2-bed · 1,307 sqftContinental Tower, Dubai Marina · 12th floor · completed 2015

1204, Continental Tower

Sold prices and rental history: no registered sale, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 17 March 2024
Current rentAED 105K /yr17 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Continental Tower

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17 Mar 2024RentedRenewal
AED 104,500/yr12 months · AED 80 per sqft
17 Mar 2024RentedRenewal
AED 104,500/yr12 months · AED 80 per sqft
17 Mar 2023RentedRenewal
AED 104,500/yr12 months · AED 80 per sqft
17 Mar 2023RentedRenewal
AED 104,500/yr12 months · AED 80 per sqft
17 Mar 2022RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
15 Oct 2021RentedRenewal
AED 85,000/yr12 months · AED 65 per sqft
15 Oct 2020RentedRenewal
AED 83,000/yr12 months · AED 64 per sqft
15 Oct 2019RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 17 March 2024.

Key facts

Type
2-bed apartment
Size
1,307 sqft
Floor
12th of 29
Parking
B3-55
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 20,100 /yr
Last sold
No registered sale

About 1204, Continental Tower

1204 is a two-bedroom apartment of 1,307 sqft on the 12th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 17 March 2024, is AED 104,500 a year, before the service charge of about AED 20,100 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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 2,325,000

No registered sale of 1204; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Continental Tower
75K100K125K2017202020232026Typical 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, January 2018: AED 130,000 a yearNew contract, October 2019: AED 100,000 a yearRenewal, October 2020: AED 83,000 a yearRenewal, October 2021: AED 85,000 a yearNew contract, March 2022: AED 90,000 a yearRenewal, March 2023: AED 104,500 a yearRenewal, March 2023: AED 104,500 a yearRenewal, March 2024: AED 104,500 a yearRenewal, March 2024: AED 104,500 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 1204 sits

All 110 2-beds →

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. 1204's AED 104,500 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 12th floor

All 208 units in Continental Tower
Value
12012-bedAED 1.6M · Nov 2022
12022-bedNo registered sale
12032-bedAED 2M · May 2024
12051-bedAED 1.15M · Feb 2017
12061-bedAED 1.18M · Oct 2017
12072-bedAED 1.35M · Apr 2023

1204, Continental Tower in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since January 2018 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 83,000 in 2020 and recovered to AED 104,500 by March 2024.
  • 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 17 March 2024.

Questions about 1204, Continental Tower

What is the rent for unit 1204?

AED 104,500 a year on the contract renewed on 17 March 2024. The previous contract, from March 2024, was AED 104,500; the unit has been rented since January 2018.

How big is unit 1204?

1,307 sqft (121.4 sqm): a two-bedroom apartment on the 12th floor of a 29-storey tower completed in 2015.

What is unit 1204 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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