1-bed · 738 sqftContinental Tower, Dubai Marina · 14th floor · completed 2015

1406, Continental Tower

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 28 January 2024
Last soldAED 1.03M10 January 2016
Current rentAED 80K /yr28 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Continental Tower

What is 1406 worth today?

Last sold for AED 1,026,261 in 2016

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28 Jan 2024RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
28 Jan 2024RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
15 Dec 2022RentedRenewal
AED 74,584/yr12 months · AED 100 per sqft
15 Dec 2021RentedNew contract
AED 71,000/yr12 months · AED 96 per sqft
1 Aug 2020RentedRenewal
AED 64,000/yr12 months · AED 86 per sqft
1 Aug 2019RentedNew contract
AED 71,500/yr12 months · AED 96 per sqft
13 Apr 2018RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
10 Jan 2016Sold by developerOff-plan
AED 1,026,261AED 1,390 per sqft

Source: Dubai Land Department. Updated 28 January 2024.

Key facts

Type
1-bed apartment
Size
738 sqft
Floor
14th of 29
Parking
B3-74
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 11,400 /yr
Last sold
AED 1.03M · January 2016

About 1406, Continental Tower

1406 is a one-bedroom apartment of 738 sqft on the 14th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. The developer sold it on 10 January 2016 for AED 1,026,261, or AED 1,390 per sqft, 21% below the AED 1,756 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 28 January 2024, is AED 80,000 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 11,400 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical one-bed in Continental Tower
1M1.25M2014201820222026Typical sale price by year: 2014 AED 1,107,700; 2015 AED 1,295,720; 2016 AED 1,100,000; 2017 AED 1,175,000; 2018 AED 1,190,000; 2021 AED 935,000; 2022 AED 975,000; 2023 AED 1,100,000; 2024 AED 1,287,500; 2025 AED 1,360,000; 2026 AED 1,400,000Sold by developer, January 2016: AED 1,026,261 (AED 1,390 per sqft)

1406 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, each contractTypical one-bed in Continental Tower
60K80K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 60,000; 2021 AED 57,000; 2022 AED 67,980; 2023 AED 81,500; 2024 AED 92,500; 2025 AED 89,250; 2026 AED 81,000New contract, April 2018: AED 80,000 a yearNew contract, August 2019: AED 71,500 a yearRenewal, August 2020: AED 64,000 a yearNew contract, December 2021: AED 71,000 a yearRenewal, December 2022: AED 74,584 a yearNew contract, January 2024: AED 80,000 a yearNew contract, January 2024: AED 80,000 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 Continental Tower, and where 1406 sits

All 77 1-beds →

1406 last sold in January 2016 at AED 1,390 per sqft, 21% below what one-beds in Continental Tower were fetching at the time (AED 1,756). Over the last 12 months one-beds sold for AED 1,260,000 to 1,550,000, around AED 1,750 per sqft, and rent for AED 63,000 to 126,000 a year. 1406's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 20261,550,000
2 Jul 20261,300,000
22 May 20261,500,000
8 May 20261,260,000
4 1-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 14th floor

All 208 units in Continental Tower
Value
14012-bedAED 1.63M · Mar 2022
14022-bedAED 1.83M · Feb 2023
14032-bedAED 1.86M · Jan 2016
14042-bedAED 2.12M · Sep 2017
14051-bedAED 991K · Jan 2016
14072-bedAED 2.05M · Jun 2025

1406, Continental Tower in numbers

  • Sold once: by Continental Investments LMD on 10 January 2016 for AED 1,026,261, or AED 1,390 per sqft.
  • Rented since April 2018 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 64,000 in 2020 and recovered to AED 80,000 by January 2024.
  • At AED 80,000 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 11,400 a year (AED 15.41 per sqft).
  • One-beds in Continental Tower sold for AED 1,260,000–1,550,000 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 28 January 2024.

Questions about 1406, Continental Tower

What did unit 1406 last sell for?

AED 1,026,261 on 10 January 2016, sold by the developer: AED 1,390 per sqft for 738 sqft. It is the only registered sale of the unit.

What is the rent for unit 1406?

AED 80,000 a year on the contract signed on 28 January 2024. The previous contract, from January 2024, was AED 80,000; the unit has been rented since April 2018.

How big is unit 1406?

738 sqft (68.6 sqm): a one-bedroom apartment on the 14th floor of a 29-storey tower completed in 2015.

What is unit 1406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Continental Tower sold for AED 1,260,000 to 1,550,000 in the last 12 months, around AED 1,750 per sqft.

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Mortgage on 1406, Continental Tower

Starts from the last sale price (AED 1.03M, 10 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,026,261
Deposit, UAE resident (20%)
AED 205,252
Deposit, non-resident (40%)
AED 410,504
Monthly over 25 years at 3.7%
AED 4,199

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