1603, 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 1603, Cascades Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 26 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,729 sqft
- Parking
- B-38
- Developer
- Mustafa bin Abdul Latif Group
- Completed
- 2006
- Service charge
- AED 37,800 /yr
- Last sold
- AED 994K · November 2010
- Building
- Cascades Tower
About 1603, Cascades Tower
1603 is a two-bedroom apartment of 1,729 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 29 November 2010 for AED 994,250, or AED 575 per sqft, in line with the AED 565 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 26 January 2026, is AED 130,000 a year: a gross yield of 13.1% on the 2010 price, before the service charge of about AED 37,800 a year.
Sales and rents for 1603 over time
1603 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 1603 sits
All 32 2-beds →1603 last sold in November 2010 at AED 575 per sqft, in line with what two-beds in Cascades Tower were fetching at the time (AED 565). 1603's AED 130,000 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%
1603, Cascades Tower in numbers
- Sold once: by Mustafa bin Abdul Latif Group on 29 November 2010 for AED 994,250, or AED 575 per sqft.
- Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 89,250 to AED 75,000 in 2020 and recovered to AED 130,000 by January 2026.
- At AED 130,000 a year the gross yield on the 2010 price is 13.1%, before a service charge of about AED 37,800 a year (AED 21.85 per sqft).
Source: Dubai Land Department. Updated 26 January 2026.
Questions about 1603, Cascades Tower
What did unit 1603 last sell for?
AED 994,250 on 29 November 2010, sold by the developer: AED 575 per sqft for 1,729 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 130,000 a year on the contract signed on 26 January 2026. The previous contract, from September 2024, was AED 130,000; the unit has been rented since September 2013.
How big is unit 1603?
1,729 sqft (160.6 sqm): a two-bedroom apartment of a 13-storey tower completed in 2006.
What is unit 1603 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 1603, Cascades Tower
Starts from the last sale price (AED 994K, 29 November 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 994,250
- Deposit, UAE resident (20%)
- AED 198,850
- Deposit, non-resident (40%)
- AED 397,700
- Monthly over 25 years at 3.7%
- AED 4,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →