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2-bed · 1,793 sqftReehan 3, The Old Town · Ground floor · completed 2006

G02, Reehan 3

Sold prices and rental history: sold twice, last in December 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 16 January 2025
Last soldAED 1.72M13 December 2018
Current rentAED 143K /yr16 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G02, Reehan 3

What is G02 worth today?

Last sold for AED 1,720,000 in 2018

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16 Jan 2025RentedNew contract
AED 143,000/yr12 months · AED 79 per sqft
15 Jan 2024RentedRenewal
AED 129,305/yr12 months · AED 72 per sqft
15 Jan 2024RentedRenewal
AED 129,305/yr12 months · AED 72 per sqft
16 Jan 2023RentedRenewal
AED 110,000/yr12 months · AED 62 per sqft
16 Jan 2022RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
16 Jan 2021RentedNew contract
AED 95,000/yr12 months · AED 53 per sqft
20 Feb 2020RentedNew contract
AED 105,000/yr12 months · AED 58 per sqft
13 Dec 2018SoldReady
AED 1,720,000AED 959 per sqft

Source: Dubai Land Department. Updated 16 January 2025.

Key facts

Type
2-bed apartment
Size
1,793 sqft
Floor
Ground of 4
Parking
B-2303
Developer
Emaar
Completed
2006
Service charge
AED 37,000 /yr
Last sold
AED 1.72M · December 2018
Building
Reehan 3

About G02, Reehan 3

G02 is a two-bedroom apartment of 1,793 sqft on the ground floor of Reehan 3, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 13 December 2018 for AED 1,720,000, or AED 959 per sqft.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 16 January 2025, is AED 143,000 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 37,000 a year.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical two-bed in Reehan 3
1M2M3M2009201320172021Typical sale price by year: 2009 AED 1,598,888; 2010 AED 1,854,888; 2011 AED 1,725,888; 2012 AED 1,875,000; 2013 AED 3,250,000; 2021 AED 2,237,500Sold by developer, September 2009: AED 1,325,888 (AED 1,118 per sqft)Sold, December 2018: AED 1,720,000 (AED 959 per sqft)

G02 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G02, each contractTypical two-bed in Reehan 3
100K150K200K2012201620202024Typical rent by year: 2013 AED 152,500; 2014 AED 155,000; 2015 AED 165,000; 2016 AED 162,500; 2017 AED 172,272; 2018 AED 137,500; 2019 AED 135,000; 2020 AED 108,500; 2021 AED 105,000; 2022 AED 130,000; 2023 AED 157,500; 2024 AED 172,500; 2025 AED 170,000New contract, June 2012: AED 200,000 a yearNew contract, January 2014: AED 100,000 a yearNew contract, June 2015: AED 96,000 a yearNew contract, February 2020: AED 105,000 a yearNew contract, January 2021: AED 95,000 a yearRenewal, January 2022: AED 100,000 a yearRenewal, January 2023: AED 110,000 a yearRenewal, January 2024: AED 129,305 a yearRenewal, January 2024: AED 129,305 a yearNew contract, January 2025: AED 143,000 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 3, and where G02 sits

All 20 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20243,000,000
5 Dec 20233,950,000
16 Nov 20232,600,000
29 Jun 20222,150,000
0 2-bed sales 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 ground floor

All 46 units in Reehan 3
Value
G032-bedAED 3.95M · Dec 2023
G042-bedAED 3.25M · Apr 2013
G053-bedAED 4.9M · Oct 2018
G061-bedAED 1.75M · Jul 2019
G071-bedAED 2.03M · Nov 2021
G082-bedAED 2.45M · Sep 2012
G091-bedAED 1.35M · Feb 2011
1–7 of 8

G02, Reehan 3 in numbers

  • Sold twice: first on 29 September 2009 for AED 1,325,888, last on 13 December 2018 for AED 1,720,000 (AED 959 per sqft).
  • Rented since June 2012 on 10 Ejari contracts. The rent fell from AED 200,000 to AED 95,000 in 2021 and recovered to AED 143,000 by January 2025.
  • At AED 143,000 a year the gross yield on the 2018 price is 8.3%, before a service charge of about AED 37,000 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 16 January 2025.

Questions about G02, Reehan 3

What did unit G02 last sell for?

AED 1,720,000 on 13 December 2018: AED 959 per sqft for 1,793 sqft. The unit has 2 registered sales; the first was AED 1,325,888 in September 2009.

What is the rent for unit G02?

AED 143,000 a year on the contract signed on 16 January 2025. The previous contract, from January 2024, was AED 129,305; the unit has been rented since June 2012.

How big is unit G02?

1,793 sqft (166.6 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2006.

What is unit G02 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 G02, Reehan 3

Starts from the last sale price (AED 1.72M, 13 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,720,000
Deposit, UAE resident (20%)
AED 344,000
Deposit, non-resident (40%)
AED 688,000
Monthly over 25 years at 3.7%
AED 7,037

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