1-bed · 842 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 16th floor · completed 2012

1606, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 30 November 2024
Last soldAED 2.21M18 March 2015
Current rentAED 120K /yr30 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Claren Tower 1 (Claren Tower A)

What is 1606 worth today?

Last sold for AED 2,205,888 in 2015

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30 Nov 2024RentedNew contract
AED 120,000/yr12 months · AED 143 per sqft
15 Nov 2023RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
1 May 2023RentedRenewal
AED 80,850/yr12 months · AED 96 per sqft
1 Nov 2021RentedRenewal
AED 70,000/yr6 months · AED 83 per sqft
1 Nov 2020RentedNew contract
AED 70,000/yr12 months · AED 83 per sqft
13 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
18 Sep 2017RentedNew contract
AED 95,000/yr12 months · AED 113 per sqft
1 Nov 2016RentedNew contract
AED 115,000/yr12 months · AED 137 per sqft

Source: Dubai Land Department. Updated 30 November 2024.

Key facts

Type
1-bed apartment
Size
842 sqft
Floor
16th of 19
Parking
B2-2164
Developer
Emaar
Completed
2012
Service charge
AED 21,800 /yr
Last sold
AED 2.21M · March 2015

About 1606, Claren Tower 1 (Claren Tower A)

1606 is a one-bedroom apartment of 842 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 2,205,888, or AED 2,619 per sqft, 21% above the AED 2,158 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 30 November 2024, is AED 120,000 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 21,800 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical one-bed in Claren Tower 1 (Claren Tower A)
1.5M2M2010201520202025Typical sale price by year: 2010 AED 2,016,888; 2012 AED 1,247,400; 2013 AED 1,600,000; 2014 AED 1,886,388; 2015 AED 1,961,888; 2016 AED 1,435,053; 2019 AED 1,200,000; 2022 AED 1,225,000; 2023 AED 1,600,000; 2024 AED 1,700,000; 2025 AED 1,845,000; 2026 AED 1,900,000Sold by developer, March 2010: AED 2,205,888 (AED 2,619 per sqft)Sold, March 2015: AED 2,205,888 (AED 2,619 per sqft)

1606 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1606, each contractTypical one-bed in Claren Tower 1 (Claren Tower A)
75K100K125K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 85,000; 2014 AED 110,000; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 81,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 84,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 100,000New contract, November 2016: AED 115,000 a yearNew contract, September 2017: AED 95,000 a yearNew contract, October 2018: AED 90,000 a yearNew contract, November 2020: AED 70,000 a yearRenewal, November 2021: AED 70,000 a yearRenewal, May 2023: AED 80,850 a yearNew contract, November 2023: AED 110,000 a yearNew contract, November 2024: AED 120,000 a year

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 1606 sits

All 64 1-beds →

1606 last sold in March 2015 at AED 2,619 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. 1606's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Jul 20261,850,000
6 Mar 20261,900,000
5 Mar 20262,100,000
23 Feb 20262,000,000
7 1-bed 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
16011-bedAED 1.99M · Mar 2015
1602StudioAED 1.36M · Mar 2015
16031-bedAED 1.96M · Mar 2015
16041-bedAED 2.02M · Mar 2015
16052-bedAED 2.99M · Mar 2015
1607StudioAED 1.45M · Mar 2015
16082-bedAED 2.99M · Jul 2013

1606, Claren Tower 1 (Claren Tower A) in numbers

  • Sold twice: first on 2 March 2010 for AED 2,205,888, last on 18 March 2015 for AED 2,205,888 (AED 2,619 per sqft).
  • Rented since November 2016 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 70,000 in 2021 and recovered to AED 120,000 by November 2024.
  • At AED 120,000 a year the gross yield on the 2015 price is 5.4%, 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 30 November 2024.

Questions about 1606, Claren Tower 1 (Claren Tower A)

What did unit 1606 last sell for?

AED 2,205,888 on 18 March 2015: AED 2,619 per sqft for 842 sqft. The unit has 2 registered sales; the first was AED 2,205,888 in March 2010.

What is the rent for unit 1606?

AED 120,000 a year on the contract signed on 30 November 2024. The previous contract, from November 2023, was AED 110,000; the unit has been rented since November 2016.

How big is unit 1606?

842 sqft (78.2 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2012.

What is unit 1606 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 1606, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 2.21M, 18 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,205,888
Deposit, UAE resident (20%)
AED 441,178
Deposit, non-resident (40%)
AED 882,355
Monthly over 25 years at 3.7%
AED 9,025

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