1-bed · 946 sqftReehan 3, The Old Town · 3rd floor · completed 2006

311, Reehan 3

Sold prices and rental history: sold twice, last in March 2011, 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 15 April 2025
Last soldAED 910K14 March 2011
Current rentAED 129K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Reehan 3

What is 311 worth today?

Last sold for AED 910,000 in 2011

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15 Apr 2025RentedNew contract
AED 129,000/yr12 months · AED 136 per sqft
5 Jan 2023RentedRenewal
AED 78,478/yr12 months · AED 83 per sqft
5 Jan 2021RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
1 Jun 2019RentedRenewal
AED 92,500/yr12 months · AED 98 per sqft
1 Jun 2018RentedNew contract
AED 115,000/yr12 months · AED 121 per sqft
1 Jun 2015RentedNew contract
AED 125,000/yr12 months · AED 132 per sqft
14 Mar 2011SoldReady
AED 910,000AED 961 per sqft
26 Jul 2009Sold by developerReady
AED 586,944AED 620 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
1-bed apartment
Size
946 sqft
Floor
3rd of 4
Parking
B-2315
Developer
Emaar
Completed
2006
Service charge
AED 19,500 /yr
Last sold
AED 910K · March 2011
Building
Reehan 3

About 311, Reehan 3

311 is a one-bedroom apartment of 946 sqft on the 3rd floor of Reehan 3, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 14 March 2011 for AED 910,000, or AED 961 per sqft, 24% below the AED 1,257 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 15 April 2025, is AED 129,000 a year: a gross yield of 14.2% on the 2011 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 3
1M2M20092013201720212025Typical sale price by year: 2009 AED 1,259,888; 2010 AED 1,274,888; 2011 AED 910,000; 2015 AED 1,740,000; 2021 AED 1,400,000; 2024 AED 2,000,000Sold by developer, July 2009: AED 586,944 (AED 620 per sqft)Sold, March 2011: AED 910,000 (AED 961 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 3
100K2013201720212025Typical rent by year: 2013 AED 105,000; 2014 AED 105,000; 2015 AED 125,000; 2016 AED 127,500; 2017 AED 105,000; 2018 AED 110,000; 2019 AED 92,500; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 92,500; 2024 AED 115,000; 2025 AED 116,000New contract, June 2015: AED 125,000 a yearNew contract, June 2018: AED 115,000 a yearRenewal, June 2019: AED 92,500 a yearNew contract, January 2021: AED 65,000 a yearRenewal, January 2023: AED 78,478 a yearNew contract, April 2025: AED 129,000 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 3, and where 311 sits

All 19 1-beds →

311 last sold in March 2011 at AED 961 per sqft, 24% below what one-beds in Reehan 3 were fetching at the time (AED 1,257). Over the last 12 months one-beds sold for AED 49,282, around AED 61 per sqft, and rent for AED 110,000 to 110,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 202649,282
9 Jul 20251,800,000
15 Nov 20242,300,000
28 Oct 20241,680,000
1 1-bed sale in the last 12 months

Reehan 3

Building

46 apartments, 1-bed to 3-bed over 4 floors in The Old Town, completed in 2006 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 61
Typical sale
AED 49K
Typical rent
AED 136K /yr
Typical yield
216.8%
Reehan 3, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 46 units in Reehan 3
Value
3011-bedAED 1.8M · Jul 2025
3021-bedAED 975K · Jul 2010
3032-bedAED 1.52M · Sep 2013
3042-bedAED 2.6M · Nov 2023
3053-bedAED 2.17M · Oct 2012
3061-bedAED 2.3M · Nov 2024
3071-bedAED 1.68M · May 2023
1–7 of 10

311, Reehan 3 in numbers

  • Sold twice: first on 26 July 2009 for AED 586,944, last on 14 March 2011 for AED 910,000 (AED 961 per sqft).
  • Rented since June 2015 on 6 Ejari contracts. The rent fell from AED 125,000 to AED 65,000 in 2021 and recovered to AED 129,000 by April 2025.
  • At AED 129,000 a year the gross yield on the 2011 price is 14.2%, before a service charge of about AED 19,500 a year (AED 20.62 per sqft).
  • One-beds in Reehan 3 sold for AED 49,282–49,282 in the 12 months to November 2026; the building's median across all types is AED 61 per sqft.

Source: Dubai Land Department. Updated 15 April 2025.

Questions about 311, Reehan 3

What did unit 311 last sell for?

AED 910,000 on 14 March 2011: AED 961 per sqft for 946 sqft. The unit has 2 registered sales; the first was AED 586,944 in July 2009.

What is the rent for unit 311?

AED 129,000 a year on the contract signed on 15 April 2025. The previous contract, from January 2023, was AED 78,478; the unit has been rented since June 2015.

How big is unit 311?

946 sqft (87.9 sqm): a one-bedroom apartment on the 3rd floor of a 4-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. One-beds in Reehan 3 sold for AED 49,282 to 49,282 in the last 12 months, around AED 61 per sqft.

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Mortgage on 311, Reehan 3

Starts from the last sale price (AED 910K, 14 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 910,000
Deposit, UAE resident (20%)
AED 182,000
Deposit, non-resident (40%)
AED 364,000
Monthly over 25 years at 3.7%
AED 3,723

Plus AED 43,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →