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1-bed · 980 sqftReehan 4, The Old Town · 3rd floor · completed 2006

306, Reehan 4

Sold prices and rental history: sold 3 times, last in January 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 July 2020
Last soldAED 1.7M30 January 2018
Current rentAED 70K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 306, Reehan 4

What is 306 worth today?

Last sold for AED 1,700,000 in 2018

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1 Jul 2020RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
16 Apr 2019RentedRenewal
AED 105,000/yr12 months · AED 107 per sqft
30 Jan 2018SoldReady
AED 1,700,000AED 1,734 per sqft
1 Aug 2016RentedNew contract
AED 120,000/yr12 months · AED 123 per sqft
22 Sep 2015SoldReady
AED 1,000,000AED 2,040 per sqft
1 Sep 2014Sold by developerReady
AED 1,900,636AED 1,939 per sqft

Source: Dubai Land Department. Updated 1 July 2020.

Key facts

Type
1-bed apartment
Size
980 sqft
Floor
3rd of 3
Parking
B-2506
Developer
Emaar
Completed
2006
Service charge
AED 20,200 /yr
Last sold
AED 1.7M · January 2018
Building
Reehan 4

About 306, Reehan 4

306 is a one-bedroom apartment of 980 sqft on the 3rd floor of Reehan 4, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 30 January 2018 for AED 1,700,000, or AED 1,734 per sqft, in line with the AED 1,724 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 July 2020, is AED 70,000 a year: a gross yield of 4.1% on the 2018 price, before the service charge of about AED 20,200 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Reehan 4
1M1.5M2M20092013201720212025Typical sale price by year: 2009 AED 1,161,888; 2010 AED 1,190,888; 2011 AED 1,090,000; 2012 AED 1,215,000; 2014 AED 1,975,318; 2015 AED 1,600,000; 2016 AED 1,680,000; 2017 AED 1,520,000; 2018 AED 1,057,500; 2023 AED 1,800,000; 2024 AED 1,900,000Sold by developer, September 2014: AED 1,900,636 (AED 1,939 per sqft)Sold, September 2015: AED 1,000,000 (AED 2,040 per sqft)Sold, January 2018: AED 1,700,000 (AED 1,734 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Reehan 4
75K100K125K2012201620202024Typical rent by year: 2012 AED 68,000; 2013 AED 100,000; 2014 AED 115,000; 2015 AED 115,000; 2016 AED 118,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 92,500; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 85,550; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 120,000New contract, August 2016: AED 120,000 a yearRenewal, April 2019: AED 105,000 a yearNew contract, July 2020: AED 70,000 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 4, and where 306 sits

All 42 1-beds →

306 last sold in January 2018 at AED 1,734 per sqft, in line with what one-beds in Reehan 4 were fetching at the time (AED 1,724). 306's AED 70,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20252,188,000
11 Dec 20241,900,000
10 Jun 20242,100,000
29 Mar 20241,850,000
0 1-bed sales in the last 12 months

Reehan 4

Building

47 apartments, 1-bed to 2-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 150K /yr
Typical yield
Reehan 4, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 47 units in Reehan 4
Value
3011-bedAED 1.22M · Oct 2010
3021-bedAED 2.2M · May 2014
3031-bedAED 1.75M · Aug 2023
3041-bedAED 1.52M · Apr 2017
3051-bedAED 650K · Dec 2018
3071-bedAED 2.19M · Feb 2025
3081-bedAED 1.15M · Jun 2010
1–7 of 11

306, Reehan 4 in numbers

  • Sold 3 times: first on 1 September 2014 for AED 1,900,636, last on 30 January 2018 for AED 1,700,000 (AED 1,734 per sqft).
  • Rented since August 2016 on 3 Ejari contracts, from AED 120,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2018 price is 4.1%, before a service charge of about AED 20,200 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 1 July 2020.

Questions about 306, Reehan 4

What did unit 306 last sell for?

AED 1,700,000 on 30 January 2018: AED 1,734 per sqft for 980 sqft. The unit has 3 registered sales; the first was AED 1,900,636 in September 2014.

What is the rent for unit 306?

AED 70,000 a year on the contract signed on 1 July 2020. The previous contract, from April 2019, was AED 105,000; the unit has been rented since August 2016.

How big is unit 306?

980 sqft (91.0 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 306 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 306, Reehan 4

Starts from the last sale price (AED 1.7M, 30 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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