3-bed · 1,552 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 17th floor · completed 2012

1703, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 3.95M13 May 2014
Current rentAED 132K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Claren Tower 1 (Claren Tower A)

What is 1703 worth today?

Last sold for AED 3,949,888 in 2014

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1 Jan 2025RentedRenewal
AED 132,000/yr24 months · AED 85 per sqft
1 Jan 2023RentedRenewal
AED 120,000/yr24 months · AED 77 per sqft
1 Jan 2021RentedRenewal
AED 110,000/yr24 months · AED 71 per sqft
1 Jan 2020RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
1 Jan 2019RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
1 Aug 2017RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
13 May 2014SoldReady
AED 3,949,888AED 2,544 per sqft
13 Oct 2009Sold by developerOff-plan
AED 3,949,888AED 2,544 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
3-bed apartment
Size
1,552 sqft
Floor
17th of 19
Parking
B1-1169,B1-1168
Developer
Emaar
Completed
2012
Service charge
AED 40,100 /yr
Last sold
AED 3.95M · May 2014

About 1703, Claren Tower 1 (Claren Tower A)

1703 is a three-bedroom apartment of 1,552 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 13 May 2014 for AED 3,949,888, or AED 2,544 per sqft, 4% above the AED 2,436 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 132,000 a year: a gross yield of 3.3% on the 2014 price, before the service charge of about AED 40,100 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical three-bed in Claren Tower 1 (Claren Tower A)
3.8M4M2009201120132015Typical sale price by year: 2009 AED 3,932,888; 2010 AED 3,728,888; 2013 AED 4,063,888; 2014 AED 3,932,888Sold by developer, October 2009: AED 3,949,888 (AED 2,544 per sqft)Sold, May 2014: AED 3,949,888 (AED 2,544 per sqft)

1703 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1703, each contractTypical three-bed in Claren Tower 1 (Claren Tower A)
100K200K2013201720212025Typical rent by year: 2013 AED 171,375; 2015 AED 220,000; 2017 AED 192,500; 2018 AED 182,500; 2019 AED 170,000; 2020 AED 125,000; 2021 AED 120,000; 2022 AED 141,000; 2023 AED 162,525; 2024 AED 55,000; 2025 AED 132,000New contract, August 2017: AED 170,000 a yearNew contract, January 2019: AED 170,000 a yearRenewal, January 2020: AED 130,000 a yearRenewal, January 2021: AED 110,000 a yearRenewal, January 2023: AED 120,000 a yearRenewal, January 2025: AED 132,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Claren Tower 1 (Claren Tower A), and where 1703 sits

All 9 3-beds →

1703 last sold in May 2014 at AED 2,544 per sqft, 4% above what three-beds in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 2,436). Over the last 12 months three-beds sold for AED 3,000,000, around AED 2,006 per sqft, and rent for AED 132,000 to 250,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Dec 20253,000,000
10 Nov 20253,000,000
27 Nov 20243,680,000
19 Jan 20211,733,798
2 3-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
17021-bedAED 1.21M · Nov 2014
17043-bedAED 3.68M · Nov 2024

1703, Claren Tower 1 (Claren Tower A) in numbers

  • Sold twice: first on 13 October 2009 for AED 3,949,888, last on 13 May 2014 for AED 3,949,888 (AED 2,544 per sqft).
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 170,000 to AED 110,000 in 2021 and recovered to AED 132,000 by January 2025.
  • At AED 132,000 a year the gross yield on the 2014 price is 3.3%, before a service charge of about AED 40,100 a year (AED 25.85 per sqft).
  • Three-beds in Claren Tower 1 (Claren Tower A) sold for AED 3,000,000–3,000,000 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 January 2025.

Questions about 1703, Claren Tower 1 (Claren Tower A)

What did unit 1703 last sell for?

AED 3,949,888 on 13 May 2014: AED 2,544 per sqft for 1,552 sqft. The unit has 2 registered sales; the first was AED 3,949,888 in October 2009.

What is the rent for unit 1703?

AED 132,000 a year on the contract renewed on 1 January 2025. The previous contract, from January 2023, was AED 120,000; the unit has been rented since August 2017.

How big is unit 1703?

1,552 sqft (144.2 sqm): a three-bedroom apartment on the 17th floor of a 19-storey tower completed in 2012.

What is unit 1703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Claren Tower 1 (Claren Tower A) sold for AED 3,000,000 to 3,000,000 in the last 12 months, around AED 2,006 per sqft.

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Mortgage on 1703, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 3.95M, 13 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,949,888
Deposit, UAE resident (20%)
AED 789,978
Deposit, non-resident (40%)
AED 1,579,955
Monthly over 25 years at 3.7%
AED 16,160

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