2-bed · 1,257 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 14th floor · completed 2012

1408, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold 3 times, last in June 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 22 September 2025
Last soldAED 2.6M6 June 2016
Current rentAED 170K /yr22 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Claren Tower 1 (Claren Tower A)

What is 1408 worth today?

Last sold for AED 2,600,000 in 2016

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22 Sep 2025RentedNew contract
AED 170,000/yr12 months · AED 135 per sqft
18 Jun 2023RentedRenewal
AED 145,000/yr12 months · AED 116 per sqft
18 Jun 2022RentedNew contract
AED 130,000/yr12 months · AED 103 per sqft
4 Apr 2021RentedNew contract
AED 130,000/yr12 months · AED 103 per sqft
15 Oct 2019RentedNew contract
AED 115,000/yr12 months · AED 91 per sqft
6 Jun 2016SoldReady
AED 2,600,000AED 2,068 per sqft
3 Oct 2013SoldReady
AED 2,980,888AED 2,371 per sqft
23 Jun 2013RentedNew contract
AED 120,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 22 September 2025.

Key facts

Type
2-bed apartment
Size
1,257 sqft
Floor
14th of 19
Parking
B1-1044
Developer
Emaar
Completed
2012
Service charge
AED 32,500 /yr
Last sold
AED 2.6M · June 2016

About 1408, Claren Tower 1 (Claren Tower A)

1408 is a two-bedroom apartment of 1,257 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 6 June 2016 for AED 2,600,000, or AED 2,068 per sqft, 8% above the AED 1,909 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 22 September 2025, is AED 170,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 32,500 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical two-bed in Claren Tower 1 (Claren Tower A)
2M3M20102014201820222026Typical sale price by year: 2010 AED 2,983,888; 2012 AED 1,710,644; 2013 AED 2,087,500; 2014 AED 2,850,000; 2015 AED 2,400,000; 2020 AED 1,450,000; 2022 AED 2,200,000; 2023 AED 2,550,000; 2024 AED 2,400,000; 2025 AED 2,517,500Sold by developer, March 2010: AED 2,980,888 (AED 2,371 per sqft)Sold, October 2013: AED 2,980,888 (AED 2,371 per sqft)Sold, June 2016: AED 2,600,000 (AED 2,068 per sqft)

1408 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, each contractTypical two-bed in Claren Tower 1 (Claren Tower A)
100K150K2013201720212025Typical rent by year: 2013 AED 134,707; 2014 AED 150,000; 2015 AED 157,500; 2016 AED 150,500; 2017 AED 140,000; 2018 AED 130,000; 2019 AED 112,500; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 115,500; 2023 AED 150,000; 2024 AED 157,500; 2025 AED 160,000; 2026 AED 160,000New contract, June 2013: AED 120,000 a yearNew contract, October 2019: AED 115,000 a yearNew contract, April 2021: AED 130,000 a yearNew contract, June 2022: AED 130,000 a yearRenewal, June 2023: AED 145,000 a yearNew contract, September 2025: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Claren Tower 1 (Claren Tower A), and where 1408 sits

All 30 2-beds →

1408 last sold in June 2016 at AED 2,068 per sqft, 8% above what two-beds in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 1,909). Over the last 12 months two-beds sold for AED 2,800,000, around AED 2,227 per sqft, and rent for AED 120,000 to 250,000 a year. 1408's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20262,800,000
4 Nov 20252,200,000
18 Jul 20252,844,483
2 Apr 20252,535,000
1 2-bed sale 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
1407StudioAED 900K · Mar 2019

1408, Claren Tower 1 (Claren Tower A) in numbers

  • Sold 3 times: first on 2 March 2010 for AED 2,980,888, last on 6 June 2016 for AED 2,600,000 (AED 2,068 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 120,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 32,500 a year (AED 25.85 per sqft).
  • Two-beds in Claren Tower 1 (Claren Tower A) sold for AED 2,800,000–2,800,000 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 22 September 2025.

Questions about 1408, Claren Tower 1 (Claren Tower A)

What did unit 1408 last sell for?

AED 2,600,000 on 6 June 2016: AED 2,068 per sqft for 1,257 sqft. The unit has 3 registered sales; the first was AED 2,980,888 in March 2010.

What is the rent for unit 1408?

AED 170,000 a year on the contract signed on 22 September 2025. The previous contract, from June 2023, was AED 145,000; the unit has been rented since June 2013.

How big is unit 1408?

1,257 sqft (116.8 sqm): a two-bedroom apartment on the 14th floor of a 19-storey tower completed in 2012.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Claren Tower 1 (Claren Tower A) sold for AED 2,800,000 to 2,800,000 in the last 12 months, around AED 2,227 per sqft.

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Mortgage on 1408, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 2.6M, 6 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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