1-bed · 771 sqftContinental Tower, Dubai Marina · 4th floor · completed 2015

407, Continental Tower

Sold prices and rental history: sold twice, last in December 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 27 December 2017
Last soldAED 950K27 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Continental Tower

What is 407 worth today?

Last sold for AED 950,000 in 2017

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27 Dec 2017SoldReady
AED 950,000AED 1,232 per sqft
18 Nov 2014Sold by developerOff-plan
AED 993,827AED 1,288 per sqft

Source: Dubai Land Department. Updated 27 December 2017.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
4th of 29
Parking
B4-35
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 11,900 /yr
Last sold
AED 950K · December 2017

About 407, Continental Tower

407 is a one-bedroom apartment of 771 sqft on the 4th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. It last sold on 27 December 2017 for AED 950,000, or AED 1,232 per sqft, 18% below the AED 1,501 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, 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 993,827 (AED 1,288 per sqft)Sold, December 2017: AED 950,000 (AED 1,232 per sqft)

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

Rents
Unit 407, 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 81,000

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 407 sits

All 77 1-beds →

407 last sold in December 2017 at AED 1,232 per sqft, 18% 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.

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
4051-bedAED 1.46M · Jul 2015
4061-bedAED 1.22M · Jun 2016
4081-bedAED 1.3M · Sep 2023

407, Continental Tower in numbers

  • Sold twice: first on 18 November 2014 for AED 993,827, last on 27 December 2017 for AED 950,000 (AED 1,232 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 27 December 2017.

Questions about 407, Continental Tower

What did unit 407 last sell for?

AED 950,000 on 27 December 2017: AED 1,232 per sqft for 771 sqft. The unit has 2 registered sales; the first was AED 993,827 in November 2014.

How big is unit 407?

771 sqft (71.6 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2015.

What is unit 407 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 407, Continental Tower

Starts from the last sale price (AED 950K, 27 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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