502, Claren Tower 1 (Claren Tower A)
Sold prices and rental history: sold 4 times, last in May 2026, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Claren Tower 1 (Claren Tower A)
What is 502 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 497 sqft
- Floor
- 5th of 19
- Parking
- B2-2052
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 12,800 /yr
- Last sold
- AED 1.28M · May 2026
- Building
- Claren Tower 1 (Claren Tower A)
About 502, Claren Tower 1 (Claren Tower A)
502 is a studio of 497 sqft on the 5th 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 May 2026 for AED 1,275,000, or AED 2,566 per sqft, 5% above the AED 2,445 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 October 2025, is AED 102,538 a year: a gross yield of 8.0% on the 2026 price, before the service charge of about AED 12,800 a year.
Sales and rents for 502 over time
502 has sold 4 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Claren Tower 1 (Claren Tower A), and where 502 sits
All 38 studios →502 last sold in May 2026 at AED 2,566 per sqft, 5% above what studios in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 2,445). Over the last 12 months studios sold for AED 875,000 to 1,350,000, around AED 2,355 per sqft, and rent for AED 40,000 to 95,000 a year. 502's AED 102,538 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 May 20265 May 2026 | 429 sqft | 875,000 | 2,038 | ||
| 16 Feb 202616 February 2026 | 500 sqft | 1,150,000 | 2,301 | ||
| 12 Feb 202612 February 2026 | 497 sqft | 1,170,000 | 2,355 | ||
| 13 Jan 202613 January 2026 | 483 sqft | 1,350,000 | 2,793 |
Claren Tower 1 (Claren Tower A)
Building141 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%
Other units on the 5th floor
All 141 units in Claren Tower 1 (Claren Tower A)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 881 sqft | AED 1.86MAED 1,860,000 · Sep 2023September 2023 | 110,000 /yr | |
| 503 | 1-bed | 861 sqft | AED 1.17MAED 1,166,888 · Sep 2013September 2013 | 90,000 /yr | |
| 504 | 1-bed | 869 sqft | AED 1.9MAED 1,900,000 · Mar 2026March 2026 | 92,400 /yr | |
| 505 | 2-bed | 1,257 sqft | AED 3.07MAED 3,066,888 · Nov 2013November 2013 | 146,100 /yr | |
| 506 | 1-bed | 842 sqft | AED 1.3MAED 1,300,000 · Dec 2014December 2014 | 133,400 /yr | |
| 507 | Studio | 483 sqft | AED 970KAED 970,000 · Sep 2022September 2022 | 65,000 /yr | |
| 508 | 2-bed | 1,257 sqft | AED 1.66MAED 1,657,944 · Nov 2014November 2014 |
502, Claren Tower 1 (Claren Tower A) in numbers
- Sold 4 times: first on 29 June 2014 for AED 1,007,888, last on 1 May 2026 for AED 1,275,000 (AED 2,566 per sqft).
- Rented since October 2014 on 4 Ejari contracts, from AED 80,000 to AED 102,538 a year.
- At AED 102,538 a year the gross yield on the 2026 price is 8.0%, before a service charge of about AED 12,800 a year (AED 25.85 per sqft).
- Studios in Claren Tower 1 (Claren Tower A) sold for AED 875,000–1,350,000 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 May 2026.
Questions about 502, Claren Tower 1 (Claren Tower A)
What did unit 502 last sell for?
AED 1,275,000 on 1 May 2026: AED 2,566 per sqft for 497 sqft. The unit has 4 registered sales; the first was AED 1,007,888 in June 2014.
What is the rent for unit 502?
AED 102,538 a year on the contract signed on 1 October 2025. The previous contract, from December 2023, was AED 80,000; the unit has been rented since October 2014.
How big is unit 502?
497 sqft (46.2 sqm): a studio on the 5th floor of a 19-storey tower completed in 2012.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Claren Tower 1 (Claren Tower A) sold for AED 875,000 to 1,350,000 in the last 12 months, around AED 2,355 per sqft.
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Mortgage on 502, Claren Tower 1 (Claren Tower A)
Starts from the last sale price (AED 1.28M, 1 May 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,275,000
- Deposit, UAE resident (20%)
- AED 255,000
- Deposit, non-resident (40%)
- AED 510,000
- Monthly over 25 years at 3.7%
- AED 5,216
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →