1-bed · 745 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 3rd floor · completed 2012

303, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold once, by the developer in September 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 1.2M30 September 2013
Current rentAED 80K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Claren Tower 2 (Claren Tower B)

What is 303 worth today?

Last sold for AED 1,199,888 in 2013

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1 Aug 2022RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
1 Oct 2015RentedNew contract
AED 99,732/yr12 months · AED 134 per sqft
1 Oct 2013RentedNew contract
AED 94,745/yr12 months · AED 128 per sqft
30 Sep 2013Sold by developerReady
AED 1,199,888AED 1,610 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
1-bed apartment
Size
745 sqft
Floor
3rd of 23
Parking
B2-2014
Developer
Emaar
Completed
2012
Service charge
AED 19,300 /yr
Last sold
AED 1.2M · September 2013

About 303, Claren Tower 2 (Claren Tower B)

303 is a one-bedroom apartment of 745 sqft on the 3rd floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 30 September 2013 for AED 1,199,888, or AED 1,610 per sqft, in line with the AED 1,620 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 August 2022, is AED 80,000 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 19,300 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Claren Tower 2 (Claren Tower B)
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,899,388; 2010 AED 1,940,888; 2012 AED 1,130,144; 2013 AED 1,350,000; 2014 AED 1,790,000; 2015 AED 1,308,944; 2016 AED 1,500,000; 2017 AED 1,175,000; 2018 AED 1,265,000; 2019 AED 1,200,000; 2021 AED 980,000; 2022 AED 1,300,000; 2023 AED 1,400,000; 2024 AED 1,555,000; 2025 AED 1,605,000; 2026 AED 1,700,000Sold by developer, September 2013: AED 1,199,888 (AED 1,610 per sqft)

303 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 303, each contractTypical one-bed in Claren Tower 2 (Claren Tower B)
60K80K100K2013201720212025Typical rent by year: 2013 AED 90,000; 2014 AED 105,000; 2015 AED 100,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 85,000; 2019 AED 74,000; 2020 AED 65,500; 2021 AED 65,000; 2022 AED 77,000; 2023 AED 86,498; 2024 AED 100,002; 2025 AED 105,000; 2026 AED 100,000New contract, October 2013: AED 94,745 a yearNew contract, October 2015: AED 99,732 a yearNew contract, August 2022: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Claren Tower 2 (Claren Tower B), and where 303 sits

All 82 1-beds →

303 last sold in September 2013 at AED 1,610 per sqft, in line with what one-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,620). Over the last 12 months one-beds sold for AED 1,500,000 to 1,900,000, around AED 2,149 per sqft, and rent for AED 36,000 to 130,000 a year. 303's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 20261,700,000
13 Jan 20261,900,000
12 Jan 20261,500,000
9 Dec 20251,600,000
5 1-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
3011-bedAED 1.29M · Sep 2013
3021-bedAED 1.35M · Jan 2023
3041-bedAED 1.61M · Jan 2025
3052-bedAED 2.75M · Jun 2025
3061-bedAED 1.1M · Dec 2019
3072-bedAED 1.75M · Aug 2013

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

  • Sold once: by Emaar on 30 September 2013 for AED 1,199,888, or AED 1,610 per sqft.
  • Rented since October 2013 on 3 Ejari contracts, from AED 94,745 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2013 price is 6.7%, before a service charge of about AED 19,300 a year (AED 25.85 per sqft).
  • One-beds in Claren Tower 2 (Claren Tower B) sold for AED 1,500,000–1,900,000 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 1 August 2022.

Questions about 303, Claren Tower 2 (Claren Tower B)

What did unit 303 last sell for?

AED 1,199,888 on 30 September 2013, sold by the developer: AED 1,610 per sqft for 745 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 80,000 a year on the contract signed on 1 August 2022. The previous contract, from October 2015, was AED 99,732; the unit has been rented since October 2013.

How big is unit 303?

745 sqft (69.2 sqm): a one-bedroom apartment on the 3rd floor of a 23-storey tower completed in 2012.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Claren Tower 2 (Claren Tower B) sold for AED 1,500,000 to 1,900,000 in the last 12 months, around AED 2,149 per sqft.

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Mortgage on 303, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 1.2M, 30 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,199,888
Deposit, UAE resident (20%)
AED 239,978
Deposit, non-resident (40%)
AED 479,955
Monthly over 25 years at 3.7%
AED 4,909

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