Claren Tower 1, Downtown Dubai
Claren Tower 1 is the shorter of two connected residential towers, Claren Tower 1 and Claren Tower 2, that make up Claren Towers, an Emaar Properties development on Mohammed Bin Rashid Boulevard in Downtown Dubai. Handed over in 2012, the tower rises 21 storeys and holds around 162 apartments across studio to three-bedroom layouts. Short-term rental activity is already visible inside the building today, and Royale Stays manages the setup, pricing and guest side of listing a unit for a fee from 15%.
Storeys
21
Developer
Emaar Properties
Completed
2012
Units
162, Studio-3BR
Area
Downtown Dubai (MBR Boulevard)
About Claren Tower 1
Claren Tower 1 is the shorter of two connected residential towers, Claren Tower 1 and Claren Tower 2, that make up Claren Towers, an Emaar Properties development on Mohammed Bin Rashid Boulevard in Downtown Dubai. Construction began in 2009 and the tower was handed over in July 2012, rising 21 storeys with around 162 apartments across studio, one, two and three-bedroom layouts. Its taller sibling, Claren Tower 2, sits at around 24 storeys and 180 apartments, together giving the complex roughly 342 homes.
For owners, the appeal is proven rather than theoretical: Airbnb listings already reference the building directly by name, including a studio described as "Cozy Studio Near Burj Khalifa in Claren Tower 1," and a separate serviced-style listing, "Westminster Claren Tower, Downtown," operates on Booking.com across the wider complex, independently of anything Royale Stays has done. Royale Stays manages the day-to-day side of turning an apartment here into a working short-term rental, from setup and pricing through to guest communication, as part of its wider Airbnb property management approach in Dubai, for a management fee from 15%.
Location & Nearby Landmarks
Claren Tower 1 sits on Mohammed Bin Rashid Boulevard in Downtown Dubai, sharing its podium with Claren Tower 2. Burj Khalifa, The Dubai Fountain, Dubai Mall and Souk Al Bahar are all commonly cited as within a short walk or drive, though that figure comes from developer and broker marketing rather than a mapping tool, so treat it as a rough guide. Business Bay and Burj Khalifa/Dubai Mall Metro stations are both a short drive away.
For a wider view of the area's short-term rental market, Royale Stays' Airbnb management guide for Downtown Dubai covers licensing and demand across the community. Nearby Boulevard-side buildings covered separately on royalestays.com include its own sister tower, Claren Tower 2, plus South Ridge Towers and Standpoint Residences, each with its own layout and unit mix.
Unit Types
Claren Tower 1 was built with around 162 apartments across studio, one, two and three-bedroom layouts. Every unit has floor-to-ceiling glazing and a balcony, matching the shared design language of its sister tower, and the building includes covered parking.
Amenities
Residents have access to a swimming pool, a fully equipped gymnasium, and covered parking.
Transportation & Access
Business Bay and Burj Khalifa/Dubai Mall Metro stations are both a short drive from the building, and Sheikh Zayed Road is close by for anyone driving, typical of most Downtown Dubai Boulevard-front addresses.
Rental & Price Trends
Downtown Dubai rents rose roughly 4 to 7% through 2025, according to Bayut's Dubai Rental Market Report, with H1 2026 figures putting a one-bedroom apartment in the area at around AED 133,000 a year, a two-bedroom at around AED 223,000, and a three-bedroom at around AED 362,000. No verified Claren Tower 1-specific rent or price-per-square-foot figure is available at the time of writing, so these reflect the wider Downtown Dubai trend rather than a building-specific number. Owners weighing a specific unit's numbers can run their own scenario through Royale Stays' ROI calculator.
Airbnb / Short-Term Rental Income Potential
This is where the research lines up with something concrete: Airbnb hosts already list stays directly inside Claren Tower 1, one titled "Cozy Studio Near Burj Khalifa in Claren Tower 1," and a separate listing, "Westminster Claren Tower, Downtown," operates on Booking.com across the wider complex, independent operators already active here, none of them Royale Stays. That is a genuine, external signal of live demand, not a hopeful assumption. Royale Stays' own managed Downtown Dubai portfolio shows one-bedroom apartments earning in the region of AED 130,000 to AED 175,000 gross a year, per the Downtown Dubai Airbnb rental income data.
Because Claren Tower 1 is developed by Emaar rather than Vida, the site's only confirmed prohibited brand for short-term letting, there is no policy reason apartments here cannot be run as licensed holiday homes. Royale Stays runs the full operation for a fee starting from 15%, covering furnishing, photography, pricing, check-in and guest communications, with a single monthly statement covering revenue, fee, costs and net transfer. Owners ready to move forward can submit their property for a free earnings estimate.
Income context reviewed by Chris Veinbaums, DTCM-licensed operator.
Questions