1-bed · 725 sqftContinental Tower, Dubai Marina · 26th floor · completed 2015

2605, Continental Tower

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2605 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 1.3M5 October 2023
Current rentAED 100K /yr18 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2605, Continental Tower

What is 2605 worth today?

Last sold for AED 1,300,000 in 2023

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5 Oct 2023SoldReady
AED 1,300,000AED 1,793 per sqft
18 Sep 2022RentedNew contract
AED 100,000/yr12 months · AED 139 per sqft
6 Jun 2021SoldReady
AED 950,000AED 1,310 per sqft
1 Dec 2019RentedRenewal
AED 79,000/yr12 months · AED 110 per sqft
16 Nov 2018RentedNew contract
AED 96,000/yr12 months · AED 133 per sqft
1 Oct 2017RentedNew contract
AED 100,000/yr12 months · AED 139 per sqft
31 Dec 2014Sold by developerOff-plan
AED 1,137,460AED 1,569 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
1-bed apartment
Size
725 sqft
Floor
26th of 29
Parking
B2-22
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 11,200 /yr
Last sold
AED 1.3M · October 2023

About 2605, Continental Tower

2605 is a one-bedroom apartment of 725 sqft on the 26th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. It last sold on 5 October 2023 for AED 1,300,000, or AED 1,793 per sqft, 32% above the AED 1,360 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 18 September 2022, is AED 100,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 11,200 a year.

Sales and rents for 2605 over time

Sales
Unit 2605, 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, December 2014: AED 1,137,460 (AED 1,569 per sqft)Sold, June 2021: AED 950,000 (AED 1,310 per sqft)Sold, October 2023: AED 1,300,000 (AED 1,793 per sqft)

2605 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2605, each contractTypical one-bed in Continental Tower
60K80K100K2017202020232026Typical 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, October 2017: AED 100,000 a yearNew contract, November 2018: AED 96,000 a yearRenewal, December 2019: AED 79,000 a yearNew contract, September 2022: AED 100,000 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 2605 sits

All 77 1-beds →

2605 last sold in October 2023 at AED 1,793 per sqft, 32% above what one-beds in Continental Tower were fetching at the time (AED 1,360). 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. 2605's AED 100,000 is in the upper half 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 26th floor

All 208 units in Continental Tower
Value
26012-bedAED 1.7M · May 2023
26022-bedAED 2.44M · Oct 2016
26032-bedAED 2.24M · Jun 2014
26042-bedAED 2.6M · Apr 2026
26061-bedAED 1.3M · Jul 2015
26072-bedAED 2.1M · Aug 2014

2605, Continental Tower in numbers

  • Sold 3 times: first on 31 December 2014 for AED 1,137,460, last on 5 October 2023 for AED 1,300,000 (AED 1,793 per sqft).
  • Rented since October 2017 on 4 Ejari contracts. The rent fell from AED 100,000 to AED 79,000 in 2019 and recovered to AED 100,000 by September 2022.
  • At AED 100,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 11,200 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 5 October 2023.

Questions about 2605, Continental Tower

What did unit 2605 last sell for?

AED 1,300,000 on 5 October 2023: AED 1,793 per sqft for 725 sqft. The unit has 3 registered sales; the first was AED 1,137,460 in December 2014.

What is the rent for unit 2605?

AED 100,000 a year on the contract signed on 18 September 2022. The previous contract, from December 2019, was AED 79,000; the unit has been rented since October 2017.

How big is unit 2605?

725 sqft (67.4 sqm): a one-bedroom apartment on the 26th floor of a 29-storey tower completed in 2015.

What is unit 2605 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 2605, Continental Tower

Starts from the last sale price (AED 1.3M, 5 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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