2-bed · 1,257 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 4th floor · completed 2012

408, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold 3 times, last in February 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 18 February 2015
Last soldAED 1.98M18 February 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Claren Tower 1 (Claren Tower A)

What is 408 worth today?

Last sold for AED 1,975,000 in 2015

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18 Feb 2015SoldReady
AED 1,975,000AED 1,571 per sqft
4 Jun 2013SoldOff-plan
AED 1,975,000AED 1,571 per sqft
17 Sep 2012Sold by developerOff-plan
AED 1,610,888AED 1,281 per sqft

Source: Dubai Land Department. Updated 18 February 2015.

Key facts

Type
2-bed apartment
Size
1,257 sqft
Floor
4th of 19
Parking
B1-1047
Developer
Emaar
Completed
2012
Service charge
AED 32,500 /yr
Last sold
AED 1.98M · February 2015

About 408, Claren Tower 1 (Claren Tower A)

408 is a two-bedroom apartment of 1,257 sqft on the 4th 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 February 2015 for AED 1,975,000, or AED 1,571 per sqft, in line with the AED 1,571 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, 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, September 2012: AED 1,610,888 (AED 1,281 per sqft)Sold, June 2013: AED 1,975,000 (AED 1,571 per sqft)Sold, February 2015: AED 1,975,000 (AED 1,571 per sqft)

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

Rents
Unit 408, 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 160,000

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 408 sits

All 30 2-beds →

408 last sold in February 2015 at AED 1,571 per sqft, in line with what two-beds in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 1,571). 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.

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
4011-bedAED 2.28M · Mar 2010
402StudioAED 1.06M · Sep 2025
4031-bedAED 2.24M · Jul 2013
4041-bedAED 1.32M · Oct 2013
4052-bedAED 1.39M · Nov 2020
4061-bedAED 1.45M · Apr 2016
407StudioAED 1.03M · May 2024

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

  • Sold 3 times: first on 17 September 2012 for AED 1,610,888, last on 18 February 2015 for AED 1,975,000 (AED 1,571 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 18 February 2015.

Questions about 408, Claren Tower 1 (Claren Tower A)

What did unit 408 last sell for?

AED 1,975,000 on 18 February 2015: AED 1,571 per sqft for 1,257 sqft. The unit has 3 registered sales; the first was AED 1,610,888 in September 2012.

How big is unit 408?

1,257 sqft (116.8 sqm): a two-bedroom apartment on the 4th floor of a 19-storey tower completed in 2012.

What is unit 408 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 408, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 1.98M, 18 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,975,000
Deposit, UAE resident (20%)
AED 395,000
Deposit, non-resident (40%)
AED 790,000
Monthly over 25 years at 3.7%
AED 8,080

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