1-bed · 744 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 20th floor · completed 2012

2003, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 26 September 2024
Last soldAED 1.55M26 September 2024
Current rentAED 57K /yr7 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, Claren Tower 2 (Claren Tower B)

What is 2003 worth today?

Last sold for AED 1,550,000 in 2024

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26 Sep 2024SoldReady
AED 1,550,000AED 2,083 per sqft
7 Jul 2023SoldReady
AED 1,121,800AED 1,507 per sqft
7 Jun 2023RentedRenewal
AED 57,000/yr12 months · AED 77 per sqft
7 Jun 2022RentedRenewal
AED 57,000/yr12 months · AED 77 per sqft
7 Jun 2021RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
10 Oct 2020RentedNew contract
AED 65,000/yr12 months · AED 87 per sqft
15 Oct 2019RentedNew contract
AED 67,000/yr12 months · AED 90 per sqft
18 Aug 2016RentedNew contract
AED 85,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 26 September 2024.

Key facts

Type
1-bed apartment
Size
744 sqft
Floor
20th of 23
Parking
B2-2013
Developer
Emaar
Completed
2012
Service charge
AED 19,200 /yr
Last sold
AED 1.55M · September 2024

About 2003, Claren Tower 2 (Claren Tower B)

2003 is a one-bedroom apartment of 744 sqft on the 20th floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 26 September 2024 for AED 1,550,000, or AED 2,083 per sqft, 8% above the AED 1,930 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 7 June 2023, is AED 57,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 19,200 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, each saleTypical one-bed in Claren Tower 2 (Claren Tower B)
2M2009201420192024Typical sale price by year: 2009 AED 1,899,388; 2010 AED 1,940,888; 2012 AED 1,130,144; 2013 AED 1,350,000; 2014 AED 1,790,000; 2015 AED 1,308,944; 2016 AED 1,500,000; 2017 AED 1,175,000; 2018 AED 1,265,000; 2019 AED 1,200,000; 2021 AED 980,000; 2022 AED 1,300,000; 2023 AED 1,400,000; 2024 AED 1,555,000; 2025 AED 1,605,000; 2026 AED 1,700,000Sold by developer, March 2010: AED 3,240,888 (AED 4,355 per sqft)Sold, August 2013: AED 3,240,888 (AED 4,355 per sqft)Sold, July 2023: AED 1,121,800 (AED 1,507 per sqft)Sold, September 2024: AED 1,550,000 (AED 2,083 per sqft)

2003 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2003, each contractTypical one-bed in Claren Tower 2 (Claren Tower B)
50K75K100K2013201720212025Typical rent by year: 2013 AED 90,000; 2014 AED 105,000; 2015 AED 100,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 85,000; 2019 AED 74,000; 2020 AED 65,500; 2021 AED 65,000; 2022 AED 77,000; 2023 AED 86,498; 2024 AED 100,002; 2025 AED 105,000; 2026 AED 100,000New contract, August 2016: AED 85,000 a yearNew contract, October 2019: AED 67,000 a yearNew contract, October 2020: AED 65,000 a yearNew contract, June 2021: AED 55,000 a yearRenewal, June 2022: AED 57,000 a yearRenewal, June 2023: AED 57,000 a year

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 2003 sits

All 82 1-beds →

2003 last sold in September 2024 at AED 2,083 per sqft, 8% above what one-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,930). 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. 2003's AED 57,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 20261,700,000
13 Jan 20261,900,000
12 Jan 20261,500,000
9 Dec 20251,600,000
5 1-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
20011-bedAED 1.68M · Jan 2024
20021-bedAED 1.84M · Mar 2019
20041-bedAED 1.3M · Sep 2022
20052-bedAED 2.96M · Jan 2015
20062-bedAED 3.95M · Sep 2025
20072-bedAED 1.48M · Oct 2014

2003, Claren Tower 2 (Claren Tower B) in numbers

  • Sold 4 times: first on 2 March 2010 for AED 3,240,888, last on 26 September 2024 for AED 1,550,000 (AED 2,083 per sqft).
  • Rented since August 2016 on 6 Ejari contracts, from AED 85,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 19,200 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 26 September 2024.

Questions about 2003, Claren Tower 2 (Claren Tower B)

What did unit 2003 last sell for?

AED 1,550,000 on 26 September 2024: AED 2,083 per sqft for 744 sqft. The unit has 4 registered sales; the first was AED 3,240,888 in March 2010.

What is the rent for unit 2003?

AED 57,000 a year on the contract renewed on 7 June 2023. The previous contract, from June 2022, was AED 57,000; the unit has been rented since August 2016.

How big is unit 2003?

744 sqft (69.1 sqm): a one-bedroom apartment on the 20th floor of a 23-storey tower completed in 2012.

What is unit 2003 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 2003, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 1.55M, 26 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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