Studio · 461 sqftClaren Podium, Downtown Dubai · 3rd floor · completed 2012

302, Claren Podium

Sold prices and rental history: sold twice, last in August 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1M15 August 2024
Current rentAED 65K /yr16 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Claren Podium

What is 302 worth today?

Last sold for AED 1,000,000 in 2024

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15 Aug 2024SoldReady
AED 1,000,000AED 2,168 per sqft
16 Jan 2018RentedNew contract
AED 65,000/yr12 months · AED 140 per sqft
10 Dec 2016RentedNew contract
AED 70,000/yr12 months · AED 151 per sqft
18 Nov 2014RentedNew contract
AED 75,000/yr12 months · AED 162 per sqft
2 Mar 2010Sold by developerOff-plan
AED 2,120,888AED 4,598 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
Studio apartment
Size
461 sqft
Floor
3rd of 3
Parking
B1-1058
Developer
Emaar
Completed
2012
Service charge
AED 11,900 /yr
Last sold
AED 1M · August 2024

About 302, Claren Podium

302 is a studio of 461 sqft on the 3rd floor of Claren Podium, a 3-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 15 August 2024 for AED 1,000,000, or AED 2,168 per sqft.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 16 January 2018, is AED 65,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 11,900 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical studio in Claren Podium
1M2M2010201420182022Typical sale price by year: 2010 AED 1,259,888; 2013 AED 1,080,000Sold by developer, March 2010: AED 2,120,888 (AED 4,598 per sqft)Sold, August 2024: AED 1,000,000 (AED 2,168 per sqft)

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

Rents
Unit 302, 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, November 2014: AED 75,000 a yearNew contract, December 2016: AED 70,000 a yearNew contract, January 2018: AED 65,000 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 302 sits

All 4 studios →
Recent studio salesUnit no.Price (AED)Summary
25 Dec 20131,080,000
10 Sep 20131,259,888
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 3rd floor

All 24 units in Claren Podium
Value
3011-bedAED 890K · Jan 2021
3031-bedAED 2.34M · Apr 2014
3041-bedAED 1.45M · Jun 2023
3051-bedAED 1.83M · Apr 2014
3062-bedAED 1.7M · May 2020
3072-bedAED 3.03M · Jul 2025
3081-bedAED 1.22M · Sep 2013
1–7 of 11

302, Claren Podium in numbers

  • Sold twice: first on 2 March 2010 for AED 2,120,888, last on 15 August 2024 for AED 1,000,000 (AED 2,168 per sqft).
  • Rented since November 2014 on 3 Ejari contracts, from AED 75,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 11,900 a year (AED 25.85 per sqft).

Source: Dubai Land Department. Updated 15 August 2024.

Questions about 302, Claren Podium

What did unit 302 last sell for?

AED 1,000,000 on 15 August 2024: AED 2,168 per sqft for 461 sqft. The unit has 2 registered sales; the first was AED 2,120,888 in March 2010.

What is the rent for unit 302?

AED 65,000 a year on the contract signed on 16 January 2018. The previous contract, from December 2016, was AED 70,000; the unit has been rented since November 2014.

How big is unit 302?

461 sqft (42.8 sqm): a studio on the 3rd floor of a 3-storey tower completed in 2012.

What is unit 302 worth today?

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

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Mortgage on 302, Claren Podium

Starts from the last sale price (AED 1M, 15 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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