Studio · 493 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 1st floor · completed 2012

106, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold 4 times, last in April 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 21 September 2024
Last soldAED 740K14 April 2022
Current rentAED 75K /yr21 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Claren Tower 1 (Claren Tower A)

What is 106 worth today?

Last sold for AED 740,000 in 2022

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21 Sep 2024RentedRenewal
AED 75,000/yr12 months · AED 151 per sqft
21 Sep 2023RentedNew contract
AED 75,000/yr12 months · AED 151 per sqft
14 Apr 2022SoldReady
AED 740,000AED 1,501 per sqft
20 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
1 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft
21 Apr 2014SoldReady
AED 780,000AED 1,582 per sqft
1 Mar 2014RentedNew contract
AED 80,000/yr12 months · AED 162 per sqft
6 Feb 2013SoldOff-plan
AED 780,000AED 1,582 per sqft

Source: Dubai Land Department. Updated 21 September 2024.

Key facts

Type
Studio apartment
Size
493 sqft
Floor
1st of 19
Parking
B2-2192
Developer
Emaar
Completed
2012
Service charge
AED 12,700 /yr
Last sold
AED 740K · April 2022

About 106, Claren Tower 1 (Claren Tower A)

106 is a studio of 493 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 14 April 2022 for AED 740,000, or AED 1,501 per sqft, 7% below the AED 1,619 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 21 September 2024, is AED 75,000 a year: a gross yield of 10.1% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 106 over time

Sales
Unit 106, 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, December 2012: AED 820,888 (AED 1,665 per sqft)Sold, February 2013: AED 780,000 (AED 1,582 per sqft)Sold, April 2014: AED 780,000 (AED 1,582 per sqft)Sold, April 2022: AED 740,000 (AED 1,501 per sqft)

106 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 106, 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, March 2014: AED 80,000 a yearNew contract, March 2019: AED 60,000 a yearNew contract, March 2021: AED 45,000 a yearNew contract, September 2023: AED 75,000 a yearRenewal, September 2024: AED 75,000 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 106 sits

All 38 studios →

106 last sold in April 2022 at AED 1,501 per sqft, 7% below what studios in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 1,619). 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. 106's AED 75,000 is in the upper 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
104StudioAED 820K · Apr 2022
105StudioAED 746K · Sep 2013
107StudioAED 1.38M · May 2014
108StudioAED 625K · Jul 2013
1–7 of 10

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

  • Sold 4 times: first on 3 December 2012 for AED 820,888, last on 14 April 2022 for AED 740,000 (AED 1,501 per sqft).
  • Rented since March 2014 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 75,000 by September 2024.
  • At AED 75,000 a year the gross yield on the 2022 price is 10.1%, before a service charge of about AED 12,700 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 21 September 2024.

Questions about 106, Claren Tower 1 (Claren Tower A)

What did unit 106 last sell for?

AED 740,000 on 14 April 2022: AED 1,501 per sqft for 493 sqft. The unit has 4 registered sales; the first was AED 820,888 in December 2012.

What is the rent for unit 106?

AED 75,000 a year on the contract renewed on 21 September 2024. The previous contract, from September 2023, was AED 75,000; the unit has been rented since March 2014.

How big is unit 106?

493 sqft (45.8 sqm): a studio on the 1st floor of a 19-storey tower completed in 2012.

What is unit 106 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 106, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 740K, 14 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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