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1-bed · 1,592 sqftReehan 3, The Old Town · Ground floor · completed 2006

G06, Reehan 3

Sold prices and rental history: sold 3 times, last in July 2019, and rented once, from November 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G06 · DLD and Ejari recordsUpdated 23 July 2019
Last soldAED 1.75M23 July 2019
Current rentAED 115K /yr6 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G06, Reehan 3

What is G06 worth today?

Last sold for AED 1,750,000 in 2019

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23 Jul 2019SoldReady
AED 1,750,000AED 1,729 per sqft
6 Nov 2013RentedNew contract
AED 115,000/yr12 months · AED 114 per sqft
8 Oct 2012SoldReady
AED 1,600,000AED 1,580 per sqft
23 Jun 2009Sold by developerReady
AED 1,335,888AED 1,320 per sqft

Source: Dubai Land Department. Updated 23 July 2019.

Key facts

Type
1-bed apartment
Size
1,592 sqft
Floor
Ground of 4
Parking
B-2346
Developer
Emaar
Completed
2006
Service charge
AED 32,800 /yr
Last sold
AED 1.75M · July 2019
Building
Reehan 3

About G06, Reehan 3

G06 is a one-bedroom apartment of 1,592 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 23 July 2019 for AED 1,750,000, or AED 1,729 per sqft.

One Ejari contract is registered, from 6 November 2013. The current contract, signed on 6 November 2013, is AED 115,000 a year: a gross yield of 6.6% on the 2019 price, before the service charge of about AED 32,800 a year.

Sales and rents for G06 over time

Sales
Unit G06, each saleTypical one-bed in Reehan 3
1M1.5M2M20092013201720212025Typical 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, June 2009: AED 1,335,888 (AED 1,320 per sqft)Sold, October 2012: AED 1,600,000 (AED 1,580 per sqft)Sold, July 2019: AED 1,750,000 (AED 1,729 per sqft)

G06 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G06, each contractTypical one-bed in Reehan 3
75K100K125K2013201720212025Typical 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, November 2013: AED 115,000 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 G06 sits

All 19 1-beds →

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 ground floor

All 46 units in Reehan 3
Value
G022-bedAED 1.72M · Dec 2018
G032-bedAED 3.95M · Dec 2023
G042-bedAED 3.25M · Apr 2013
G053-bedAED 4.9M · Oct 2018
G071-bedAED 2.03M · Nov 2021
G082-bedAED 2.45M · Sep 2012
G091-bedAED 1.35M · Feb 2011
1–7 of 8

G06, Reehan 3 in numbers

  • Sold 3 times: first on 23 June 2009 for AED 1,335,888, last on 23 July 2019 for AED 1,750,000 (AED 1,729 per sqft).
  • Rented since November 2013 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2019 price is 6.6%, before a service charge of about AED 32,800 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 23 July 2019.

Questions about G06, Reehan 3

What did unit G06 last sell for?

AED 1,750,000 on 23 July 2019: AED 1,729 per sqft for 1,592 sqft. The unit has 3 registered sales; the first was AED 1,335,888 in June 2009.

What is the rent for unit G06?

AED 115,000 a year on the contract signed on 6 November 2013.

How big is unit G06?

1,592 sqft (147.9 sqm): a one-bedroom apartment on the ground floor of a 4-storey tower completed in 2006.

What is unit G06 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 G06, Reehan 3

Starts from the last sale price (AED 1.75M, 23 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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