Studio · 435 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 1st floor · completed 2012

102, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 11 November 2024
Last soldAED 1M11 November 2024
Current rentAED 61K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Claren Tower 2 (Claren Tower B)

What is 102 worth today?

Last sold for AED 1,000,000 in 2024

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11 Nov 2024SoldReady
AED 1,000,000AED 2,296 per sqft
10 Jun 2024RentedRenewal
AED 60,978/yr10 months · AED 142 per sqft
10 Jun 2023RentedRenewal
AED 55,500/yr12 months · AED 129 per sqft
10 Jun 2022RentedRenewal
AED 52,800/yr12 months · AED 123 per sqft
10 Jun 2021RentedRenewal
AED 48,000/yr12 months · AED 111 per sqft
10 Jun 2020RentedNew contract
AED 48,000/yr12 months · AED 111 per sqft
25 Nov 2018RentedNew contract
AED 58,000/yr12 months · AED 135 per sqft
1 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 163 per sqft

Source: Dubai Land Department. Updated 11 November 2024.

Key facts

Type
Studio apartment
Size
435 sqft
Floor
1st of 23
Parking
B2-2136
Developer
Emaar
Completed
2012
Service charge
AED 11,300 /yr
Last sold
AED 1M · November 2024

About 102, Claren Tower 2 (Claren Tower B)

102 is a studio of 435 sqft on the 1st floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 11 November 2024 for AED 1,000,000, or AED 2,296 per sqft.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 60,978 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 11,300 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical studio in Claren Tower 2 (Claren Tower B)
1M1.2M2010201420182022Typical sale price by year: 2010 AED 1,296,888; 2013 AED 1,104,888; 2014 AED 1,296,888; 2015 AED 1,050,000Sold by developer, March 2010: AED 1,104,888 (AED 2,537 per sqft)Sold, September 2013: AED 1,104,888 (AED 2,537 per sqft)Sold, December 2015: AED 1,050,000 (AED 2,411 per sqft)Sold, November 2024: AED 1,000,000 (AED 2,296 per sqft)

102 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 102, each contractTypical studio in Claren Tower 2 (Claren Tower B)
40K60K80K20132016201920222025Typical rent by year: 2013 AED 70,000; 2015 AED 77,500; 2017 AED 70,000; 2020 AED 46,500; 2021 AED 43,250; 2022 AED 50,650; 2023 AED 50,788; 2024 AED 54,000New contract, April 2016: AED 70,000 a yearNew contract, October 2017: AED 70,000 a yearNew contract, November 2018: AED 58,000 a yearNew contract, June 2020: AED 48,000 a yearRenewal, June 2021: AED 48,000 a yearRenewal, June 2022: AED 52,800 a yearRenewal, June 2023: AED 55,500 a yearRenewal, June 2024: AED 60,978 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Claren Tower 2 (Claren Tower B), and where 102 sits

All 6 studios →
Recent studio salesUnit no.Price (AED)Summary
17 Nov 2021715,000
12 Mar 20151,050,000
12 Mar 20151,050,000
10 Apr 20141,200,000
0 studio 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
1011-bedAED 1.5M · Jan 2026
103StudioAED 600K · May 2011
104StudioAED 1.05M · Mar 2015
1051-bedAED 1.39M · Jan 2016
1061-bedAED 1.7M · Sep 2013
107StudioAED 1.05M · Mar 2015
108StudioAED 715K · Nov 2021
1–7 of 9

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

  • Sold 4 times: first on 2 March 2010 for AED 1,104,888, last on 11 November 2024 for AED 1,000,000 (AED 2,296 per sqft).
  • Rented since April 2016 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2021 and recovered to AED 60,978 by June 2024.
  • At AED 60,978 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 11,300 a year (AED 25.85 per sqft).

Source: Dubai Land Department. Updated 11 November 2024.

Questions about 102, Claren Tower 2 (Claren Tower B)

What did unit 102 last sell for?

AED 1,000,000 on 11 November 2024: AED 2,296 per sqft for 435 sqft. The unit has 4 registered sales; the first was AED 1,104,888 in March 2010.

What is the rent for unit 102?

AED 60,978 a year on the contract renewed on 10 June 2024. The previous contract, from June 2023, was AED 55,500; the unit has been rented since April 2016.

How big is unit 102?

435 sqft (40.4 sqm): a studio on the 1st floor of a 23-storey tower completed in 2012.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 102, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 1M, 11 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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