Studio · 420 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 1st floor · completed 2012

107, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold 3 times, last in March 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 1.05M12 March 2015
Current rentAED 54K /yr18 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Claren Tower 2 (Claren Tower B)

What is 107 worth today?

Last sold for AED 1,050,000 in 2015

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18 Dec 2024RentedRenewal
AED 54,000/yr12 months · AED 129 per sqft
18 Dec 2024RentedRenewal
AED 54,000/yr12 months · AED 129 per sqft
17 Dec 2023RentedRenewal
AED 50,788/yr12 months · AED 121 per sqft
18 Dec 2022RentedRenewal
AED 48,500/yr12 months · AED 116 per sqft
18 Dec 2021RentedRenewal
AED 43,500/yr12 months · AED 104 per sqft
18 Dec 2020RentedRenewal
AED 42,500/yr12 months · AED 101 per sqft
18 Dec 2019RentedRenewal
AED 49,500/yr12 months · AED 118 per sqft
18 Dec 2018RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
Studio apartment
Size
420 sqft
Floor
1st of 23
Parking
B2-2137
Developer
Emaar
Completed
2012
Service charge
AED 10,900 /yr
Last sold
AED 1.05M · March 2015

About 107, Claren Tower 2 (Claren Tower B)

107 is a studio of 420 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 12 March 2015 for AED 1,050,000, or AED 2,501 per sqft, in line with the AED 2,501 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 18 December 2024, is AED 54,000 a year: a gross yield of 5.1% on the 2015 price, before the service charge of about AED 10,900 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical studio in Claren Tower 2 (Claren Tower B)
1.2M2010201220142016Typical 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 1,296,888 (AED 3,089 per sqft)Sold, February 2014: AED 1,296,888 (AED 3,089 per sqft)Sold, March 2015: AED 1,050,000 (AED 2,501 per sqft)

107 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 107, each contractTypical studio in Claren Tower 2 (Claren Tower B)
40K60K80K2013201720212025Typical 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, August 2013: AED 55,000 a yearNew contract, August 2014: AED 77,500 a yearRenewal, August 2015: AED 77,500 a yearNew contract, August 2016: AED 70,000 a yearNew contract, October 2017: AED 60,000 a yearNew contract, December 2018: AED 50,000 a yearRenewal, December 2019: AED 49,500 a yearRenewal, December 2020: AED 42,500 a yearRenewal, December 2021: AED 43,500 a yearRenewal, December 2022: AED 48,500 a yearRenewal, December 2023: AED 50,788 a yearRenewal, December 2024: AED 54,000 a yearRenewal, December 2024: AED 54,000 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 107 sits

All 6 studios →

107 last sold in March 2015 at AED 2,501 per sqft, in line with what studios in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 2,501).

Recent studio salesUnit no.Price (AED)Summary
11 Nov 20241,000,000
17 Nov 2021715,000
29 Dec 20151,050,000
12 Mar 20151,050,000
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
102StudioAED 1M · Nov 2024
103StudioAED 600K · May 2011
104StudioAED 1.05M · Mar 2015
1051-bedAED 1.39M · Jan 2016
1061-bedAED 1.7M · Sep 2013
108StudioAED 715K · Nov 2021
1–7 of 9

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

  • Sold 3 times: first on 2 March 2010 for AED 1,296,888, last on 12 March 2015 for AED 1,050,000 (AED 2,501 per sqft).
  • Rented since August 2013 on 13 Ejari contracts. The rent fell from AED 55,000 to AED 42,500 in 2020 and recovered to AED 54,000 by December 2024.
  • At AED 54,000 a year the gross yield on the 2015 price is 5.1%, before a service charge of about AED 10,900 a year (AED 25.85 per sqft).

Source: Dubai Land Department. Updated 18 December 2024.

Questions about 107, Claren Tower 2 (Claren Tower B)

What did unit 107 last sell for?

AED 1,050,000 on 12 March 2015: AED 2,501 per sqft for 420 sqft. The unit has 3 registered sales; the first was AED 1,296,888 in March 2010.

What is the rent for unit 107?

AED 54,000 a year on the contract renewed on 18 December 2024. The previous contract, from December 2024, was AED 54,000; the unit has been rented since August 2013.

How big is unit 107?

420 sqft (39.0 sqm): a studio on the 1st floor of a 23-storey tower completed in 2012.

What is unit 107 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 107, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 1.05M, 12 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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