2-bed · 1,580 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 3rd floor · completed 2012

307, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 4 September 2023
Last soldAED 2.55M4 September 2023
Current rentAED 115K /yr22 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Claren Tower 1 (Claren Tower A)

What is 307 worth today?

Last sold for AED 2,550,000 in 2023

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4 Sep 2023SoldReady
AED 2,550,000AED 1,613 per sqft
22 Nov 2022RentedRenewal
AED 115,217/yr6 months · AED 73 per sqft
22 Nov 2021RentedRenewal
AED 110,000/yr12 months · AED 70 per sqft
22 Nov 2020RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft
1 Nov 2019RentedNew contract
AED 115,000/yr12 months · AED 73 per sqft
1 Feb 2019RentedNew contract
AED 130,000/yr12 months · AED 82 per sqft
16 Sep 2018RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft
15 Jun 2015RentedRenewal
AED 180,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 4 September 2023.

Key facts

Type
2-bed apartment
Size
1,580 sqft
Floor
3rd of 19
Parking
B2-2159
Developer
Emaar
Completed
2012
Service charge
AED 40,800 /yr
Last sold
AED 2.55M · September 2023

About 307, Claren Tower 1 (Claren Tower A)

307 is a two-bedroom apartment of 1,580 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 4 September 2023 for AED 2,550,000, or AED 1,613 per sqft, 6% below the AED 1,710 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 22 November 2022, is AED 115,217 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 40,800 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Claren Tower 1 (Claren Tower A)
2M3M20102014201820222026Typical sale price by year: 2010 AED 2,983,888; 2012 AED 1,710,644; 2013 AED 2,087,500; 2014 AED 2,850,000; 2015 AED 2,400,000; 2020 AED 1,450,000; 2022 AED 2,200,000; 2023 AED 2,550,000; 2024 AED 2,400,000; 2025 AED 2,517,500Sold by developer, March 2010: AED 2,931,888 (AED 1,855 per sqft)Sold, June 2014: AED 2,931,888 (AED 1,855 per sqft)Sold, September 2023: AED 2,550,000 (AED 1,613 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in Claren Tower 1 (Claren Tower A)
100K150K2013201720212025Typical rent by year: 2013 AED 134,707; 2014 AED 150,000; 2015 AED 157,500; 2016 AED 150,500; 2017 AED 140,000; 2018 AED 130,000; 2019 AED 112,500; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 115,500; 2023 AED 150,000; 2024 AED 157,500; 2025 AED 160,000; 2026 AED 160,000New contract, August 2013: AED 150,000 a yearNew contract, June 2014: AED 180,000 a yearRenewal, June 2015: AED 180,000 a yearNew contract, September 2018: AED 140,000 a yearNew contract, February 2019: AED 130,000 a yearNew contract, November 2019: AED 115,000 a yearNew contract, November 2020: AED 110,000 a yearRenewal, November 2021: AED 110,000 a yearRenewal, November 2022: AED 115,217 a year

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

2-beds in Claren Tower 1 (Claren Tower A), and where 307 sits

All 30 2-beds →

307 last sold in September 2023 at AED 1,613 per sqft, 6% below what two-beds in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 1,710). Over the last 12 months two-beds sold for AED 2,800,000, around AED 2,227 per sqft, and rent for AED 120,000 to 250,000 a year. 307's AED 115,217 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20262,800,000
4 Nov 20252,200,000
18 Jul 20252,844,483
2 Apr 20252,535,000
1 2-bed sale 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
3041-bedAED 1.4M · Feb 2023
3052-bedAED 2.4M · Jun 2024
3061-bedAED 1.67M · Nov 2023

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

  • Sold 3 times: first on 2 March 2010 for AED 2,931,888, last on 4 September 2023 for AED 2,550,000 (AED 1,613 per sqft).
  • Rented since August 2013 on 9 Ejari contracts, from AED 150,000 to AED 115,217 a year.
  • At AED 115,217 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 40,800 a year (AED 25.85 per sqft).
  • Two-beds in Claren Tower 1 (Claren Tower A) sold for AED 2,800,000–2,800,000 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 4 September 2023.

Questions about 307, Claren Tower 1 (Claren Tower A)

What did unit 307 last sell for?

AED 2,550,000 on 4 September 2023: AED 1,613 per sqft for 1,580 sqft. The unit has 3 registered sales; the first was AED 2,931,888 in March 2010.

What is the rent for unit 307?

AED 115,217 a year on the contract renewed on 22 November 2022. The previous contract, from November 2021, was AED 110,000; the unit has been rented since August 2013.

How big is unit 307?

1,580 sqft (146.8 sqm): a two-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2012.

What is unit 307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Claren Tower 1 (Claren Tower A) sold for AED 2,800,000 to 2,800,000 in the last 12 months, around AED 2,227 per sqft.

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Mortgage on 307, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 2.55M, 4 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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