707, Claren Tower 2 (Claren Tower B)
Sold prices and rental history: sold 3 times, last in July 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Claren Tower 2 (Claren Tower B)
What is 707 worth today?
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Source: Dubai Land Department. Updated 3 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,232 sqft
- Floor
- 7th of 23
- Parking
- B2-2085
- Developer
- Emaar
- Completed
- 2012
- Service charge
- AED 31,900 /yr
- Last sold
- AED 1.15M · July 2020
- Building
- Claren Tower 2 (Claren Tower B)
About 707, Claren Tower 2 (Claren Tower B)
707 is a two-bedroom apartment of 1,232 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 9 July 2020 for AED 1,150,000, or AED 933 per sqft, 24% below the AED 1,220 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 3 March 2024, is AED 200,000 a year: a gross yield of 17.4% on the 2020 price, before the service charge of about AED 31,900 a year.
Sales and rents for 707 over time
707 has sold 3 times; 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 707 sits
All 61 2-beds →707 last sold in July 2020 at AED 933 per sqft, 24% below what two-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,220). 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. 707's AED 200,000 is in the upper 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 7th floor
All 155 units in Claren Tower 2 (Claren Tower B)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 836 sqft | AED 1.4MAED 1,400,000 · Apr 2023April 2023 | 80,000 /yr | |
| 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, Claren Tower 2 (Claren Tower B) in numbers
- Sold 3 times: first on 15 September 2009 for AED 3,020,888, last on 9 July 2020 for AED 1,150,000 (AED 933 per sqft).
- Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 150,000 to AED 105,000 in 2021 and recovered to AED 200,000 by March 2024.
- At AED 200,000 a year the gross yield on the 2020 price is 17.4%, before a service charge of about AED 31,900 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 March 2024.
Questions about 707, Claren Tower 2 (Claren Tower B)
What did unit 707 last sell for?
AED 1,150,000 on 9 July 2020: AED 933 per sqft for 1,232 sqft. The unit has 3 registered sales; the first was AED 3,020,888 in September 2009.
What is the rent for unit 707?
AED 200,000 a year on the contract signed on 3 March 2024. The previous contract, from April 2021, was AED 105,000; the unit has been rented since November 2014.
How big is unit 707?
1,232 sqft (114.5 sqm): a two-bedroom apartment on the 7th floor of a 23-storey tower completed in 2012.
What is unit 707 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 707, Claren Tower 2 (Claren Tower B)
Starts from the last sale price (AED 1.15M, 9 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →