Studio · 427 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 1st floor · completed 2012

108, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold 3 times, last in November 2021, and rented once, from August 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 17 November 2021
Last soldAED 715K17 November 2021
Current rentAED 75K /yr7 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Claren Tower 2 (Claren Tower B)

What is 108 worth today?

Last sold for AED 715,000 in 2021

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17 Nov 2021SoldReady
AED 715,000AED 1,674 per sqft
7 Aug 2014RentedNew contract
AED 75,000/yr12 months · AED 174 per sqft
3 Oct 2013SoldReady
AED 1,943,888AED 4,552 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,943,888AED 4,552 per sqft

Source: Dubai Land Department. Updated 17 November 2021.

Key facts

Type
Studio apartment
Size
427 sqft
Floor
1st of 23
Parking
B2-2134
Developer
Emaar
Completed
2012
Service charge
AED 11,000 /yr
Last sold
AED 715K · November 2021

About 108, Claren Tower 2 (Claren Tower B)

108 is a studio of 427 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 17 November 2021 for AED 715,000, or AED 1,674 per sqft.

One Ejari contract is registered, from 7 August 2014. The current contract, signed on 7 August 2014, is AED 75,000 a year: a gross yield of 10.5% on the 2021 price, before the service charge of about AED 11,000 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical studio in Claren Tower 2 (Claren Tower B)
1M2M2010201420182022Typical 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 1,943,888 (AED 4,552 per sqft)Sold, October 2013: AED 1,943,888 (AED 4,552 per sqft)Sold, November 2021: AED 715,000 (AED 1,674 per sqft)

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

Rents
Unit 108, 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, August 2014: AED 75,000 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 108 sits

All 6 studios →
Recent studio salesUnit no.Price (AED)Summary
11 Nov 20241,000,000
29 Dec 20151,050,000
12 Mar 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
107StudioAED 1.05M · Mar 2015
1–7 of 9

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

  • Sold 3 times: first on 2 March 2010 for AED 1,943,888, last on 17 November 2021 for AED 715,000 (AED 1,674 per sqft).
  • Rented since August 2014 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 10.5%, before a service charge of about AED 11,000 a year (AED 25.85 per sqft).

Source: Dubai Land Department. Updated 17 November 2021.

Questions about 108, Claren Tower 2 (Claren Tower B)

What did unit 108 last sell for?

AED 715,000 on 17 November 2021: AED 1,674 per sqft for 427 sqft. The unit has 3 registered sales; the first was AED 1,943,888 in March 2010.

What is the rent for unit 108?

AED 75,000 a year on the contract signed on 7 August 2014.

How big is unit 108?

427 sqft (39.7 sqm): a studio on the 1st floor of a 23-storey tower completed in 2012.

What is unit 108 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 108, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 715K, 17 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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