701, Claren Tower 2 (Claren Tower B)
Sold prices and rental history: sold 5 times, last in April 2023, 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 701, Claren Tower 2 (Claren Tower B)
What is 701 worth today?
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Source: Dubai Land Department. Updated 5 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 836 sqft
- Floor
- 7th of 23
- Parking
- B2-2068
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.4M · April 2023
- Building
- Claren Tower 2 (Claren Tower B)
About 701, Claren Tower 2 (Claren Tower B)
701 is a one-bedroom apartment of 836 sqft on the 7th floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. It last sold on 5 April 2023 for AED 1,400,000, or AED 1,673 per sqft, in line with the AED 1,635 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 7 November 2018, is AED 80,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 21,600 a year.
Sales and rents for 701 over time
701 has sold 5 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 701 sits
All 82 1-beds →701 last sold in April 2023 at AED 1,673 per sqft, in line with what one-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,635). 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. 701's AED 80,000 is in the lower 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 7th floor
All 155 units in Claren Tower 2 (Claren Tower B)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 744 sqft | AED 710KAED 710,000 · May 2017May 2017 | 100,000 /yr | |
| 703 | 1-bed | 744 sqft | AED 1.37MAED 1,370,000 · Feb 2014February 2014 | 99,225 /yr | |
| 704 | 1-bed | 843 sqft | AED 1.73MAED 1,730,000 · Oct 2014October 2014 | 105,000 /yr | |
| 705 | 2-bed | 1,232 sqft | AED 1.7MAED 1,700,000 · Jan 2021January 2021 | 115,000 /yr | |
| 706 | 2-bed | 1,660 sqft | AED 3.5MAED 3,500,000 · Apr 2025April 2025 | 56,842 /yr | |
| 707 | 2-bed | 1,232 sqft | AED 1.15MAED 1,150,000 · Jul 2020July 2020 | 200,000 /yr |
701, Claren Tower 2 (Claren Tower B) in numbers
- Sold 5 times: first on 30 August 2009 for AED 1,853,888, last on 5 April 2023 for AED 1,400,000 (AED 1,673 per sqft).
- Rented since September 2015 on 4 Ejari contracts, from AED 105,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 21,600 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 5 April 2023.
Questions about 701, Claren Tower 2 (Claren Tower B)
What did unit 701 last sell for?
AED 1,400,000 on 5 April 2023: AED 1,673 per sqft for 836 sqft. The unit has 5 registered sales; the first was AED 1,853,888 in August 2009.
What is the rent for unit 701?
AED 80,000 a year on the contract signed on 7 November 2018. The previous contract, from September 2017, was AED 106,000; the unit has been rented since September 2015.
How big is unit 701?
836 sqft (77.7 sqm): a one-bedroom apartment on the 7th floor of a 23-storey tower completed in 2012.
What is unit 701 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 701, Claren Tower 2 (Claren Tower B)
Starts from the last sale price (AED 1.4M, 5 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →