2303, Claren Tower 2 (Claren Tower B)
Sold prices and rental history: sold twice, last in June 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2303, Claren Tower 2 (Claren Tower B)
What is 2303 worth today?
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Source: Dubai Land Department. Updated 20 February 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,660 sqft
- Floor
- 23rd of 23
- Parking
- B1-1015,B1-1014
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 42,900 /yr
- Last sold
- AED 3.65M · June 2013
- Building
- Claren Tower 2 (Claren Tower B)
About 2303, Claren Tower 2 (Claren Tower B)
2303 is a three-bedroom apartment of 1,660 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 16 June 2013 for AED 3,650,000, or AED 2,199 per sqft, 46% above the AED 1,511 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 20 February 2024, is AED 144,900 a year: a gross yield of 4.0% on the 2013 price, before the service charge of about AED 42,900 a year.
Sales and rents for 2303 over time
2303 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Claren Tower 2 (Claren Tower B), and where 2303 sits
All 6 3-beds →2303 last sold in June 2013 at AED 2,199 per sqft, 46% above what three-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,511).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Dec 202214 December 2022 | 1,719 sqft | 2,800,000 | 1,629 | ||
| 4 Jul 20214 July 2021 | 1,719 sqft | 2,310,000 | 1,343 | ||
| 29 Mar 202129 March 2021 | 1,660 sqft | 2,100,000 | 1,265 | ||
| 21 Mar 201921 March 2019 | 1,660 sqft | 2,225,000 | 1,340 |
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 23rd floor
All 155 units in Claren Tower 2 (Claren Tower B)2303, Claren Tower 2 (Claren Tower B) in numbers
- Sold twice: first on 26 May 2013 for AED 2,829,888, last on 16 June 2013 for AED 3,650,000 (AED 2,199 per sqft).
- Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 105,000 in 2021 and recovered to AED 144,900 by February 2024.
- At AED 144,900 a year the gross yield on the 2013 price is 4.0%, before a service charge of about AED 42,900 a year (AED 25.85 per sqft).
Source: Dubai Land Department. Updated 20 February 2024.
Questions about 2303, Claren Tower 2 (Claren Tower B)
What did unit 2303 last sell for?
AED 3,650,000 on 16 June 2013: AED 2,199 per sqft for 1,660 sqft. The unit has 2 registered sales; the first was AED 2,829,888 in May 2013.
What is the rent for unit 2303?
AED 144,900 a year on the contract signed on 20 February 2024. The previous contract, from February 2022, was AED 126,000; the unit has been rented since September 2018.
How big is unit 2303?
1,660 sqft (154.2 sqm): a three-bedroom apartment on the 23rd floor of a 23-storey tower completed in 2012.
What is unit 2303 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2303, Claren Tower 2 (Claren Tower B)
Starts from the last sale price (AED 3.65M, 16 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,650,000
- Deposit, UAE resident (20%)
- AED 730,000
- Deposit, non-resident (40%)
- AED 1,460,000
- Monthly over 25 years at 3.7%
- AED 14,933
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →