2-bed · 1,292 sqftContinental Tower, Dubai Marina · 16th floor · completed 2015

1603, Continental Tower

Sold prices and rental history: sold 3 times, last in January 2025, and rented once, from November 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 7 January 2025
Last soldAED 2.35M7 January 2025
Current rentAED 150K /yr3 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Continental Tower

What is 1603 worth today?

Last sold for AED 2,345,000 in 2025

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7 Jan 2025SoldReady
AED 2,345,000AED 1,815 per sqft
28 Oct 2024SoldReady
AED 1,800,000AED 1,393 per sqft
3 Nov 2023RentedNew contract
AED 150,000/yr12 months · AED 116 per sqft
18 Nov 2014Sold by developerOff-plan
AED 2,108,425AED 1,632 per sqft

Source: Dubai Land Department. Updated 7 January 2025.

Key facts

Type
2-bed apartment
Size
1,292 sqft
Floor
16th of 29
Parking
B3-12
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 19,900 /yr
Last sold
AED 2.35M · January 2025

About 1603, Continental Tower

1603 is a two-bedroom apartment of 1,292 sqft on the 16th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. It last sold on 7 January 2025 for AED 2,345,000, or AED 1,815 per sqft, 12% above the AED 1,625 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 November 2023. The current contract, signed on 3 November 2023, is AED 150,000 a year: a gross yield of 6.4% on the 2025 price, before the service charge of about AED 19,900 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, November 2014: AED 2,108,425 (AED 1,632 per sqft)Sold, October 2024: AED 1,800,000 (AED 1,393 per sqft)Sold, January 2025: AED 2,345,000 (AED 1,815 per sqft)

1603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in Continental Tower
100K150K2017202020232026Typical 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, November 2023: AED 150,000 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 1603 sits

All 110 2-beds →

1603 last sold in January 2025 at AED 1,815 per sqft, 12% above what two-beds in Continental Tower were fetching at the time (AED 1,625). 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. 1603's AED 150,000 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 16th floor

All 208 units in Continental Tower
Value
16012-bedAED 1.65M · Aug 2022
16022-bedAED 2.45M · Mar 2026
16042-bedAED 2M · Sep 2026
16051-bedAED 1.3M · Jul 2026
16061-bedAED 870K · Nov 2022
16072-bedAED 1.55M · May 2023

1603, Continental Tower in numbers

  • Sold 3 times: first on 18 November 2014 for AED 2,108,425, last on 7 January 2025 for AED 2,345,000 (AED 1,815 per sqft).
  • Rented since November 2023 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2025 price is 6.4%, 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 7 January 2025.

Questions about 1603, Continental Tower

What did unit 1603 last sell for?

AED 2,345,000 on 7 January 2025: AED 1,815 per sqft for 1,292 sqft. The unit has 3 registered sales; the first was AED 2,108,425 in November 2014.

What is the rent for unit 1603?

AED 150,000 a year on the contract signed on 3 November 2023.

How big is unit 1603?

1,292 sqft (120.0 sqm): a two-bedroom apartment on the 16th floor of a 29-storey tower completed in 2015.

What is unit 1603 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 1603, Continental Tower

Starts from the last sale price (AED 2.35M, 7 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,345,000
Deposit, UAE resident (20%)
AED 469,000
Deposit, non-resident (40%)
AED 938,000
Monthly over 25 years at 3.7%
AED 9,594

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