1-bed · 869 sqftClaren Tower 1 (Claren Tower A), Downtown Dubai · 7th floor · completed 2012

704, Claren Tower 1 (Claren Tower A)

Sold prices and rental history: sold 4 times, last in March 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 28 March 2025
Last soldAED 1.75M28 March 2025
Current rentAED 120K /yr8 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Claren Tower 1 (Claren Tower A)

What is 704 worth today?

Last sold for AED 1,750,000 in 2025

Unlock today's estimate, updated daily, with

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

28 Mar 2025SoldReady
AED 1,750,000AED 2,013 per sqft
8 Oct 2024RentedNew contract
AED 120,000/yr12 months · AED 138 per sqft
10 Mar 2023RentedNew contract
AED 105,000/yr12 months · AED 120 per sqft
5 Dec 2021RentedNew contract
AED 91,920/yr12 months · AED 105 per sqft
28 Jan 2020RentedNew contract
AED 90,000/yr12 months · AED 103 per sqft
1 May 2014SoldReady
AED 1,900,000AED 2,186 per sqft
28 Jan 2014SoldReady
AED 2,310,888AED 2,658 per sqft
2 Mar 2010Sold by developerOff-plan
AED 2,310,888AED 2,658 per sqft

Source: Dubai Land Department. Updated 28 March 2025.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
7th of 19
Parking
B2-2177
Developer
Emaar
Completed
2012
Service charge
AED 22,500 /yr
Last sold
AED 1.75M · March 2025

About 704, Claren Tower 1 (Claren Tower A)

704 is a one-bedroom apartment of 869 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 28 March 2025 for AED 1,750,000, or AED 2,013 per sqft, in line with the AED 2,013 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 8 October 2024, is AED 120,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 22,500 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Claren Tower 1 (Claren Tower A)
2M2010201520202025Typical 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 2,310,888 (AED 2,658 per sqft)Sold, January 2014: AED 2,310,888 (AED 2,658 per sqft)Sold, May 2014: AED 1,900,000 (AED 2,186 per sqft)Sold, March 2025: AED 1,750,000 (AED 2,013 per sqft)

704 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, each contractTypical one-bed in Claren Tower 1 (Claren Tower A)
75K100K125K2012201620202024Typical 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 100,000New contract, January 2020: AED 90,000 a yearNew contract, December 2021: AED 91,920 a yearNew contract, March 2023: AED 105,000 a yearNew contract, October 2024: AED 120,000 a year

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 704 sits

All 64 1-beds →

704 last sold in March 2025 at AED 2,013 per sqft, in line with what one-beds in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 2,013). 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. 704's AED 120,000 is in the upper half of that range.

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 →
Value
7011-bedAED 1.9M · May 2014
702StudioAED 1.15M · Jun 2024
7031-bedAED 1.52M · Nov 2013
7052-bedAED 2.8M · Mar 2024
7061-bedAED 2.11M · Jan 2014
707StudioAED 1.3M · Jun 2014
7082-bedAED 2.53M · Sep 2013

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

  • Sold 4 times: first on 2 March 2010 for AED 2,310,888, last on 28 March 2025 for AED 1,750,000 (AED 2,013 per sqft).
  • Rented since January 2020 on 4 Ejari contracts, from AED 90,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2025 price is 6.9%, before a service charge of about AED 22,500 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 28 March 2025.

Questions about 704, Claren Tower 1 (Claren Tower A)

What did unit 704 last sell for?

AED 1,750,000 on 28 March 2025: AED 2,013 per sqft for 869 sqft. The unit has 4 registered sales; the first was AED 2,310,888 in March 2010.

What is the rent for unit 704?

AED 120,000 a year on the contract signed on 8 October 2024. The previous contract, from March 2023, was AED 105,000; the unit has been rented since January 2020.

How big is unit 704?

869 sqft (80.7 sqm): a one-bedroom apartment on the 7th floor of a 19-storey tower completed in 2012.

What is unit 704 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 704? 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 704, Claren Tower 1 (Claren Tower A)

Starts from the last sale price (AED 1.75M, 28 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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