2-bed · 1,098 sqftClayton Residency, Business Bay · 16th floor · completed 2011

1605, Clayton Residency

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 10 March 2024
Last soldAED 1.21M26 December 2012
Current rentAED 82K /yr10 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Clayton Residency

What is 1605 worth today?

Last sold for AED 1,207,503 in 2012

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10 Mar 2024RentedRenewal
AED 82,225/yr12 months · AED 75 per sqft
10 Mar 2023RentedNew contract
AED 74,750/yr12 months · AED 68 per sqft
10 Mar 2022RentedNew contract
AED 65,000/yr12 months · AED 59 per sqft
5 Feb 2021RentedNew contract
AED 55,000/yr12 months · AED 50 per sqft
10 Dec 2019RentedNew contract
AED 65,000/yr12 months · AED 59 per sqft
1 Mar 2015RentedRenewal
AED 90,562/yr12 months · AED 83 per sqft
1 Mar 2014RentedNew contract
AED 78,750/yr12 months · AED 72 per sqft
26 Dec 2012Sold by developerReady
AED 1,207,503AED 1,100 per sqft

Source: Dubai Land Department. Updated 10 March 2024.

Key facts

Type
2-bed apartment
Size
1,098 sqft
Floor
16th of 19
Parking
B1-12,13
Developer
Deyaar
Completed
2011
Service charge
AED 15,900 /yr
Last sold
AED 1.21M · December 2012

About 1605, Clayton Residency

1605 is a two-bedroom apartment of 1,098 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 26 December 2012 for AED 1,207,503, or AED 1,100 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 10 March 2024, is AED 82,225 a year: a gross yield of 6.8% on the 2012 price, before the service charge of about AED 15,900 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical two-bed in Clayton Residency
1.25M1.5M1.75M2009201320172021Typical 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, December 2012: AED 1,207,503 (AED 1,100 per sqft)

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

Rents
Unit 1605, each contractTypical two-bed in Clayton Residency
50K75K100K2013201720212025Typical 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, March 2014: AED 78,750 a yearRenewal, March 2015: AED 90,562 a yearNew contract, December 2019: AED 65,000 a yearNew contract, February 2021: AED 55,000 a yearNew contract, March 2022: AED 65,000 a yearNew contract, March 2023: AED 74,750 a yearRenewal, March 2024: AED 82,225 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 1605 sits

All 20 2-beds →

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. 1605's AED 82,225 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
16022-bedAED 2.06M · Jun 2014
16032-bedAED 1.2M · Jan 2013
16042-bedAED 1.53M · Mar 2025
16062-bedAED 1.64M · Aug 2014

1605, Clayton Residency in numbers

  • Sold once: by Deyaar on 26 December 2012 for AED 1,207,503, or AED 1,100 per sqft.
  • Rented since March 2014 on 7 Ejari contracts. The rent fell from AED 78,750 to AED 55,000 in 2021 and recovered to AED 82,225 by March 2024.
  • At AED 82,225 a year the gross yield on the 2012 price is 6.8%, before a service charge of about AED 15,900 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 10 March 2024.

Questions about 1605, Clayton Residency

What did unit 1605 last sell for?

AED 1,207,503 on 26 December 2012, sold by the developer: AED 1,100 per sqft for 1,098 sqft. It is the only registered sale of the unit.

What is the rent for unit 1605?

AED 82,225 a year on the contract renewed on 10 March 2024. The previous contract, from March 2023, was AED 74,750; the unit has been rented since March 2014.

How big is unit 1605?

1,098 sqft (102.0 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2011.

What is unit 1605 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 1605, Clayton Residency

Starts from the last sale price (AED 1.21M, 26 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,207,503
Deposit, UAE resident (20%)
AED 241,501
Deposit, non-resident (40%)
AED 483,001
Monthly over 25 years at 3.7%
AED 4,940

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