1-bed · 861 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 3rd floor · completed 2012

304, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 1.4M1 February 2023
Current rentAED 60K /yr1 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Claren Tower 1 (Claren Tower A)

What is 304 worth today?

Last sold for AED 1,400,000 in 2023

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1 Feb 2023SoldReady
AED 1,400,000AED 1,626 per sqft
1 Jan 2022RentedRenewal
AED 60,000/yr12 months · AED 70 per sqft
1 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
31 Mar 2020RentedRenewal
AED 72,000/yr12 months · AED 84 per sqft
31 Mar 2019RentedNew contract
AED 80,000/yr12 months · AED 93 per sqft
25 Oct 2014RentedNew contract
AED 84,000/yr12 months · AED 98 per sqft
16 Dec 2013SoldReady
AED 1,892,888AED 2,199 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,892,888AED 2,199 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
1-bed apartment
Size
861 sqft
Floor
3rd of 19
Parking
B2-2185
Developer
Emaar
Completed
2012
Service charge
AED 22,200 /yr
Last sold
AED 1.4M · February 2023

About 304, Claren Tower 1 (Claren Tower A)

304 is a one-bedroom apartment of 861 sqft on the 3rd floor of Claren Tower 1 (Claren Tower A), a 19-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 1 February 2023 for AED 1,400,000, or AED 1,626 per sqft, 9% above the AED 1,495 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 60,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 22,200 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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 1,892,888 (AED 2,199 per sqft)Sold, December 2013: AED 1,892,888 (AED 2,199 per sqft)Sold, February 2023: AED 1,400,000 (AED 1,626 per sqft)

304 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, 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, October 2014: AED 84,000 a yearNew contract, March 2019: AED 80,000 a yearRenewal, March 2020: AED 72,000 a yearNew contract, January 2021: AED 60,000 a yearRenewal, January 2022: AED 60,000 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 304 sits

All 64 1-beds →

304 last sold in February 2023 at AED 1,626 per sqft, 9% above what one-beds in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 1,495). 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. 304's AED 60,000 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
3011-bedAED 1.63M · Apr 2025
302StudioAED 1.04M · Jun 2025
3031-bedAED 1.65M · Dec 2024
3052-bedAED 2.4M · Jun 2024
3061-bedAED 1.67M · Nov 2023
3072-bedAED 2.55M · Sep 2023

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

  • Sold 3 times: first on 2 March 2010 for AED 1,892,888, last on 1 February 2023 for AED 1,400,000 (AED 1,626 per sqft).
  • Rented since October 2014 on 5 Ejari contracts, from AED 84,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 22,200 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 February 2023.

Questions about 304, Claren Tower 1 (Claren Tower A)

What did unit 304 last sell for?

AED 1,400,000 on 1 February 2023: AED 1,626 per sqft for 861 sqft. The unit has 3 registered sales; the first was AED 1,892,888 in March 2010.

What is the rent for unit 304?

AED 60,000 a year on the contract renewed on 1 January 2022. The previous contract, from January 2021, was AED 60,000; the unit has been rented since October 2014.

How big is unit 304?

861 sqft (80.0 sqm): a one-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2012.

What is unit 304 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 304, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 1.4M, 1 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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