2-bed · 1,414 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 23rd floor · completed 2012

2301, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 19 February 2024
Last soldAED 2.35M19 February 2024
Current rentAED 150K /yr25 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Claren Tower 2 (Claren Tower B)

What is 2301 worth today?

Last sold for AED 2,350,000 in 2024

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19 Feb 2024SoldReady
AED 2,350,000AED 1,662 per sqft
25 Apr 2023RentedRenewal
AED 150,000/yr12 months · AED 106 per sqft
25 Apr 2022RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
18 Apr 2021RentedRenewal
AED 110,000/yr12 months · AED 78 per sqft
18 Apr 2020RentedNew contract
AED 110,000/yr12 months · AED 78 per sqft
1 Nov 2017RentedNew contract
AED 150,000/yr12 months · AED 106 per sqft
10 Oct 2015RentedNew contract
AED 147,000/yr12 months · AED 104 per sqft
1 Jul 2014RentedNew contract
AED 145,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 19 February 2024.

Key facts

Type
2-bed apartment
Size
1,414 sqft
Floor
23rd of 23
Parking
B1-1085
Developer
Emaar
Completed
2012
Service charge
AED 36,500 /yr
Last sold
AED 2.35M · February 2024

About 2301, Claren Tower 2 (Claren Tower B)

2301 is a two-bedroom apartment of 1,414 sqft on the 23rd floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 19 February 2024 for AED 2,350,000, or AED 1,662 per sqft, 11% below the AED 1,867 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 25 April 2023, is AED 150,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 36,500 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, 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, March 2010: AED 2,949,888 (AED 2,086 per sqft)Sold, October 2013: AED 2,949,888 (AED 2,086 per sqft)Sold, February 2024: AED 2,350,000 (AED 1,662 per sqft)

2301 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2301, 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, July 2013: AED 115,000 a yearNew contract, July 2014: AED 145,000 a yearNew contract, October 2015: AED 147,000 a yearNew contract, November 2017: AED 150,000 a yearNew contract, April 2020: AED 110,000 a yearRenewal, April 2021: AED 110,000 a yearNew contract, April 2022: AED 130,000 a yearRenewal, April 2023: AED 150,000 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 2301 sits

All 61 2-beds →

2301 last sold in February 2024 at AED 1,662 per sqft, 11% below what two-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,867). 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. 2301's AED 150,000 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
23022-bedAED 2.1M · Jan 2023
23033-bedAED 3.65M · Jun 2013
23043-bedAED 2.8M · Dec 2022

2301, Claren Tower 2 (Claren Tower B) in numbers

  • Sold 3 times: first on 2 March 2010 for AED 2,949,888, last on 19 February 2024 for AED 2,350,000 (AED 1,662 per sqft).
  • Rented since July 2013 on 8 Ejari contracts, from AED 115,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 36,500 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 19 February 2024.

Questions about 2301, Claren Tower 2 (Claren Tower B)

What did unit 2301 last sell for?

AED 2,350,000 on 19 February 2024: AED 1,662 per sqft for 1,414 sqft. The unit has 3 registered sales; the first was AED 2,949,888 in March 2010.

What is the rent for unit 2301?

AED 150,000 a year on the contract renewed on 25 April 2023. The previous contract, from April 2022, was AED 130,000; the unit has been rented since July 2013.

How big is unit 2301?

1,414 sqft (131.4 sqm): a two-bedroom apartment on the 23rd floor of a 23-storey tower completed in 2012.

What is unit 2301 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 2301, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 2.35M, 19 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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