1506, Claren Tower 1 (Claren Tower A)
Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Claren Tower 1 (Claren Tower A)
What is 1506 worth today?
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Source: Dubai Land Department. Updated 8 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 842 sqft
- Floor
- 15th of 19
- Parking
- B2-2165
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 21,800 /yr
- Last sold
- AED 2.2M · March 2015
- Building
- Claren Tower 1 (Claren Tower A)
About 1506, Claren Tower 1 (Claren Tower A)
1506 is a one-bedroom apartment of 842 sqft on the 15th floor of Claren Tower 1 (Claren Tower A), a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 18 March 2015 for AED 2,201,888, or AED 2,614 per sqft, 21% above the AED 2,158 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 8 December 2023, is AED 100,000 a year: a gross yield of 4.5% on the 2015 price, before the service charge of about AED 21,800 a year.
Sales and rents for 1506 over time
1506 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1506 sits
All 64 1-beds →1506 last sold in March 2015 at AED 2,614 per sqft, 21% above what one-beds in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 2,158). 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. 1506's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jul 20261 July 2026 | 881 sqft | 1,850,000 | 2,100 | ||
| 6 Mar 20266 March 2026 | 869 sqft | 1,900,000 | 2,186 | ||
| 5 Mar 20265 March 2026 | 842 sqft | 2,100,000 | 2,493 | ||
| 23 Feb 202623 February 2026 | 861 sqft | 2,000,000 | 2,322 |
Claren Tower 1 (Claren Tower A)
Building141 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%
Other units on the 15th floor
All 141 units in Claren Tower 1 (Claren Tower A)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 881 sqft | AED 1.99MAED 1,991,888 · Mar 2015March 2015 | 92,000 /yr | |
| 1502 | Studio | 497 sqft | AED 1.36MAED 1,362,888 · Mar 2015March 2015 | 70,000 /yr | |
| 1503 | 1-bed | 861 sqft | AED 1.96MAED 1,961,888 · Mar 2015March 2015 | 86,713 /yr | |
| 1504 | 1-bed | 869 sqft | AED 2.02MAED 2,015,888 · Mar 2015March 2015 | 100,000 /yr | |
| 1505 | 2-bed | 1,257 sqft | AED 2.99MAED 2,986,888 · Mar 2015March 2015 | 95,000 /yr | |
| 1507 | Studio | 483 sqft | AED 1.45MAED 1,445,888 · Mar 2010March 2010 | 80,000 /yr | |
| 1508 | 2-bed | 1,257 sqft | AED 2.99MAED 2,988,888 · Mar 2015March 2015 | 146,160 /yr |
1506, Claren Tower 1 (Claren Tower A) in numbers
- Sold twice: first on 2 March 2010 for AED 2,201,888, last on 18 March 2015 for AED 2,201,888 (AED 2,614 per sqft).
- Rented since November 2013 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 67,000 in 2021 and recovered to AED 100,000 by December 2023.
- At AED 100,000 a year the gross yield on the 2015 price is 4.5%, before a service charge of about AED 21,800 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 8 December 2023.
Questions about 1506, Claren Tower 1 (Claren Tower A)
What did unit 1506 last sell for?
AED 2,201,888 on 18 March 2015: AED 2,614 per sqft for 842 sqft. The unit has 2 registered sales; the first was AED 2,201,888 in March 2010.
What is the rent for unit 1506?
AED 100,000 a year on the contract renewed on 8 December 2023. The previous contract, from December 2022, was AED 100,000; the unit has been rented since November 2013.
How big is unit 1506?
842 sqft (78.2 sqm): a one-bedroom apartment on the 15th floor of a 19-storey tower completed in 2012.
What is unit 1506 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 1506, Claren Tower 1 (Claren Tower A)
Starts from the last sale price (AED 2.2M, 18 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,201,888
- Deposit, UAE resident (20%)
- AED 440,378
- Deposit, non-resident (40%)
- AED 880,755
- Monthly over 25 years at 3.7%
- AED 9,009
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →