2-bed · 1,308 sqftContinental Tower, Dubai Marina · 10th floor · completed 2015

1004, Continental Tower

Sold prices and rental history: sold twice, last in November 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 26 November 2020
Last soldAED 1.4M26 November 2020
Current rentAED 85K /yr11 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Continental Tower

What is 1004 worth today?

Last sold for AED 1,400,000 in 2020

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26 Nov 2020SoldReady
AED 1,400,000AED 1,070 per sqft
11 May 2020RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
4 Apr 2019RentedNew contract
AED 105,000/yr12 months · AED 81 per sqft
1 Dec 2017RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
1 Jul 2014Sold by developerOff-plan
AED 1,937,640AED 1,481 per sqft

Source: Dubai Land Department. Updated 26 November 2020.

Key facts

Type
2-bed apartment
Size
1,308 sqft
Floor
10th of 29
Parking
B4-55 , B3-47
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 20,100 /yr
Last sold
AED 1.4M · November 2020

About 1004, Continental Tower

1004 is a two-bedroom apartment of 1,308 sqft on the 10th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. It last sold on 26 November 2020 for AED 1,400,000, or AED 1,070 per sqft, 15% above the AED 927 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 11 May 2020, is AED 85,000 a year: a gross yield of 6.1% on the 2020 price, before the service charge of about AED 20,100 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, 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, July 2014: AED 1,937,640 (AED 1,481 per sqft)Sold, November 2020: AED 1,400,000 (AED 1,070 per sqft)

1004 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, 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, December 2017: AED 130,000 a yearNew contract, April 2019: AED 105,000 a yearNew contract, May 2020: AED 85,000 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 1004 sits

All 110 2-beds →

1004 last sold in November 2020 at AED 1,070 per sqft, 15% above what two-beds in Continental Tower were fetching at the time (AED 927). 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. 1004's AED 85,000 is at the bottom 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
10022-bedAED 1.54M · Aug 2014
10032-bedAED 1.75M · Sep 2022
10051-bedAED 1.09M · Dec 2016
10061-bedAED 1.3M · Dec 2024
10071-bedAED 1.41M · Feb 2025
10081-bedAED 1.55M · Sep 2026

1004, Continental Tower in numbers

  • Sold twice: first on 1 July 2014 for AED 1,937,640, last on 26 November 2020 for AED 1,400,000 (AED 1,070 per sqft).
  • Rented since December 2017 on 3 Ejari contracts, from AED 130,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2020 price is 6.1%, before a service charge of about AED 20,100 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 26 November 2020.

Questions about 1004, Continental Tower

What did unit 1004 last sell for?

AED 1,400,000 on 26 November 2020: AED 1,070 per sqft for 1,308 sqft. The unit has 2 registered sales; the first was AED 1,937,640 in July 2014.

What is the rent for unit 1004?

AED 85,000 a year on the contract signed on 11 May 2020. The previous contract, from April 2019, was AED 105,000; the unit has been rented since December 2017.

How big is unit 1004?

1,308 sqft (121.5 sqm): a two-bedroom apartment on the 10th floor of a 29-storey tower completed in 2015.

What is unit 1004 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 1004, Continental Tower

Starts from the last sale price (AED 1.4M, 26 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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