1503, Continental Tower
Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Continental Tower
What is 1503 worth today?
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Source: Dubai Land Department. Updated 25 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,292 sqft
- Floor
- 15th of 29
- Parking
- B2-58
- Developer
- Continental Investments LMD
- Completed
- 2015
- Service charge
- AED 19,900 /yr
- Last sold
- AED 2M · June 2014
- Building
- Continental Tower
About 1503, Continental Tower
1503 is a two-bedroom apartment of 1,292 sqft on the 15th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. The developer sold it on 5 June 2014 for AED 2,003,982, or AED 1,551 per sqft, in line with the AED 1,527 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 130,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 19,900 a year.
Sales and rents for 1503 over time
1503 has sold once; the dashed line is the two-bed median of each year in the building.
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 1503 sits
All 110 2-beds →1503 last sold in June 2014 at AED 1,551 per sqft, in line with what two-beds in Continental Tower were fetching at the time (AED 1,527). 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. 1503's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,231 sqft | 2,050,000 | 1,664 | ||
| 2 Sep 20262 September 2026 | 1,307 sqft | 2,000,000 | 1,530 | ||
| 26 Aug 202626 August 2026 | 1,306 sqft | 2,500,000 | 1,913 | ||
| 24 Aug 202624 August 2026 | 1,307 sqft | 2,510,000 | 1,919 |
Continental Tower
Building208 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%
Other units on the 15th floor
All 208 units in Continental Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,396 sqft | AED 2.1MAED 2,100,000 · May 2024May 2024 | 120,000 /yr | |
| 1502 | 2-bed | 1,227 sqft | AED 1.15MAED 1,150,000 · Sep 2020September 2020 | ||
| 1504 | 2-bed | 1,306 sqft | AED 2.5MAED 2,500,000 · Aug 2026August 2026 | 138,000 /yr | |
| 1505 | 1-bed | 725 sqft | AED 1.19MAED 1,190,000 · Feb 2018February 2018 | 105,000 /yr | |
| 1506 | 1-bed | 738 sqft | AED 1.34MAED 1,340,000 · Mar 2025March 2025 | 92,500 /yr | |
| 1507 | 2-bed | 1,210 sqft | AED 1.2MAED 1,200,000 · Aug 2019August 2019 |
1503, Continental Tower in numbers
- Sold once: by Continental Investments LMD on 5 June 2014 for AED 2,003,982, or AED 1,551 per sqft.
- Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 107,500 to AED 90,000 in 2021 and recovered to AED 130,000 by October 2024.
- At AED 130,000 a year the gross yield on the 2014 price is 6.5%, before a service charge of about AED 19,900 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 25 October 2024.
Questions about 1503, Continental Tower
What did unit 1503 last sell for?
AED 2,003,982 on 5 June 2014, sold by the developer: AED 1,551 per sqft for 1,292 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 130,000 a year on the contract renewed on 25 October 2024. The previous contract, from October 2024, was AED 130,000; the unit has been rented since April 2019.
How big is unit 1503?
1,292 sqft (120.0 sqm): a two-bedroom apartment on the 15th floor of a 29-storey tower completed in 2015.
What is unit 1503 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 1503, Continental Tower
Starts from the last sale price (AED 2M, 5 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,003,982
- Deposit, UAE resident (20%)
- AED 400,796
- Deposit, non-resident (40%)
- AED 801,593
- Monthly over 25 years at 3.7%
- AED 8,199
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →