507, Solitaire Cascades
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Solitaire Cascades
What is 507 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 818 sqft
- Floor
- 5th of 8
- Parking
- B1-12
- Developer
- Universal Developers
- Completed
- 2013
- Service charge
- AED 10,200 /yr
- Last sold
- AED 705K · October 2024
- Building
- Solitaire Cascades
About 507, Solitaire Cascades
507 is a one-bedroom apartment of 818 sqft on the 5th floor of Solitaire Cascades, a 8-storey tower in Dubailand Residence Complex completed in 2013 by Universal Developers. It last sold on 16 October 2024 for AED 705,000, or AED 861 per sqft, 29% above the AED 665 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 9 May 2024, is AED 45,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 10,200 a year.
Sales and rents for 507 over time
507 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Solitaire Cascades, and where 507 sits
All 16 1-beds →507 last sold in October 2024 at AED 861 per sqft, 29% above what one-beds in Solitaire Cascades were fetching at the time (AED 665). 507's AED 45,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Dec 202326 December 2023 | 818 sqft | 545,000 | 665 | ||
| 20 Oct 202320 October 2023 | 818 sqft | 540,000 | 659 | ||
| 1 Sep 20231 September 2023 | 847 sqft | 540,000 | 637 | ||
| 3 Oct 20163 October 2016 | 874 sqft | 665,000 | 760 |
Solitaire Cascades
Building32 apartments, 1-bed to 3-bed over 8 floors in Dubailand Residence Complex, completed in 2013 by Universal Developers. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 61K /yr
- Typical yield
Other units on the 5th floor
All 32 units in Solitaire Cascades507, Solitaire Cascades in numbers
- Sold twice: first on 17 February 2015 for AED 707,570, last on 16 October 2024 for AED 705,000 (AED 861 per sqft).
- Rented since March 2015 on 5 Ejari contracts. The rent fell from AED 58,824 to AED 30,000 in 2022 and recovered to AED 45,000 by May 2024.
- At AED 45,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 10,200 a year (AED 12.52 per sqft).
Source: Dubai Land Department. Updated 16 October 2024.
Questions about 507, Solitaire Cascades
What did unit 507 last sell for?
AED 705,000 on 16 October 2024: AED 861 per sqft for 818 sqft. The unit has 2 registered sales; the first was AED 707,570 in February 2015.
What is the rent for unit 507?
AED 45,000 a year on the contract renewed on 9 May 2024. The previous contract, from May 2022, was AED 30,000; the unit has been rented since March 2015.
How big is unit 507?
818 sqft (76.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2013.
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, Solitaire Cascades
Starts from the last sale price (AED 705K, 16 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 705,000
- Deposit, UAE resident (20%)
- AED 141,000
- Deposit, non-resident (40%)
- AED 282,000
- Monthly over 25 years at 3.7%
- AED 2,884
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →