701, Cascades Tower
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Cascades Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 22 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,570 sqft
- Parking
- G-9
- Developer
- Mustafa bin Abdul Latif Group
- Completed
- 2006
- Service charge
- AED 34,300 /yr
- Last sold
- AED 1.78M · July 2024
- Building
- Cascades Tower
About 701, Cascades Tower
701 is a two-bedroom apartment of 1,570 sqft of Cascades Tower, a 13-storey tower in Dubai Marina completed in 2006 by Mustafa bin Abdul Latif Group. It last sold on 22 July 2024 for AED 1,780,000, or AED 1,133 per sqft.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 5 August 2023, is AED 101,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 34,300 a year.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 32 2-beds →701's AED 101,000 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 | ||
| 27 Mar 202427 March 2024 | 1,220 sqft | 1,545,000 | 1,266 | ||
| 22 Jun 202322 June 2023 | 1,220 sqft | 575,000 | 471 |
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%
701, Cascades Tower in numbers
- Sold twice: first on 10 April 2014 for AED 1,000,000, last on 22 July 2024 for AED 1,780,000 (AED 1,133 per sqft).
- Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 88,000 to AED 75,000 in 2021 and recovered to AED 101,000 by August 2023.
- At AED 101,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 34,300 a year (AED 21.85 per sqft).
Source: Dubai Land Department. Updated 22 July 2024.
Questions about 701, Cascades Tower
What did unit 701 last sell for?
AED 1,780,000 on 22 July 2024: AED 1,133 per sqft for 1,570 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in April 2014.
What is the rent for unit 701?
AED 101,000 a year on the contract renewed on 5 August 2023. The previous contract, from August 2022, was AED 87,000; the unit has been rented since August 2019.
How big is unit 701?
1,570 sqft (145.9 sqm): a two-bedroom apartment of a 13-storey tower completed in 2006.
What is unit 701 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 701, Cascades Tower
Starts from the last sale price (AED 1.78M, 22 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,780,000
- Deposit, UAE resident (20%)
- AED 356,000
- Deposit, non-resident (40%)
- AED 712,000
- Monthly over 25 years at 3.7%
- AED 7,283
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →