1601, Continental Tower
Sold prices and rental history: sold twice, last in August 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Continental Tower
What is 1601 worth today?
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Source: Dubai Land Department. Updated 18 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,396 sqft
- Floor
- 16th of 29
- Parking
- B3-10
- Developer
- Continental Investments LMD
- Completed
- 2015
- Service charge
- AED 21,500 /yr
- Last sold
- AED 1.65M · August 2022
- Building
- Continental Tower
About 1601, Continental Tower
1601 is a two-bedroom apartment of 1,396 sqft on the 16th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. It last sold on 18 August 2022 for AED 1,650,000, or AED 1,181 per sqft, in line with the AED 1,172 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 18 September 2024, is AED 142,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 21,500 a year.
Sales and rents for 1601 over time
1601 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1601 sits
All 104 2-beds →1601 last sold in August 2022 at AED 1,181 per sqft, in line with what two-beds in Continental Tower were fetching at the time (AED 1,172). 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. 1601's AED 142,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 1,307 sqft | 2,200,000 | 1,683 | ||
| 15 Jul 202515 July 2025 | 1,605 sqft | 2,325,000 | 1,448 | ||
| 3 Jul 20253 July 2025 | 1,210 sqft | 1,600,000 | 1,321 | ||
| 26 Jun 202526 June 2025 | 1,394 sqft | 2,500,000 | 1,792 |
Continental Tower
Building208 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%
Other units on the 16th floor
All 208 units in Continental Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 1,227 sqft | AED 1.13MAED 1,125,000 · Mar 2020March 2020 | 145,000 /yr | |
| 1603 | 2-bed | 1,292 sqft | AED 2.35MAED 2,345,000 · Jan 2025January 2025 | 150,000 /yr | |
| 1604 | 2-bed | 1,307 sqft | AED 1.98MAED 1,977,958 · Jun 2014June 2014 | 140,000 /yr | |
| 1605 | 1-bed | 725 sqft | AED 1.17MAED 1,174,095 · Aug 2014August 2014 | 100,000 /yr | |
| 1606 | 1-bed | 738 sqft | AED 870KAED 870,000 · Nov 2022November 2022 | 68,250 /yr | |
| 1607 | 2-bed | 1,210 sqft | AED 1.55MAED 1,550,000 · May 2023May 2023 | 130,000 /yr |
1601, Continental Tower in numbers
- Sold twice: first on 1 July 2014 for AED 1,833,541, last on 18 August 2022 for AED 1,650,000 (AED 1,181 per sqft).
- Rented since August 2019 on 3 Ejari contracts, from AED 95,000 to AED 142,000 a year.
- At AED 142,000 a year the gross yield on the 2022 price is 8.6%, before a service charge of about AED 21,500 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 18 September 2024.
Questions about 1601, Continental Tower
What did unit 1601 last sell for?
AED 1,650,000 on 18 August 2022: AED 1,181 per sqft for 1,396 sqft. The unit has 2 registered sales; the first was AED 1,833,541 in July 2014.
What is the rent for unit 1601?
AED 142,000 a year on the contract renewed on 18 September 2024. The previous contract, from September 2023, was AED 130,000; the unit has been rented since August 2019.
How big is unit 1601?
1,396 sqft (129.7 sqm): a two-bedroom apartment on the 16th floor of a 29-storey tower completed in 2015.
What is unit 1601 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 1601, Continental Tower
Starts from the last sale price (AED 1.65M, 18 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →