1-bed · 881 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 14th floor · completed 2012

1401, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 21 March 2023
Last soldAED 1.38M21 March 2023
Current rentAED 65K /yr4 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Claren Tower 1 (Claren Tower A)

What is 1401 worth today?

Last sold for AED 1,375,000 in 2023

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21 Mar 2023SoldReady
AED 1,375,000AED 1,561 per sqft
4 Mar 2022RentedRenewal
AED 65,000/yr12 months · AED 74 per sqft
4 Mar 2021RentedRenewal
AED 65,000/yr12 months · AED 74 per sqft
4 Mar 2020RentedRenewal
AED 80,000/yr12 months · AED 91 per sqft
4 Mar 2019RentedRenewal
AED 90,000/yr12 months · AED 102 per sqft
4 Mar 2018RentedRenewal
AED 90,000/yr12 months · AED 102 per sqft
4 Mar 2017RentedNew contract
AED 97,000/yr12 months · AED 110 per sqft
5 Mar 2016RentedNew contract
AED 105,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 21 March 2023.

Key facts

Type
1-bed apartment
Size
881 sqft
Floor
14th of 19
Parking
B2-2027
Developer
Emaar
Completed
2012
Service charge
AED 22,800 /yr
Last sold
AED 1.38M · March 2023

About 1401, Claren Tower 1 (Claren Tower A)

1401 is a one-bedroom apartment of 881 sqft on the 14th floor of Claren Tower 1 (Claren Tower A), a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 21 March 2023 for AED 1,375,000, or AED 1,561 per sqft, in line with the AED 1,594 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 4 March 2022, is AED 65,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 22,800 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical one-bed in Claren Tower 1 (Claren Tower A)
2M2010201520202025Typical sale price by year: 2010 AED 2,016,888; 2012 AED 1,247,400; 2013 AED 1,600,000; 2014 AED 1,886,388; 2015 AED 1,961,888; 2016 AED 1,435,053; 2019 AED 1,200,000; 2022 AED 1,225,000; 2023 AED 1,600,000; 2024 AED 1,700,000; 2025 AED 1,845,000; 2026 AED 1,900,000Sold by developer, March 2010: AED 3,498,888 (AED 3,972 per sqft)Sold, November 2013: AED 3,498,888 (AED 3,972 per sqft)Sold, March 2023: AED 1,375,000 (AED 1,561 per sqft)

1401 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1401, each contractTypical one-bed in Claren Tower 1 (Claren Tower A)
75K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 85,000; 2014 AED 110,000; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 81,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 84,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 100,000New contract, March 2016: AED 105,000 a yearNew contract, March 2017: AED 97,000 a yearRenewal, March 2018: AED 90,000 a yearRenewal, March 2019: AED 90,000 a yearRenewal, March 2020: AED 80,000 a yearRenewal, March 2021: AED 65,000 a yearRenewal, March 2022: AED 65,000 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 Tower 1 (Claren Tower A), and where 1401 sits

All 64 1-beds →

1401 last sold in March 2023 at AED 1,561 per sqft, in line with what one-beds in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 1,594). Over the last 12 months one-beds sold for AED 1,700,000 to 2,100,000, around AED 2,301 per sqft, and rent for AED 85,000 to 150,000 a year. 1401's AED 65,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Jul 20261,850,000
6 Mar 20261,900,000
5 Mar 20262,100,000
23 Feb 20262,000,000
7 1-bed 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
1402StudioAED 908K · Aug 2013
14031-bedAED 1.25M · Sep 2021
14041-bedAED 2M · Nov 2025
14052-bedAED 2.84M · Jan 2014
14061-bedAED 1.7M · Feb 2026
1407StudioAED 900K · Mar 2019
14082-bedAED 2.6M · Jun 2016

1401, Claren Tower 1 (Claren Tower A) in numbers

  • Sold 3 times: first on 2 March 2010 for AED 3,498,888, last on 21 March 2023 for AED 1,375,000 (AED 1,561 per sqft).
  • Rented since March 2016 on 7 Ejari contracts, from AED 105,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 22,800 a year (AED 25.85 per sqft).
  • One-beds in Claren Tower 1 (Claren Tower A) sold for AED 1,700,000–2,100,000 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 March 2023.

Questions about 1401, Claren Tower 1 (Claren Tower A)

What did unit 1401 last sell for?

AED 1,375,000 on 21 March 2023: AED 1,561 per sqft for 881 sqft. The unit has 3 registered sales; the first was AED 3,498,888 in March 2010.

What is the rent for unit 1401?

AED 65,000 a year on the contract renewed on 4 March 2022. The previous contract, from March 2021, was AED 65,000; the unit has been rented since March 2016.

How big is unit 1401?

881 sqft (81.8 sqm): a one-bedroom apartment on the 14th floor of a 19-storey tower completed in 2012.

What is unit 1401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Claren Tower 1 (Claren Tower A) sold for AED 1,700,000 to 2,100,000 in the last 12 months, around AED 2,301 per sqft.

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Mortgage on 1401, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 1.38M, 21 March 2023). 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 →