Building · Transactions · 2018

Claren Tower 1 Property Transactions 2018

3 property sales worth ⃃ 3.92M were registered in Claren Tower 1 in 2018, 40.0% lower than 2017 by number of sales. The median sale price was ⃃ 1,200,000 and the median price per square foot ⃃ 1,512 (−31.1% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 3 salesUpdated: 18 Oct 2026
Property sales
3
−40.0% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 3.92M
−53.8% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 1,200,000
+9.1% vs 2017
3 sales
Median price per sq ft
⃃ 1,512
−31.1% vs 2017
3 sales

What types of property sold in Claren Tower 1 in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3100%⃃ 3.92M⃃ 1,200,000⃃ 1,512

How were 2018 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)133.3%⃃ 819K⃃ 818,888⃃ 1,648
Resale (secondary)266.7%⃃ 3.1M⃃ 1,550,000⃃ 1,446
Ready3100%⃃ 3.92M⃃ 1,200,000⃃ 1,512

How many rental contracts were registered in Claren Tower 1 in 2018?

81 rental contracts (new and renewed) were registered in Claren Tower 1 in 2018, at a median annual rent of ⃃ 90,000 (−8.0% on 2017). Rental yields in Claren Tower 1

What were the most expensive property sales in Claren Tower 1 in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
02/10/2018Claren Tower 12 beds · Apartment1,257 sq ft⃃ 1,900,000Resale · Ready
17/12/2018Claren Tower 11 bed · Apartment869 sq ft⃃ 1,200,000Resale · Ready
23/09/2018Claren Tower 1Studio · Apartment497 sq ft⃃ 818,888Primary · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
17/12/2018Claren Tower 11 bed · Apartment869 sq ft⃃ 1,200,000Resale · Ready
02/10/2018Claren Tower 12 beds · Apartment1,257 sq ft⃃ 1,900,000Resale · Ready
23/09/2018Claren Tower 1Studio · Apartment497 sq ft⃃ 818,888Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2018 with the whole of 2017.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/claren-tower-1/2018
Claren Tower 1 Property Transactions 2018. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/claren-tower-1/2018

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Claren Tower 1 in 2018?
3 property sales worth ⃃ 3,918,888 were registered in Claren Tower 1 in 2018. That is 40.0% lower than 2017.
What was the median property price in Claren Tower 1 in 2018?
The median sale price was ⃃ 1,200,000 and the median price per square foot ⃃ 1,512 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Claren Tower 1 were off-plan or from developers?
Developer (primary) sales were 33.3% of the 3 sales and resales 66.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/claren-tower-1/2018