506, Claren Tower 1 (Claren Tower A)
Sold prices and rental history: sold 3 times, last in December 2014, 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 506, Claren Tower 1 (Claren Tower A)
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 842 sqft
- Floor
- 5th of 19
- Parking
- B2-2162
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 21,800 /yr
- Last sold
- AED 1.3M · December 2014
- Building
- Claren Tower 1 (Claren Tower A)
About 506, Claren Tower 1 (Claren Tower A)
506 is a one-bedroom apartment of 842 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 28 December 2014 for AED 1,300,000, or AED 1,543 per sqft, 28% below the AED 2,142 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 133,400 a year: a gross yield of 10.3% on the 2014 price, before the service charge of about AED 21,800 a year.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 64 1-beds →506 last sold in December 2014 at AED 1,543 per sqft, 28% below what one-beds in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 2,142). 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. 506's AED 133,400 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jul 20261 July 2026 | 881 sqft | 1,850,000 | 2,100 | ||
| 6 Mar 20266 March 2026 | 869 sqft | 1,900,000 | 2,186 | ||
| 5 Mar 20265 March 2026 | 842 sqft | 2,100,000 | 2,493 | ||
| 23 Feb 202623 February 2026 | 861 sqft | 2,000,000 | 2,322 |
Claren Tower 1 (Claren Tower A)
Building141 apartments, studios to 3-bed over 19 floors in Downtown Dubai, completed in 2012 by Emaar. 14 sold in the last 12 months.
- Typical price per sqft
- AED 2,301 Up 13.2%
- Typical sale
- AED 1.88M
- 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 | |
| 502 | Studio | 497 sqft | AED 1.28MAED 1,275,000 · May 2026May 2026 | 102,538 /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 | |
| 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 |
506, Claren Tower 1 (Claren Tower A) in numbers
- Sold 3 times: first on 7 October 2012 for AED 1,296,888, last on 28 December 2014 for AED 1,300,000 (AED 1,543 per sqft).
- Rented since February 2014 on 14 Ejari contracts. The rent fell from AED 115,000 to AED 72,000 in 2020 and recovered to AED 133,400 by March 2025.
- At AED 133,400 a year the gross yield on the 2014 price is 10.3%, before a service charge of about AED 21,800 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 15 March 2025.
Questions about 506, Claren Tower 1 (Claren Tower A)
What did unit 506 last sell for?
AED 1,300,000 on 28 December 2014: AED 1,543 per sqft for 842 sqft. The unit has 3 registered sales; the first was AED 1,296,888 in October 2012.
What is the rent for unit 506?
AED 133,400 a year on the contract renewed on 15 March 2025. The previous contract, from March 2025, was AED 133,400; the unit has been rented since February 2014.
How big is unit 506?
842 sqft (78.2 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower completed in 2012.
What is unit 506 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 506, Claren Tower 1 (Claren Tower A)
Starts from the last sale price (AED 1.3M, 28 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →