Claren Towers in Downtown Dubai - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Claren Towers

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	69	23,138	1,600,000
3	144	20,872	3,000,000

Rents in Claren Towers

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	73	1,566	115,000
2	120	1,375	164,500

The cap rate (rental yield) of investments into Claren Towers project is 6.9% on average.

The price of an apartment in Claren Towers is 21,608 AED/sqm on average.

The long term rent of an apartment in Claren Towers is 1,487 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Claren Towers is 1,600,000 AED or 23,138 AED/sqm.
Price for completed 3 bedroom apartment in Claren Towers is 3,000,000 AED or 20,872 AED/sqm.

Rent for 1 bedroom apartment in Claren Towers is 115,000 AED or 1,566 AED/sqm.
Rent for 2 bedroom apartment in Claren Towers is 164,500 AED or 1,375 AED/sqm.

About Claren Towers

'Claren Towers' in 'Downtown Dubai' area project description

Claren 1 is a residential development located in the heart of Dubai, UAE. It is part of the larger Claren development, which includes two other towers, Claren 2 and Claren 3. The project was developed by Emaar Properties and is located in Downtown Dubai, close to the iconic Burj Khalifa.

Claren 1 is a luxurious residential tower that offers a range of apartments and penthouses. The tower is designed to provide a contemporary lifestyle with modern amenities. It features a range of one, two and three bedroom apartments, as well as penthouses with stunning views of the city. The apartments are designed with the latest technology and modern fixtures, and come with a range of amenities such as a gym, swimming pool, sauna and steam room.

The tower also offers a range of facilities and services, such as a 24-hour concierge service, a business center, a children’s play area, a library, a spa and a restaurant. The tower also has a rooftop terrace, which offers stunning views of the city.

Claren 1 is located in close proximity to a range of attractions, such as the Dubai Mall, the Dubai Fountain, and the Dubai Opera House. The tower is also close to a range of restaurants, cafes, and bars. The tower is also close to a range of transportation options, such as the Dubai Metro and the Dubai Tram.

Claren 1 is the perfect place for those looking for a luxurious lifestyle in the heart of Dubai. The tower offers a range of amenities and facilities, as well as easy access to a range of attractions and transportation options. It is the perfect place to call home.

Q&A on Claren Towers

What are the advantages of 'Claren Towers' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Claren 1 is located in the heart of Downtown Dubai, one of the most sought-after locations in the city. It is close to the world-famous Burj Khalifa, The Dubai Mall, and other attractions.

2. Luxury Amenities: Claren 1 offers luxurious amenities such as a swimming pool, gym, spa, and a rooftop terrace with stunning views of the city.

3. Affordable Prices: Claren 1 offers competitive prices for luxury apartments in Dubai.

4. Flexible Payment Plans: Claren 1 offers flexible payment plans to suit different budgets and needs.

5. High Rental Yields: Claren 1 offers high rental yields, making it an attractive investment opportunity for real estate buyers.

What projects are better than 'Claren Towers' project in Dubai which are located close by, and why?

1. Burj Khalifa: As the tallest building in the world, it offers unparalleled views and luxury living with top-tier amenities, prestige, and more spacious apartments.
2. The Address Residences Fountain Views: This development provides direct access to The Dubai Mall and exquisite views of the Burj Khalifa and the Dubai Fountain, with hotel-level services.
3. Boulevard Point: Features high-end finishes and is strategically located to offer stunning views of the Opera District, ensuring a blend of luxury living and cultural richness.
4. Opera Grand: Located in the heart of the Opera District, it provides closer proximity to cultural attractions like Dubai Opera and offers unique architectural designs alongside luxurious amenities.
5. The Residences at Burj Khalifa: Offers larger living spaces compared to Claren Towers, with premium amenities and direct access to the Burj Khalifa and Dubai Mall.
6. Emaar Boulevard Crescent: Known for its top-notch amenities, contemporary design, and expansive green spaces, providing a more serene living environment in the bustling Downtown area.
7. Act One | Act Two Towers: Located in proximity to Dubai Opera, these towers offer a blend of modern design, cultural scenery, and convenient access to entertainment and dining options.