Studio · 434 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 1st floor · completed 2012

104, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 18 April 2022
Last soldAED 820K18 April 2022
Current rentAED 45K /yr13 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Claren Tower 1 (Claren Tower A)

What is 104 worth today?

Last sold for AED 820,000 in 2022

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18 Apr 2022SoldReady
AED 820,000AED 1,889 per sqft
13 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 105 per sqft
2 Feb 2020RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft
5 Oct 2018RentedNew contract
AED 63,000/yr12 months · AED 146 per sqft
24 Jan 2018RentedNew contract
AED 65,000/yr12 months · AED 151 per sqft
15 Sep 2017RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft
4 Jun 2015RentedNew contract
AED 75,000/yr12 months · AED 174 per sqft
25 Sep 2014RentedNew contract
AED 75,000/yr12 months · AED 174 per sqft

Source: Dubai Land Department. Updated 18 April 2022.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
1st of 19
Parking
B2-2148
Developer
Emaar
Completed
2012
Service charge
AED 11,200 /yr
Last sold
AED 820K · April 2022

About 104, Claren Tower 1 (Claren Tower A)

104 is a studio of 434 sqft on the 1st floor of Claren Tower 1 (Claren Tower A), a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 18 April 2022 for AED 820,000, or AED 1,889 per sqft, 16% above the AED 1,635 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 13 March 2021, is AED 45,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 11,200 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical studio in Claren Tower 1 (Claren Tower A)
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,075,888; 2010 AED 1,497,888; 2012 AED 820,888; 2013 AED 956,888; 2014 AED 1,337,500; 2015 AED 1,362,888; 2017 AED 1,060,000; 2021 AED 820,563; 2022 AED 800,000; 2024 AED 1,142,734; 2025 AED 1,100,000; 2026 AED 1,170,000Sold by developer, March 2010: AED 1,144,888 (AED 2,638 per sqft)Sold, July 2013: AED 1,144,888 (AED 2,638 per sqft)Sold, April 2022: AED 820,000 (AED 1,889 per sqft)

104 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 104, each contractTypical studio in Claren Tower 1 (Claren Tower A)
40K60K80K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 80,000; 2015 AED 80,000; 2016 AED 78,000; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 58,000; 2020 AED 45,500; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 65,000; 2024 AED 72,000; 2025 AED 71,831; 2026 AED 70,000New contract, September 2013: AED 60,000 a yearNew contract, September 2014: AED 75,000 a yearNew contract, June 2015: AED 75,000 a yearNew contract, September 2017: AED 60,000 a yearNew contract, January 2018: AED 65,000 a yearNew contract, October 2018: AED 63,000 a yearNew contract, February 2020: AED 60,000 a yearNew contract, March 2021: AED 45,000 a year

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

Studios in Claren Tower 1 (Claren Tower A), and where 104 sits

All 38 studios →

104 last sold in April 2022 at AED 1,889 per sqft, 16% above what studios in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 1,635). Over the last 12 months studios sold for AED 875,000 to 1,350,000, around AED 2,355 per sqft, and rent for AED 40,000 to 95,000 a year. 104's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 May 2026875,000
1 May 20261,275,000
16 Feb 20261,150,000
12 Feb 20261,170,000
5 studio sales in the last 12 months

Claren Tower 1 (Claren Tower A)

Building

141 apartments, studios to 3-bed over 19 floors in Downtown Dubai, completed in 2012 by Emaar. 15 sold in the last 12 months.

Typical price per sqft
AED 2,301 Up 13.7%
Typical sale
AED 1.9M
Typical rent
AED 95K /yr
Typical yield
5.5%
Claren Tower 1 (Claren Tower A), Downtown Dubai: prices, sales and rents →
Value
1011-bedAED 1.67M · Sep 2013
102StudioAED 900K · Jul 2013
103StudioAED 875K · May 2026
105StudioAED 746K · Sep 2013
106StudioAED 740K · Apr 2022
107StudioAED 1.38M · May 2014
108StudioAED 625K · Jul 2013
1–7 of 10

104, Claren Tower 1 (Claren Tower A) in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,144,888, last on 18 April 2022 for AED 820,000 (AED 1,889 per sqft).
  • Rented since September 2013 on 8 Ejari contracts, from AED 60,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 11,200 a year (AED 25.85 per sqft).
  • Studios in Claren Tower 1 (Claren Tower A) sold for AED 875,000–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,301 per sqft.

Source: Dubai Land Department. Updated 18 April 2022.

Questions about 104, Claren Tower 1 (Claren Tower A)

What did unit 104 last sell for?

AED 820,000 on 18 April 2022: AED 1,889 per sqft for 434 sqft. The unit has 3 registered sales; the first was AED 1,144,888 in March 2010.

What is the rent for unit 104?

AED 45,000 a year on the contract signed on 13 March 2021. The previous contract, from February 2020, was AED 60,000; the unit has been rented since September 2013.

How big is unit 104?

434 sqft (40.3 sqm): a studio on the 1st floor of a 19-storey tower completed in 2012.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Claren Tower 1 (Claren Tower A) sold for AED 875,000 to 1,350,000 in the last 12 months, around AED 2,355 per sqft.

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Mortgage on 104, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 820K, 18 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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