2-bed · 1,227 sqftContinental Tower, Dubai Marina · 15th floor · completed 2015

1502, Continental Tower

Sold prices and rental history: sold twice, last in September 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 24 September 2020
Last soldAED 1.15M24 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Continental Tower

What is 1502 worth today?

Last sold for AED 1,150,000 in 2020

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24 Sep 2020SoldReady
AED 1,150,000AED 937 per sqft
15 Jul 2014Sold by developerOff-plan
AED 1,849,948AED 1,507 per sqft

Source: Dubai Land Department. Updated 24 September 2020.

Key facts

Type
2-bed apartment
Size
1,227 sqft
Floor
15th of 29
Parking
B3-5
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 18,900 /yr
Last sold
AED 1.15M · September 2020

About 1502, Continental Tower

1502 is a two-bedroom apartment of 1,227 sqft on the 15th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. It last sold on 24 September 2020 for AED 1,150,000, or AED 937 per sqft, in line with the AED 937 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1502 over time

Sales
Unit 1502, 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 1,849,948 (AED 1,507 per sqft)Sold, September 2020: AED 1,150,000 (AED 937 per sqft)

1502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1502, 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 115,500

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 1502 sits

All 110 2-beds →

1502 last sold in September 2020 at AED 937 per sqft, in line with what two-beds in Continental Tower were fetching at the time (AED 937). 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.

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 15th floor

All 208 units in Continental Tower
Value
15012-bedAED 2.1M · May 2024
15032-bedAED 2M · Jun 2014
15042-bedAED 2.5M · Aug 2026
15051-bedAED 1.19M · Feb 2018
15061-bedAED 1.34M · Mar 2025
15072-bedAED 1.2M · Aug 2019

1502, Continental Tower in numbers

  • Sold twice: first on 15 July 2014 for AED 1,849,948, last on 24 September 2020 for AED 1,150,000 (AED 937 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 24 September 2020.

Questions about 1502, Continental Tower

What did unit 1502 last sell for?

AED 1,150,000 on 24 September 2020: AED 937 per sqft for 1,227 sqft. The unit has 2 registered sales; the first was AED 1,849,948 in July 2014.

How big is unit 1502?

1,227 sqft (114.0 sqm): a two-bedroom apartment on the 15th floor of a 29-storey tower completed in 2015.

What is unit 1502 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 1502, Continental Tower

Starts from the last sale price (AED 1.15M, 24 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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