1-bed · 762 sqftClaren Podium, Downtown Dubai · 3rd floor · completed 2012

308, Claren Podium

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

Unit 308 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 1.22M3 September 2013
Current rentAED 96K /yr25 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Claren Podium

What is 308 worth today?

Last sold for AED 1,217,888 in 2013

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25 Jul 2024RentedRenewal
AED 95,832/yr12 months · AED 125 per sqft
25 Jul 2023RentedRenewal
AED 87,120/yr12 months · AED 114 per sqft
25 Jul 2022RentedRenewal
AED 79,200/yr12 months · AED 104 per sqft
25 Jul 2021RentedRenewal
AED 72,000/yr12 months · AED 94 per sqft
25 Jul 2020RentedNew contract
AED 72,000/yr12 months · AED 94 per sqft
2 Feb 2020RentedNew contract
AED 75,000/yr12 months · AED 98 per sqft
5 Feb 2019RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
1 Feb 2017RentedRenewal
AED 110,000/yr12 months · AED 144 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
3rd of 3
Parking
B1-1119
Developer
Emaar
Completed
2012
Service charge
AED 19,700 /yr
Last sold
AED 1.22M · September 2013

About 308, Claren Podium

308 is a one-bedroom apartment of 762 sqft on the 3rd floor of Claren Podium, a 3-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 3 September 2013 for AED 1,217,888, or AED 1,599 per sqft, in line with the AED 1,599 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 25 July 2024, is AED 95,832 a year: a gross yield of 7.9% on the 2013 price, before the service charge of about AED 19,700 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Claren Podium
1M2M20102012201420162018Typical sale price by year: 2010 AED 2,543,888; 2013 AED 1,313,888; 2014 AED 1,825,000; 2017 AED 1,325,000Sold by developer, October 2012: AED 1,217,888 (AED 1,599 per sqft)Sold, September 2013: AED 1,217,888 (AED 1,599 per sqft)

308 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 308, each contractTypical one-bed in Claren Podium
60K80K100K2013201720212025Typical rent by year: 2013 AED 92,500; 2014 AED 110,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 97,250; 2018 AED 81,000; 2019 AED 82,000; 2020 AED 71,000; 2021 AED 67,000; 2022 AED 85,000; 2023 AED 95,000; 2024 AED 99,875; 2025 AED 107,500; 2026 AED 100,000New contract, October 2014: AED 97,000 a yearNew contract, February 2015: AED 110,000 a yearNew contract, February 2016: AED 110,000 a yearRenewal, February 2017: AED 110,000 a yearNew contract, February 2019: AED 80,000 a yearNew contract, February 2020: AED 75,000 a yearNew contract, July 2020: AED 72,000 a yearRenewal, July 2021: AED 72,000 a yearRenewal, July 2022: AED 79,200 a yearRenewal, July 2023: AED 87,120 a yearRenewal, July 2024: AED 95,832 a year

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

1-beds in Claren Podium, and where 308 sits

All 16 1-beds →

308 last sold in September 2013 at AED 1,599 per sqft, in line with what one-beds in Claren Podium were fetching at the time (AED 1,599). 308's AED 95,832 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jun 20251,995,000
21 Nov 20242,000,000
22 Jun 20231,450,000
22 Sep 20221,420,000
0 1-bed 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
302StudioAED 1M · Aug 2024
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
1–7 of 11

308, Claren Podium in numbers

  • Sold twice: first on 4 October 2012 for AED 1,217,888, last on 3 September 2013 for AED 1,217,888 (AED 1,599 per sqft).
  • Rented since October 2014 on 11 Ejari contracts. The rent fell from AED 97,000 to AED 72,000 in 2021 and recovered to AED 95,832 by July 2024.
  • At AED 95,832 a year the gross yield on the 2013 price is 7.9%, before a service charge of about AED 19,700 a year (AED 25.85 per sqft).

Source: Dubai Land Department. Updated 25 July 2024.

Questions about 308, Claren Podium

What did unit 308 last sell for?

AED 1,217,888 on 3 September 2013: AED 1,599 per sqft for 762 sqft. The unit has 2 registered sales; the first was AED 1,217,888 in October 2012.

What is the rent for unit 308?

AED 95,832 a year on the contract renewed on 25 July 2024. The previous contract, from July 2023, was AED 87,120; the unit has been rented since October 2014.

How big is unit 308?

762 sqft (70.8 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2012.

What is unit 308 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 308, Claren Podium

Starts from the last sale price (AED 1.22M, 3 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,217,888
Deposit, UAE resident (20%)
AED 243,578
Deposit, non-resident (40%)
AED 487,155
Monthly over 25 years at 3.7%
AED 4,983

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