1507, Claren Tower 1 (Claren Tower A)
Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1507, Claren Tower 1 (Claren Tower A)
What is 1507 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 483 sqft
- Floor
- 15th of 19
- Parking
- B2-2062
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 12,500 /yr
- Last sold
- AED 1.45M · March 2010
- Building
- Claren Tower 1 (Claren Tower A)
About 1507, Claren Tower 1 (Claren Tower A)
1507 is a studio of 483 sqft on the 15th 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 2 March 2010 for AED 1,445,888, or AED 2,992 per sqft, in line with the AED 2,993 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 15 July 2026, is AED 80,000 a year: a gross yield of 5.5% on the 2010 price, before the service charge of about AED 12,500 a year.
Sales and rents for 1507 over time
1507 has sold once; the dashed line is the studio median of each year in the building.
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 1507 sits
All 38 studios →1507 last sold in March 2010 at AED 2,992 per sqft, in line with what studios in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 2,993). 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. 1507's AED 80,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 May 20265 May 2026 | 429 sqft | 875,000 | 2,038 | ||
| 1 May 20261 May 2026 | 497 sqft | 1,275,000 | 2,566 | ||
| 16 Feb 202616 February 2026 | 500 sqft | 1,150,000 | 2,301 | ||
| 12 Feb 202612 February 2026 | 497 sqft | 1,170,000 | 2,355 |
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 | |
| 1506 | 1-bed | 842 sqft | AED 2.2MAED 2,201,888 · Mar 2015March 2015 | 100,000 /yr | |
| 1508 | 2-bed | 1,257 sqft | AED 2.99MAED 2,988,888 · Mar 2015March 2015 | 146,160 /yr |
1507, Claren Tower 1 (Claren Tower A) in numbers
- Sold once: by Emaar on 2 March 2010 for AED 1,445,888, or AED 2,992 per sqft.
- Rented since November 2014 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 45,000 in 2021 and recovered to AED 80,000 by July 2026.
- At AED 80,000 a year the gross yield on the 2010 price is 5.5%, 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 15 July 2026.
Questions about 1507, Claren Tower 1 (Claren Tower A)
What did unit 1507 last sell for?
AED 1,445,888 on 2 March 2010, sold by the developer: AED 2,992 per sqft for 483 sqft. It is the only registered sale of the unit.
What is the rent for unit 1507?
AED 80,000 a year on the contract renewed on 15 July 2026. The previous contract, from July 2025, was AED 80,000; the unit has been rented since November 2014.
How big is unit 1507?
483 sqft (44.9 sqm): a studio on the 15th floor of a 19-storey tower completed in 2012.
What is unit 1507 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 1507, Claren Tower 1 (Claren Tower A)
Starts from the last sale price (AED 1.45M, 2 March 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,445,888
- Deposit, UAE resident (20%)
- AED 289,178
- Deposit, non-resident (40%)
- AED 578,355
- Monthly over 25 years at 3.7%
- AED 5,916
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →