1-bed · 754 sqftClayton Residency, Business Bay · 13th floor · completed 2011

1308, Clayton Residency

Sold prices and rental history: sold 4 times, last in May 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1308 · DLD and Ejari recordsUpdated 13 May 2024
Last soldAED 885K13 May 2024
Current rentAED 40K /yr13 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Clayton Residency

What is 1308 worth today?

Last sold for AED 885,000 in 2024

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13 May 2024SoldReady
AED 885,000AED 1,174 per sqft
13 Sep 2020RentedRenewal
AED 40,000/yr12 months · AED 53 per sqft
13 Sep 2019RentedRenewal
AED 55,000/yr12 months · AED 73 per sqft
13 Sep 2018RentedNew contract
AED 68,000/yr12 months · AED 90 per sqft
27 Apr 2017SoldReady
AED 450,000AED 597 per sqft
6 Jan 2014SoldReady
AED 1,117,206AED 1,482 per sqft
8 Jun 2009Sold by developerOff-plan
AED 1,067,206AED 1,415 per sqft

Source: Dubai Land Department. Updated 13 May 2024.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
13th of 19
Parking
B1-43
Developer
Deyaar
Completed
2011
Service charge
AED 10,900 /yr
Last sold
AED 885K · May 2024

About 1308, Clayton Residency

1308 is a one-bedroom apartment of 754 sqft on the 13th floor of Clayton Residency, a 19-storey tower in Business Bay completed in 2011 by Deyaar. It last sold on 13 May 2024 for AED 885,000, or AED 1,174 per sqft, 12% above the AED 1,049 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 13 September 2020, is AED 40,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 10,900 a year.

Sales and rents for 1308 over time

Sales
Unit 1308, each saleTypical one-bed in Clayton Residency
500K1M2009201420192024Typical sale price by year: 2009 AED 1,136,878; 2010 AED 1,098,809; 2011 AED 1,182,695; 2012 AED 1,065,379; 2013 AED 1,135,599; 2014 AED 1,219,885; 2015 AED 1,187,500; 2016 AED 875,000; 2017 AED 995,000; 2018 AED 790,000; 2019 AED 599,549; 2020 AED 750,000; 2021 AED 685,000; 2022 AED 750,000; 2023 AED 820,000; 2024 AED 885,000; 2025 AED 1,107,500; 2026 AED 931,368Sold by developer, June 2009: AED 1,067,206 (AED 1,415 per sqft)Sold, January 2014: AED 1,117,206 (AED 1,482 per sqft)Sold, April 2017: AED 450,000 (AED 597 per sqft)Sold, May 2024: AED 885,000 (AED 1,174 per sqft)

1308 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1308, each contractTypical one-bed in Clayton Residency
40K60K80K2013201720212025Typical rent by year: 2013 AED 60,000; 2014 AED 69,150; 2015 AED 79,000; 2016 AED 78,000; 2017 AED 73,500; 2018 AED 65,000; 2019 AED 57,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 72,500; 2025 AED 78,000; 2026 AED 73,250New contract, September 2018: AED 68,000 a yearRenewal, September 2019: AED 55,000 a yearRenewal, September 2020: AED 40,000 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 Clayton Residency, and where 1308 sits

All 143 1-beds →

1308 last sold in May 2024 at AED 1,174 per sqft, 12% above what one-beds in Clayton Residency were fetching at the time (AED 1,049). Over the last 12 months one-beds sold for AED 610,000 to 1,396,735, around AED 1,156 per sqft, and rent for AED 54,000 to 105,000 a year. 1308's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jul 20261,000,000
14 May 2026931,864
13 May 2026610,000
12 May 2026930,872
7 1-bed sales in the last 12 months

Clayton Residency

Building

163 apartments, 1-bed to 2-bed over 19 floors in Business Bay, completed in 2011 by Deyaar. 9 sold in the last 12 months.

Typical price per sqft
AED 1,236
Typical sale
AED 1M
Typical rent
AED 77K /yr
Typical yield
7.5%
Clayton Residency, Business Bay: prices, sales and rents →

Other units on the 13th floor

All 163 units in Clayton Residency
Value
13011-bedAED 1.2M · Jan 2015
13021-bedAED 753K · Feb 2024
13031-bedAED 1.2M · Jan 2015
13041-bedAED 1.2M · Mar 2016
13051-bedAED 931K · May 2026
13061-bedAED 768K · Feb 2024
13071-bedAED 774K · Feb 2024
1–7 of 9

1308, Clayton Residency in numbers

  • Sold 4 times: first on 8 June 2009 for AED 1,067,206, last on 13 May 2024 for AED 885,000 (AED 1,174 per sqft).
  • Rented since September 2018 on 3 Ejari contracts, from AED 68,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 10,900 a year (AED 14.44 per sqft).
  • One-beds in Clayton Residency sold for AED 610,000–1,396,735 in the 12 months to November 2026; the building's median across all types is AED 1,236 per sqft.

Source: Dubai Land Department. Updated 13 May 2024.

Questions about 1308, Clayton Residency

What did unit 1308 last sell for?

AED 885,000 on 13 May 2024: AED 1,174 per sqft for 754 sqft. The unit has 4 registered sales; the first was AED 1,067,206 in June 2009.

What is the rent for unit 1308?

AED 40,000 a year on the contract renewed on 13 September 2020. The previous contract, from September 2019, was AED 55,000; the unit has been rented since September 2018.

How big is unit 1308?

754 sqft (70.0 sqm): a one-bedroom apartment on the 13th floor of a 19-storey tower completed in 2011.

What is unit 1308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Clayton Residency sold for AED 610,000 to 1,396,735 in the last 12 months, around AED 1,156 per sqft.

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Mortgage on 1308, Clayton Residency

Starts from the last sale price (AED 885K, 13 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 885,000
Deposit, UAE resident (20%)
AED 177,000
Deposit, non-resident (40%)
AED 354,000
Monthly over 25 years at 3.7%
AED 3,621

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