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1-bed · 767 sqftReehan 1, The Old Town · Ground floor · completed 2006

G05, Reehan 1

Sold prices and rental history: sold twice, last in March 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G05 · DLD and Ejari recordsUpdated 24 November 2022
Last soldAED 1.52M27 March 2018
Current rentAED 100K /yr24 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G05, Reehan 1

What is G05 worth today?

Last sold for AED 1,520,000 in 2018

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24 Nov 2022RentedRenewal
AED 100,000/yr12 months · AED 131 per sqft
24 Nov 2021RentedNew contract
AED 100,000/yr12 months · AED 131 per sqft
27 Mar 2018SoldReady
AED 1,520,000AED 1,981 per sqft
28 Jan 2018RentedNew contract
AED 107,000/yr12 months · AED 140 per sqft
1 Feb 2017RentedRenewal
AED 120,000/yr11 months · AED 157 per sqft
1 Feb 2016RentedNew contract
AED 120,000/yr12 months · AED 157 per sqft
21 Nov 2014RentedRenewal
AED 110,000/yr12 months · AED 144 per sqft
21 Nov 2013RentedNew contract
AED 110,000/yr12 months · AED 144 per sqft

Source: Dubai Land Department. Updated 24 November 2022.

Key facts

Type
1-bed apartment
Size
767 sqft
Floor
Ground of 9
Parking
B-2092
Developer
Emaar
Completed
2006
Service charge
AED 15,800 /yr
Last sold
AED 1.52M · March 2018
Building
Reehan 1

About G05, Reehan 1

G05 is a one-bedroom apartment of 767 sqft on the ground floor of Reehan 1, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 27 March 2018 for AED 1,520,000, or AED 1,981 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 24 November 2022, is AED 100,000 a year: a gross yield of 6.6% on the 2018 price, before the service charge of about AED 15,800 a year.

Sales and rents for G05 over time

Sales
Unit G05, each saleTypical one-bed in Reehan 1
2M2008201320182023Typical 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, August 2010: AED 3,141,888 (AED 4,096 per sqft)Sold, March 2018: AED 1,520,000 (AED 1,981 per sqft)

G05 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G05, each contractTypical one-bed in Reehan 1
75K100K125K2013201720212025Typical 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, November 2013: AED 110,000 a yearRenewal, November 2014: AED 110,000 a yearNew contract, February 2016: AED 120,000 a yearRenewal, February 2017: AED 120,000 a yearNew contract, January 2018: AED 107,000 a yearNew contract, November 2021: AED 100,000 a yearRenewal, November 2022: AED 100,000 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 G05 sits

All 18 1-beds →

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. G05's AED 100,000 is in the lower half 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 ground floor

All 63 units in Reehan 1
Value
G022-bedAED 2.6M · Oct 2009
G032-bedAED 2.53M · Apr 2015
G041-bedAED 1.06M · Feb 2020
G062-bedAED 4.1M · May 2025
G073-bedAED 995K · Apr 2022

G05, Reehan 1 in numbers

  • Sold twice: first on 11 August 2010 for AED 3,141,888, last on 27 March 2018 for AED 1,520,000 (AED 1,981 per sqft).
  • Rented since November 2013 on 7 Ejari contracts, from AED 110,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2018 price is 6.6%, before a service charge of about AED 15,800 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 24 November 2022.

Questions about G05, Reehan 1

What did unit G05 last sell for?

AED 1,520,000 on 27 March 2018: AED 1,981 per sqft for 767 sqft. The unit has 2 registered sales; the first was AED 3,141,888 in August 2010.

What is the rent for unit G05?

AED 100,000 a year on the contract renewed on 24 November 2022. The previous contract, from November 2021, was AED 100,000; the unit has been rented since November 2013.

How big is unit G05?

767 sqft (71.3 sqm): a one-bedroom apartment on the ground floor of a 9-storey tower completed in 2006.

What is unit G05 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 G05, Reehan 1

Starts from the last sale price (AED 1.52M, 27 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,000
Deposit, UAE resident (20%)
AED 304,000
Deposit, non-resident (40%)
AED 608,000
Monthly over 25 years at 3.7%
AED 6,219

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