
2304, Claren Tower 2 (Claren Tower B)
Sold prices and rental history: sold 4 times, last in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, Claren Tower 2 (Claren Tower B)
What is 2304 worth today?
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Source: Dubai Land Department. Updated 14 December 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 1,719 sqft
- Floor
- 23rd of 23
- Parking
- B1-1092,B1-1091
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 44,400 /yr
- Last sold
- AED 2.8M · December 2022
- Building
- Claren Tower 2 (Claren Tower B)
About 2304, Claren Tower 2 (Claren Tower B)
2304 is a three-bedroom apartment of 1,719 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 14 December 2022 for AED 2,800,000, or AED 1,629 per sqft.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 8 November 2021, is AED 127,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 44,400 a year.
Sales and rents for 2304 over time
2304 has sold 4 times; 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 2304 sits
All 6 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 2 Jan 20192 January 2019 | 1,719 sqft | 2,470,000 | 1,437 |
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)2304, Claren Tower 2 (Claren Tower B) in numbers
- Sold 4 times: first on 2 June 2013 for AED 2,896,888, last on 14 December 2022 for AED 2,800,000 (AED 1,629 per sqft).
- Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 210,000 to AED 115,000 in 2020 and recovered to AED 127,000 by November 2021.
- At AED 127,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 44,400 a year (AED 25.85 per sqft).
Source: Dubai Land Department. Updated 14 December 2022.
Questions about 2304, Claren Tower 2 (Claren Tower B)
What did unit 2304 last sell for?
AED 2,800,000 on 14 December 2022: AED 1,629 per sqft for 1,719 sqft. The unit has 4 registered sales; the first was AED 2,896,888 in June 2013.
What is the rent for unit 2304?
AED 127,000 a year on the contract renewed on 8 November 2021. The previous contract, from November 2020, was AED 115,000; the unit has been rented since November 2013.
How big is unit 2304?
1,719 sqft (159.7 sqm): a three-bedroom apartment on the 23rd floor of a 23-storey tower completed in 2012.
What is unit 2304 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 2304, Claren Tower 2 (Claren Tower B)
Starts from the last sale price (AED 2.8M, 14 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →