1-bed · 738 sqftContinental Tower, Dubai Marina · 17th floor · completed 2015

1706, Continental Tower

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 2 March 2022
Last soldAED 1.13M18 November 2014
Current rentAED 30K /yr2 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Continental Tower

What is 1706 worth today?

Last sold for AED 1,125,881 in 2014

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2 Mar 2022RentedNew contract
AED 30,000/yr12 months · AED 40 per sqft
14 Feb 2021RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
29 Jun 2020RentedRenewal
AED 63,000/yr12 months · AED 85 per sqft
1 Jul 2019RentedRenewal
AED 72,402/yr12 months · AED 97 per sqft
16 Jun 2018RentedNew contract
AED 78,000/yr12 months · AED 105 per sqft
18 Nov 2014Sold by developerOff-plan
AED 1,125,881AED 1,525 per sqft

Source: Dubai Land Department. Updated 2 March 2022.

Key facts

Type
1-bed apartment
Size
738 sqft
Floor
17th of 29
Parking
B3-20
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 11,400 /yr
Last sold
AED 1.13M · November 2014

About 1706, Continental Tower

1706 is a one-bedroom apartment of 738 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 18 November 2014 for AED 1,125,881, or AED 1,525 per sqft, 5% above the AED 1,451 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 2 March 2022, is AED 30,000 a year: a gross yield of 2.7% on the 2014 price, before the service charge of about AED 11,400 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, each saleTypical one-bed in Continental Tower
1M1.25M2014201820222026Typical sale price by year: 2014 AED 1,107,700; 2015 AED 1,295,720; 2016 AED 1,100,000; 2017 AED 1,175,000; 2018 AED 1,190,000; 2021 AED 935,000; 2022 AED 975,000; 2023 AED 1,100,000; 2024 AED 1,287,500; 2025 AED 1,360,000; 2026 AED 1,400,000Sold by developer, November 2014: AED 1,125,881 (AED 1,525 per sqft)

1706 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1706, each contractTypical one-bed in Continental Tower
50K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 60,000; 2021 AED 57,000; 2022 AED 67,980; 2023 AED 81,500; 2024 AED 92,500; 2025 AED 89,250; 2026 AED 81,000New contract, June 2018: AED 78,000 a yearRenewal, July 2019: AED 72,402 a yearRenewal, June 2020: AED 63,000 a yearNew contract, February 2021: AED 55,000 a yearNew contract, March 2022: AED 30,000 a year

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 1706 sits

All 77 1-beds →

1706 last sold in November 2014 at AED 1,525 per sqft, 5% above what one-beds in Continental Tower were fetching at the time (AED 1,451). 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. 1706's AED 30,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 20261,550,000
2 Jul 20261,300,000
22 May 20261,500,000
8 May 20261,260,000
4 1-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
17012-bedAED 2.1M · Oct 2015
17022-bedAED 1.83M · Jul 2014
17032-bedAED 2.45M · Oct 2017
17042-bedAED 2.27M · Mar 2025
17051-bedAED 1.18M · Nov 2014
17072-bedAED 1.4M · Jun 2014

1706, Continental Tower in numbers

  • Sold once: by Continental Investments LMD on 18 November 2014 for AED 1,125,881, or AED 1,525 per sqft.
  • Rented since June 2018 on 5 Ejari contracts, from AED 78,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2014 price is 2.7%, 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 2 March 2022.

Questions about 1706, Continental Tower

What did unit 1706 last sell for?

AED 1,125,881 on 18 November 2014, sold by the developer: AED 1,525 per sqft for 738 sqft. It is the only registered sale of the unit.

What is the rent for unit 1706?

AED 30,000 a year on the contract signed on 2 March 2022. The previous contract, from February 2021, was AED 55,000; the unit has been rented since June 2018.

How big is unit 1706?

738 sqft (68.6 sqm): a one-bedroom apartment on the 17th floor of a 29-storey tower completed in 2015.

What is unit 1706 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 1706, Continental Tower

Starts from the last sale price (AED 1.13M, 18 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,881
Deposit, UAE resident (20%)
AED 225,176
Deposit, non-resident (40%)
AED 450,352
Monthly over 25 years at 3.7%
AED 4,606

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