2-bed · 1,338 sqftReehan 2, The Old Town · 3rd floor · completed 2006

308, Reehan 2

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 23 June 2025
Last soldAED 863K14 December 2009
Current rentAED 168K /yr23 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Reehan 2

What is 308 worth today?

Last sold for AED 862,944 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 Jun 2025RentedRenewal
AED 168,000/yr12 months · AED 126 per sqft
23 Jun 2024RentedRenewal
AED 168,000/yr12 months · AED 126 per sqft
23 Jun 2023RentedNew contract
AED 168,000/yr12 months · AED 126 per sqft
1 Dec 2017RentedNew contract
AED 145,000/yr12 months · AED 108 per sqft
1 Oct 2016RentedRenewal
AED 170,000/yr12 months · AED 127 per sqft
1 Oct 2015RentedNew contract
AED 170,000/yr12 months · AED 127 per sqft
19 Aug 2014RentedNew contract
AED 173,965/yr6 months · AED 130 per sqft
14 Dec 2009Sold by developerReady
AED 862,944AED 644 per sqft

Source: Dubai Land Department. Updated 23 June 2025.

Key facts

Type
2-bed apartment
Size
1,338 sqft
Floor
3rd of 3
Parking
B-1042
Developer
Emaar
Completed
2006
Service charge
AED 27,600 /yr
Last sold
AED 863K · December 2009
Building
Reehan 2

About 308, Reehan 2

308 is a two-bedroom apartment of 1,338 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 14 December 2009 for AED 862,944, or AED 644 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 23 June 2025, is AED 168,000 a year: a gross yield of 19.5% on the 2009 price, before the service charge of about AED 27,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Reehan 2
2M2009201120132015Typical sale price by year: 2010 AED 1,800,000; 2012 AED 2,050,000; 2014 AED 3,250,000Sold by developer, December 2009: AED 862,944 (AED 644 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Reehan 2
150K20142017202020232026Typical 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, August 2014: AED 173,965 a yearNew contract, October 2015: AED 170,000 a yearRenewal, October 2016: AED 170,000 a yearNew contract, December 2017: AED 145,000 a yearNew contract, June 2023: AED 168,000 a yearRenewal, June 2024: AED 168,000 a yearRenewal, June 2025: AED 168,000 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 308 sits

All 15 2-beds →
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
3032-bedAED 1.62M · Jul 2010
3042-bedAED 2.45M · Jul 2018
3053-bedAED 3.91M · Nov 2016
3061-bedAED 1.35M · Jan 2019
3071-bedAED 670K · May 2010
1–7 of 10

308, Reehan 2 in numbers

  • Sold once: by Emaar on 14 December 2009 for AED 862,944, or AED 644 per sqft.
  • Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 173,965 to AED 145,000 in 2017 and recovered to AED 168,000 by June 2025.
  • At AED 168,000 a year the gross yield on the 2009 price is 19.5%, before a service charge of about AED 27,600 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 23 June 2025.

Questions about 308, Reehan 2

What did unit 308 last sell for?

AED 862,944 on 14 December 2009, sold by the developer: AED 644 per sqft for 1,338 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 168,000 a year on the contract renewed on 23 June 2025. The previous contract, from June 2024, was AED 168,000; the unit has been rented since August 2014.

How big is unit 308?

1,338 sqft (124.3 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 308, Reehan 2

Starts from the last sale price (AED 863K, 14 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 862,944
Deposit, UAE resident (20%)
AED 172,589
Deposit, non-resident (40%)
AED 345,178
Monthly over 25 years at 3.7%
AED 3,531

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