2-bed · 1,210 sqftContinental Tower, Dubai Marina · 12th floor · completed 2015

1207, Continental Tower

Sold prices and rental history: sold 3 times, last in April 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 6 April 2023
Last soldAED 1.35M6 April 2023
Current rentAED 110K /yr18 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Continental Tower

What is 1207 worth today?

Last sold for AED 1,350,000 in 2023

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6 Apr 2023SoldReady
AED 1,350,000AED 1,115 per sqft
18 Feb 2023RentedNew contract
AED 110,000/yr12 months · AED 91 per sqft
10 Aug 2021RentedRenewal
AED 74,799/yr12 months · AED 62 per sqft
2 Nov 2017RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft
7 Jan 2015SoldOff-plan
AED 1,490,728AED 1,231 per sqft
10 Nov 2014Sold by developerOff-plan
AED 1,479,733AED 1,222 per sqft

Source: Dubai Land Department. Updated 6 April 2023.

Key facts

Type
2-bed apartment
Size
1,210 sqft
Floor
12th of 29
Parking
B3-58
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 18,700 /yr
Last sold
AED 1.35M · April 2023

About 1207, Continental Tower

1207 is a two-bedroom apartment of 1,210 sqft on the 12th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. It last sold on 6 April 2023 for AED 1,350,000, or AED 1,115 per sqft, 11% below the AED 1,252 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 18 February 2023, is AED 110,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical two-bed in Continental Tower
1.5M2M20142017202020232026Typical sale price by year: 2014 AED 1,981,478; 2015 AED 2,170,500; 2016 AED 1,778,575; 2017 AED 1,860,000; 2018 AED 1,615,000; 2019 AED 1,300,000; 2020 AED 1,200,000; 2022 AED 1,605,000; 2023 AED 1,750,000; 2024 AED 2,100,000; 2025 AED 2,235,000Sold by developer, November 2014: AED 1,479,733 (AED 1,222 per sqft)Sold, January 2015: AED 1,490,728 (AED 1,231 per sqft)Sold, April 2023: AED 1,350,000 (AED 1,115 per sqft)

1207 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1207, each contractTypical two-bed in Continental Tower
100K2017202020232026Typical rent by year: 2017 AED 130,000; 2018 AED 125,000; 2019 AED 110,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 90,000; 2023 AED 105,000; 2024 AED 125,000; 2025 AED 122,829; 2026 AED 125,000New contract, November 2017: AED 120,000 a yearRenewal, August 2021: AED 74,799 a yearNew contract, February 2023: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Continental Tower, and where 1207 sits

All 104 2-beds →

1207 last sold in April 2023 at AED 1,115 per sqft, 11% below what two-beds in Continental Tower were fetching at the time (AED 1,252). Over the last 12 months two-beds sold for AED 2,200,000 to 2,375,000, around AED 1,809 per sqft, and rent for AED 100,000 to 200,000 a year. 1207's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20262,200,000
15 Jul 20252,325,000
3 Jul 20251,600,000
26 Jun 20252,500,000
2 2-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. 3 sold in the last 12 months.

Typical price per sqft
AED 1,683
Typical sale
AED 2.38M
Typical rent
AED 110K /yr
Typical yield
6.7%
Continental Tower, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 208 units in Continental Tower
Value
12012-bedAED 1.6M · Nov 2022
12022-bedNo registered sale
12032-bedAED 2M · May 2024
12042-bedNo registered sale
12051-bedAED 1.15M · Feb 2017
12061-bedAED 1.18M · Oct 2017

1207, Continental Tower in numbers

  • Sold 3 times: first on 10 November 2014 for AED 1,479,733, last on 6 April 2023 for AED 1,350,000 (AED 1,115 per sqft).
  • Rented since November 2017 on 3 Ejari contracts. The rent fell from AED 120,000 to AED 74,799 in 2021 and recovered to AED 110,000 by February 2023.
  • At AED 110,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 18,700 a year (AED 15.41 per sqft).
  • Two-beds in Continental Tower sold for AED 2,200,000–2,375,000 in the 12 months to November 2026; the building's median across all types is AED 1,683 per sqft.

Source: Dubai Land Department. Updated 6 April 2023.

Questions about 1207, Continental Tower

What did unit 1207 last sell for?

AED 1,350,000 on 6 April 2023: AED 1,115 per sqft for 1,210 sqft. The unit has 3 registered sales; the first was AED 1,479,733 in November 2014.

What is the rent for unit 1207?

AED 110,000 a year on the contract signed on 18 February 2023. The previous contract, from August 2021, was AED 74,799; the unit has been rented since November 2017.

How big is unit 1207?

1,210 sqft (112.4 sqm): a two-bedroom apartment on the 12th floor of a 29-storey tower completed in 2015.

What is unit 1207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Continental Tower sold for AED 2,200,000 to 2,375,000 in the last 12 months, around AED 1,809 per sqft.

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Mortgage on 1207, Continental Tower

Starts from the last sale price (AED 1.35M, 6 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →