505, Claren Tower 2 (Claren Tower B)
Sold prices and rental history: sold twice, last in July 2013, 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 505, Claren Tower 2 (Claren Tower B)
What is 505 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,232 sqft
- Floor
- 5th of 23
- Parking
- B1-1069
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 31,800 /yr
- Last sold
- AED 4.94M · July 2013
- Building
- Claren Tower 2 (Claren Tower B)
About 505, Claren Tower 2 (Claren Tower B)
505 is a two-bedroom apartment of 1,232 sqft on the 5th 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 2013 for AED 4,938,888, or AED 4,010 per sqft, 209% above the AED 1,297 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 14 Ejari contracts. The current contract, signed on 15 October 2026, is AED 150,000 a year: a gross yield of 3.0% on the 2013 price, before the service charge of about AED 31,800 a year.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 61 2-beds →505 last sold in July 2013 at AED 4,010 per sqft, 209% above what two-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,297). 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. 505'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 5th floor
All 155 units in Claren Tower 2 (Claren Tower B)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 838 sqft | AED 1.5MAED 1,500,000 · Jul 2017July 2017 | 125,000 /yr | |
| 502 | 1-bed | 744 sqft | AED 1.59MAED 1,588,944 · Aug 2016August 2016 | 115,000 /yr | |
| 503 | 1-bed | 744 sqft | AED 1.28MAED 1,275,000 · Mar 2015March 2015 | 110,000 /yr | |
| 504 | 1-bed | 843 sqft | AED 1.4MAED 1,401,888 · Aug 2013August 2013 | 90,000 /yr | |
| 506 | 2-bed | 1,660 sqft | AED 1.9MAED 1,900,000 · Mar 2021March 2021 | 175,000 /yr | |
| 507 | 2-bed | 1,232 sqft | AED 2.5MAED 2,500,000 · Aug 2016August 2016 | 165,000 /yr |
505, Claren Tower 2 (Claren Tower B) in numbers
- Sold twice: first on 2 March 2010 for AED 4,938,888, last on 31 July 2013 for AED 4,938,888 (AED 4,010 per sqft).
- Rented since February 2015 on 14 Ejari contracts. The rent fell from AED 150,000 to AED 105,000 in 2021 and recovered to AED 150,000 by October 2026.
- At AED 150,000 a year the gross yield on the 2013 price is 3.0%, 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 15 October 2026.
Questions about 505, Claren Tower 2 (Claren Tower B)
What did unit 505 last sell for?
AED 4,938,888 on 31 July 2013: AED 4,010 per sqft for 1,232 sqft. The unit has 2 registered sales; the first was AED 4,938,888 in March 2010.
What is the rent for unit 505?
AED 150,000 a year on the contract signed on 15 October 2026. The previous contract, from November 2025, was AED 175,000; the unit has been rented since February 2015.
How big is unit 505?
1,232 sqft (114.5 sqm): a two-bedroom apartment on the 5th floor of a 23-storey tower completed in 2012.
What is unit 505 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 505, Claren Tower 2 (Claren Tower B)
Starts from the last sale price (AED 4.94M, 31 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 4,938,888
- Deposit, UAE resident (20%)
- AED 987,778
- Deposit, non-resident (40%)
- AED 1,975,555
- Monthly over 25 years at 3.7%
- AED 20,207
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →