2-bed · 1,318 sqftReehan 2, The Old Town · 3rd floor · completed 2006

303, Reehan 2

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 10 April 2025
Last soldAED 1.62M26 July 2010
Current rentAED 170K /yr10 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Reehan 2

What is 303 worth today?

Last sold for AED 1,618,888 in 2010

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10 Apr 2025RentedNew contract
AED 170,000/yr12 months · AED 129 per sqft
2 Mar 2024RentedRenewal
AED 172,000/yr12 months · AED 131 per sqft
10 Apr 2021RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
25 Mar 2020RentedRenewal
AED 125,000/yr12 months · AED 95 per sqft
25 Mar 2019RentedRenewal
AED 130,000/yr12 months · AED 99 per sqft
16 Dec 2015RentedRenewal
AED 160,446/yr12 months · AED 122 per sqft
15 Dec 2014RentedNew contract
AED 159,571/yr12 months · AED 122 per sqft
26 Jul 2010Sold by developerReady
AED 1,618,888AED 1,228 per sqft

Source: Dubai Land Department. Updated 10 April 2025.

Key facts

Type
2-bed apartment
Size
1,318 sqft
Floor
3rd of 3
Parking
B-2205
Developer
Emaar
Completed
2006
Service charge
AED 27,200 /yr
Last sold
AED 1.62M · July 2010
Building
Reehan 2

About 303, Reehan 2

303 is a two-bedroom apartment of 1,318 sqft on the 3rd floor of Reehan 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 26 July 2010 for AED 1,618,888, or AED 1,228 per sqft, in line with the AED 1,252 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 10 April 2025, is AED 170,000 a year: a gross yield of 10.5% on the 2010 price, before the service charge of about AED 27,200 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in Reehan 2
2M3M201020122014Typical sale price by year: 2010 AED 1,800,000; 2012 AED 2,050,000; 2014 AED 3,250,000Sold by developer, July 2010: AED 1,618,888 (AED 1,228 per sqft)

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

Rents
Unit 303, each contractTypical two-bed in Reehan 2
100K150K20142017202020232026Typical rent by year: 2014 AED 171,983; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 155,500; 2018 AED 160,000; 2019 AED 130,000; 2020 AED 120,000; 2021 AED 112,500; 2022 AED 135,000; 2023 AED 150,000; 2024 AED 175,000; 2025 AED 175,000New contract, December 2014: AED 159,571 a yearRenewal, December 2015: AED 160,446 a yearRenewal, March 2019: AED 130,000 a yearRenewal, March 2020: AED 125,000 a yearNew contract, April 2021: AED 110,000 a yearRenewal, March 2024: AED 172,000 a yearNew contract, April 2025: AED 170,000 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 2, and where 303 sits

All 15 2-beds →

303 last sold in July 2010 at AED 1,228 per sqft, in line with what two-beds in Reehan 2 were fetching at the time (AED 1,252).

Recent 2-bed salesUnit no.Price (AED)Summary
31 May 20245,700,000
10 May 20242,800,000
15 Sep 20232,600,000
16 Dec 20222,950,000
0 2-bed sales in the last 12 months

Reehan 2

Building

38 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
Reehan 2, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 38 units in Reehan 2
Value
3011-bedAED 1M · Jan 2020
3021-bedAED 1.6M · Oct 2023
3042-bedAED 2.45M · Jul 2018
3053-bedAED 3.91M · Nov 2016
3061-bedAED 1.35M · Jan 2019
3071-bedAED 670K · May 2010
3082-bedAED 863K · Dec 2009
1–7 of 10

303, Reehan 2 in numbers

  • Sold once: by Emaar on 26 July 2010 for AED 1,618,888, or AED 1,228 per sqft.
  • Rented since December 2014 on 7 Ejari contracts. The rent fell from AED 159,571 to AED 110,000 in 2021 and recovered to AED 170,000 by April 2025.
  • At AED 170,000 a year the gross yield on the 2010 price is 10.5%, before a service charge of about AED 27,200 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 10 April 2025.

Questions about 303, Reehan 2

What did unit 303 last sell for?

AED 1,618,888 on 26 July 2010, sold by the developer: AED 1,228 per sqft for 1,318 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 170,000 a year on the contract signed on 10 April 2025. The previous contract, from March 2024, was AED 172,000; the unit has been rented since December 2014.

How big is unit 303?

1,318 sqft (122.4 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 303 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 303, Reehan 2

Starts from the last sale price (AED 1.62M, 26 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,618,888
Deposit, UAE resident (20%)
AED 323,778
Deposit, non-resident (40%)
AED 647,555
Monthly over 25 years at 3.7%
AED 6,623

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