1-bed · 959 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 17th floor · completed 2012

1702, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 1.21M2 November 2014
Current rentAED 82K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Claren Tower 1 (Claren Tower A)

What is 1702 worth today?

Last sold for AED 1,209,944 in 2014

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1 Jun 2023RentedRenewal
AED 81,900/yr12 months · AED 85 per sqft
1 Jun 2022RentedRenewal
AED 81,900/yr12 months · AED 85 per sqft
1 Jun 2021RentedRenewal
AED 78,000/yr12 months · AED 81 per sqft
1 Jun 2020RentedRenewal
AED 78,000/yr12 months · AED 81 per sqft
1 Jun 2019RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
22 Jul 2016RentedNew contract
AED 92,400/yr12 months · AED 96 per sqft
2 Nov 2014SoldReady
AED 1,209,944AED 1,261 per sqft
22 Jul 2012RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
1-bed apartment
Size
959 sqft
Floor
17th of 19
Parking
B1-1139
Developer
Emaar
Completed
2012
Service charge
AED 24,800 /yr
Last sold
AED 1.21M · November 2014

About 1702, Claren Tower 1 (Claren Tower A)

1702 is a one-bedroom apartment of 959 sqft on the 17th floor of Claren Tower 1 (Claren Tower A), a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 2 November 2014 for AED 1,209,944, or AED 1,261 per sqft, 41% below the AED 2,144 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 81,900 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 24,800 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical one-bed in Claren Tower 1 (Claren Tower A)
1M2M2010201520202025Typical 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 2,419,888 (AED 2,522 per sqft)Sold, November 2014: AED 1,209,944 (AED 1,261 per sqft)

1702 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1702, each contractTypical one-bed in Claren Tower 1 (Claren Tower A)
75K100K2012201620202024Typical 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, July 2012: AED 80,000 a yearNew contract, July 2016: AED 92,400 a yearNew contract, June 2019: AED 80,000 a yearRenewal, June 2020: AED 78,000 a yearRenewal, June 2021: AED 78,000 a yearRenewal, June 2022: AED 81,900 a yearRenewal, June 2023: AED 81,900 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 1702 sits

All 64 1-beds →

1702 last sold in November 2014 at AED 1,261 per sqft, 41% below what one-beds in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 2,144). 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. 1702's AED 81,900 is at the bottom 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
17013-bedAED 3M · Dec 2025
17033-bedAED 3.95M · May 2014
17043-bedAED 3.68M · Nov 2024

1702, Claren Tower 1 (Claren Tower A) in numbers

  • Sold twice: first on 2 March 2010 for AED 2,419,888, last on 2 November 2014 for AED 1,209,944 (AED 1,261 per sqft).
  • Rented since July 2012 on 7 Ejari contracts, from AED 80,000 to AED 81,900 a year.
  • At AED 81,900 a year the gross yield on the 2014 price is 6.8%, before a service charge of about AED 24,800 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 1 June 2023.

Questions about 1702, Claren Tower 1 (Claren Tower A)

What did unit 1702 last sell for?

AED 1,209,944 on 2 November 2014: AED 1,261 per sqft for 959 sqft. The unit has 2 registered sales; the first was AED 2,419,888 in March 2010.

What is the rent for unit 1702?

AED 81,900 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 81,900; the unit has been rented since July 2012.

How big is unit 1702?

959 sqft (89.1 sqm): a one-bedroom apartment on the 17th floor of a 19-storey tower completed in 2012.

What is unit 1702 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 1702, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 1.21M, 2 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,209,944
Deposit, UAE resident (20%)
AED 241,989
Deposit, non-resident (40%)
AED 483,978
Monthly over 25 years at 3.7%
AED 4,950

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