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1-bed · 891 sqftCascades Tower, Dubai Marina · completed 2006

905, Cascades Tower

Sold prices and rental history: sold twice, last in June 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 20 February 2023
Last soldAED 770K4 June 2012
Current rentAED 65K /yr20 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 905, Cascades Tower

What is 905 worth today?

Last sold for AED 770,000 in 2012

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20 Feb 2023RentedRenewal
AED 65,000/yr12 months · AED 73 per sqft
20 Feb 2022RentedRenewal
AED 52,800/yr12 months · AED 59 per sqft
20 Feb 2021RentedNew contract
AED 48,000/yr12 months · AED 54 per sqft
5 Nov 2019RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
15 Oct 2017RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft
25 Mar 2016RentedNew contract
AED 90,000/yr12 months · AED 101 per sqft
10 Apr 2014RentedNew contract
AED 100,000/yr12 months · AED 112 per sqft
4 Jun 2012SoldReady
AED 770,000AED 864 per sqft

Source: Dubai Land Department. Updated 20 February 2023.

Key facts

Type
1-bed apartment
Size
891 sqft
Parking
B-107
Developer
Mustafa bin Abdul Latif Group
Completed
2006
Service charge
AED 19,500 /yr
Last sold
AED 770K · June 2012
Building
Cascades Tower

About 905, Cascades Tower

905 is a one-bedroom apartment of 891 sqft of Cascades Tower, a 13-storey tower in Dubai Marina completed in 2006 by Mustafa bin Abdul Latif Group. It last sold on 4 June 2012 for AED 770,000, or AED 864 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 20 February 2023, is AED 65,000 a year: a gross yield of 8.4% on the 2012 price, before the service charge of about AED 19,500 a year.

Sales and rents for 905 over time

Sales
Unit 905, 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, December 2009: AED 515,000 (AED 577 per sqft)Sold, June 2012: AED 770,000 (AED 864 per sqft)

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

Rents
Unit 905, each contractTypical one-bed in Cascades Tower
50K75K100K2012201620202024Typical 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, April 2014: AED 100,000 a yearNew contract, March 2016: AED 90,000 a yearNew contract, October 2017: AED 75,000 a yearNew contract, November 2019: AED 60,000 a yearNew contract, February 2021: AED 48,000 a yearRenewal, February 2022: AED 52,800 a yearRenewal, February 2023: AED 65,000 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 905 sits

All 25 1-beds →

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. 905's AED 65,000 is at the bottom 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 →

905, Cascades Tower in numbers

  • Sold twice: first on 29 December 2009 for AED 515,000, last on 4 June 2012 for AED 770,000 (AED 864 per sqft).
  • Rented since April 2014 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 48,000 in 2021 and recovered to AED 65,000 by February 2023.
  • At AED 65,000 a year the gross yield on the 2012 price is 8.4%, before a service charge of about AED 19,500 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 20 February 2023.

Questions about 905, Cascades Tower

What did unit 905 last sell for?

AED 770,000 on 4 June 2012: AED 864 per sqft for 891 sqft. The unit has 2 registered sales; the first was AED 515,000 in December 2009.

What is the rent for unit 905?

AED 65,000 a year on the contract renewed on 20 February 2023. The previous contract, from February 2022, was AED 52,800; the unit has been rented since April 2014.

How big is unit 905?

891 sqft (82.8 sqm): a one-bedroom apartment of a 13-storey tower completed in 2006.

What is unit 905 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 905, Cascades Tower

Starts from the last sale price (AED 770K, 4 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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