1-bed · 771 sqftContinental Tower, Dubai Marina · 3rd floor · completed 2015

307, Continental Tower

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

Unit 307 · DLD and Ejari recordsUpdated 26 February 2023
Last soldAED 1.05M14 January 2018
Current rentAED 50K /yr26 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Continental Tower

What is 307 worth today?

Last sold for AED 1,050,000 in 2018

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26 Feb 2023RentedRenewal
AED 50,400/yr12 months · AED 65 per sqft
26 Feb 2022RentedRenewal
AED 42,000/yr12 months · AED 54 per sqft
26 Feb 2021RentedNew contract
AED 42,000/yr12 months · AED 54 per sqft
1 Oct 2020RentedNew contract
AED 42,000/yr12 months · AED 54 per sqft
14 Jan 2018SoldReady
AED 1,050,000AED 1,362 per sqft
14 Jan 2018RentedNew contract
AED 80,000/yr12 months · AED 103 per sqft
10 Nov 2014Sold by developerOff-plan
AED 885,918AED 1,149 per sqft

Source: Dubai Land Department. Updated 26 February 2023.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
3rd of 29
Parking
B4-14
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 11,900 /yr
Last sold
AED 1.05M · January 2018

About 307, Continental Tower

307 is a one-bedroom apartment of 771 sqft on the 3rd floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. It last sold on 14 January 2018 for AED 1,050,000, or AED 1,362 per sqft, 9% below the AED 1,501 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 26 February 2023, is AED 50,400 a year: a gross yield of 4.8% on the 2018 price, before the service charge of about AED 11,900 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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 885,918 (AED 1,149 per sqft)Sold, January 2018: AED 1,050,000 (AED 1,362 per sqft)

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

Rents
Unit 307, each contractTypical one-bed in Continental Tower
50K75K100K2017202020232026Typical 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, January 2018: AED 80,000 a yearNew contract, October 2020: AED 42,000 a yearNew contract, February 2021: AED 42,000 a yearRenewal, February 2022: AED 42,000 a yearRenewal, February 2023: AED 50,400 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 307 sits

All 77 1-beds →

307 last sold in January 2018 at AED 1,362 per sqft, 9% below what one-beds in Continental Tower were fetching at the time (AED 1,501). 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. 307's AED 50,400 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 3rd floor

All 208 units in Continental Tower
Value
3011-bedNo registered sale
3022-bedNo registered sale
3032-bedNo registered sale
3042-bedNo registered sale
3051-bedNo registered sale
3061-bedNo registered sale
3081-bedNo registered sale

307, Continental Tower in numbers

  • Sold twice: first on 10 November 2014 for AED 885,918, last on 14 January 2018 for AED 1,050,000 (AED 1,362 per sqft).
  • Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 42,000 in 2022 and recovered to AED 50,400 by February 2023.
  • At AED 50,400 a year the gross yield on the 2018 price is 4.8%, before a service charge of about AED 11,900 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 26 February 2023.

Questions about 307, Continental Tower

What did unit 307 last sell for?

AED 1,050,000 on 14 January 2018: AED 1,362 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 885,918 in November 2014.

What is the rent for unit 307?

AED 50,400 a year on the contract renewed on 26 February 2023. The previous contract, from February 2022, was AED 42,000; the unit has been rented since January 2018.

How big is unit 307?

771 sqft (71.6 sqm): a one-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2015.

What is unit 307 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 307, Continental Tower

Starts from the last sale price (AED 1.05M, 14 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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