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2-bed · 1,405 sqftReehan 1, The Old Town · 2nd floor · completed 2006

207, Reehan 1

Sold prices and rental history: sold twice, last in February 2023, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 3 February 2023
Last soldAED 2.25M3 February 2023
Current rentAED 130K /yr24 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 207, Reehan 1

What is 207 worth today?

Last sold for AED 2,250,000 in 2023

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3 Feb 2023SoldReady
AED 2,250,000AED 1,601 per sqft
24 Mar 2022RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
2 Nov 2009Sold by developerReady
AED 1,698,888AED 1,209 per sqft

Source: Dubai Land Department. Updated 3 February 2023.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
2nd of 9
Parking
B-2193
Developer
Emaar
Completed
2006
Service charge
AED 29,000 /yr
Last sold
AED 2.25M · February 2023
Building
Reehan 1

About 207, Reehan 1

207 is a two-bedroom apartment of 1,405 sqft on the 2nd floor of Reehan 1, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 3 February 2023 for AED 2,250,000, or AED 1,601 per sqft, in line with the AED 1,637 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 March 2022. The current contract, signed on 24 March 2022, is AED 130,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 29,000 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical two-bed in Reehan 1
2M3M4M2009201420192024Typical sale price by year: 2009 AED 1,583,888; 2010 AED 2,075,888; 2011 AED 1,760,000; 2012 AED 2,487,944; 2013 AED 2,775,000; 2014 AED 2,850,000; 2015 AED 2,800,000; 2016 AED 2,425,000; 2017 AED 2,700,000; 2019 AED 1,587,500; 2020 AED 1,750,000; 2021 AED 2,000,000; 2022 AED 2,350,000; 2023 AED 2,400,000; 2024 AED 2,720,000; 2025 AED 3,785,000Sold by developer, November 2009: AED 1,698,888 (AED 1,209 per sqft)Sold, February 2023: AED 2,250,000 (AED 1,601 per sqft)

207 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 207, each contractTypical two-bed in Reehan 1
150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 145,588; 2014 AED 165,000; 2015 AED 157,500; 2016 AED 167,000; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 116,500; 2020 AED 119,000; 2021 AED 115,000; 2022 AED 130,000; 2023 AED 150,000; 2024 AED 172,500; 2025 AED 180,000New contract, March 2022: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Reehan 1, and where 207 sits

All 42 2-beds →

207 last sold in February 2023 at AED 1,601 per sqft, in line with what two-beds in Reehan 1 were fetching at the time (AED 1,637). Over the last 12 months two-beds sold for AED 2,958,000, around AED 2,351 per sqft, and rent for AED 178,022 to 260,000 a year. 207's AED 130,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jan 20262,958,000
10 Jul 20252,850,000
6 May 20254,100,000
13 Feb 20254,275,000
1 2-bed sale in the last 12 months

Reehan 1

Building

63 apartments, 1-bed to 3-bed over 9 floors in The Old Town, completed in 2006 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,351
Typical sale
AED 2.96M
Typical rent
AED 115K /yr
Typical yield
6.0%
Reehan 1, The Old Town: prices, sales and rents →

Other units on the 2nd floor

All 63 units in Reehan 1
Value
2012-bedAED 1.75M · Mar 2020
2022-bedAED 2.65M · Aug 2023
2041-bedAED 1.25M · Jan 2023
2051-bedAED 1.28M · Jun 2017
2062-bedAED 2.65M · Aug 2024

207, Reehan 1 in numbers

  • Sold twice: first on 2 November 2009 for AED 1,698,888, last on 3 February 2023 for AED 2,250,000 (AED 1,601 per sqft).
  • Rented since March 2022 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 29,000 a year (AED 20.62 per sqft).
  • Two-beds in Reehan 1 sold for AED 2,958,000–2,958,000 in the 12 months to November 2026; the building's median across all types is AED 2,351 per sqft.

Source: Dubai Land Department. Updated 3 February 2023.

Questions about 207, Reehan 1

What did unit 207 last sell for?

AED 2,250,000 on 3 February 2023: AED 1,601 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 1,698,888 in November 2009.

What is the rent for unit 207?

AED 130,000 a year on the contract signed on 24 March 2022.

How big is unit 207?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2006.

What is unit 207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reehan 1 sold for AED 2,958,000 to 2,958,000 in the last 12 months, around AED 2,351 per sqft.

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Mortgage on 207, Reehan 1

Starts from the last sale price (AED 2.25M, 3 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →