505, Continental Tower
Sold prices and rental history: sold twice, last in June 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Continental Tower
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 September 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 725 sqft
- Floor
- 5th of 29
- Parking
- B4-20
- Developer
- Continental Investments LMD
- Completed
- 2015
- Service charge
- AED 11,200 /yr
- Last sold
- AED 1.08M · June 2015
- Building
- Continental Tower
About 505, Continental Tower
505 is a one-bedroom apartment of 725 sqft on the 5th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. It last sold on 3 June 2015 for AED 1,075,000, or AED 1,481 per sqft, in line with the AED 1,481 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 September 2021, is AED 46,000 a year: a gross yield of 4.3% on the 2015 price, before the service charge of about AED 11,200 a year.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 77 1-beds →505 last sold in June 2015 at AED 1,481 per sqft, in line with what one-beds in Continental Tower were fetching at the time (AED 1,481). 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. 505's AED 46,000 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 5th floor
All 208 units in Continental Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 800 sqft | No registered sale | ||
| 502 | 2-bed | 1,231 sqft | No registered sale | 110,000 /yr | |
| 503 | 2-bed | 1,293 sqft | No registered sale | 105,000 /yr | |
| 504 | 2-bed | 1,308 sqft | No registered sale | 185,000 /yr | |
| 506 | 1-bed | 788 sqft | No registered sale | ||
| 507 | 1-bed | 771 sqft | No registered sale | ||
| 508 | 1-bed | 967 sqft | No registered sale | 56,000 /yr |
505, Continental Tower in numbers
- Sold twice: first on 9 November 2014 for AED 913,550, last on 3 June 2015 for AED 1,075,000 (AED 1,481 per sqft).
- Rented since January 2018 on 4 Ejari contracts, from AED 77,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2015 price is 4.3%, 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 1 September 2021.
Questions about 505, Continental Tower
What did unit 505 last sell for?
AED 1,075,000 on 3 June 2015: AED 1,481 per sqft for 725 sqft. The unit has 2 registered sales; the first was AED 913,550 in November 2014.
What is the rent for unit 505?
AED 46,000 a year on the contract signed on 1 September 2021. The previous contract, from September 2020, was AED 46,000; the unit has been rented since January 2018.
How big is unit 505?
725 sqft (67.4 sqm): a one-bedroom apartment on the 5th floor of a 29-storey tower completed in 2015.
What is unit 505 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 505, Continental Tower
Starts from the last sale price (AED 1.08M, 3 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,075,000
- Deposit, UAE resident (20%)
- AED 215,000
- Deposit, non-resident (40%)
- AED 430,000
- Monthly over 25 years at 3.7%
- AED 4,398
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →