2-bed · 1,396 sqftContinental Tower, Dubai Marina · 17th floor · completed 2015

1701, Continental Tower

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 30 January 2023
Last soldAED 2.1M28 October 2015
Current rentAED 120K /yr30 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, Continental Tower

What is 1701 worth today?

Last sold for AED 2,096,154 in 2015

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30 Jan 2023RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
1 Feb 2022RentedRenewal
AED 88,000/yr12 months · AED 63 per sqft
1 Feb 2021RentedNew contract
AED 80,000/yr12 months · AED 58 per sqft
16 Mar 2019RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft
28 Oct 2015Sold by developerOff-plan
AED 2,096,154AED 1,501 per sqft

Source: Dubai Land Department. Updated 30 January 2023.

Key facts

Type
2-bed apartment
Size
1,396 sqft
Floor
17th of 29
Parking
B3-16
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 21,500 /yr
Last sold
AED 2.1M · October 2015

About 1701, Continental Tower

1701 is a two-bedroom apartment of 1,396 sqft on the 17th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. The developer sold it on 28 October 2015 for AED 2,096,154, or AED 1,501 per sqft, in line with the AED 1,474 two-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 January 2023, is AED 120,000 a year: a gross yield of 5.7% on the 2015 price, before the service charge of about AED 21,500 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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, October 2015: AED 2,096,154 (AED 1,501 per sqft)

1701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, each contractTypical two-bed in Continental Tower
75K100K125K2017202020232026Typical 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, March 2019: AED 130,000 a yearNew contract, February 2021: AED 80,000 a yearRenewal, February 2022: AED 88,000 a yearNew contract, January 2023: AED 120,000 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 1701 sits

All 110 2-beds →

1701 last sold in October 2015 at AED 1,501 per sqft, in line with what two-beds in Continental Tower were fetching at the time (AED 1,474). 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. 1701's AED 120,000 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 17th floor

All 208 units in Continental Tower
Value
17022-bedAED 1.83M · Jul 2014
17032-bedAED 2.45M · Oct 2017
17042-bedAED 2.27M · Mar 2025
17051-bedAED 1.18M · Nov 2014
17061-bedAED 1.13M · Nov 2014
17072-bedAED 1.4M · Jun 2014

1701, Continental Tower in numbers

  • Sold once: by Continental Investments LMD on 28 October 2015 for AED 2,096,154, or AED 1,501 per sqft.
  • Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2021 and recovered to AED 120,000 by January 2023.
  • At AED 120,000 a year the gross yield on the 2015 price is 5.7%, before a service charge of about AED 21,500 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 30 January 2023.

Questions about 1701, Continental Tower

What did unit 1701 last sell for?

AED 2,096,154 on 28 October 2015, sold by the developer: AED 1,501 per sqft for 1,396 sqft. It is the only registered sale of the unit.

What is the rent for unit 1701?

AED 120,000 a year on the contract signed on 30 January 2023. The previous contract, from February 2022, was AED 88,000; the unit has been rented since March 2019.

How big is unit 1701?

1,396 sqft (129.7 sqm): a two-bedroom apartment on the 17th floor of a 29-storey tower completed in 2015.

What is unit 1701 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 1701, Continental Tower

Starts from the last sale price (AED 2.1M, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,096,154
Deposit, UAE resident (20%)
AED 419,231
Deposit, non-resident (40%)
AED 838,462
Monthly over 25 years at 3.7%
AED 8,576

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