1602, 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 1602, Claren Tower 1 (Claren Tower A)
What is 1602 worth today?
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Source: Dubai Land Department. Updated 21 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 497 sqft
- Floor
- 16th of 19
- Parking
- B2-2048
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 12,800 /yr
- Last sold
- AED 1.36M · March 2015
- Building
- Claren Tower 1 (Claren Tower A)
About 1602, Claren Tower 1 (Claren Tower A)
1602 is a studio of 497 sqft on the 16th 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 1,363,888, or AED 2,745 per sqft, 11% above the AED 2,484 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 21 September 2026, is AED 70,000 a year: a gross yield of 5.1% on the 2015 price, before the service charge of about AED 12,800 a year.
Sales and rents for 1602 over time
1602 has sold twice; 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 1602 sits
All 38 studios →1602 last sold in March 2015 at AED 2,745 per sqft, 11% above what studios in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 2,484). 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. 1602's AED 70,000 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 16th floor
All 141 units in Claren Tower 1 (Claren Tower A)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 881 sqft | AED 1.99MAED 1,993,888 · Mar 2015March 2015 | 94,500 /yr | |
| 1603 | 1-bed | 861 sqft | AED 1.96MAED 1,963,888 · Mar 2015March 2015 | 85,000 /yr | |
| 1604 | 1-bed | 869 sqft | AED 2.02MAED 2,017,888 · Mar 2015March 2015 | 90,000 /yr | |
| 1605 | 2-bed | 1,257 sqft | AED 2.99MAED 2,992,888 · Mar 2015March 2015 | 250,000 /yr | |
| 1606 | 1-bed | 842 sqft | AED 2.21MAED 2,205,888 · Mar 2015March 2015 | 120,000 /yr | |
| 1607 | Studio | 483 sqft | AED 1.45MAED 1,446,888 · Mar 2015March 2015 | 70,000 /yr | |
| 1608 | 2-bed | 1,257 sqft | AED 2.99MAED 2,994,888 · Jul 2013July 2013 | 150,000 /yr |
1602, Claren Tower 1 (Claren Tower A) in numbers
- Sold twice: first on 2 March 2010 for AED 1,363,888, last on 18 March 2015 for AED 1,363,888 (AED 2,745 per sqft).
- Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 51,000 in 2021 and recovered to AED 70,000 by September 2026.
- At AED 70,000 a year the gross yield on the 2015 price is 5.1%, 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 21 September 2026.
Questions about 1602, Claren Tower 1 (Claren Tower A)
What did unit 1602 last sell for?
AED 1,363,888 on 18 March 2015: AED 2,745 per sqft for 497 sqft. The unit has 2 registered sales; the first was AED 1,363,888 in March 2010.
What is the rent for unit 1602?
AED 70,000 a year on the contract renewed on 21 September 2026. The previous contract, from July 2026, was AED 62,000; the unit has been rented since November 2013.
How big is unit 1602?
497 sqft (46.2 sqm): a studio on the 16th floor of a 19-storey tower completed in 2012.
What is unit 1602 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 1602, Claren Tower 1 (Claren Tower A)
Starts from the last sale price (AED 1.36M, 18 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,363,888
- Deposit, UAE resident (20%)
- AED 272,778
- Deposit, non-resident (40%)
- AED 545,555
- Monthly over 25 years at 3.7%
- AED 5,580
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →