2-bed · 1,292 sqftContinental Tower, Dubai Marina · 25th floor · completed 2015

2503, Continental Tower

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

Unit 2503 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 2.05M1 April 2024
Current rentAED 91K /yr10 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Continental Tower

What is 2503 worth today?

Last sold for AED 2,050,000 in 2024

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1 Apr 2024SoldReady
AED 2,050,000AED 1,587 per sqft
10 Nov 2021RentedNew contract
AED 91,000/yr12 months · AED 70 per sqft
25 Oct 2019RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
7 Oct 2018Sold by developerOff-plan
AED 2,308,800AED 1,787 per sqft
1 Oct 2018RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
2-bed apartment
Size
1,292 sqft
Floor
25th of 29
Parking
B3-42
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 19,900 /yr
Last sold
AED 2.05M · April 2024

About 2503, Continental Tower

2503 is a two-bedroom apartment of 1,292 sqft on the 25th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. It last sold on 1 April 2024 for AED 2,050,000, or AED 1,587 per sqft, 10% above the AED 1,442 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 10 November 2021, is AED 91,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 19,900 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, 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 2018: AED 2,308,800 (AED 1,787 per sqft)Sold, April 2024: AED 2,050,000 (AED 1,587 per sqft)

2503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2503, each contractTypical two-bed in Continental Tower
100K125K2017202020232026Typical 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, October 2018: AED 125,000 a yearNew contract, October 2019: AED 100,000 a yearNew contract, November 2021: AED 91,000 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 2503 sits

All 110 2-beds →

2503 last sold in April 2024 at AED 1,587 per sqft, 10% above what two-beds in Continental Tower were fetching at the time (AED 1,442). 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. 2503's AED 91,000 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 25th floor

All 208 units in Continental Tower
Value
25012-bedAED 2M · Aug 2023
25022-bedAED 1.92M · Jul 2014
25042-bedAED 2.2M · May 2024
25051-bedAED 1.05M · Aug 2022
25061-bedAED 1.08M · Sep 2022
25072-bedAED 2M · Aug 2014

2503, Continental Tower in numbers

  • Sold twice: first on 7 October 2018 for AED 2,308,800, last on 1 April 2024 for AED 2,050,000 (AED 1,587 per sqft).
  • Rented since October 2018 on 3 Ejari contracts, from AED 125,000 to AED 91,000 a year.
  • At AED 91,000 a year the gross yield on the 2024 price is 4.4%, 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 1 April 2024.

Questions about 2503, Continental Tower

What did unit 2503 last sell for?

AED 2,050,000 on 1 April 2024: AED 1,587 per sqft for 1,292 sqft. The unit has 2 registered sales; the first was AED 2,308,800 in October 2018.

What is the rent for unit 2503?

AED 91,000 a year on the contract signed on 10 November 2021. The previous contract, from October 2019, was AED 100,000; the unit has been rented since October 2018.

How big is unit 2503?

1,292 sqft (120.0 sqm): a two-bedroom apartment on the 25th floor of a 29-storey tower completed in 2015.

What is unit 2503 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 2503, Continental Tower

Starts from the last sale price (AED 2.05M, 1 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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