1-bed · 1,134 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 3rd floor · completed 2012

306, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold twice, last in December 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 18 December 2019
Last soldAED 1.1M18 December 2019
Current rentAED 120K /yr15 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Claren Tower 2 (Claren Tower B)

What is 306 worth today?

Last sold for AED 1,100,000 in 2019

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18 Dec 2019SoldReady
AED 1,100,000AED 969 per sqft
15 Jul 2018RentedRenewal
AED 120,000/yr12 months · AED 106 per sqft
15 Jul 2017RentedRenewal
AED 123,000/yr12 months · AED 109 per sqft
15 Jul 2016RentedNew contract
AED 123,000/yr12 months · AED 109 per sqft
14 Apr 2015RentedNew contract
AED 130,000/yr12 months · AED 115 per sqft
15 Apr 2014RentedNew contract
AED 130,000/yr12 months · AED 115 per sqft
18 Sep 2013RentedNew contract
AED 125,000/yr12 months · AED 111 per sqft
24 Jul 2013Sold by developerReady
AED 1,639,888AED 1,445 per sqft

Source: Dubai Land Department. Updated 18 December 2019.

Key facts

Type
1-bed apartment
Size
1,134 sqft
Floor
3rd of 23
Parking
B2-2090
Developer
Emaar
Completed
2012
Service charge
AED 29,300 /yr
Last sold
AED 1.1M · December 2019

About 306, Claren Tower 2 (Claren Tower B)

306 is a one-bedroom apartment of 1,134 sqft on the 3rd floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 18 December 2019 for AED 1,100,000, or AED 969 per sqft, 19% below the AED 1,193 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 July 2018, is AED 120,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 29,300 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, July 2013: AED 1,639,888 (AED 1,445 per sqft)Sold, December 2019: AED 1,100,000 (AED 969 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Claren Tower 2 (Claren Tower B)
100K2013201720212025Typical 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, September 2013: AED 125,000 a yearNew contract, April 2014: AED 130,000 a yearNew contract, April 2015: AED 130,000 a yearNew contract, July 2016: AED 123,000 a yearRenewal, July 2017: AED 123,000 a yearRenewal, July 2018: AED 120,000 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 306 sits

All 82 1-beds →

306 last sold in December 2019 at AED 969 per sqft, 19% below what one-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,193). 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. 306's AED 120,000 is in the upper 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
3031-bedAED 1.2M · Sep 2013
3041-bedAED 1.61M · Jan 2025
3052-bedAED 2.75M · Jun 2025
3072-bedAED 1.75M · Aug 2013

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

  • Sold twice: first on 24 July 2013 for AED 1,639,888, last on 18 December 2019 for AED 1,100,000 (AED 969 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 125,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2019 price is 10.9%, before a service charge of about AED 29,300 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 18 December 2019.

Questions about 306, Claren Tower 2 (Claren Tower B)

What did unit 306 last sell for?

AED 1,100,000 on 18 December 2019: AED 969 per sqft for 1,134 sqft. The unit has 2 registered sales; the first was AED 1,639,888 in July 2013.

What is the rent for unit 306?

AED 120,000 a year on the contract renewed on 15 July 2018. The previous contract, from July 2017, was AED 123,000; the unit has been rented since September 2013.

How big is unit 306?

1,134 sqft (105.4 sqm): a one-bedroom apartment on the 3rd floor of a 23-storey tower completed in 2012.

What is unit 306 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 306, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 1.1M, 18 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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