1505, Claren Tower 2 (Claren Tower B)
Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, Claren Tower 2 (Claren Tower B)
What is 1505 worth today?
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Source: Dubai Land Department. Updated 21 July 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,232 sqft
- Floor
- 15th of 23
- Parking
- B1-1074
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 31,800 /yr
- Last sold
- AED 2.2M · July 2022
- Building
- Claren Tower 2 (Claren Tower B)
About 1505, Claren Tower 2 (Claren Tower B)
1505 is a two-bedroom apartment of 1,232 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 21 July 2022 for AED 2,200,000, or AED 1,786 per sqft.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 8 April 2022, is AED 106,000 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 31,800 a year.
Sales and rents for 1505 over time
1505 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1505 sits
All 61 2-beds →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. 1505's AED 106,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202615 May 2026 | 1,773 sqft | 2,560,000 | 1,443 | ||
| 13 May 202613 May 2026 | 1,628 sqft | 3,375,000 | 2,073 | ||
| 21 Jan 202621 January 2026 | 1,232 sqft | 2,830,000 | 2,296 | ||
| 23 Sep 202523 September 2025 | 1,660 sqft | 3,430,000 | 2,066 |
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 | |
| 1504 | 1-bed | 845 sqft | AED 1.35MAED 1,350,000 · Sep 2022September 2022 | 63,000 /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 |
1505, Claren Tower 2 (Claren Tower B) in numbers
- Sold 3 times: first on 2 March 2010 for AED 2,929,888, last on 21 July 2022 for AED 2,200,000 (AED 1,786 per sqft).
- Rented since September 2013 on 6 Ejari contracts, from AED 145,000 to AED 106,000 a year.
- At AED 106,000 a year the gross yield on the 2022 price is 4.8%, before a service charge of about AED 31,800 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 21 July 2022.
Questions about 1505, Claren Tower 2 (Claren Tower B)
What did unit 1505 last sell for?
AED 2,200,000 on 21 July 2022: AED 1,786 per sqft for 1,232 sqft. The unit has 3 registered sales; the first was AED 2,929,888 in March 2010.
What is the rent for unit 1505?
AED 106,000 a year on the contract signed on 8 April 2022. The previous contract, from March 2021, was AED 106,000; the unit has been rented since September 2013.
How big is unit 1505?
1,232 sqft (114.5 sqm): a two-bedroom apartment on the 15th floor of a 23-storey tower completed in 2012.
What is unit 1505 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 1505, Claren Tower 2 (Claren Tower B)
Starts from the last sale price (AED 2.2M, 21 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →