1-bed · 838 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 6th floor · completed 2012

601, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 20 August 2023
Last soldAED 1.5M11 October 2016
Current rentAED 120K /yr20 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Claren Tower 2 (Claren Tower B)

What is 601 worth today?

Last sold for AED 1,500,000 in 2016

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20 Aug 2023RentedNew contract
AED 120,000/yr12 months · AED 143 per sqft
6 Aug 2022RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
7 Aug 2019RentedNew contract
AED 78,000/yr12 months · AED 93 per sqft
10 Oct 2017RentedRenewal
AED 120,000/yr12 months · AED 143 per sqft
11 Oct 2016SoldReady
AED 1,500,000AED 1,789 per sqft
10 Oct 2016RentedNew contract
AED 120,000/yr12 months · AED 143 per sqft
14 Jan 2015Sold by developerReady
AED 1,292,888AED 1,542 per sqft

Source: Dubai Land Department. Updated 20 August 2023.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
6th of 23
Parking
B2-2070
Developer
Emaar
Completed
2012
Service charge
AED 21,700 /yr
Last sold
AED 1.5M · October 2016

About 601, Claren Tower 2 (Claren Tower B)

601 is a one-bedroom apartment of 838 sqft on the 6th floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 11 October 2016 for AED 1,500,000, or AED 1,789 per sqft, in line with the AED 1,803 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 20 August 2023, is AED 120,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 21,700 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, January 2015: AED 1,292,888 (AED 1,542 per sqft)Sold, October 2016: AED 1,500,000 (AED 1,789 per sqft)

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

Rents
Unit 601, each contractTypical one-bed in Claren Tower 2 (Claren Tower B)
75K100K125K2013201720212025Typical 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 2016: AED 120,000 a yearRenewal, October 2017: AED 120,000 a yearNew contract, August 2019: AED 78,000 a yearNew contract, August 2022: AED 90,000 a yearNew contract, August 2023: 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 601 sits

All 82 1-beds →

601 last sold in October 2016 at AED 1,789 per sqft, in line with what one-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,803). 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. 601'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
6021-bedAED 1.17M · Apr 2022
6031-bedAED 1.34M · Apr 2023
6041-bedAED 1.92M · Aug 2014
6052-bedAED 1.69M · Dec 2013
6062-bedAED 3.45M · Apr 2015
6072-bedAED 2.6M · Nov 2016

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

  • Sold twice: first on 14 January 2015 for AED 1,292,888, last on 11 October 2016 for AED 1,500,000 (AED 1,789 per sqft).
  • Rented since October 2016 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 78,000 in 2019 and recovered to AED 120,000 by August 2023.
  • At AED 120,000 a year the gross yield on the 2016 price is 8.0%, before a service charge of about AED 21,700 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 20 August 2023.

Questions about 601, Claren Tower 2 (Claren Tower B)

What did unit 601 last sell for?

AED 1,500,000 on 11 October 2016: AED 1,789 per sqft for 838 sqft. The unit has 2 registered sales; the first was AED 1,292,888 in January 2015.

What is the rent for unit 601?

AED 120,000 a year on the contract signed on 20 August 2023. The previous contract, from August 2022, was AED 90,000; the unit has been rented since October 2016.

How big is unit 601?

838 sqft (77.9 sqm): a one-bedroom apartment on the 6th floor of a 23-storey tower completed in 2012.

What is unit 601 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 601, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 1.5M, 11 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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