Studio · 382 sqftCascades Tower, Dubai Marina · completed 2006

703, Cascades Tower

Sold prices and rental history: sold once, by the developer in February 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 238K22 February 2010
Current rentAED 60K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Cascades Tower

What is 703 worth today?

Last sold for AED 237,650 in 2010

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1 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 159 per sqft
8 Jul 2024RentedNew contract
AED 50,000/yr12 months · AED 131 per sqft
8 Jul 2023RentedRenewal
AED 45,000/yr12 months · AED 119 per sqft
8 Jul 2022RentedNew contract
AED 35,000/yr12 months · AED 93 per sqft
1 Jan 2022RentedNew contract
AED 35,000/yr12 months · AED 93 per sqft
25 Dec 2020RentedNew contract
AED 32,000/yr12 months · AED 85 per sqft
12 Jul 2019RentedNew contract
AED 45,000/yr12 months · AED 119 per sqft
15 Feb 2018RentedNew contract
AED 55,000/yr12 months · AED 146 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
382 sqft
Parking
G-27
Developer
Mustafa bin Abdul Latif Group
Completed
2006
Service charge
AED 8,300 /yr
Last sold
AED 238K · February 2010

About 703, Cascades Tower

703 is a studio of 382 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 22 February 2010 for AED 237,650, or AED 622 per sqft.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 1 September 2025, is AED 60,000 a year: a gross yield of 25.3% on the 2010 price, before the service charge of about AED 8,300 a year.

Sales and rents for 703 over time

Rents
Unit 703, each contractTypical studio in Cascades Tower
40K60K2013201720212025Typical rent by year: 2013 AED 54,000; 2015 AED 70,000; 2016 AED 62,000; 2018 AED 52,500; 2019 AED 42,500; 2020 AED 32,000; 2021 AED 34,000; 2022 AED 44,950; 2023 AED 56,000; 2024 AED 61,500; 2025 AED 61,800New contract, December 2016: AED 60,000 a yearNew contract, February 2018: AED 55,000 a yearNew contract, July 2019: AED 45,000 a yearNew contract, December 2020: AED 32,000 a yearNew contract, January 2022: AED 35,000 a yearNew contract, July 2022: AED 35,000 a yearRenewal, July 2023: AED 45,000 a yearNew contract, July 2024: AED 50,000 a yearNew contract, September 2025: AED 60,000 a year

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

Studios in Cascades Tower, and where 703 sits

All 6 studios →
Recent studio salesUnit no.Price (AED)Summary
23 Jul 2015245,000
4 Sep 2012245,000
7 Mar 2011362,000
23 Feb 2010245,000
0 studio 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 →

703, Cascades Tower in numbers

  • Sold once: by Mustafa bin Abdul Latif Group on 22 February 2010 for AED 237,650, or AED 622 per sqft.
  • Rented since December 2016 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 32,000 in 2020 and recovered to AED 60,000 by September 2025.
  • At AED 60,000 a year the gross yield on the 2010 price is 25.3%, before a service charge of about AED 8,300 a year (AED 21.85 per sqft).

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 703, Cascades Tower

What did unit 703 last sell for?

AED 237,650 on 22 February 2010, sold by the developer: AED 622 per sqft for 382 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 60,000 a year on the contract signed on 1 September 2025. The previous contract, from July 2024, was AED 50,000; the unit has been rented since December 2016.

How big is unit 703?

382 sqft (35.5 sqm): a studio of a 13-storey tower completed in 2006.

What is unit 703 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 703, Cascades Tower

Starts from the last sale price (AED 238K, 22 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 237,650
Deposit, UAE resident (20%)
AED 47,530
Deposit, non-resident (40%)
AED 95,060
Monthly over 25 years at 3.7%
AED 972

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