Studio · 519 sqftClaren Podium, Downtown Dubai · 2nd floor · completed 2012

202, Claren Podium

Sold prices and rental history: sold twice, last in September 2013, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 1 August 2020
Last soldAED 1.26M10 September 2013
Current rentAED 40K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Claren Podium

What is 202 worth today?

Last sold for AED 1,259,888 in 2013

Unlock today's estimate, updated daily, with

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

1 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
1 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 135 per sqft
15 Aug 2014RentedNew contract
AED 85,000/yr12 months · AED 165 per sqft
10 Sep 2013SoldReady
AED 1,259,888AED 2,426 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,259,888AED 2,426 per sqft

Source: Dubai Land Department. Updated 1 August 2020.

Key facts

Type
Studio apartment
Size
519 sqft
Floor
2nd of 3
Parking
B1-1122
Developer
Emaar
Completed
2012
Service charge
AED 13,400 /yr
Last sold
AED 1.26M · September 2013

About 202, Claren Podium

202 is a studio of 519 sqft on the 2nd floor of Claren Podium, a 3-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 10 September 2013 for AED 1,259,888, or AED 2,426 per sqft, 11% above the AED 2,193 studios in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 August 2020, is AED 40,000 a year: a gross yield of 3.2% on the 2013 price, before the service charge of about AED 13,400 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical studio in Claren Podium
1.1M1.2M201020122014Typical sale price by year: 2010 AED 1,259,888; 2013 AED 1,080,000Sold by developer, March 2010: AED 1,259,888 (AED 2,426 per sqft)Sold, September 2013: AED 1,259,888 (AED 2,426 per sqft)

202 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 202, each contractTypical studio in Claren Podium
50K75K20142017202020232026Typical rent by year: 2014 AED 85,000; 2016 AED 75,000; 2018 AED 65,000; 2020 AED 40,000; 2023 AED 75,000; 2025 AED 80,000New contract, August 2014: AED 85,000 a yearNew contract, September 2018: AED 70,000 a yearNew contract, August 2020: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Claren Podium, and where 202 sits

All 4 studios →

202 last sold in September 2013 at AED 2,426 per sqft, 11% above what studios in Claren Podium were fetching at the time (AED 2,193).

Recent studio salesUnit no.Price (AED)Summary
15 Aug 20241,000,000
25 Dec 20131,080,000
3 Sep 2013950,000
31 Jul 2013910,888
0 studio sales in the last 12 months

Claren Podium

Building

24 apartments, studios to 2-bed over 3 floors in Downtown Dubai, completed in 2012 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 105K /yr
Typical yield
Claren Podium, Downtown Dubai: prices, sales and rents →

Other units on the 2nd floor

All 24 units in Claren Podium
Value
2011-bedAED 2M · Jun 2025
2031-bedAED 1.51M · Feb 2014
2041-bedAED 1.04M · Mar 2019
2051-bedAED 1.4M · Feb 2017
2062-bedAED 3.06M · Sep 2013
2072-bedAED 2M · Dec 2016
2081-bedAED 1.65M · Sep 2013
1–7 of 11

202, Claren Podium in numbers

  • Sold twice: first on 2 March 2010 for AED 1,259,888, last on 10 September 2013 for AED 1,259,888 (AED 2,426 per sqft).
  • Rented since August 2014 on 3 Ejari contracts, from AED 85,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2013 price is 3.2%, before a service charge of about AED 13,400 a year (AED 25.85 per sqft).

Source: Dubai Land Department. Updated 1 August 2020.

Questions about 202, Claren Podium

What did unit 202 last sell for?

AED 1,259,888 on 10 September 2013: AED 2,426 per sqft for 519 sqft. The unit has 2 registered sales; the first was AED 1,259,888 in March 2010.

What is the rent for unit 202?

AED 40,000 a year on the contract signed on 1 August 2020. The previous contract, from September 2018, was AED 70,000; the unit has been rented since August 2014.

How big is unit 202?

519 sqft (48.2 sqm): a studio on the 2nd floor of a 3-storey tower completed in 2012.

What is unit 202 worth today?

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

Selling 202? 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 202, Claren Podium

Starts from the last sale price (AED 1.26M, 10 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,259,888
Deposit, UAE resident (20%)
AED 251,978
Deposit, non-resident (40%)
AED 503,955
Monthly over 25 years at 3.7%
AED 5,155

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