408, Continental Tower
Sold prices and rental history: sold 3 times, last in September 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Continental Tower
What is 408 worth today?
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Source: Dubai Land Department. Updated 21 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 967 sqft
- Floor
- 4th of 29
- Parking
- B2-53
- Developer
- Continental Investments LMD
- Completed
- 2015
- Service charge
- AED 14,900 /yr
- Last sold
- AED 1.3M · September 2023
- Building
- Continental Tower
About 408, Continental Tower
408 is a one-bedroom apartment of 967 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 21 September 2023 for AED 1,300,000, or AED 1,343 per sqft, in line with the AED 1,352 one-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 8 November 2020, is AED 58,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 14,900 a year.
Sales and rents for 408 over time
408 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 77 1-beds →408 last sold in September 2023 at AED 1,343 per sqft, in line with what one-beds in Continental Tower were fetching at the time (AED 1,352). 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. 408's AED 58,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 967 sqft | 1,550,000 | 1,602 | ||
| 2 Jul 20262 July 2026 | 725 sqft | 1,300,000 | 1,793 | ||
| 22 May 202622 May 2026 | 725 sqft | 1,500,000 | 2,067 | ||
| 8 May 20268 May 2026 | 738 sqft | 1,260,000 | 1,707 |
Continental Tower
Building208 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%
Other units on the 4th floor
All 208 units in Continental Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 800 sqft | AED 935KAED 935,000 · Dec 2021December 2021 | 81,000 /yr | |
| 402 | 2-bed | 1,231 sqft | AED 2.18MAED 2,180,000 · Apr 2024April 2024 | 85,000 /yr | |
| 403 | 2-bed | 1,293 sqft | AED 2MAED 2,000,000 · Jun 2016June 2016 | 130,000 /yr | |
| 404 | 2-bed | 1,308 sqft | AED 2.13MAED 2,125,000 · Feb 2024February 2024 | ||
| 405 | 1-bed | 725 sqft | AED 1.46MAED 1,461,900 · Jul 2015July 2015 | 40,000 /yr | |
| 406 | 1-bed | 788 sqft | AED 1.22MAED 1,215,792 · Jun 2016June 2016 | 81,000 /yr | |
| 407 | 1-bed | 771 sqft | AED 950KAED 950,000 · Dec 2017December 2017 |
408, Continental Tower in numbers
- Sold 3 times: first on 17 November 2014 for AED 1,251,967, last on 21 September 2023 for AED 1,300,000 (AED 1,343 per sqft).
- Rented since May 2019 on 2 Ejari contracts, from AED 73,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 14,900 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 21 September 2023.
Questions about 408, Continental Tower
What did unit 408 last sell for?
AED 1,300,000 on 21 September 2023: AED 1,343 per sqft for 967 sqft. The unit has 3 registered sales; the first was AED 1,251,967 in November 2014.
What is the rent for unit 408?
AED 58,000 a year on the contract signed on 8 November 2020. The previous contract, from May 2019, was AED 73,000.
How big is unit 408?
967 sqft (89.8 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2015.
What is unit 408 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 408, Continental Tower
Starts from the last sale price (AED 1.3M, 21 September 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 →