1501, Claren Tower 2 (Claren Tower B)
Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Claren Tower 2 (Claren Tower B)
What is 1501 worth today?
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Source: Dubai Land Department. Updated 20 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 838 sqft
- Floor
- 15th of 23
- Parking
- B2-2105
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 21,700 /yr
- Last sold
- AED 1.61M · December 2023
- Building
- Claren Tower 2 (Claren Tower B)
About 1501, Claren Tower 2 (Claren Tower B)
1501 is a one-bedroom apartment of 838 sqft on the 15th floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 20 December 2023 for AED 1,610,000, or AED 1,920 per sqft, 6% above the AED 1,810 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 7 November 2022, is AED 70,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 21,700 a year.
Sales and rents for 1501 over time
1501 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Claren Tower 2 (Claren Tower B), and where 1501 sits
All 82 1-beds →1501 last sold in December 2023 at AED 1,920 per sqft, 6% above what one-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,810). Over the last 12 months one-beds sold for AED 1,500,000 to 1,900,000, around AED 2,149 per sqft, and rent for AED 36,000 to 130,000 a year. 1501's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202622 January 2026 | 744 sqft | 1,700,000 | 2,284 | ||
| 13 Jan 202613 January 2026 | 845 sqft | 1,900,000 | 2,248 | ||
| 12 Jan 202612 January 2026 | 729 sqft | 1,500,000 | 2,056 | ||
| 9 Dec 20259 December 2025 | 744 sqft | 1,600,000 | 2,149 |
Claren Tower 2 (Claren Tower B)
Building155 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%
Other units on the 15th floor
All 155 units in Claren Tower 2 (Claren Tower B)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 1-bed | 744 sqft | AED 1.79MAED 1,790,000 · Jun 2014June 2014 | 95,000 /yr | |
| 1503 | 1-bed | 744 sqft | AED 1.53MAED 1,525,000 · Sep 2023September 2023 | 90,000 /yr | |
| 1504 | 1-bed | 845 sqft | AED 1.35MAED 1,350,000 · Sep 2022September 2022 | 63,000 /yr | |
| 1505 | 2-bed | 1,232 sqft | AED 2.2MAED 2,200,000 · Jul 2022July 2022 | 106,000 /yr | |
| 1506 | 2-bed | 1,660 sqft | AED 3.34MAED 3,339,888 · Mar 2014March 2014 | 183,000 /yr | |
| 1507 | 2-bed | 1,232 sqft | AED 2.93MAED 2,928,888 · Mar 2014March 2014 | 170,000 /yr |
1501, Claren Tower 2 (Claren Tower B) in numbers
- Sold 3 times: first on 18 September 2012 for AED 934,944, last on 20 December 2023 for AED 1,610,000 (AED 1,920 per sqft).
- Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 62,000 in 2020 and recovered to AED 70,000 by November 2022.
- At AED 70,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 21,700 a year (AED 25.85 per sqft).
- One-beds in Claren Tower 2 (Claren Tower B) sold for AED 1,500,000–1,900,000 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 20 December 2023.
Questions about 1501, Claren Tower 2 (Claren Tower B)
What did unit 1501 last sell for?
AED 1,610,000 on 20 December 2023: AED 1,920 per sqft for 838 sqft. The unit has 3 registered sales; the first was AED 934,944 in September 2012.
What is the rent for unit 1501?
AED 70,000 a year on the contract renewed on 7 November 2022. The previous contract, from November 2021, was AED 65,000; the unit has been rented since May 2014.
How big is unit 1501?
838 sqft (77.9 sqm): a one-bedroom apartment on the 15th floor of a 23-storey tower completed in 2012.
What is unit 1501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Claren Tower 2 (Claren Tower B) sold for AED 1,500,000 to 1,900,000 in the last 12 months, around AED 2,149 per sqft.
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Mortgage on 1501, Claren Tower 2 (Claren Tower B)
Starts from the last sale price (AED 1.61M, 20 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,610,000
- Deposit, UAE resident (20%)
- AED 322,000
- Deposit, non-resident (40%)
- AED 644,000
- Monthly over 25 years at 3.7%
- AED 6,587
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →