1-bed · 944 sqftReehan 2, The Old Town · 3rd floor · completed 2006

311, Reehan 2

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 8 January 2025
Last soldAED 2.1M8 January 2025
Current rentAED 110K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Reehan 2

What is 311 worth today?

Last sold for AED 2,100,000 in 2025

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8 Jan 2025SoldReady
AED 2,100,000AED 2,224 per sqft
15 Oct 2023RentedNew contract
AED 110,000/yr12 months · AED 116 per sqft
22 Sep 2022RentedRenewal
AED 80,000/yr12 months · AED 84 per sqft
22 Sep 2021RentedRenewal
AED 75,000/yr12 months · AED 79 per sqft
22 Sep 2020RentedRenewal
AED 75,000/yr12 months · AED 79 per sqft
22 Sep 2019RentedRenewal
AED 85,000/yr12 months · AED 90 per sqft
22 Sep 2018RentedRenewal
AED 95,000/yr12 months · AED 100 per sqft
22 Sep 2016RentedNew contract
AED 105,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 8 January 2025.

Key facts

Type
1-bed apartment
Size
944 sqft
Floor
3rd of 3
Parking
B-2329
Developer
Emaar
Completed
2006
Service charge
AED 19,500 /yr
Last sold
AED 2.1M · January 2025
Building
Reehan 2

About 311, Reehan 2

311 is a one-bedroom apartment of 944 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 8 January 2025 for AED 2,100,000, or AED 2,224 per sqft, 5% above the AED 2,121 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 15 October 2023, is AED 110,000 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 19,500 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in Reehan 2
1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,197,888; 2010 AED 1,260,000Sold by developer, July 2010: AED 1,600,000 (AED 1,694 per sqft)Sold, January 2025: AED 2,100,000 (AED 2,224 per sqft)

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

Rents
Unit 311, each contractTypical one-bed in Reehan 2
100K150K20142017202020232026Typical rent by year: 2014 AED 114,000; 2015 AED 121,000; 2017 AED 97,500; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 78,000; 2021 AED 75,000; 2022 AED 81,500; 2023 AED 105,000; 2024 AED 108,750; 2025 AED 120,190New contract, February 2015: AED 156,000 a yearNew contract, September 2016: AED 105,000 a yearRenewal, September 2018: AED 95,000 a yearRenewal, September 2019: AED 85,000 a yearRenewal, September 2020: AED 75,000 a yearRenewal, September 2021: AED 75,000 a yearRenewal, September 2022: AED 80,000 a yearNew contract, October 2023: AED 110,000 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 2, and where 311 sits

All 16 1-beds →

311 last sold in January 2025 at AED 2,224 per sqft, 5% above what one-beds in Reehan 2 were fetching at the time (AED 2,121).

Recent 1-bed salesUnit no.Price (AED)Summary
12 Dec 20241,710,000
4 Sep 20241,850,000
18 Oct 20231,600,000
15 Dec 20222,000,000
0 1-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

311, Reehan 2 in numbers

  • Sold twice: first on 26 July 2010 for AED 1,600,000, last on 8 January 2025 for AED 2,100,000 (AED 2,224 per sqft).
  • Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 156,000 to AED 75,000 in 2021 and recovered to AED 110,000 by October 2023.
  • At AED 110,000 a year the gross yield on the 2025 price is 5.2%, before a service charge of about AED 19,500 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 8 January 2025.

Questions about 311, Reehan 2

What did unit 311 last sell for?

AED 2,100,000 on 8 January 2025: AED 2,224 per sqft for 944 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in July 2010.

What is the rent for unit 311?

AED 110,000 a year on the contract signed on 15 October 2023. The previous contract, from September 2022, was AED 80,000; the unit has been rented since February 2015.

How big is unit 311?

944 sqft (87.7 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 311 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 311, Reehan 2

Starts from the last sale price (AED 2.1M, 8 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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