1-bed · 826 sqftReehan 1, The Old Town · 6th floor · completed 2006

604, Reehan 1

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 17 May 2025
Last soldAED 1.38M7 July 2023
Current rentAED 138K /yr17 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Reehan 1

What is 604 worth today?

Last sold for AED 1,380,000 in 2023

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17 May 2025RentedNew contract
AED 137,500/yr12 months · AED 168 per sqft
26 Feb 2024RentedNew contract
AED 137,000/yr12 months · AED 166 per sqft
7 Jul 2023SoldReady
AED 1,380,000AED 1,670 per sqft
6 Jul 2022RentedRenewal
AED 55,000/yr12 months · AED 67 per sqft
25 Oct 2020RentedRenewal
AED 75,405/yr2 months · AED 92 per sqft
25 Jun 2020RentedRenewal
AED 80,001/yr4 months · AED 98 per sqft
25 Oct 2019RentedRenewal
AED 87,000/yr8 months · AED 105 per sqft
25 Oct 2018RentedRenewal
AED 80,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 17 May 2025.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
6th of 9
Parking
B-2226
Developer
Emaar
Completed
2006
Service charge
AED 17,000 /yr
Last sold
AED 1.38M · July 2023
Building
Reehan 1

About 604, Reehan 1

604 is a one-bedroom apartment of 826 sqft on the 6th floor of Reehan 1, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 7 July 2023 for AED 1,380,000, or AED 1,670 per sqft, in line with the AED 1,708 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 17 May 2025, is AED 137,500 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 17,000 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical one-bed in Reehan 1
1M1.5M2008201320182023Typical sale price by year: 2008 AED 930,888; 2009 AED 970,888; 2010 AED 925,888; 2011 AED 1,012,500; 2022 AED 1,212,500; 2023 AED 1,480,000; 2024 AED 1,600,000Sold by developer, January 2009: AED 950,888 (AED 1,151 per sqft)Sold, July 2023: AED 1,380,000 (AED 1,670 per sqft)

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

Rents
Unit 604, each contractTypical one-bed in Reehan 1
50K100K150K2013201720212025Typical rent by year: 2013 AED 90,000; 2014 AED 100,989; 2015 AED 99,752; 2016 AED 101,000; 2017 AED 105,000; 2018 AED 85,000; 2019 AED 74,000; 2020 AED 70,000; 2021 AED 67,500; 2022 AED 74,375; 2023 AED 84,725; 2024 AED 112,000; 2025 AED 110,000New contract, October 2015: AED 115,000 a yearRenewal, October 2016: AED 115,000 a yearRenewal, October 2018: AED 80,000 a yearRenewal, October 2019: AED 87,000 a yearRenewal, June 2020: AED 80,001 a yearRenewal, October 2020: AED 75,405 a yearRenewal, July 2022: AED 55,000 a yearNew contract, February 2024: AED 137,000 a yearNew contract, May 2025: AED 137,500 a year

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

1-beds in Reehan 1, and where 604 sits

All 18 1-beds →

604 last sold in July 2023 at AED 1,670 per sqft, in line with what one-beds in Reehan 1 were fetching at the time (AED 1,708). Over the last 12 months one-beds sold for AED 29,371, around AED 35 per sqft, and rent for AED 93,000 to 115,000 a year. 604's AED 137,500 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Dec 202529,371
25 Jun 202551,687
17 Dec 202423,844
6 Aug 20241,550,000
1 1-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 6th floor

All 63 units in Reehan 1
Value
6012-bedAED 3.47M · Jan 2025
6022-bedAED 3.38M · Feb 2024
6032-bedAED 950K · Nov 2024
6051-bedAED 1.55M · Aug 2024
6062-bedAED 1.6M · Aug 2010
6072-bedAED 3.2M · Nov 2024

604, Reehan 1 in numbers

  • Sold twice: first on 29 January 2009 for AED 950,888, last on 7 July 2023 for AED 1,380,000 (AED 1,670 per sqft).
  • Rented since October 2015 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 55,000 in 2022 and recovered to AED 137,500 by May 2025.
  • At AED 137,500 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 17,000 a year (AED 20.62 per sqft).
  • One-beds in Reehan 1 sold for AED 29,371–29,371 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 17 May 2025.

Questions about 604, Reehan 1

What did unit 604 last sell for?

AED 1,380,000 on 7 July 2023: AED 1,670 per sqft for 826 sqft. The unit has 2 registered sales; the first was AED 950,888 in January 2009.

What is the rent for unit 604?

AED 137,500 a year on the contract signed on 17 May 2025. The previous contract, from February 2024, was AED 137,000; the unit has been rented since October 2015.

How big is unit 604?

826 sqft (76.7 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower completed in 2006.

What is unit 604 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 1 sold for AED 29,371 to 29,371 in the last 12 months, around AED 35 per sqft.

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Mortgage on 604, Reehan 1

Starts from the last sale price (AED 1.38M, 7 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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