705, Claren Tower 1 (Claren Tower A)
Sold prices and rental history: sold 4 times, last in March 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Claren Tower 1 (Claren Tower A)
What is 705 worth today?
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Source: Dubai Land Department. Updated 1 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,257 sqft
- Floor
- 7th of 19
- Parking
- B1-1157
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 32,500 /yr
- Last sold
- AED 2.8M · March 2024
- Building
- Claren Tower 1 (Claren Tower A)
About 705, Claren Tower 1 (Claren Tower A)
705 is a two-bedroom apartment of 1,257 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 March 2024 for AED 2,800,000, or AED 2,227 per sqft, 19% above the AED 1,872 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 26 May 2020, is AED 122,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 32,500 a year.
Sales and rents for 705 over time
705 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Claren Tower 1 (Claren Tower A), and where 705 sits
All 30 2-beds →705 last sold in March 2024 at AED 2,227 per sqft, 19% above what two-beds in Claren Tower 1 (Claren Tower A) were fetching at the time (AED 1,872). Over the last 12 months two-beds sold for AED 2,800,000, around AED 2,227 per sqft, and rent for AED 120,000 to 250,000 a year. 705's AED 122,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 1,257 sqft | 2,800,000 | 2,227 | ||
| 4 Nov 20254 November 2025 | 1,257 sqft | 2,200,000 | 1,750 | ||
| 18 Jul 202518 July 2025 | 1,888 sqft | 2,844,483 | 1,506 | ||
| 2 Apr 20252 April 2025 | 1,257 sqft | 2,535,000 | 2,016 |
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 7th floor
All 141 units in Claren Tower 1 (Claren Tower A)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 881 sqft | AED 1.9MAED 1,900,000 · May 2014May 2014 | ||
| 702 | Studio | 497 sqft | AED 1.15MAED 1,150,000 · Jun 2024June 2024 | 85,000 /yr | |
| 703 | 1-bed | 861 sqft | AED 1.52MAED 1,520,000 · Nov 2013November 2013 | 90,338 /yr | |
| 704 | 1-bed | 869 sqft | AED 1.75MAED 1,750,000 · Mar 2025March 2025 | 120,000 /yr | |
| 706 | 1-bed | 842 sqft | AED 2.11MAED 2,112,888 · Jan 2014January 2014 | 90,000 /yr | |
| 707 | Studio | 483 sqft | AED 1.3MAED 1,300,000 · Jun 2014June 2014 | 85,000 /yr | |
| 708 | 2-bed | 1,257 sqft | AED 2.53MAED 2,525,000 · Sep 2013September 2013 | 165,000 /yr |
705, Claren Tower 1 (Claren Tower A) in numbers
- Sold 4 times: first on 26 December 2013 for AED 1,907,888, last on 1 March 2024 for AED 2,800,000 (AED 2,227 per sqft).
- Rented since May 2018 on 3 Ejari contracts, from AED 135,000 to AED 122,000 a year.
- At AED 122,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 32,500 a year (AED 25.85 per sqft).
- Two-beds in Claren Tower 1 (Claren Tower A) sold for AED 2,800,000–2,800,000 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 March 2024.
Questions about 705, Claren Tower 1 (Claren Tower A)
What did unit 705 last sell for?
AED 2,800,000 on 1 March 2024: AED 2,227 per sqft for 1,257 sqft. The unit has 4 registered sales; the first was AED 1,907,888 in December 2013.
What is the rent for unit 705?
AED 122,000 a year on the contract renewed on 26 May 2020. The previous contract, from May 2019, was AED 128,000; the unit has been rented since May 2018.
How big is unit 705?
1,257 sqft (116.8 sqm): a two-bedroom apartment on the 7th floor of a 19-storey tower completed in 2012.
What is unit 705 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Claren Tower 1 (Claren Tower A) sold for AED 2,800,000 to 2,800,000 in the last 12 months, around AED 2,227 per sqft.
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Mortgage on 705, Claren Tower 1 (Claren Tower A)
Starts from the last sale price (AED 2.8M, 1 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →