1-bed · 880 sqftCascades Tower, Dubai Marina · completed 2006

405, Cascades Tower

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 550K20 May 2009
Current rentAED 80K /yr10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Cascades Tower

What is 405 worth today?

Last sold for AED 550,000 in 2009

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10 Jul 2025RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
15 Feb 2025RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
25 Nov 2023RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft
8 Nov 2022RentedNew contract
AED 72,000/yr12 months · AED 82 per sqft
15 Nov 2021RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
6 Dec 2020RentedRenewal
AED 55,000/yr12 months · AED 62 per sqft
6 Dec 2019RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
6 Dec 2018RentedRenewal
AED 70,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
1-bed apartment
Size
880 sqft
Parking
B-51
Developer
Mustafa bin Abdul Latif Group
Completed
2006
Service charge
AED 19,200 /yr
Last sold
AED 550K · May 2009

About 405, Cascades Tower

405 is a one-bedroom apartment of 880 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 20 May 2009 for AED 550,000, or AED 625 per sqft, 8% above the AED 578 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, signed on 10 July 2025, is AED 80,000 a year: a gross yield of 14.5% on the 2009 price, before the service charge of about AED 19,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Cascades Tower
500K750K1M2009201320172021Typical sale price by year: 2009 AED 525,000; 2010 AED 495,000; 2022 AED 800,000; 2023 AED 955,000Sold by developer, May 2009: AED 550,000 (AED 625 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in Cascades Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 77,500; 2014 AED 90,000; 2015 AED 90,000; 2016 AED 90,000; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 63,500; 2020 AED 60,000; 2021 AED 50,000; 2022 AED 62,000; 2023 AED 71,000; 2024 AED 75,000; 2025 AED 82,500; 2026 AED 80,000New contract, December 2012: AED 65,000 a yearNew contract, September 2013: AED 75,000 a yearNew contract, November 2014: AED 93,000 a yearNew contract, December 2015: AED 85,000 a yearNew contract, December 2016: AED 85,000 a yearRenewal, December 2017: AED 78,000 a yearRenewal, December 2018: AED 70,000 a yearRenewal, December 2019: AED 60,000 a yearRenewal, December 2020: AED 55,000 a yearNew contract, November 2021: AED 60,000 a yearNew contract, November 2022: AED 72,000 a yearNew contract, November 2023: AED 75,000 a yearNew contract, February 2025: AED 80,000 a yearNew contract, July 2025: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Cascades Tower, and where 405 sits

All 25 1-beds →

405 last sold in May 2009 at AED 625 per sqft, 8% above what one-beds in Cascades Tower were fetching at the time (AED 578). Over the last 12 months one-beds sold for AED 1,100,000, around AED 1,250 per sqft, and rent for AED 70,000 to 90,000 a year. 405's AED 80,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 20261,100,000
3 Jul 20251,100,000
28 Apr 20251,200,000
10 Oct 20241,300,000
1 1-bed sale 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 →

405, Cascades Tower in numbers

  • Sold once: by Mustafa bin Abdul Latif Group on 20 May 2009 for AED 550,000, or AED 625 per sqft.
  • Rented since December 2012 on 14 Ejari contracts. The rent fell from AED 65,000 to AED 55,000 in 2020 and recovered to AED 80,000 by July 2025.
  • At AED 80,000 a year the gross yield on the 2009 price is 14.5%, before a service charge of about AED 19,200 a year (AED 21.85 per sqft).
  • One-beds in Cascades Tower sold for AED 1,100,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,250 per sqft.

Source: Dubai Land Department. Updated 10 July 2025.

Questions about 405, Cascades Tower

What did unit 405 last sell for?

AED 550,000 on 20 May 2009, sold by the developer: AED 625 per sqft for 880 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 80,000 a year on the contract signed on 10 July 2025. The previous contract, from February 2025, was AED 80,000; the unit has been rented since December 2012.

How big is unit 405?

880 sqft (81.8 sqm): a one-bedroom apartment of a 13-storey tower completed in 2006.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Cascades Tower sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 1,250 per sqft.

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Mortgage on 405, Cascades Tower

Starts from the last sale price (AED 550K, 20 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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