1-bed · 967 sqftContinental Tower, Dubai Marina · 8th floor · completed 2015

808, Continental Tower

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 7 June 2023
Last soldAED 1.05M7 June 2023
Current rentAED 74K /yr20 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Continental Tower

What is 808 worth today?

Last sold for AED 1,050,000 in 2023

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7 Jun 2023SoldReady
AED 1,050,000AED 1,085 per sqft
20 Dec 2022RentedNew contract
AED 73,500/yr12 months · AED 76 per sqft
20 Dec 2021RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
2 May 2020RentedNew contract
AED 60,000/yr12 months · AED 62 per sqft
20 Dec 2017RentedNew contract
AED 88,000/yr12 months · AED 91 per sqft
28 Oct 2015Sold by developerOff-plan
AED 1,159,554AED 1,252 per sqft

Source: Dubai Land Department. Updated 7 June 2023.

Key facts

Type
1-bed apartment
Size
967 sqft
Floor
8th of 29
Parking
B4-40
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 14,900 /yr
Last sold
AED 1.05M · June 2023

About 808, Continental Tower

808 is a one-bedroom apartment of 967 sqft on the 8th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. It last sold on 7 June 2023 for AED 1,050,000, or AED 1,085 per sqft, 20% below the AED 1,360 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 20 December 2022, is AED 73,500 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 14,900 a year.

Sales and rents for 808 over time

Sales
Unit 808, 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, October 2015: AED 1,159,554 (AED 1,252 per sqft)Sold, June 2023: AED 1,050,000 (AED 1,085 per sqft)

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

Rents
Unit 808, 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 81,000New contract, December 2017: AED 88,000 a yearNew contract, May 2020: AED 60,000 a yearNew contract, December 2021: AED 70,000 a yearNew contract, December 2022: AED 73,500 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 808 sits

All 77 1-beds →

808 last sold in June 2023 at AED 1,085 per sqft, 20% below what one-beds in Continental Tower were fetching at the time (AED 1,360). 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. 808's AED 73,500 is in the lower half 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 8th floor

All 208 units in Continental Tower
Value
8011-bedAED 1.17M · Jul 2016
8022-bedAED 2.05M · Oct 2026
8032-bedAED 3.1M · Nov 2015
8042-bedAED 1.25M · Dec 2020
8051-bedAED 1.5M · May 2026
8061-bedAED 1.23M · Feb 2018
8071-bedAED 1.01M · Aug 2014

808, Continental Tower in numbers

  • Sold twice: first on 28 October 2015 for AED 1,159,554, last on 7 June 2023 for AED 1,050,000 (AED 1,085 per sqft).
  • Rented since December 2017 on 4 Ejari contracts. The rent fell from AED 88,000 to AED 60,000 in 2020 and recovered to AED 73,500 by December 2022.
  • At AED 73,500 a year the gross yield on the 2023 price is 7.0%, 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 7 June 2023.

Questions about 808, Continental Tower

What did unit 808 last sell for?

AED 1,050,000 on 7 June 2023: AED 1,085 per sqft for 967 sqft. The unit has 2 registered sales; the first was AED 1,159,554 in October 2015.

What is the rent for unit 808?

AED 73,500 a year on the contract signed on 20 December 2022. The previous contract, from December 2021, was AED 70,000; the unit has been rented since December 2017.

How big is unit 808?

967 sqft (89.8 sqm): a one-bedroom apartment on the 8th floor of a 29-storey tower completed in 2015.

What is unit 808 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 808, Continental Tower

Starts from the last sale price (AED 1.05M, 7 June 2023). 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 →