Project · Transactions · 2016

Claren Tower Property Transactions 2016

22 property sales worth ⃃ 45.81M were registered in Claren Tower in 2016, 43.6% lower than 2015 by number of sales. The median sale price was ⃃ 1,677,500 and the median price per square foot ⃃ 1,889 (−16.4% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 22 salesUpdated: 18 Oct 2026
Property sales
22
−43.6% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 45.81M
−39.0% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,677,500
−14.5% vs 2015
22 sales
Median price per sq ft
⃃ 1,889
−16.4% vs 2015
22 sales

What types of property sold in Claren Tower in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments22100%⃃ 45.81M⃃ 1,677,500⃃ 1,889

How were 2016 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)14.5%⃃ 4.9M⃃ 4,898,888⃃ 2,641
Resale (secondary)2195.5%⃃ 40.91M⃃ 1,620,000⃃ 1,870
Off-plan1254.5%⃃ 22.65M⃃ 1,517,500⃃ 1,872
Ready1045.5%⃃ 23.16M⃃ 1,912,500⃃ 1,897

How many rental contracts were registered in Claren Tower in 2016?

149 rental contracts (new and renewed) were registered in Claren Tower in 2016, at a median annual rent of ⃃ 115,000 (+2.2% on 2015). Rental yields in Claren Tower

What were the most expensive property sales in Claren Tower in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
02/08/2016Claren Tower 13 beds · Apartment1,855 sq ft⃃ 4,898,888Primary · Ready
07/12/2016Claren Pd1 bed · Apartment784 sq ft⃃ 3,600,210Resale · Ready
25/08/2016Claren Tower 21 bed · Apartment744 sq ft⃃ 3,177,888Resale · Off-plan
06/06/2016Claren Tower 12 beds · Apartment1,257 sq ft⃃ 2,600,000Resale · Ready
17/11/2016Claren Tower 22 beds · Apartment1,232 sq ft⃃ 2,600,000Resale · Off-plan
21/04/2016Claren Tower 22 beds · Apartment1,231 sq ft⃃ 2,500,000Resale · Off-plan
29/08/2016Claren Tower 22 beds · Apartment1,232 sq ft⃃ 2,500,000Resale · Off-plan
07/04/2016Claren Tower 12 beds · Apartment1,257 sq ft⃃ 2,350,000Resale · Ready
12/12/2016Claren Pd2 beds · Apartment1,462 sq ft⃃ 2,000,000Resale · Ready
27/03/2016Claren Pd1 bed · Apartment797 sq ft⃃ 1,825,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
14/12/2016Claren Tower 11 bed · Apartment842 sq ft⃃ 1,620,000Resale · Ready
12/12/2016Claren Pd2 beds · Apartment1,462 sq ft⃃ 2,000,000Resale · Ready
07/12/2016Claren Pd1 bed · Apartment784 sq ft⃃ 3,600,210Resale · Ready
28/11/2016Claren Tower 21 bed · Apartment817 sq ft⃃ 1,500,000Resale · Off-plan
17/11/2016Claren Tower 22 beds · Apartment1,232 sq ft⃃ 2,600,000Resale · Off-plan
11/10/2016Claren Tower 21 bed · Apartment838 sq ft⃃ 1,500,000Resale · Off-plan
18/09/2016Claren Tower 21 bed · Apartment744 sq ft⃃ 1,325,000Resale · Off-plan
29/08/2016Claren Tower 22 beds · Apartment1,232 sq ft⃃ 2,500,000Resale · Off-plan
25/08/2016Claren Tower 21 bed · Apartment744 sq ft⃃ 3,177,888Resale · Off-plan
02/08/2016Claren Tower 13 beds · Apartment1,855 sq ft⃃ 4,898,888Primary · 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 2016 with the whole of 2015.
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/2016
Claren Tower Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/claren-tower/2016

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 in 2016?
22 property sales worth ⃃ 45,812,092 were registered in Claren Tower in 2016. That is 43.6% lower than 2015.
What was the median property price in Claren Tower in 2016?
The median sale price was ⃃ 1,677,500 and the median price per square foot ⃃ 1,889 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Claren Tower were off-plan or from developers?
Developer (primary) sales were 4.5% of the 22 sales and resales 95.5%. Off-plan units made up 54.5% and ready units 45.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/claren-tower/2016