Studio · 600 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 1st floor · completed 2012

107, Claren Tower 1 (Claren Tower A)

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

Unit 107 · DLD and Ejari recordsUpdated 7 June 2014
Last soldAED 1.38M1 May 2014
Current rentAED 85K /yr7 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Claren Tower 1 (Claren Tower A)

What is 107 worth today?

Last sold for AED 1,375,000 in 2014

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7 Jun 2014RentedNew contract
AED 85,000/yr12 months · AED 141 per sqft
1 May 2014SoldReady
AED 1,375,000AED 2,293 per sqft
19 Mar 2014SoldReady
AED 1,489,888AED 2,484 per sqft
1 Mar 2012SoldOff-plan
AED 1,000,000AED 1,667 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,489,888AED 2,484 per sqft

Source: Dubai Land Department. Updated 7 June 2014.

Key facts

Type
Studio apartment
Size
600 sqft
Floor
1st of 19
Parking
B2-2191
Developer
Emaar
Completed
2012
Service charge
AED 15,500 /yr
Last sold
AED 1.38M · May 2014

About 107, Claren Tower 1 (Claren Tower A)

107 is a studio of 600 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 1 May 2014 for AED 1,375,000, or AED 2,293 per sqft, 16% above the AED 1,985 studios in the building were fetching at the time.

One Ejari contract is registered, from 7 June 2014. The current contract, signed on 7 June 2014, is AED 85,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 15,500 a year.

Sales and rents for 107 over time

Sales
Unit 107, 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 1,489,888 (AED 2,484 per sqft)Sold, March 2012: AED 1,000,000 (AED 1,667 per sqft)Sold, March 2014: AED 1,489,888 (AED 2,484 per sqft)Sold, May 2014: AED 1,375,000 (AED 2,293 per sqft)

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

Rents
Unit 107, 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, June 2014: AED 85,000 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 107 sits

All 38 studios →

107 last sold in May 2014 at AED 2,293 per sqft, 16% above what studios in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 1,985). 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. 107's AED 85,000 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
106StudioAED 740K · Apr 2022
108StudioAED 625K · Jul 2013
1–7 of 10

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

  • Sold 4 times: first on 2 March 2010 for AED 1,489,888, last on 1 May 2014 for AED 1,375,000 (AED 2,293 per sqft).
  • Rented since June 2014 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2014 price is 6.2%, before a service charge of about AED 15,500 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 7 June 2014.

Questions about 107, Claren Tower 1 (Claren Tower A)

What did unit 107 last sell for?

AED 1,375,000 on 1 May 2014: AED 2,293 per sqft for 600 sqft. The unit has 4 registered sales; the first was AED 1,489,888 in March 2010.

What is the rent for unit 107?

AED 85,000 a year on the contract signed on 7 June 2014.

How big is unit 107?

600 sqft (55.7 sqm): a studio on the 1st floor of a 19-storey tower completed in 2012.

What is unit 107 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 107, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 1.38M, 1 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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