Studio · 668 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 1st floor · completed 2012

111, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold 4 times, last in November 2024, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 1.2M25 November 2024
Current rentAED 55K /yr3 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Claren Tower 1 (Claren Tower A)

What is 111 worth today?

Last sold for AED 1,200,000 in 2024

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25 Nov 2024SoldReady
AED 1,200,000AED 1,796 per sqft
2 Sep 2024SoldReady
AED 430,000AED 643 per sqft
3 Dec 2019RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
1 Jun 2015RentedNew contract
AED 68,250/yr12 months · AED 102 per sqft
23 Jul 2013SoldReady
AED 1,141,944AED 1,709 per sqft
2 Mar 2010Sold by developerOff-plan
AED 2,283,888AED 3,418 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
Studio apartment
Size
668 sqft
Floor
1st of 19
Parking
B2-2190
Developer
Emaar
Completed
2012
Service charge
AED 17,300 /yr
Last sold
AED 1.2M · November 2024

About 111, Claren Tower 1 (Claren Tower A)

111 is a studio of 668 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 25 November 2024 for AED 1,200,000, or AED 1,796 per sqft, 15% below the AED 2,121 studios in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 3 December 2019, is AED 55,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 17,300 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical studio in Claren Tower 1 (Claren Tower A)
1M2M2009201420192024Typical 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 2,283,888 (AED 3,418 per sqft)Sold, July 2013: AED 1,141,944 (AED 1,709 per sqft)Sold, September 2024: AED 430,000 (AED 643 per sqft)Sold, November 2024: AED 1,200,000 (AED 1,796 per sqft)

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

Rents
Unit 111, 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 2015: AED 68,250 a yearNew contract, December 2019: AED 55,000 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 111 sits

All 38 studios →

111 last sold in November 2024 at AED 1,796 per sqft, 15% below what studios in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 2,121). 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. 111's AED 55,000 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
104StudioAED 820K · Apr 2022
105StudioAED 746K · Sep 2013
106StudioAED 740K · Apr 2022
107StudioAED 1.38M · May 2014
1–7 of 10

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

  • Sold 4 times: first on 2 March 2010 for AED 2,283,888, last on 25 November 2024 for AED 1,200,000 (AED 1,796 per sqft).
  • Rented since June 2015 on 2 Ejari contracts, from AED 68,250 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 17,300 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 25 November 2024.

Questions about 111, Claren Tower 1 (Claren Tower A)

What did unit 111 last sell for?

AED 1,200,000 on 25 November 2024: AED 1,796 per sqft for 668 sqft. The unit has 4 registered sales; the first was AED 2,283,888 in March 2010.

What is the rent for unit 111?

AED 55,000 a year on the contract signed on 3 December 2019. The previous contract, from June 2015, was AED 68,250.

How big is unit 111?

668 sqft (62.1 sqm): a studio on the 1st floor of a 19-storey tower completed in 2012.

What is unit 111 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 111, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 1.2M, 25 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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