2-bed · 1,291 sqftContinental Tower, Dubai Marina · 24th floor · completed 2015

2403, Continental Tower

Sold prices and rental history: sold twice, last in December 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 15 December 2020
Last soldAED 1.5M15 December 2020
Current rentAED 95K /yr2 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Continental Tower

What is 2403 worth today?

Last sold for AED 1,500,000 in 2020

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15 Dec 2020SoldReady
AED 1,500,000AED 1,162 per sqft
2 Oct 2020RentedNew contract
AED 95,000/yr12 months · AED 74 per sqft
28 Aug 2017RentedNew contract
AED 150,000/yr12 months · AED 116 per sqft
1 Jul 2014Sold by developerOff-plan
AED 2,224,081AED 1,723 per sqft

Source: Dubai Land Department. Updated 15 December 2020.

Key facts

Type
2-bed apartment
Size
1,291 sqft
Floor
24th of 29
Parking
B2-55 , B2-56
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 19,900 /yr
Last sold
AED 1.5M · December 2020

About 2403, Continental Tower

2403 is a two-bedroom apartment of 1,291 sqft on the 24th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. It last sold on 15 December 2020 for AED 1,500,000, or AED 1,162 per sqft, 24% above the AED 937 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 2 October 2020, is AED 95,000 a year: a gross yield of 6.3% on the 2020 price, before the service charge of about AED 19,900 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, 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, July 2014: AED 2,224,081 (AED 1,723 per sqft)Sold, December 2020: AED 1,500,000 (AED 1,162 per sqft)

2403 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2403, 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, August 2017: AED 150,000 a yearNew contract, October 2020: AED 95,000 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 2403 sits

All 110 2-beds →

2403 last sold in December 2020 at AED 1,162 per sqft, 24% above what two-beds in Continental Tower were fetching at the time (AED 937). 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. 2403's AED 95,000 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 24th floor

All 208 units in Continental Tower
Value
24012-bedAED 1.8M · Jan 2023
24022-bedAED 2.38M · Nov 2025
24042-bedAED 2.2M · Nov 2024
24051-bedAED 1.09M · Nov 2014
24061-bedAED 1.36M · May 2025
24072-bedAED 1.9M · Aug 2025

2403, Continental Tower in numbers

  • Sold twice: first on 1 July 2014 for AED 2,224,081, last on 15 December 2020 for AED 1,500,000 (AED 1,162 per sqft).
  • Rented since August 2017 on 2 Ejari contracts, from AED 150,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2020 price is 6.3%, 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 15 December 2020.

Questions about 2403, Continental Tower

What did unit 2403 last sell for?

AED 1,500,000 on 15 December 2020: AED 1,162 per sqft for 1,291 sqft. The unit has 2 registered sales; the first was AED 2,224,081 in July 2014.

What is the rent for unit 2403?

AED 95,000 a year on the contract signed on 2 October 2020. The previous contract, from August 2017, was AED 150,000.

How big is unit 2403?

1,291 sqft (119.9 sqm): a two-bedroom apartment on the 24th floor of a 29-storey tower completed in 2015.

What is unit 2403 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 2403, Continental Tower

Starts from the last sale price (AED 1.5M, 15 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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