2-bed · 1,156 sqftContinental Tower, Dubai Marina · 10th floor · completed 2015

1002, Continental Tower

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 1.54M25 August 2014
Current rentAED 123K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Continental Tower

What is 1002 worth today?

Last sold for AED 1,535,198 in 2014

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20 Nov 2023RentedRenewal
AED 122,500/yr12 months · AED 106 per sqft
20 Nov 2022RentedRenewal
AED 109,000/yr12 months · AED 95 per sqft
20 Nov 2021RentedRenewal
AED 101,400/yr12 months · AED 88 per sqft
6 Nov 2020RentedRenewal
AED 97,604/yr12 months · AED 85 per sqft
6 Nov 2019RentedRenewal
AED 110,000/yr12 months · AED 96 per sqft
22 Oct 2018RentedNew contract
AED 124,000/yr12 months · AED 108 per sqft
25 Aug 2014Sold by developerOff-plan
AED 1,535,198AED 1,327 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
2-bed apartment
Size
1,156 sqft
Floor
10th of 29
Parking
B4-53
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 17,800 /yr
Last sold
AED 1.54M · August 2014

About 1002, Continental Tower

1002 is a two-bedroom apartment of 1,156 sqft on the 10th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. The developer sold it on 25 August 2014 for AED 1,535,198, or AED 1,327 per sqft, 13% below the AED 1,530 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 20 November 2023, is AED 122,500 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 17,800 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Continental Tower
1M2M2014201820222026Typical sale price by year: 2014 AED 1,977,958; 2015 AED 2,250,005; 2016 AED 1,778,575; 2017 AED 1,860,000; 2018 AED 1,640,000; 2019 AED 1,300,000; 2020 AED 1,200,000; 2022 AED 1,610,000; 2023 AED 1,750,000; 2024 AED 2,075,000; 2025 AED 2,200,000; 2026 AED 2,325,000Sold by developer, August 2014: AED 1,535,198 (AED 1,327 per sqft)

1002 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Continental Tower
100K125K2017202020232026Typical rent by year: 2017 AED 130,000; 2018 AED 125,000; 2019 AED 107,500; 2020 AED 87,918; 2021 AED 85,000; 2022 AED 90,000; 2023 AED 105,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 115,500New contract, October 2018: AED 124,000 a yearRenewal, November 2019: AED 110,000 a yearRenewal, November 2020: AED 97,604 a yearRenewal, November 2021: AED 101,400 a yearRenewal, November 2022: AED 109,000 a yearRenewal, November 2023: AED 122,500 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 Continental Tower, and where 1002 sits

All 110 2-beds →

1002 last sold in August 2014 at AED 1,327 per sqft, 13% below what two-beds in Continental Tower were fetching at the time (AED 1,530). Over the last 12 months two-beds sold for AED 2,000,000 to 2,625,000, around AED 1,693 per sqft, and rent for AED 89,000 to 240,000 a year. 1002's AED 122,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20262,050,000
2 Sep 20262,000,000
26 Aug 20262,500,000
24 Aug 20262,510,000
13 2-bed sales in the last 12 months

Continental Tower

Building

208 apartments, 1-bed to 3-bed over 29 floors in Dubai Marina, completed in 2015 by Continental Investments LMD. 19 sold in the last 12 months.

Typical price per sqft
AED 1,693 Up 0.7%
Typical sale
AED 2.2M
Typical rent
AED 112K /yr
Typical yield
5.7%
Continental Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 208 units in Continental Tower
Value
10011-bedAED 1.2M · Feb 2023
10032-bedAED 1.75M · Sep 2022
10042-bedAED 1.4M · Nov 2020
10051-bedAED 1.09M · Dec 2016
10061-bedAED 1.3M · Dec 2024
10071-bedAED 1.41M · Feb 2025
10081-bedAED 1.55M · Sep 2026

1002, Continental Tower in numbers

  • Sold once: by Continental Investments LMD on 25 August 2014 for AED 1,535,198, or AED 1,327 per sqft.
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 124,000 to AED 97,604 in 2020 and recovered to AED 122,500 by November 2023.
  • At AED 122,500 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 17,800 a year (AED 15.41 per sqft).
  • Two-beds in Continental Tower sold for AED 2,000,000–2,625,000 in the 12 months to November 2026; the building's median across all types is AED 1,693 per sqft.

Source: Dubai Land Department. Updated 20 November 2023.

Questions about 1002, Continental Tower

What did unit 1002 last sell for?

AED 1,535,198 on 25 August 2014, sold by the developer: AED 1,327 per sqft for 1,156 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 122,500 a year on the contract renewed on 20 November 2023. The previous contract, from November 2022, was AED 109,000; the unit has been rented since October 2018.

How big is unit 1002?

1,156 sqft (107.4 sqm): a two-bedroom apartment on the 10th floor of a 29-storey tower completed in 2015.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Continental Tower sold for AED 2,000,000 to 2,625,000 in the last 12 months, around AED 1,693 per sqft.

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Mortgage on 1002, Continental Tower

Starts from the last sale price (AED 1.54M, 25 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,535,198
Deposit, UAE resident (20%)
AED 307,040
Deposit, non-resident (40%)
AED 614,079
Monthly over 25 years at 3.7%
AED 6,281

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