tower
About 1602, Cascades Tower
1602 is a two-bedroom apartment of 1,717 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 24 November 2010 for AED 1,062,150, or AED 618 per sqft, 10% above the AED 561 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 10 June 2026, is AED 140,000 a year: a gross yield of 13.2% on the 2010 price, before the service charge of about AED 37,500 a year.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the two-bed median of each year in the building.
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 1602 sits
All 32 2-beds →1602 last sold in November 2010 at AED 618 per sqft, 10% above what two-beds in Cascades Tower were fetching at the time (AED 561). 1602's AED 140,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20258 September 2025 | 1,569 sqft | 2,000,000 | 1,274 | ||
| 28 Jul 202528 July 2025 | 1,569 sqft | 1,820,000 | 1,160 | ||
| 22 Jul 202422 July 2024 | 1,570 sqft | 1,780,000 | 1,133 | ||
| 27 Mar 202427 March 2024 | 1,220 sqft | 1,545,000 | 1,266 |
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%
1602, Cascades Tower in numbers
- Sold once: by Mustafa bin Abdul Latif Group on 24 November 2010 for AED 1,062,150, or AED 618 per sqft.
- Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 135,000 to AED 110,000 in 2021 and recovered to AED 140,000 by June 2026.
- At AED 140,000 a year the gross yield on the 2010 price is 13.2%, before a service charge of about AED 37,500 a year (AED 21.85 per sqft).
Source: Dubai Land Department. Updated 10 June 2026.
Questions about 1602, Cascades Tower
What did unit 1602 last sell for?
AED 1,062,150 on 24 November 2010, sold by the developer: AED 618 per sqft for 1,717 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 140,000 a year on the contract renewed on 10 June 2026. The previous contract, from June 2025, was AED 140,000; the unit has been rented since May 2013.
How big is unit 1602?
1,717 sqft (159.5 sqm): a two-bedroom apartment of a 13-storey tower completed in 2006.
What is unit 1602 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 1602, Cascades Tower
Starts from the last sale price (AED 1.06M, 24 November 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,062,150
- Deposit, UAE resident (20%)
- AED 212,430
- Deposit, non-resident (40%)
- AED 424,860
- Monthly over 25 years at 3.7%
- AED 4,346
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →