Spacious 4 Bedroom | Duplex | Upgraded | Apartment in Downtown Dubai
AED 16,892,000

AED 3,457 per sqft

Permit Pending Verification

Spacious 4 Bedroom | Duplex | Upgraded | Apartment in Downtown Dubai

Downtown Dubai, Dubai
Listed 141 days ago
4
Beds
5
Baths
4,887
Sqft
apartment
Type

About This Property

Premium 4 bedroom apartment available in Claren Tower 1, Downtown Dubai. This 4887 sqft property offers excellent value at AED 16,892,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views144
Referencea3922ce3-787c-4b5d-9d82-069331a4c7c5

Area & Neighborhood Guide

9.5/10
Investment Score
6.8%
Avg. Yield
+15.2%
1Y Growth
Very High
Market
Schools
1
Healthcare
1
Transport
1
Retail
1
Green space
0
Waterfront
0

Nearby Amenities & Landmarks

Dubai Mall
Burj Khalifa
Dubai Opera
Downtown Metro
GEMS Wellington Academy
Mediclinic City Hospital
Souk Al Bahar

Upcoming Developments

Dubai Creek Harbour expansion
New luxury residential towers
Enhanced cultural district

Demographics

75K+
Residents
34
Avg. Age
90%
Expats

Deal Scoreâ„¢

AI-powered price analysis vs DLD transactions

7.5/ 10
Great Deal13.3% below market

Priced at AED 3,457/sqft vs market avg of AED 3,986/sqft in Downtown Dubai. This property is 13% below comparable DLD transactions — a strong investment opportunity.

Price per sqft comparisonDowntown Dubai · 4 BR apartment
AskingAED 3,457/sqft
DLD Market AvgAED 3,986/sqft

Price Transparency

Estimate
This listing
AED 3,457/sqft
Area benchmark unavailable
Asking priceAED 16,892,000
DLD transfer fee (4%)AED 675,680
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 31,963
Agency commission (2%)AED 337,840
Est. total transaction costAED 17,941,683

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Premium Price

Premium Pricing - 92% Above Market

Significantly above the Downtown Dubai average of AED 1800/sqft. May have unique features justifying the premium.

Price per sqft comparisonDowntown Dubai · 4 BR apartment
This PropertyAED 3,457/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

PropertyIndex.ae • Updated 2026-02-22

Downtown Dubai Market Intelligence

Full Report
Avg Price/SqftAED 2,678
Active Listings101
Trenddown
Price History (per sqft)
AED 2,639
Dec
AED 2,663
Jan
AED 2,780
Feb
AED 2,636
Mar

Average Price per Sqft by Month

Investment ROI Calculator

Based on 13 rental comparables in Downtown Dubai

Moderate Yield
Gross Yield
3.04%
Moderate Yield
Net Yield
2.61%
After charges
Estimated Rental Income
Monthly
AED 42,786
Annual
AED 513,434
Service Charge: AED 73,305/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average199.8% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 78,920

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 3,378,400)
5%80%
4.99%
2%8%
Property PriceAED 16,892,000
Loan AmountAED 13,513,600
Total InterestAED 10,162,534
Total Cost (Principal + Interest)AED 23,676,134

Estimated Upfront Costs

Down PaymentAED 3,378,400
DLD Registration (4%)AED 675,680
Agency Fee (2%)AED 337,840
Total UpfrontAED 4,391,920

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Recent Apartment Transactions

Similar apartments sold in Downtown Dubai

AED 18.52M

Avg. Price

AED 4,477.61

Avg. /sqft

5

Transactions

AED 13.04M22.8% lower
16 Mar 2026 4 Bed 2,940 sqftAED 4,434/sqft
Completed Sale
AED 17.92M6.1% higher
16 Mar 2026 4 Bed 4,311 sqftAED 4,157/sqft
Completed Sale
AED 22.97M36.0% higher
15 Jan 2026 4 Bed 4,250 sqftAED 5,405/sqft
Completed Sale
AED 20.60M21.9% higher
15 Jan 2026 4 Bed 4,925 sqftAED 4,182/sqft
Completed Sale
AED 18.08M7.0% higher
16 Dec 2025 4 Bed 4,294 sqftAED 4,209/sqft
Completed Sale

Transactions shown are for similar apartments in Downtown Dubai. Prices may vary based on floor, view, and finishing.

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