402, Claren Tower 2 (Claren Tower B)
Sold prices and rental history: sold 4 times, last in July 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Claren Tower 2 (Claren Tower B)
What is 402 worth today?
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Source: Dubai Land Department. Updated 27 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 744 sqft
- Floor
- 4th of 23
- Parking
- B2-2123
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 19,200 /yr
- Last sold
- AED 1.2M · July 2019
- Building
- Claren Tower 2 (Claren Tower B)
About 402, Claren Tower 2 (Claren Tower B)
402 is a one-bedroom apartment of 744 sqft on the 4th floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 31 July 2019 for AED 1,200,000, or AED 1,612 per sqft, 6% above the AED 1,514 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 27 December 2023, is AED 100,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 19,200 a year.
Sales and rents for 402 over time
402 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 402 sits
All 82 1-beds →402 last sold in July 2019 at AED 1,612 per sqft, 6% above what one-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,514). 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. 402's AED 100,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202622 January 2026 | 744 sqft | 1,700,000 | 2,284 | ||
| 13 Jan 202613 January 2026 | 845 sqft | 1,900,000 | 2,248 | ||
| 12 Jan 202612 January 2026 | 729 sqft | 1,500,000 | 2,056 | ||
| 9 Dec 20259 December 2025 | 744 sqft | 1,600,000 | 2,149 |
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 4th floor
All 155 units in Claren Tower 2 (Claren Tower B)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 838 sqft | AED 1MAED 1,000,000 · Apr 2019April 2019 | 85,000 /yr | |
| 403 | 1-bed | 744 sqft | AED 1.32MAED 1,320,000 · Nov 2023November 2023 | 90,001 /yr | |
| 404 | 1-bed | 845 sqft | AED 1.7MAED 1,700,000 · May 2015May 2015 | 120,000 /yr | |
| 405 | 2-bed | 1,231 sqft | AED 2.88MAED 2,884,888 · Mar 2010March 2010 | 145,000 /yr | |
| 406 | 2-bed | 1,628 sqft | AED 3.38MAED 3,375,000 · May 2026May 2026 | 145,000 /yr | |
| 407 | 2-bed | 1,230 sqft | AED 2.05MAED 2,050,000 · Dec 2022December 2022 | 150,000 /yr |
402, Claren Tower 2 (Claren Tower B) in numbers
- Sold 4 times: first on 2 March 2010 for AED 1,804,888, last on 31 July 2019 for AED 1,200,000 (AED 1,612 per sqft).
- Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 67,500 in 2021 and recovered to AED 100,000 by December 2023.
- At AED 100,000 a year the gross yield on the 2019 price is 8.3%, before a service charge of about AED 19,200 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 27 December 2023.
Questions about 402, Claren Tower 2 (Claren Tower B)
What did unit 402 last sell for?
AED 1,200,000 on 31 July 2019: AED 1,612 per sqft for 744 sqft. The unit has 4 registered sales; the first was AED 1,804,888 in March 2010.
What is the rent for unit 402?
AED 100,000 a year on the contract signed on 27 December 2023. The previous contract, from August 2022, was AED 82,000; the unit has been rented since July 2015.
How big is unit 402?
744 sqft (69.1 sqm): a one-bedroom apartment on the 4th floor of a 23-storey tower completed in 2012.
What is unit 402 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 402, Claren Tower 2 (Claren Tower B)
Starts from the last sale price (AED 1.2M, 31 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →