Studio · 483 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 14th floor · completed 2012

1407, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold 5 times, last in March 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 29 August 2026
Last soldAED 900K25 March 2019
Current rentAED 80K /yr29 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Claren Tower 1 (Claren Tower A)

What is 1407 worth today?

Last sold for AED 900,000 in 2019

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29 Aug 2026RentedNew contract
AED 79,527/yr6 months · AED 165 per sqft
28 Aug 2026RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
6 Feb 2026RentedNew contract
AED 92,055/yr1 months · AED 126 per sqft
13 Sep 2020RentedRenewal
AED 50,000/yr6 months · AED 103 per sqft
13 Sep 2019RentedNew contract
AED 58,000/yr12 months · AED 120 per sqft
25 Mar 2019SoldReady
AED 900,000AED 1,862 per sqft
13 Sep 2018RentedNew contract
AED 65,000/yr12 months · AED 134 per sqft
12 Sep 2017RentedNew contract
AED 75,000/yr12 months · AED 155 per sqft

Source: Dubai Land Department. Updated 29 August 2026.

Key facts

Type
Studio apartment
Size
483 sqft
Floor
14th of 19
Parking
B2-2061
Developer
Emaar
Completed
2012
Service charge
AED 12,500 /yr
Last sold
AED 900K · March 2019

About 1407, Claren Tower 1 (Claren Tower A)

1407 is a studio of 483 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 25 March 2019 for AED 900,000, or AED 1,862 per sqft.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 29 August 2026, is AED 79,527 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, 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, September 2012: AED 871,888 (AED 1,804 per sqft)Sold, February 2013: AED 750,000 (AED 1,552 per sqft)Sold, March 2013: AED 870,000 (AED 1,800 per sqft)Sold, March 2015: AED 870,000 (AED 1,800 per sqft)Sold, March 2019: AED 900,000 (AED 1,862 per sqft)

1407 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1407, each contractTypical studio in Claren Tower 1 (Claren Tower A)
50K75K100K2013201720212025Typical 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 68,000 a yearNew contract, September 2014: AED 85,000 a yearNew contract, September 2017: AED 75,000 a yearNew contract, September 2018: AED 65,000 a yearNew contract, September 2019: AED 58,000 a yearRenewal, September 2020: AED 50,000 a yearNew contract, February 2026: AED 92,055 a yearNew contract, August 2026: AED 79,527 a yearNew contract, August 2026: AED 40,000 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 1407 sits

All 38 studios →

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. 1407's AED 79,527 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
14011-bedAED 1.38M · Mar 2023
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
14082-bedAED 2.6M · Jun 2016

1407, Claren Tower 1 (Claren Tower A) in numbers

  • Sold 5 times: first on 11 September 2012 for AED 871,888, last on 25 March 2019 for AED 900,000 (AED 1,862 per sqft).
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 68,000 to AED 40,000 in 2026 and recovered to AED 79,527 by August 2026.
  • At AED 79,527 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 12,500 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 29 August 2026.

Questions about 1407, Claren Tower 1 (Claren Tower A)

What did unit 1407 last sell for?

AED 900,000 on 25 March 2019: AED 1,862 per sqft for 483 sqft. The unit has 5 registered sales; the first was AED 871,888 in September 2012.

What is the rent for unit 1407?

AED 79,527 a year on the contract signed on 29 August 2026. The previous contract, from August 2026, was AED 40,000; the unit has been rented since March 2014.

How big is unit 1407?

483 sqft (44.9 sqm): a studio on the 14th floor of a 19-storey tower completed in 2012.

What is unit 1407 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 1407, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 900K, 25 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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