2-bed · 1,232 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 6th floor · completed 2012

605, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold twice, last in December 2013, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 1.69M25 December 2013
Current rentAED 190K /yr3 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Claren Tower 2 (Claren Tower B)

What is 605 worth today?

Last sold for AED 1,690,888 in 2013

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3 Jun 2024RentedRenewal
AED 190,000/yr12 months · AED 155 per sqft
3 Jun 2023RentedNew contract
AED 172,000/yr12 months · AED 140 per sqft
25 Dec 2013SoldReady
AED 1,690,888AED 1,373 per sqft
24 Sep 2012Sold by developerOff-plan
AED 1,690,888AED 1,373 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
2-bed apartment
Size
1,232 sqft
Floor
6th of 23
Parking
B1-1068
Developer
Emaar
Completed
2012
Service charge
AED 31,800 /yr
Last sold
AED 1.69M · December 2013

About 605, Claren Tower 2 (Claren Tower B)

605 is a two-bedroom apartment of 1,232 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 25 December 2013 for AED 1,690,888, or AED 1,373 per sqft, 11% below the AED 1,548 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 3 June 2024, is AED 190,000 a year: a gross yield of 11.2% on the 2013 price, before the service charge of about AED 31,800 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical two-bed in Claren Tower 2 (Claren Tower B)
2M3M2009201420192024Typical sale price by year: 2009 AED 2,949,388; 2010 AED 2,939,888; 2012 AED 1,686,888; 2013 AED 2,120,000; 2014 AED 2,935,388; 2015 AED 3,206,444; 2016 AED 2,500,000; 2019 AED 1,812,500; 2020 AED 1,500,000; 2022 AED 2,150,000; 2023 AED 2,250,000; 2024 AED 2,625,000; 2025 AED 3,430,000; 2026 AED 2,830,000Sold by developer, September 2012: AED 1,690,888 (AED 1,373 per sqft)Sold, December 2013: AED 1,690,888 (AED 1,373 per sqft)

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

Rents
Unit 605, each contractTypical two-bed in Claren Tower 2 (Claren Tower B)
100K150K200K2013201720212025Typical rent by year: 2013 AED 132,500; 2014 AED 155,000; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 151,800; 2018 AED 127,500; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 115,250; 2023 AED 140,000; 2024 AED 157,500; 2025 AED 165,000; 2026 AED 159,000New contract, June 2023: AED 172,000 a yearRenewal, June 2024: AED 190,000 a year

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 605 sits

All 61 2-beds →

605 last sold in December 2013 at AED 1,373 per sqft, 11% below what two-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,548). 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. 605's AED 190,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20262,560,000
13 May 20263,375,000
21 Jan 20262,830,000
23 Sep 20253,430,000
3 2-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
6011-bedAED 1.5M · Oct 2016
6021-bedAED 1.17M · Apr 2022
6031-bedAED 1.34M · Apr 2023
6041-bedAED 1.92M · Aug 2014
6062-bedAED 3.45M · Apr 2015
6072-bedAED 2.6M · Nov 2016

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

  • Sold twice: first on 24 September 2012 for AED 1,690,888, last on 25 December 2013 for AED 1,690,888 (AED 1,373 per sqft).
  • Rented since June 2023 on 2 Ejari contracts, from AED 172,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2013 price is 11.2%, 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 3 June 2024.

Questions about 605, Claren Tower 2 (Claren Tower B)

What did unit 605 last sell for?

AED 1,690,888 on 25 December 2013: AED 1,373 per sqft for 1,232 sqft. The unit has 2 registered sales; the first was AED 1,690,888 in September 2012.

What is the rent for unit 605?

AED 190,000 a year on the contract renewed on 3 June 2024. The previous contract, from June 2023, was AED 172,000.

How big is unit 605?

1,232 sqft (114.5 sqm): a two-bedroom apartment on the 6th floor of a 23-storey tower completed in 2012.

What is unit 605 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 605, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 1.69M, 25 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,690,888
Deposit, UAE resident (20%)
AED 338,178
Deposit, non-resident (40%)
AED 676,355
Monthly over 25 years at 3.7%
AED 6,918

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