Claren Towers

Claren Towers residential complex is located in the central area of Downtown Dubai on Mohammed Bin Rashid Boulevard. The complex consists of two detached buildings with heights of 21 and 25 floors.. The construction of the project Claren Towers, the developer of which was the famous UAE company, Emaar Properties, was completed in 2012.

The real estate collection of the complex includes 341 objects, it offers comfortable studios and apartments with 1, 2 or 3 bedrooms, ranging from 40 square meters (427 sq. ft.) to 166 square meters (1784 sq. ft.). The presence of panoramic windows and the location of the buildings at a sufficient distance from each other in the residences creates the maximum natural light and views of the developing center of Dubai. The interior finishes of the studios and apartments in Claren Towers are made of high quality materials, and the interior equipment in each residence includes furniture and appliances (stove, refrigerator and dishwasher). Homes at the complex start at AED 725,000 AED (USD 197,000).

Downtown Dubai has a concentration of the main business infrastructure of Dubai and holds the most interesting cultural events. The area is constantly evolving, with new tourist and business facilities, and landscaped areas, parks and recreational areas appearing all the time. All these factors are the reason for the attention of major investors, and the return on investment in real estate Downtown Dubai can reach 5.25%. Studios and apartments at Claren Towers are sold with full finishes, with fitted kitchens, bathrooms and appliances, which creates additional convenience for the investor when leasing the facility. The average price for a studio in the complex is AED 800,000 (USD 218,000), one can rent  it out for AED 53,000 (USD 14,400). Apartments with 1 bedroom are sold at an average price of about AED 1,350,000 (USD 367,500), and the rent for this type of housing can reach about AED 90,000 (USD 24,500) per year.