2-bed · 1,185 sqftClayton Residency, Business Bay · 16th floor · completed 2011

1602, Clayton Residency

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 2 April 2025
Last soldAED 2.06M16 June 2014
Current rentAED 100K /yr2 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Clayton Residency

What is 1602 worth today?

Last sold for AED 2,057,597 in 2014

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2 Apr 2025RentedRenewal
AED 100,000/yr12 months · AED 84 per sqft
2 Apr 2024RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
20 Dec 2023RentedRenewal
AED 82,500/yr12 months · AED 70 per sqft
20 Dec 2022RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
27 Jul 2021RentedNew contract
AED 60,000/yr12 months · AED 51 per sqft
23 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 51 per sqft
1 Oct 2019RentedRenewal
AED 95,000/yr12 months · AED 80 per sqft
1 Oct 2018RentedRenewal
AED 110,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 2 April 2025.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
16th of 19
Parking
B1-06,07
Developer
Deyaar
Completed
2011
Service charge
AED 17,100 /yr
Last sold
AED 2.06M · June 2014

About 1602, Clayton Residency

1602 is a two-bedroom apartment of 1,185 sqft on the 16th floor of Clayton Residency, a 19-storey tower in Business Bay completed in 2011 by Deyaar. The developer sold it on 16 June 2014 for AED 2,057,597, or AED 1,736 per sqft, 25% above the AED 1,393 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 2 April 2025, is AED 100,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 17,100 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical two-bed in Clayton Residency
1.5M2M2009201320172021Typical sale price by year: 2009 AED 1,690,195; 2013 AED 1,459,164; 2014 AED 1,657,791; 2023 AED 1,500,000Sold by developer, June 2014: AED 2,057,597 (AED 1,736 per sqft)

1602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in Clayton Residency
75K100K2013201720212025Typical rent by year: 2013 AED 79,425; 2014 AED 90,840; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 83,500; 2019 AED 75,000; 2020 AED 68,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 82,500; 2024 AED 97,476; 2025 AED 100,000; 2026 AED 108,750New contract, October 2013: AED 84,000 a yearNew contract, October 2015: AED 110,000 a yearRenewal, October 2016: AED 110,000 a yearNew contract, October 2017: AED 110,000 a yearRenewal, October 2018: AED 110,000 a yearRenewal, October 2019: AED 95,000 a yearNew contract, September 2020: AED 60,000 a yearNew contract, July 2021: AED 60,000 a yearNew contract, December 2022: AED 75,000 a yearRenewal, December 2023: AED 82,500 a yearNew contract, April 2024: AED 100,000 a yearRenewal, April 2025: AED 100,000 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 Clayton Residency, and where 1602 sits

All 20 2-beds →

1602 last sold in June 2014 at AED 1,736 per sqft, 25% above what two-beds in Clayton Residency were fetching at the time (AED 1,393). Over the last 12 months two-beds sold for AED 1,600,000 to 2,100,000, around AED 1,636 per sqft, and rent for AED 80,000 to 130,000 a year. 1602's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jul 20261,600,000
9 Mar 20262,100,000
20 Mar 20251,525,000
25 Oct 20231,100,000
2 2-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 16th floor

All 163 units in Clayton Residency
Value
16011-bedAED 1.54M · Jun 2015
16032-bedAED 1.2M · Jan 2013
16042-bedAED 1.53M · Mar 2025
16052-bedAED 1.21M · Dec 2012
16062-bedAED 1.64M · Aug 2014

1602, Clayton Residency in numbers

  • Sold once: by Deyaar on 16 June 2014 for AED 2,057,597, or AED 1,736 per sqft.
  • Rented since October 2013 on 12 Ejari contracts. The rent fell from AED 84,000 to AED 60,000 in 2021 and recovered to AED 100,000 by April 2025.
  • At AED 100,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 17,100 a year (AED 14.44 per sqft).
  • Two-beds in Clayton Residency sold for AED 1,600,000–2,100,000 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 2 April 2025.

Questions about 1602, Clayton Residency

What did unit 1602 last sell for?

AED 2,057,597 on 16 June 2014, sold by the developer: AED 1,736 per sqft for 1,185 sqft. It is the only registered sale of the unit.

What is the rent for unit 1602?

AED 100,000 a year on the contract renewed on 2 April 2025. The previous contract, from April 2024, was AED 100,000; the unit has been rented since October 2013.

How big is unit 1602?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2011.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Clayton Residency sold for AED 1,600,000 to 2,100,000 in the last 12 months, around AED 1,636 per sqft.

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Mortgage on 1602, Clayton Residency

Starts from the last sale price (AED 2.06M, 16 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,057,597
Deposit, UAE resident (20%)
AED 411,519
Deposit, non-resident (40%)
AED 823,039
Monthly over 25 years at 3.7%
AED 8,418

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