2-bed · 1,232 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 17th floor · completed 2012

1707, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold 3 times, last in January 2019, and rented once, from January 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1707 · DLD and Ejari recordsUpdated 12 January 2019
Last soldAED 1.83M2 January 2019
Current rentAED 125K /yr12 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, Claren Tower 2 (Claren Tower B)

What is 1707 worth today?

Last sold for AED 1,825,000 in 2019

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12 Jan 2019RentedNew contract
AED 125,000/yr12 months · AED 102 per sqft
2 Jan 2019SoldReady
AED 1,825,000AED 1,481 per sqft
23 Jul 2013SoldReady
AED 1,598,473AED 1,297 per sqft
27 Nov 2012Sold by developerOff-plan
AED 1,598,473AED 1,297 per sqft

Source: Dubai Land Department. Updated 12 January 2019.

Key facts

Type
2-bed apartment
Size
1,232 sqft
Floor
17th of 23
Parking
B1-1106
Developer
Emaar
Completed
2012
Service charge
AED 31,900 /yr
Last sold
AED 1.83M · January 2019

About 1707, Claren Tower 2 (Claren Tower B)

1707 is a two-bedroom apartment of 1,232 sqft on the 17th floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 2 January 2019 for AED 1,825,000, or AED 1,481 per sqft.

One Ejari contract is registered, from 12 January 2019. The current contract, signed on 12 January 2019, is AED 125,000 a year: a gross yield of 6.9% on the 2019 price, before the service charge of about AED 31,900 a year.

Sales and rents for 1707 over time

Sales
Unit 1707, 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 1,598,473 (AED 1,297 per sqft)Sold, July 2013: AED 1,598,473 (AED 1,297 per sqft)Sold, January 2019: AED 1,825,000 (AED 1,481 per sqft)

1707 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1707, 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, January 2019: AED 125,000 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 1707 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. 1707's AED 125,000 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
17011-bedAED 1.3M · Aug 2014
17021-bedAED 1.68M · Mar 2014
17031-bedAED 1.45M · Oct 2013
17041-bedAED 1.54M · Jun 2016
17052-bedAED 2.15M · May 2022
17062-bedAED 2.1M · Apr 2019

1707, Claren Tower 2 (Claren Tower B) in numbers

  • Sold 3 times: first on 27 November 2012 for AED 1,598,473, last on 2 January 2019 for AED 1,825,000 (AED 1,481 per sqft).
  • Rented since January 2019 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2019 price is 6.9%, 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 12 January 2019.

Questions about 1707, Claren Tower 2 (Claren Tower B)

What did unit 1707 last sell for?

AED 1,825,000 on 2 January 2019: AED 1,481 per sqft for 1,232 sqft. The unit has 3 registered sales; the first was AED 1,598,473 in November 2012.

What is the rent for unit 1707?

AED 125,000 a year on the contract signed on 12 January 2019.

How big is unit 1707?

1,232 sqft (114.5 sqm): a two-bedroom apartment on the 17th floor of a 23-storey tower completed in 2012.

What is unit 1707 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 1707, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 1.83M, 2 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,825,000
Deposit, UAE resident (20%)
AED 365,000
Deposit, non-resident (40%)
AED 730,000
Monthly over 25 years at 3.7%
AED 7,467

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