Home
Dubai prices
About
Research
1-bed · 881 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 7th floor · completed 2012

701, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold 3 times, last in May 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 May 2014
Last soldAED 1.9M1 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 701

Property timeline for 701, Claren Tower 1 (Claren Tower A)

What is 701 worth today?

Last sold for AED 1,900,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2014SoldReady
AED 1,900,000AED 2,157 per sqft
28 Jan 2014SoldReady
AED 2,283,888AED 2,593 per sqft
2 Mar 2010Sold by developerOff-plan
AED 2,283,888AED 2,593 per sqft

Source: Dubai Land Department. Updated 1 May 2014.

Key facts

Type
1-bed apartment
Size
881 sqft
Floor
7th of 19
Parking
B2-2178
Developer
Emaar
Completed
2012
Service charge
AED 22,800 /yr
Last sold
AED 1.9M · May 2014
Building
Claren Tower 1 (Claren Tower A)

About 701, Claren Tower 1 (Claren Tower A)

701 is a one-bedroom apartment of 881 sqft on the 7th 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 2014 for AED 1,900,000, or AED 2,157 per sqft, 10% above the AED 1,968 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical one-bed in Claren Tower 1 (Claren Tower A)
1.5M2M2010201520202025Typical sale price by year: 2010 AED 2,016,888; 2012 AED 1,247,400; 2013 AED 1,600,000; 2014 AED 1,886,388; 2015 AED 1,961,888; 2016 AED 1,435,053; 2019 AED 1,200,000; 2022 AED 1,225,000; 2023 AED 1,600,000; 2024 AED 1,700,000; 2025 AED 1,845,000; 2026 AED 1,900,000Sold by developer, March 2010: AED 2,283,888 (AED 2,593 per sqft)Sold, January 2014: AED 2,283,888 (AED 2,593 per sqft)Sold, May 2014: AED 1,900,000 (AED 2,157 per sqft)

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

Rents
Unit 701, each contractTypical one-bed in Claren Tower 1 (Claren Tower A)
75K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 85,000; 2014 AED 110,000; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 81,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 84,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 100,000

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 701 sits

All 64 1-beds →

701 last sold in May 2014 at AED 2,157 per sqft, 10% above what one-beds in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 1,968). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Jul 20261,850,000
6 Mar 20261,900,000
5 Mar 20262,100,000
23 Feb 20262,000,000
7 1-bed sales 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 →

Other units on the 7th floor

All 141 units in Claren Tower 1 (Claren Tower A)
Value
702StudioAED 1.15M · Jun 2024
7031-bedAED 1.52M · Nov 2013
7041-bedAED 1.75M · Mar 2025
7052-bedAED 2.8M · Mar 2024
7061-bedAED 2.11M · Jan 2014
707StudioAED 1.3M · Jun 2014
7082-bedAED 2.53M · Sep 2013

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

  • Sold 3 times: first on 2 March 2010 for AED 2,283,888, last on 1 May 2014 for AED 1,900,000 (AED 2,157 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 1 May 2014.

Questions about 701, Claren Tower 1 (Claren Tower A)

What did unit 701 last sell for?

AED 1,900,000 on 1 May 2014: AED 2,157 per sqft for 881 sqft. The unit has 3 registered sales; the first was AED 2,283,888 in March 2010.

How big is unit 701?

881 sqft (81.8 sqm): a one-bedroom apartment on the 7th floor of a 19-storey tower completed in 2012.

What is unit 701 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.

Selling 701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 701, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 1.9M, 1 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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