PropertyIndex

Claren 1

Completed · Q4 2011|329 units · 2 towers · 1 building

Alerts: Get notified of every new DLD-registered sale and rental contract.

Claren 1 is a completed apartment development by EMAAR PROPERTIES (P.J.S.C) in Downtown Dubai, Burj Khalifa, comprising 329 registered units. 929 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,060 per sqft. At AED 2,060 per sqft, Claren 1 prices 33% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 1.9% YoY
2.13MAED
Typical
2,060AED
PSF
Gross yield
5.4%
PIX© rent ÷ PIX© price
Sale records
929
DLD · all time
Rent contracts
2,391
Ejari · all time
Claren 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
420 – 55,066 sqft
3292.13M2,0601.9%114K5.4%
Residential
Studio · Apartment
420 – 668 sqft
48
1 Bed · Apartment
729 – 1,218 sqft
162
2 Bed · Apartment
1,224 – 2,334 sqft
95
3 Bed · Apartment
1,441 – 1,878 sqft
15
Commercial
Other Commercial
55,066 sqft
1
Shop
2,612 – 4,082 sqft
8
Sales — Project-Wide929 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower & Floor Analysis
last 24 months
All towers · 69 sales
Floors 1-6 · 33 sales
Floors 7-21 · 36 sales
Claren Tower 1 · 40 sales
Floors 1-6 · 19 sales
Floors 7-21 · 21 sales
Claren Tower 2 · 26 sales
Floors 1-6 · 11 sales
Floors 7-21 · 15 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
1 Jul 20261 BedClaren Tower 1 · Floor 88811,850,0002,101+10.4%StandardStandard Sale
15 May 20262 BedClaren Tower 2 · Floor 21,7732,560,0001,444StandardStandard Sale
13 May 20262 BedClaren Tower 2 · Floor 41,6283,375,0002,073+28.6%StandardStandard Sale
Rentals — Project-Wide2,391 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 364 rentals
Floors 1-4 · 90 rentals
Floors 5-22 · 274 rentals
Claren Tower 2 · 171 rentals
Floors 1-4 · 22 rentals
Floors 5-22 · 149 rentals
Claren Tower 1 · 165 rentals
Floors 1-4 · 40 rentals
Floors 5-22 · 125 rentals
Claren Pd · 28 rentals
Floors 1-4 · 28 rentals
Floors 5-22
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20261 BedClaren Tower 1 · Floor 5881110,000125-12.0%Standardnew
14 Aug 20261 BedClaren Tower 2 · Floor 181790,751111-4.5%Entry Levelrenewal
14 Aug 2026StudioClaren Tower 1 · Floor 1049780,0001610.0%Premiumrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about Claren 1

Answered from Dubai Land Department registered transactions.

How much does a property in Claren 1 cost?

Property in Claren 1 sells at a current PIX© price of AED 2,060 per sqft, or about AED 2,134,229 for a typical unit, based on 929 sales registered with the Dubai Land Department.

Is Claren 1 completed?

Yes. Claren 1 is recorded as completed in the Dubai Land Department project register (completed q4 2011).

Who is the developer of Claren 1?

Claren 1 is developed by EMAAR PROPERTIES (P.J.S.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Claren 1?

Claren 1 yields 5.4% gross, calculated from current PIX© rent against current PIX© sale price, across 2,391 registered Ejari contracts.

How many units are in Claren 1?

Claren 1 holds 329 registered units across 2 towers, per the Dubai Land Department unit register.

Have prices in Claren 1 gone up or down?

Price per sqft has fallen -1.9% over the last 12 months, to AED 2,060, across 929 registered sales.