Studio · 497 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 14th floor · completed 2012

1402, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold once, by the developer in August 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 25 August 2026
Last soldAED 908K29 August 2013
Current rentAED 60K /yr25 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Claren Tower 1 (Claren Tower A)

What is 1402 worth today?

Last sold for AED 907,888 in 2013

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25 Aug 2026RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft
1 Mar 2025RentedRenewal
AED 63,800/yr12 months · AED 129 per sqft
1 Mar 2024RentedRenewal
AED 58,000/yr12 months · AED 117 per sqft
1 Mar 2023RentedRenewal
AED 55,000/yr12 months · AED 111 per sqft
1 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 101 per sqft
28 Nov 2019RentedNew contract
AED 56,000/yr12 months · AED 113 per sqft
1 Sep 2014RentedNew contract
AED 63,000/yr12 months · AED 127 per sqft
1 Sep 2013RentedNew contract
AED 60,000/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 25 August 2026.

Key facts

Type
Studio apartment
Size
497 sqft
Floor
14th of 19
Parking
B2-2046
Developer
Emaar
Completed
2012
Service charge
AED 12,800 /yr
Last sold
AED 908K · August 2013

About 1402, Claren Tower 1 (Claren Tower A)

1402 is a studio of 497 sqft on the 14th floor of Claren Tower 1 (Claren Tower A), a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 29 August 2013 for AED 907,888, or AED 1,827 per sqft, in line with the AED 1,802 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 25 August 2026, is AED 60,000 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 12,800 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, August 2013: AED 907,888 (AED 1,827 per sqft)

1402 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1402, 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 63,000 a yearNew contract, November 2019: AED 56,000 a yearNew contract, March 2022: AED 50,000 a yearRenewal, March 2023: AED 55,000 a yearRenewal, March 2024: AED 58,000 a yearRenewal, March 2025: AED 63,800 a yearNew contract, August 2026: AED 60,000 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 1402 sits

All 38 studios →

1402 last sold in August 2013 at AED 1,827 per sqft, in line with what studios in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 1,802). 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. 1402's AED 60,000 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
14011-bedAED 1.38M · Mar 2023
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

1402, Claren Tower 1 (Claren Tower A) in numbers

  • Sold once: by Emaar on 29 August 2013 for AED 907,888, or AED 1,827 per sqft.
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 50,000 in 2022 and recovered to AED 60,000 by August 2026.
  • At AED 60,000 a year the gross yield on the 2013 price is 6.6%, before a service charge of about AED 12,800 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 August 2026.

Questions about 1402, Claren Tower 1 (Claren Tower A)

What did unit 1402 last sell for?

AED 907,888 on 29 August 2013, sold by the developer: AED 1,827 per sqft for 497 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 60,000 a year on the contract signed on 25 August 2026. The previous contract, from March 2025, was AED 63,800; the unit has been rented since September 2013.

How big is unit 1402?

497 sqft (46.2 sqm): a studio on the 14th floor of a 19-storey tower completed in 2012.

What is unit 1402 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 1402, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 908K, 29 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 907,888
Deposit, UAE resident (20%)
AED 181,578
Deposit, non-resident (40%)
AED 363,155
Monthly over 25 years at 3.7%
AED 3,714

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