1-bed · 725 sqftContinental Tower, Dubai Marina · 16th floor · completed 2015

1605, Continental Tower

Sold prices and rental history: sold once, by the developer in August 2014, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 1.17M25 August 2014
Current rentAED 100K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Continental Tower

What is 1605 worth today?

Last sold for AED 1,174,095 in 2014

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25 Oct 2024RentedNew contract
AED 100,000/yr12 months · AED 139 per sqft
25 Aug 2014Sold by developerOff-plan
AED 1,174,095AED 1,619 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
1-bed apartment
Size
725 sqft
Floor
16th of 29
Parking
B3-13
Developer
Continental Investments LMD
Completed
2015
Service charge
AED 11,200 /yr
Last sold
AED 1.17M · August 2014

About 1605, Continental Tower

1605 is a one-bedroom apartment of 725 sqft on the 16th floor of Continental Tower, a 29-storey tower in Dubai Marina completed in 2015 by Continental Investments LMD. The developer sold it on 25 August 2014 for AED 1,174,095, or AED 1,619 per sqft, in line with the AED 1,625 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 October 2024. The current contract, signed on 25 October 2024, is AED 100,000 a year: a gross yield of 8.5% on the 2014 price, before the service charge of about AED 11,200 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical one-bed in Continental Tower
1M1.2M1.4M20142017202020232026Typical 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 1,120,000; 2021 AED 935,000; 2022 AED 975,000; 2023 AED 1,087,500; 2024 AED 1,287,500; 2025 AED 1,350,000Sold by developer, August 2014: AED 1,174,095 (AED 1,619 per sqft)

1605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1605, each contractTypical one-bed in Continental Tower
60K80K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 82,000; 2019 AED 74,000; 2020 AED 60,000; 2021 AED 56,750; 2022 AED 62,700; 2023 AED 77,500; 2024 AED 94,500; 2025 AED 90,000New contract, October 2024: AED 100,000 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 1605 sits

All 76 1-beds →

1605 last sold in August 2014 at AED 1,619 per sqft, in line with what one-beds in Continental Tower were fetching at the time (AED 1,625). 1605's AED 100,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jul 20251,175,000
7 May 20251,360,000
20 Mar 20251,340,000
13 Feb 20251,410,000
0 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. 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 16th floor

All 208 units in Continental Tower
Value
16012-bedAED 1.65M · Aug 2022
16022-bedAED 1.13M · Mar 2020
16032-bedAED 2.35M · Jan 2025
16042-bedAED 1.98M · Jun 2014
16061-bedAED 870K · Nov 2022
16072-bedAED 1.55M · May 2023

1605, Continental Tower in numbers

  • Sold once: by Continental Investments LMD on 25 August 2014 for AED 1,174,095, or AED 1,619 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2014 price is 8.5%, before a service charge of about AED 11,200 a year (AED 15.41 per sqft).

Source: Dubai Land Department. Updated 25 October 2024.

Questions about 1605, Continental Tower

What did unit 1605 last sell for?

AED 1,174,095 on 25 August 2014, sold by the developer: AED 1,619 per sqft for 725 sqft. It is the only registered sale of the unit.

What is the rent for unit 1605?

AED 100,000 a year on the contract signed on 25 October 2024.

How big is unit 1605?

725 sqft (67.4 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2015.

What is unit 1605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1605, Continental Tower

Starts from the last sale price (AED 1.17M, 25 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,174,095
Deposit, UAE resident (20%)
AED 234,819
Deposit, non-resident (40%)
AED 469,638
Monthly over 25 years at 3.7%
AED 4,804

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →