3-bed · 1,719 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 23rd floor · completed 2012

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.

Unit 2304 · DLD and Ejari recordsUpdated 14 December 2022
Last soldAED 2.8M14 December 2022
Current rentAED 127K /yr8 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Claren Tower 2 (Claren Tower B)

What is 2304 worth today?

Last sold for AED 2,800,000 in 2022

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14 Dec 2022SoldReady
AED 2,800,000AED 1,629 per sqft
8 Nov 2021RentedRenewal
AED 127,000/yr12 months · AED 74 per sqft
8 Nov 2020RentedNew contract
AED 115,000/yr12 months · AED 67 per sqft
20 Aug 2019RentedRenewal
AED 150,000/yr12 months · AED 87 per sqft
20 Aug 2018RentedNew contract
AED 155,000/yr12 months · AED 90 per sqft
28 May 2017RentedRenewal
AED 250,000/yr12 months · AED 145 per sqft
28 May 2016RentedRenewal
AED 250,000/yr12 months · AED 145 per sqft
28 May 2015RentedNew contract
AED 230,000/yr12 months · AED 134 per sqft

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

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

Sales
Unit 2304, each saleTypical three-bed in Claren Tower 2 (Claren Tower B)
2M3M4M2012201520182021Typical sale price by year: 2012 AED 2,160,853; 2013 AED 2,863,388Sold, June 2013: AED 3,800,000 (AED 2,210 per sqft)Sold by developer, June 2013: AED 2,896,888 (AED 1,685 per sqft)Sold, September 2013: AED 2,896,888 (AED 1,685 per sqft)Sold, December 2022: AED 2,800,000 (AED 1,629 per sqft)

2304 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2304, each contractTypical three-bed in Claren Tower 2 (Claren Tower B)
100K200K20132016201920222025Typical rent by year: 2018 AED 155,000; 2019 AED 150,000; 2020 AED 124,000; 2021 AED 127,000; 2022 AED 157,300; 2024 AED 227,500New contract, November 2013: AED 210,000 a yearNew contract, May 2014: AED 230,000 a yearNew contract, May 2015: AED 230,000 a yearRenewal, May 2016: AED 250,000 a yearRenewal, May 2017: AED 250,000 a yearNew contract, August 2018: AED 155,000 a yearRenewal, August 2019: AED 150,000 a yearNew contract, November 2020: AED 115,000 a yearRenewal, November 2021: AED 127,000 a year

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 salesUnit no.Price (AED)Summary
4 Jul 20212,310,000
29 Mar 20212,100,000
21 Mar 20192,225,000
2 Jan 20192,470,000
0 3-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
23012-bedAED 2.35M · Feb 2024
23022-bedAED 2.1M · Jan 2023
23033-bedAED 3.65M · Jun 2013

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 →