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2-bed · 1,384 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 22nd floor · completed 2012

2202, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold 4 times, last in March 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2202 · DLD and Ejari recordsUpdated 5 March 2019
Last soldAED 1.8M5 March 2019
Current rentAED 120K /yr18 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2202, Claren Tower 2 (Claren Tower B)

What is 2202 worth today?

Last sold for AED 1,800,000 in 2019

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5 Mar 2019SoldReady
AED 1,800,000AED 1,300 per sqft
18 Nov 2018RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
3 Oct 2017RentedNew contract
AED 130,000/yr12 months · AED 94 per sqft
7 Sep 2017SoldReady
AED 1,250,000AED 902 per sqft
1 Aug 2016RentedNew contract
AED 140,000/yr12 months · AED 101 per sqft
23 Mar 2014SoldReady
AED 4,034,888AED 2,914 per sqft
2 Mar 2010Sold by developerOff-plan
AED 4,034,888AED 2,914 per sqft

Source: Dubai Land Department. Updated 5 March 2019.

Key facts

Type
2-bed apartment
Size
1,384 sqft
Floor
22nd of 23
Parking
B1-1084
Developer
Emaar
Completed
2012
Service charge
AED 35,800 /yr
Last sold
AED 1.8M · March 2019
Building
Claren Tower 2 (Claren Tower B)

About 2202, Claren Tower 2 (Claren Tower B)

2202 is a two-bedroom apartment of 1,384 sqft on the 22nd floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 5 March 2019 for AED 1,800,000, or AED 1,300 per sqft, 7% below the AED 1,402 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 18 November 2018, is AED 120,000 a year: a gross yield of 6.7% on the 2019 price, before the service charge of about AED 35,800 a year.

Sales and rents for 2202 over time

Sales
Unit 2202, each saleTypical two-bed in Claren Tower 2 (Claren Tower B)
2M4M2009201420192024Typical 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, March 2010: AED 4,034,888 (AED 2,914 per sqft)Sold, March 2014: AED 4,034,888 (AED 2,914 per sqft)Sold, September 2017: AED 1,250,000 (AED 902 per sqft)Sold, March 2019: AED 1,800,000 (AED 1,300 per sqft)

2202 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2202, 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, August 2016: AED 140,000 a yearNew contract, October 2017: AED 130,000 a yearNew contract, November 2018: AED 120,000 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 2202 sits

All 61 2-beds →

2202 last sold in March 2019 at AED 1,300 per sqft, 7% below what two-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,402). 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. 2202's AED 120,000 is at the bottom 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 →

Other units on the 22nd floor

All 155 units in Claren Tower 2 (Claren Tower B)
Value
22012-bedAED 5.07M · Nov 2014
22033-bedAED 2.23M · Mar 2019
22043-bedAED 2.31M · Jul 2021

2202, Claren Tower 2 (Claren Tower B) in numbers

  • Sold 4 times: first on 2 March 2010 for AED 4,034,888, last on 5 March 2019 for AED 1,800,000 (AED 1,300 per sqft).
  • Rented since August 2016 on 3 Ejari contracts, from AED 140,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2019 price is 6.7%, before a service charge of about AED 35,800 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 5 March 2019.

Questions about 2202, Claren Tower 2 (Claren Tower B)

What did unit 2202 last sell for?

AED 1,800,000 on 5 March 2019: AED 1,300 per sqft for 1,384 sqft. The unit has 4 registered sales; the first was AED 4,034,888 in March 2010.

What is the rent for unit 2202?

AED 120,000 a year on the contract signed on 18 November 2018. The previous contract, from October 2017, was AED 130,000; the unit has been rented since August 2016.

How big is unit 2202?

1,384 sqft (128.6 sqm): a two-bedroom apartment on the 22nd floor of a 23-storey tower completed in 2012.

What is unit 2202 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 2202, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 1.8M, 5 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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