407, Claren Tower 2 (Claren Tower B)
Sold prices and rental history: sold 6 times, last in December 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Claren Tower 2 (Claren Tower B)
What is 407 worth today?
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Source: Dubai Land Department. Updated 12 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,230 sqft
- Floor
- 4th of 23
- Parking
- B2-2082
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 31,800 /yr
- Last sold
- AED 2.05M · December 2022
- Building
- Claren Tower 2 (Claren Tower B)
About 407, Claren Tower 2 (Claren Tower B)
407 is a two-bedroom apartment of 1,230 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 12 December 2022 for AED 2,050,000, or AED 1,666 per sqft, 5% below the AED 1,745 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 10 September 2017, is AED 150,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 31,800 a year.
Sales and rents for 407 over time
407 has sold 6 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Claren Tower 2 (Claren Tower B), and where 407 sits
All 61 2-beds →407 last sold in December 2022 at AED 1,666 per sqft, 5% below what two-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,745). Over the last 12 months two-beds sold for AED 2,560,000 to 3,375,000, around AED 2,073 per sqft, and rent for AED 120,000 to 215,000 a year. 407's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202615 May 2026 | 1,773 sqft | 2,560,000 | 1,443 | ||
| 13 May 202613 May 2026 | 1,628 sqft | 3,375,000 | 2,073 | ||
| 21 Jan 202621 January 2026 | 1,232 sqft | 2,830,000 | 2,296 | ||
| 23 Sep 202523 September 2025 | 1,660 sqft | 3,430,000 | 2,066 |
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 | |
| 402 | 1-bed | 744 sqft | AED 1.2MAED 1,200,000 · Jul 2019July 2019 | 100,000 /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, Claren Tower 2 (Claren Tower B) in numbers
- Sold 6 times: first on 2 March 2010 for AED 2,560,888, last on 12 December 2022 for AED 2,050,000 (AED 1,666 per sqft).
- Rented since July 2014 on 4 Ejari contracts, from AED 160,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 31,800 a year (AED 25.85 per sqft).
- Two-beds in Claren Tower 2 (Claren Tower B) sold for AED 2,560,000–3,375,000 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 12 December 2022.
Questions about 407, Claren Tower 2 (Claren Tower B)
What did unit 407 last sell for?
AED 2,050,000 on 12 December 2022: AED 1,666 per sqft for 1,230 sqft. The unit has 6 registered sales; the first was AED 2,560,888 in March 2010.
What is the rent for unit 407?
AED 150,000 a year on the contract signed on 10 September 2017. The previous contract, from August 2016, was AED 150,000; the unit has been rented since July 2014.
How big is unit 407?
1,230 sqft (114.3 sqm): a two-bedroom apartment on the 4th floor of a 23-storey tower completed in 2012.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Claren Tower 2 (Claren Tower B) sold for AED 2,560,000 to 3,375,000 in the last 12 months, around AED 2,073 per sqft.
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Mortgage on 407, Claren Tower 2 (Claren Tower B)
Starts from the last sale price (AED 2.05M, 12 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →