301, Reehan 2
Sold prices and rental history: sold twice, last in January 2020, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, Reehan 2
What is 301 worth today?
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Source: Dubai Land Department. Updated 27 January 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 785 sqft
- Floor
- 3rd of 3
- Parking
- B-1040
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 16,200 /yr
- Last sold
- AED 1M · January 2020
- Building
- Reehan 2
About 301, Reehan 2
301 is a one-bedroom apartment of 785 sqft on the 3rd floor of Reehan 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 27 January 2020 for AED 1,000,000, or AED 1,273 per sqft.
It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 17 November 2018, is AED 85,000 a year: a gross yield of 8.5% on the 2020 price, before the service charge of about AED 16,200 a year.
Sales and rents for 301 over time
301 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Reehan 2, and where 301 sits
All 16 1-beds →| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jan 20258 January 2025 | 944 sqft | 2,100,000 | 2,224 | ||
| 12 Dec 202412 December 2024 | 806 sqft | 1,710,000 | 2,121 | ||
| 4 Sep 20244 September 2024 | 1,113 sqft | 1,850,000 | 1,662 | ||
| 18 Oct 202318 October 2023 | 806 sqft | 1,600,000 | 1,985 |
Reehan 2
Building38 apartments, studios to 3-bed over 3 floors in The Old Town, completed in 2006 by Emaar. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 175K /yr
- Typical yield
Other units on the 3rd floor
All 38 units in Reehan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 1-bed | 806 sqft | AED 1.6MAED 1,600,000 · Oct 2023October 2023 | 70,000 /yr | |
| 303 | 2-bed | 1,318 sqft | AED 1.62MAED 1,618,888 · Jul 2010July 2010 | 170,000 /yr | |
| 304 | 2-bed | 1,412 sqft | AED 2.45MAED 2,450,000 · Jul 2018July 2018 | 175,000 /yr | |
| 305 | 3-bed | 1,873 sqft | AED 3.91MAED 3,913,000 · Nov 2016November 2016 | 100,000 /yr | |
| 306 | 1-bed | 1,010 sqft | AED 1.35MAED 1,350,000 · Jan 2019January 2019 | 110,000 /yr | |
| 307 | 1-bed | 1,013 sqft | AED 670KAED 669,944 · May 2010May 2010 | ||
| 308 | 2-bed | 1,338 sqft | AED 863KAED 862,944 · Dec 2009December 2009 | 168,000 /yr | |
| 309 | 2-bed | 1,895 sqft | AED 4MAED 4,000,000 · Mar 2018March 2018 | ||
| 310 | Studio | 605 sqft | AED 734KAED 733,888 · May 2009May 2009 | 100,000 /yr | |
| 311 | 1-bed | 944 sqft | AED 2.1MAED 2,100,000 · Jan 2025January 2025 | 110,000 /yr |
301, Reehan 2 in numbers
- Sold twice: first on 26 July 2010 for AED 974,888, last on 27 January 2020 for AED 1,000,000 (AED 1,273 per sqft).
- Rented since September 2014 on 3 Ejari contracts, from AED 105,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2020 price is 8.5%, before a service charge of about AED 16,200 a year (AED 20.62 per sqft).
Source: Dubai Land Department. Updated 27 January 2020.
Questions about 301, Reehan 2
What did unit 301 last sell for?
AED 1,000,000 on 27 January 2020: AED 1,273 per sqft for 785 sqft. The unit has 2 registered sales; the first was AED 974,888 in July 2010.
What is the rent for unit 301?
AED 85,000 a year on the contract renewed on 17 November 2018. The previous contract, from November 2017, was AED 85,000; the unit has been rented since September 2014.
How big is unit 301?
785 sqft (72.9 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.
What is unit 301 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 301, Reehan 2
Starts from the last sale price (AED 1M, 27 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →