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

507, Cascades Tower

Sold prices and rental history: sold once, by the developer in November 2010, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 5 May 2025
Last soldAED 760K29 November 2010
Current rentAED 120K /yr5 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Cascades Tower

What is 507 worth today?

Last sold for AED 760,000 in 2010

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5 May 2025RentedNew contract
AED 120,000/yr12 months · AED 99 per sqft
1 Jun 2024RentedNew contract
AED 120,000/yr12 months · AED 99 per sqft
1 Jun 2024RentedNew contract
AED 120,000/yr12 months · AED 99 per sqft
20 Jan 2022RentedNew contract
AED 90,000/yr12 months · AED 74 per sqft
1 Feb 2018RentedNew contract
AED 108,000/yr12 months · AED 89 per sqft
29 Nov 2010Sold by developerReady
AED 760,000AED 622 per sqft

Source: Dubai Land Department. Updated 5 May 2025.

Key facts

Type
2-bed apartment
Size
1,220 sqft
Parking
G-8
Developer
Mustafa bin Abdul Latif Group
Completed
2006
Service charge
AED 26,700 /yr
Last sold
AED 760K · November 2010
Building
Cascades Tower

About 507, Cascades Tower

507 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 29 November 2010 for AED 760,000, or AED 622 per sqft, 10% above the AED 565 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 5 May 2025, is AED 120,000 a year: a gross yield of 15.8% on the 2010 price, before the service charge of about AED 26,700 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Cascades Tower
700K800K200920102011Typical sale price by year: 2009 AED 715,000; 2010 AED 858,450Sold by developer, November 2010: AED 760,000 (AED 622 per sqft)

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

Rents
Unit 507, each contractTypical two-bed in Cascades Tower
75K100K125K2012201620202024Typical 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, February 2018: AED 108,000 a yearNew contract, January 2022: AED 90,000 a yearNew contract, June 2024: AED 120,000 a yearNew contract, June 2024: AED 120,000 a yearNew contract, May 2025: AED 120,000 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 507 sits

All 32 2-beds →

507 last sold in November 2010 at AED 622 per sqft, 10% above what two-beds in Cascades Tower were fetching at the time (AED 565). 507's AED 120,000 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 →

507, Cascades Tower in numbers

  • Sold once: by Mustafa bin Abdul Latif Group on 29 November 2010 for AED 760,000, or AED 622 per sqft.
  • Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 108,000 to AED 90,000 in 2022 and recovered to AED 120,000 by May 2025.
  • At AED 120,000 a year the gross yield on the 2010 price is 15.8%, before a service charge of about AED 26,700 a year (AED 21.85 per sqft).

Source: Dubai Land Department. Updated 5 May 2025.

Questions about 507, Cascades Tower

What did unit 507 last sell for?

AED 760,000 on 29 November 2010, sold by the developer: AED 622 per sqft for 1,220 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 120,000 a year on the contract signed on 5 May 2025. The previous contract, from June 2024, was AED 120,000; the unit has been rented since February 2018.

How big is unit 507?

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

What is unit 507 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 507, Cascades Tower

Starts from the last sale price (AED 760K, 29 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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