507, Claren Tower 1 (Claren Tower A)
Sold prices and rental history: sold 5 times, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Claren Tower 1 (Claren Tower A)
What is 507 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 483 sqft
- Floor
- 5th of 19
- Parking
- B2-2154
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 12,500 /yr
- Last sold
- AED 970K · September 2022
- Building
- Claren Tower 1 (Claren Tower A)
About 507, Claren Tower 1 (Claren Tower A)
507 is a studio of 483 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 21 September 2022 for AED 970,000, or AED 2,007 per sqft, 24% above the AED 1,614 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 September 2026, is AED 65,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 12,500 a year.
Sales and rents for 507 over time
507 has sold 5 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 507 sits
All 38 studios →507 last sold in September 2022 at AED 2,007 per sqft, 24% above what studios in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 1,614). 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. 507's AED 65,000 is in the lower half 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 | ||
| 1 May 20261 May 2026 | 497 sqft | 1,275,000 | 2,566 | ||
| 16 Feb 202616 February 2026 | 500 sqft | 1,150,000 | 2,301 | ||
| 12 Feb 202612 February 2026 | 497 sqft | 1,170,000 | 2,355 |
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 | |
| 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 | |
| 506 | 1-bed | 842 sqft | AED 1.3MAED 1,300,000 · Dec 2014December 2014 | 133,400 /yr | |
| 508 | 2-bed | 1,257 sqft | AED 1.66MAED 1,657,944 · Nov 2014November 2014 |
507, Claren Tower 1 (Claren Tower A) in numbers
- Sold 5 times: first on 2 March 2010 for AED 1,895,888, last on 21 September 2022 for AED 970,000 (AED 2,007 per sqft).
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 42,000 in 2021 and recovered to AED 65,000 by September 2026.
- At AED 65,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 12,500 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 September 2026.
Questions about 507, Claren Tower 1 (Claren Tower A)
What did unit 507 last sell for?
AED 970,000 on 21 September 2022: AED 2,007 per sqft for 483 sqft. The unit has 5 registered sales; the first was AED 1,895,888 in March 2010.
What is the rent for unit 507?
AED 65,000 a year on the contract signed on 1 September 2026. The previous contract, from August 2025, was AED 85,000; the unit has been rented since September 2013.
How big is unit 507?
483 sqft (44.9 sqm): a studio on the 5th floor of a 19-storey tower completed in 2012.
What is unit 507 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 507, Claren Tower 1 (Claren Tower A)
Starts from the last sale price (AED 970K, 21 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 970,000
- Deposit, UAE resident (20%)
- AED 194,000
- Deposit, non-resident (40%)
- AED 388,000
- Monthly over 25 years at 3.7%
- AED 3,969
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →