1606, Continental Tower
Sold prices and rental history: sold 3 times, last in November 2022, 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 1606, Continental Tower
What is 1606 worth today?
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Source: Dubai Land Department. Updated 30 March 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 738 sqft
- Floor
- 16th of 29
- Parking
- B3-14
- Developer
- Continental Investments LMD
- Completed
- 2015
- Service charge
- AED 11,400 /yr
- Last sold
- AED 870K · November 2022
- Building
- Continental Tower
About 1606, Continental Tower
1606 is a one-bedroom apartment of 738 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 1 November 2022 for AED 870,000, or AED 1,179 per sqft, in line with the AED 1,199 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 30 March 2023, is AED 68,250 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 11,400 a year.
Sales and rents for 1606 over time
1606 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1606 sits
All 77 1-beds →1606 last sold in November 2022 at AED 1,179 per sqft, in line with what one-beds in Continental Tower were fetching at the time (AED 1,199). 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. 1606's AED 68,250 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 967 sqft | 1,550,000 | 1,602 | ||
| 2 Jul 20262 July 2026 | 725 sqft | 1,300,000 | 1,793 | ||
| 22 May 202622 May 2026 | 725 sqft | 1,500,000 | 2,067 | ||
| 8 May 20268 May 2026 | 738 sqft | 1,260,000 | 1,707 |
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 16th floor
All 208 units in Continental Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,396 sqft | AED 1.65MAED 1,650,000 · Aug 2022August 2022 | 118,723 /yr | |
| 1602 | 2-bed | 1,227 sqft | AED 2.45MAED 2,450,000 · Mar 2026March 2026 | 145,000 /yr | |
| 1603 | 2-bed | 1,292 sqft | AED 2.35MAED 2,345,000 · Jan 2025January 2025 | 150,000 /yr | |
| 1604 | 2-bed | 1,307 sqft | AED 2MAED 2,000,000 · Sep 2026September 2026 | 107,000 /yr | |
| 1605 | 1-bed | 725 sqft | AED 1.3MAED 1,300,000 · Jul 2026July 2026 | 70,000 /yr | |
| 1607 | 2-bed | 1,210 sqft | AED 1.55MAED 1,550,000 · May 2023May 2023 | 130,000 /yr |
1606, Continental Tower in numbers
- Sold 3 times: first on 18 November 2014 for AED 1,121,413, last on 1 November 2022 for AED 870,000 (AED 1,179 per sqft).
- Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 55,000 in 2021 and recovered to AED 68,250 by March 2023.
- At AED 68,250 a year the gross yield on the 2022 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 30 March 2023.
Questions about 1606, Continental Tower
What did unit 1606 last sell for?
AED 870,000 on 1 November 2022: AED 1,179 per sqft for 738 sqft. The unit has 3 registered sales; the first was AED 1,121,413 in November 2014.
What is the rent for unit 1606?
AED 68,250 a year on the contract signed on 30 March 2023. The previous contract, from March 2022, was AED 65,000; the unit has been rented since April 2019.
How big is unit 1606?
738 sqft (68.6 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2015.
What is unit 1606 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 1606, Continental Tower
Starts from the last sale price (AED 870K, 1 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →