Modern 1 Bed | High Floor | Open View | Apartment in Downtown Dubai
AED 1,764,000

AED 2,103 per sqft

Permit Pending Verification

Modern 1 Bed | High Floor | Open View | Apartment in Downtown Dubai

Downtown Dubai, Dubai
Listed 96 days ago
1
Beds
1
Baths
839
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Claren Tower 2, Downtown Dubai. This 839 sqft property offers excellent value at AED 1,764,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views13
Referencebd5d2c00-cd5e-4c22-aca5-2f9d391ad024

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

8.4/ 10
Great Deal19.3% below market

Priced at AED 2,103/sqft vs market avg of AED 2,605/sqft in Downtown Dubai. This property is 19% below comparable DLD transactions — a strong investment opportunity.

Price per sqft comparisonDowntown Dubai · 1 BR apartment
AskingAED 2,103/sqft
DLD Market AvgAED 2,605/sqft

Price Transparency

Estimate
This listing
AED 2,103/sqft
Area benchmark unavailable
Asking priceAED 1,764,000
DLD transfer fee (4%)AED 70,560
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 3,598
Agency commission (2%)AED 35,280
Est. total transaction costAED 1,877,638

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 - 17% Above Market

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

Price per sqft comparisonDowntown Dubai · 1 BR apartment
This PropertyAED 2,103/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

Similar Units

11

Similar apartment in Downtown Dubai
Avg: AED 2.5MPSF: AED 2,634Range: AED 1.9M – AED 3.7M

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

Good Yield
Gross Yield
5%
Good Yield
Net Yield
4.28%
After charges
Estimated Rental Income
Monthly
AED 7,346
Annual
AED 88,146
Service Charge: AED 12,585/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average68.7% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 8,242

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 352,800)
5%80%
4.99%
2%8%
Property PriceAED 1,764,000
Loan AmountAED 1,411,200
Total InterestAED 1,061,254
Total Cost (Principal + Interest)AED 2,472,454

Estimated Upfront Costs

Down PaymentAED 352,800
DLD Registration (4%)AED 70,560
Agency Fee (2%)AED 35,280
Total UpfrontAED 458,640

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 1.65M

Avg. Price

AED 2,741.21

Avg. /sqft

5

Transactions

AED 2.45M39.0% higher
16 Apr 2026 1 Bed 1,095 sqftAED 2,240/sqft
Completed Sale
AED 1.95M10.8% higher
16 Apr 2026 1 Bed 597 sqftAED 3,275/sqft
Completed Sale
AED 1.17M34.0% lower
17 Nov 2025 1 Bed 449 sqftAED 2,595/sqft
Completed Sale
AED 1.43M19.2% lower
17 Nov 2025 1 Bed 445 sqftAED 3,205/sqft
Completed Sale
AED 1.26M28.4% lower
17 Nov 2025 1 Bed 528 sqftAED 2,392/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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