1-bed · 725 sqftContinental Tower, Dubai Marina · 4th floor · completed 2015

405, Continental Tower

Sold prices and rental history: sold once, by the developer in July 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 15 February 2023
Last soldAED 1.46M5 July 2015
Current rentAED 40K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Continental Tower

What is 405 worth today?

Last sold for AED 1,461,900 in 2015

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15 Feb 2023RentedNew contract
AED 40,000/yr12 months · AED 55 per sqft
11 Jun 2019RentedNew contract
AED 68,000/yr12 months · AED 94 per sqft
18 Jan 2018RentedNew contract
AED 90,000/yr12 months · AED 125 per sqft
5 Jul 2015Sold by developerOff-plan
AED 1,461,900AED 2,015 per sqft

Source: Dubai Land Department. Updated 15 February 2023.

Key facts

Type
1-bed apartment
Size
725 sqft
Floor
4th of 29
Parking
B4-33
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 11,200 /yr
Last sold
AED 1.46M · July 2015

About 405, Continental Tower

405 is a one-bedroom apartment of 725 sqft on the 4th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. The developer sold it on 5 July 2015 for AED 1,461,900, or AED 2,015 per sqft, 36% above the AED 1,484 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 15 February 2023, is AED 40,000 a year: a gross yield of 2.7% on the 2015 price, before the service charge of about AED 11,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Continental Tower
1M1.25M1.5M2014201820222026Typical 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, July 2015: AED 1,461,900 (AED 2,015 per sqft)

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

Rents
Unit 405, 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 90,000 a yearNew contract, June 2019: AED 68,000 a yearNew contract, February 2023: AED 40,000 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 405 sits

All 77 1-beds →

405 last sold in July 2015 at AED 2,015 per sqft, 36% above what one-beds in Continental Tower were fetching at the time (AED 1,484). 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. 405's AED 40,000 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 4th floor

All 208 units in Continental Tower
Value
4011-bedAED 935K · Dec 2021
4022-bedAED 2.18M · Apr 2024
4032-bedAED 2M · Jun 2016
4042-bedAED 2.13M · Feb 2024
4061-bedAED 1.22M · Jun 2016
4071-bedAED 950K · Dec 2017
4081-bedAED 1.3M · Sep 2023

405, Continental Tower in numbers

  • Sold once: by Continental Investments LMD on 5 July 2015 for AED 1,461,900, or AED 2,015 per sqft.
  • Rented since January 2018 on 3 Ejari contracts, from AED 90,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2015 price is 2.7%, 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 15 February 2023.

Questions about 405, Continental Tower

What did unit 405 last sell for?

AED 1,461,900 on 5 July 2015, sold by the developer: AED 2,015 per sqft for 725 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 40,000 a year on the contract signed on 15 February 2023. The previous contract, from June 2019, was AED 68,000; the unit has been rented since January 2018.

How big is unit 405?

725 sqft (67.4 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2015.

What is unit 405 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 405, Continental Tower

Starts from the last sale price (AED 1.46M, 5 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,461,900
Deposit, UAE resident (20%)
AED 292,380
Deposit, non-resident (40%)
AED 584,760
Monthly over 25 years at 3.7%
AED 5,981

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