1-bed · 744 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 7th floor · completed 2012

703, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold 3 times, last in February 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 7 June 2026
Last soldAED 1.37M27 February 2014
Current rentAED 99K /yr7 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Claren Tower 2 (Claren Tower B)

What is 703 worth today?

Last sold for AED 1,370,000 in 2014

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7 Jun 2026RentedNew contract
AED 99,225/yr12 months · AED 133 per sqft
7 Jun 2025RentedRenewal
AED 99,225/yr12 months · AED 134 per sqft
7 Jun 2025RentedRenewal
AED 99,225/yr12 months · AED 134 per sqft
7 Jun 2024RentedRenewal
AED 94,500/yr12 months · AED 127 per sqft
7 Jun 2023RentedRenewal
AED 90,000/yr12 months · AED 121 per sqft
7 Jun 2022RentedNew contract
AED 85,000/yr12 months · AED 114 per sqft
1 Oct 2021RentedNew contract
AED 70,000/yr12 months · AED 94 per sqft
12 Jun 2021RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 7 June 2026.

Key facts

Type
1-bed apartment
Size
744 sqft
Floor
7th of 23
Parking
B2-2018
Developer
Emaar
Completed
2012
Service charge
AED 19,200 /yr
Last sold
AED 1.37M · February 2014

About 703, Claren Tower 2 (Claren Tower B)

703 is a one-bedroom apartment of 744 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 27 February 2014 for AED 1,370,000, or AED 1,841 per sqft, 10% above the AED 1,669 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 7 June 2026, is AED 99,225 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 19,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, December 2012: AED 1,090,888 (AED 1,466 per sqft)Sold, November 2013: AED 1,090,888 (AED 1,466 per sqft)Sold, February 2014: AED 1,370,000 (AED 1,841 per sqft)

703 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703, each contractTypical one-bed in Claren Tower 2 (Claren Tower B)
75K100K2013201720212025Typical 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, December 2016: AED 95,000 a yearNew contract, September 2017: AED 90,000 a yearNew contract, May 2020: AED 60,000 a yearNew contract, June 2021: AED 60,000 a yearNew contract, October 2021: AED 70,000 a yearNew contract, June 2022: AED 85,000 a yearRenewal, June 2023: AED 90,000 a yearRenewal, June 2024: AED 94,500 a yearRenewal, June 2025: AED 99,225 a yearRenewal, June 2025: AED 99,225 a yearNew contract, June 2026: AED 99,225 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 703 sits

All 82 1-beds →

703 last sold in February 2014 at AED 1,841 per sqft, 10% above what one-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,669). 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. 703's AED 99,225 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
7011-bedAED 1.4M · Apr 2023
7021-bedAED 710K · May 2017
7041-bedAED 1.73M · Oct 2014
7052-bedAED 1.7M · Jan 2021
7062-bedAED 3.5M · Apr 2025
7072-bedAED 1.15M · Jul 2020

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

  • Sold 3 times: first on 6 December 2012 for AED 1,090,888, last on 27 February 2014 for AED 1,370,000 (AED 1,841 per sqft).
  • Rented since December 2016 on 11 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2021 and recovered to AED 99,225 by June 2026.
  • At AED 99,225 a year the gross yield on the 2014 price is 7.2%, before a service charge of about AED 19,200 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 7 June 2026.

Questions about 703, Claren Tower 2 (Claren Tower B)

What did unit 703 last sell for?

AED 1,370,000 on 27 February 2014: AED 1,841 per sqft for 744 sqft. The unit has 3 registered sales; the first was AED 1,090,888 in December 2012.

What is the rent for unit 703?

AED 99,225 a year on the contract signed on 7 June 2026. The previous contract, from June 2025, was AED 99,225; the unit has been rented since December 2016.

How big is unit 703?

744 sqft (69.1 sqm): a one-bedroom apartment on the 7th floor of a 23-storey tower completed in 2012.

What is unit 703 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 703, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 1.37M, 27 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,370,000
Deposit, UAE resident (20%)
AED 274,000
Deposit, non-resident (40%)
AED 548,000
Monthly over 25 years at 3.7%
AED 5,605

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