2-bed · 1,045 sqftClayton Residency, Business Bay · 16th floor · completed 2011

1606, Clayton Residency

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 15 September 2022
Last soldAED 1.64M19 August 2014
Current rentAED 70K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Clayton Residency

What is 1606 worth today?

Last sold for AED 1,641,868 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Sep 2022RentedNew contract
AED 70,000/yr12 months · AED 67 per sqft
1 Sep 2021RentedNew contract
AED 54,000/yr12 months · AED 52 per sqft
10 Apr 2020RentedNew contract
AED 70,000/yr12 months · AED 67 per sqft
10 Apr 2019RentedNew contract
AED 75,000/yr12 months · AED 72 per sqft
10 Apr 2018RentedNew contract
AED 83,500/yr12 months · AED 80 per sqft
19 Aug 2014Sold by developerReady
AED 1,641,868AED 1,570 per sqft

Source: Dubai Land Department. Updated 15 September 2022.

Key facts

Type
2-bed apartment
Size
1,045 sqft
Floor
16th of 19
Parking
B1-14,15
Developer
Deyaar
Completed
2011
Service charge
AED 15,100 /yr
Last sold
AED 1.64M · August 2014

About 1606, Clayton Residency

1606 is a two-bedroom apartment of 1,045 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 19 August 2014 for AED 1,641,868, or AED 1,570 per sqft, 9% above the AED 1,435 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 September 2022, is AED 70,000 a year: a gross yield of 4.3% on the 2014 price, before the service charge of about AED 15,100 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical two-bed in Clayton Residency
1.6M2009201320172021Typical 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, August 2014: AED 1,641,868 (AED 1,570 per sqft)

1606 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1606, each contractTypical two-bed in Clayton Residency
50K100K2013201720212025Typical 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, April 2018: AED 83,500 a yearNew contract, April 2019: AED 75,000 a yearNew contract, April 2020: AED 70,000 a yearNew contract, September 2021: AED 54,000 a yearNew contract, September 2022: AED 70,000 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 1606 sits

All 20 2-beds →

1606 last sold in August 2014 at AED 1,570 per sqft, 9% above what two-beds in Clayton Residency were fetching at the time (AED 1,435). 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. 1606's AED 70,000 is at the bottom 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
16052-bedAED 1.21M · Dec 2012

1606, Clayton Residency in numbers

  • Sold once: by Deyaar on 19 August 2014 for AED 1,641,868, or AED 1,570 per sqft.
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 83,500 to AED 54,000 in 2021 and recovered to AED 70,000 by September 2022.
  • At AED 70,000 a year the gross yield on the 2014 price is 4.3%, before a service charge of about AED 15,100 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 15 September 2022.

Questions about 1606, Clayton Residency

What did unit 1606 last sell for?

AED 1,641,868 on 19 August 2014, sold by the developer: AED 1,570 per sqft for 1,045 sqft. It is the only registered sale of the unit.

What is the rent for unit 1606?

AED 70,000 a year on the contract signed on 15 September 2022. The previous contract, from September 2021, was AED 54,000; the unit has been rented since April 2018.

How big is unit 1606?

1,045 sqft (97.1 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2011.

What is unit 1606 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.

Selling 1606? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1606, Clayton Residency

Starts from the last sale price (AED 1.64M, 19 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,641,868
Deposit, UAE resident (20%)
AED 328,374
Deposit, non-resident (40%)
AED 656,747
Monthly over 25 years at 3.7%
AED 6,717

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