1504, Claren Tower 2 (Claren Tower B)
Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Claren Tower 2 (Claren Tower B)
What is 1504 worth today?
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Source: Dubai Land Department. Updated 20 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 845 sqft
- Floor
- 15th of 23
- Parking
- B2-2106
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 21,800 /yr
- Last sold
- AED 1.35M · September 2022
- Building
- Claren Tower 2 (Claren Tower B)
About 1504, Claren Tower 2 (Claren Tower B)
1504 is a one-bedroom apartment of 845 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 September 2022 for AED 1,350,000, or AED 1,597 per sqft, in line with the AED 1,567 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 15 February 2022, is AED 63,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 21,800 a year.
Sales and rents for 1504 over time
1504 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 1504 sits
All 82 1-beds →1504 last sold in September 2022 at AED 1,597 per sqft, in line with what one-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,567). 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. 1504's AED 63,000 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 | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 838 sqft | AED 1.61MAED 1,610,000 · Dec 2023December 2023 | 70,000 /yr | |
| 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 | |
| 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 |
1504, Claren Tower 2 (Claren Tower B) in numbers
- Sold 3 times: first on 8 March 2010 for AED 924,444, last on 20 September 2022 for AED 1,350,000 (AED 1,597 per sqft).
- Rented since June 2016 on 5 Ejari contracts, from AED 125,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2022 price is 4.7%, before a service charge of about AED 21,800 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 September 2022.
Questions about 1504, Claren Tower 2 (Claren Tower B)
What did unit 1504 last sell for?
AED 1,350,000 on 20 September 2022: AED 1,597 per sqft for 845 sqft. The unit has 3 registered sales; the first was AED 924,444 in March 2010.
What is the rent for unit 1504?
AED 63,000 a year on the contract renewed on 15 February 2022. The previous contract, from February 2021, was AED 63,000; the unit has been rented since June 2016.
How big is unit 1504?
845 sqft (78.5 sqm): a one-bedroom apartment on the 15th floor of a 23-storey tower completed in 2012.
What is unit 1504 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 1504, Claren Tower 2 (Claren Tower B)
Starts from the last sale price (AED 1.35M, 20 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →