2-bed · 1,232 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 10th floor · completed 2012

1007, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold 3 times, last in August 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 26 March 2019
Last soldAED 2.18M5 August 2013
Current rentAED 135K /yr26 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Claren Tower 2 (Claren Tower B)

What is 1007 worth today?

Last sold for AED 2,175,000 in 2013

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26 Mar 2019RentedRenewal
AED 135,000/yr12 months · AED 110 per sqft
26 Mar 2017RentedRenewal
AED 160,000/yr24 months · AED 130 per sqft
26 Mar 2016RentedRenewal
AED 160,000/yr12 months · AED 130 per sqft
26 Mar 2015RentedNew contract
AED 160,000/yr12 months · AED 130 per sqft
15 Apr 2014RentedNew contract
AED 140,000/yr12 months · AED 114 per sqft
5 Aug 2013SoldReady
AED 2,175,000AED 1,765 per sqft
6 Mar 2013SoldOff-plan
AED 2,175,000AED 1,765 per sqft
2 Mar 2010Sold by developerOff-plan
AED 2,450,266AED 1,988 per sqft

Source: Dubai Land Department. Updated 26 March 2019.

Key facts

Type
2-bed apartment
Size
1,232 sqft
Floor
10th of 23
Parking
B1-1064
Developer
Emaar
Completed
2012
Service charge
AED 31,900 /yr
Last sold
AED 2.18M · August 2013

About 1007, Claren Tower 2 (Claren Tower B)

1007 is a two-bedroom apartment of 1,232 sqft on the 10th floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 5 August 2013 for AED 2,175,000, or AED 1,765 per sqft, 36% above the AED 1,298 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 26 March 2019, is AED 135,000 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 31,900 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical two-bed in Claren Tower 2 (Claren Tower B)
2M3M2009201420192024Typical sale price by year: 2009 AED 2,949,388; 2010 AED 2,939,888; 2012 AED 1,686,888; 2013 AED 2,120,000; 2014 AED 2,935,388; 2015 AED 3,206,444; 2016 AED 2,500,000; 2019 AED 1,812,500; 2020 AED 1,500,000; 2022 AED 2,150,000; 2023 AED 2,250,000; 2024 AED 2,625,000; 2025 AED 3,430,000; 2026 AED 2,830,000Sold by developer, March 2010: AED 2,450,266 (AED 1,988 per sqft)Sold, March 2013: AED 2,175,000 (AED 1,765 per sqft)Sold, August 2013: AED 2,175,000 (AED 1,765 per sqft)

1007 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1007, each contractTypical two-bed in Claren Tower 2 (Claren Tower B)
100K150K2013201720212025Typical rent by year: 2013 AED 132,500; 2014 AED 155,000; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 151,800; 2018 AED 127,500; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 115,250; 2023 AED 140,000; 2024 AED 157,500; 2025 AED 165,000; 2026 AED 159,000New contract, April 2014: AED 140,000 a yearNew contract, March 2015: AED 160,000 a yearRenewal, March 2016: AED 160,000 a yearRenewal, March 2017: AED 160,000 a yearRenewal, March 2019: AED 135,000 a year

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 2 (Claren Tower B), and where 1007 sits

All 61 2-beds →

1007 last sold in August 2013 at AED 1,765 per sqft, 36% above what two-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,298). Over the last 12 months two-beds sold for AED 2,560,000 to 3,375,000, around AED 2,073 per sqft, and rent for AED 120,000 to 215,000 a year. 1007's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20262,560,000
13 May 20263,375,000
21 Jan 20262,830,000
23 Sep 20253,430,000
3 2-bed sales in the last 12 months

Claren Tower 2 (Claren Tower B)

Building

155 apartments, studios to 3-bed over 23 floors in Downtown Dubai, completed in 2012 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,123
Typical sale
AED 1.8M
Typical rent
AED 110K /yr
Typical yield
6.1%
Claren Tower 2 (Claren Tower B), Downtown Dubai: prices, sales and rents →
Value
10011-bedAED 980K · Feb 2021
10021-bedAED 1.6M · Dec 2025
10031-bedAED 1.82M · Mar 2019
10041-bedAED 500K · Dec 2018
10052-bedAED 2.21M · Sep 2013
10062-bedAED 2.57M · Jul 2013

1007, Claren Tower 2 (Claren Tower B) in numbers

  • Sold 3 times: first on 2 March 2010 for AED 2,450,266, last on 5 August 2013 for AED 2,175,000 (AED 1,765 per sqft).
  • Rented since April 2014 on 5 Ejari contracts, from AED 140,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2013 price is 6.2%, before a service charge of about AED 31,900 a year (AED 25.85 per sqft).
  • Two-beds in Claren Tower 2 (Claren Tower B) sold for AED 2,560,000–3,375,000 in the 12 months to November 2026; the building's median across all types is AED 2,123 per sqft.

Source: Dubai Land Department. Updated 26 March 2019.

Questions about 1007, Claren Tower 2 (Claren Tower B)

What did unit 1007 last sell for?

AED 2,175,000 on 5 August 2013: AED 1,765 per sqft for 1,232 sqft. The unit has 3 registered sales; the first was AED 2,450,266 in March 2010.

What is the rent for unit 1007?

AED 135,000 a year on the contract renewed on 26 March 2019. The previous contract, from March 2017, was AED 160,000; the unit has been rented since April 2014.

How big is unit 1007?

1,232 sqft (114.5 sqm): a two-bedroom apartment on the 10th floor of a 23-storey tower completed in 2012.

What is unit 1007 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 2 (Claren Tower B) sold for AED 2,560,000 to 3,375,000 in the last 12 months, around AED 2,073 per sqft.

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Mortgage on 1007, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 2.18M, 5 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,000
Deposit, UAE resident (20%)
AED 435,000
Deposit, non-resident (40%)
AED 870,000
Monthly over 25 years at 3.7%
AED 8,899

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