2-bed · 1,232 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 11th floor · completed 2012

1107, Claren Tower 2 (Claren Tower B)

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

Unit 1107 · DLD and Ejari recordsUpdated 23 July 2024
Last soldAED 2.9M23 February 2014
Current rentAED 138K /yr23 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1107, Claren Tower 2 (Claren Tower B)

What is 1107 worth today?

Last sold for AED 2,900,000 in 2014

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23 Jul 2024RentedRenewal
AED 138,000/yr12 months · AED 112 per sqft
23 Jul 2023RentedRenewal
AED 120,000/yr12 months · AED 98 per sqft
23 Jul 2022RentedRenewal
AED 114,500/yr12 months · AED 93 per sqft
23 Jul 2021RentedRenewal
AED 110,500/yr12 months · AED 90 per sqft
23 Jul 2020RentedRenewal
AED 107,500/yr12 months · AED 88 per sqft
23 Jul 2019RentedNew contract
AED 115,000/yr12 months · AED 94 per sqft
1 Dec 2017RentedRenewal
AED 155,000/yr12 months · AED 126 per sqft
1 Dec 2016RentedNew contract
AED 155,000/yr12 months · AED 126 per sqft

Source: Dubai Land Department. Updated 23 July 2024.

Key facts

Type
2-bed apartment
Size
1,232 sqft
Floor
11th of 23
Parking
B1-1063
Developer
Emaar
Completed
2012
Service charge
AED 31,900 /yr
Last sold
AED 2.9M · February 2014

About 1107, Claren Tower 2 (Claren Tower B)

1107 is a two-bedroom apartment of 1,232 sqft on the 11th floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 23 February 2014 for AED 2,900,000, or AED 2,353 per sqft, 38% above the AED 1,699 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 23 July 2024, is AED 138,000 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 31,900 a year.

Sales and rents for 1107 over time

Sales
Unit 1107, 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, November 2012: AED 1,577,053 (AED 1,279 per sqft)Sold, June 2013: AED 1,577,053 (AED 1,279 per sqft)Sold, February 2014: AED 2,900,000 (AED 2,353 per sqft)

1107 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1107, 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 145,000 a yearNew contract, February 2015: AED 155,000 a yearNew contract, December 2016: AED 155,000 a yearRenewal, December 2017: AED 155,000 a yearNew contract, July 2019: AED 115,000 a yearRenewal, July 2020: AED 107,500 a yearRenewal, July 2021: AED 110,500 a yearRenewal, July 2022: AED 114,500 a yearRenewal, July 2023: AED 120,000 a yearRenewal, July 2024: AED 138,000 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 1107 sits

All 61 2-beds →

1107 last sold in February 2014 at AED 2,353 per sqft, 38% above what two-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,699). 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. 1107's AED 138,000 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
11011-bedAED 1.3M · Sep 2014
11021-bedAED 1.23M · Feb 2014
11031-bedAED 1.56M · Nov 2025
11041-bedAED 1.5M · Apr 2017
11052-bedAED 1.7M · Jul 2019
11062-bedAED 2.05M · Aug 2019

1107, Claren Tower 2 (Claren Tower B) in numbers

  • Sold 3 times: first on 12 November 2012 for AED 1,577,053, last on 23 February 2014 for AED 2,900,000 (AED 2,353 per sqft).
  • Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 145,000 to AED 107,500 in 2020 and recovered to AED 138,000 by July 2024.
  • At AED 138,000 a year the gross yield on the 2014 price is 4.8%, 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 23 July 2024.

Questions about 1107, Claren Tower 2 (Claren Tower B)

What did unit 1107 last sell for?

AED 2,900,000 on 23 February 2014: AED 2,353 per sqft for 1,232 sqft. The unit has 3 registered sales; the first was AED 1,577,053 in November 2012.

What is the rent for unit 1107?

AED 138,000 a year on the contract renewed on 23 July 2024. The previous contract, from July 2023, was AED 120,000; the unit has been rented since April 2014.

How big is unit 1107?

1,232 sqft (114.5 sqm): a two-bedroom apartment on the 11th floor of a 23-storey tower completed in 2012.

What is unit 1107 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 1107, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 2.9M, 23 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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