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2-bed · 1,227 sqftContinental Tower, Dubai Marina · 18th floor · completed 2015

1802, Continental Tower

Sold prices and rental history: sold twice, last in July 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 2M25 July 2024
Current rentAED 75K /yr2 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1802, Continental Tower

What is 1802 worth today?

Last sold for AED 2,000,000 in 2024

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25 Jul 2024SoldReady
AED 2,000,000AED 1,629 per sqft
2 Oct 2020RentedNew contract
AED 75,000/yr12 months · AED 61 per sqft
6 Sep 2018RentedNew contract
AED 115,000/yr12 months · AED 94 per sqft
26 Mar 2014Sold by developerOff-plan
AED 1,870,503AED 1,524 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
2-bed apartment
Size
1,227 sqft
Floor
18th of 29
Parking
B3-23
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 18,900 /yr
Last sold
AED 2M · July 2024
Building
Continental Tower

About 1802, Continental Tower

1802 is a two-bedroom apartment of 1,227 sqft on the 18th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. It last sold on 25 July 2024 for AED 2,000,000, or AED 1,629 per sqft, in line with the AED 1,587 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 2 October 2020, is AED 75,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, 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, March 2014: AED 1,870,503 (AED 1,524 per sqft)Sold, July 2024: AED 2,000,000 (AED 1,629 per sqft)

1802 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1802, 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, September 2018: AED 115,000 a yearNew contract, October 2020: AED 75,000 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 1802 sits

All 110 2-beds →

1802 last sold in July 2024 at AED 1,629 per sqft, in line with what two-beds in Continental Tower were fetching at the time (AED 1,587). 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. 1802's AED 75,000 is at the bottom 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 18th floor

All 208 units in Continental Tower
Value
18012-bedAED 2.05M · Jun 2014
18032-bedAED 1.6M · May 2019
18042-bedAED 1.61M · Feb 2022
18051-bedAED 1.18M · Jun 2014
18061-bedAED 1.1M · Jun 2024
18072-bedAED 1.4M · Jun 2014

1802, Continental Tower in numbers

  • Sold twice: first on 26 March 2014 for AED 1,870,503, last on 25 July 2024 for AED 2,000,000 (AED 1,629 per sqft).
  • Rented since September 2018 on 2 Ejari contracts, from AED 115,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 18,900 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 July 2024.

Questions about 1802, Continental Tower

What did unit 1802 last sell for?

AED 2,000,000 on 25 July 2024: AED 1,629 per sqft for 1,227 sqft. The unit has 2 registered sales; the first was AED 1,870,503 in March 2014.

What is the rent for unit 1802?

AED 75,000 a year on the contract signed on 2 October 2020. The previous contract, from September 2018, was AED 115,000.

How big is unit 1802?

1,227 sqft (114.0 sqm): a two-bedroom apartment on the 18th floor of a 29-storey tower completed in 2015.

What is unit 1802 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 1802, Continental Tower

Starts from the last sale price (AED 2M, 25 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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