1-bed · 965 sqftReehan 5, The Old Town · 1st floor · completed 2006

107, Reehan 5

Sold prices and rental history: sold 4 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 2 October 2023
Last soldAED 1.65M2 October 2023
Current rentAED 120K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Reehan 5

What is 107 worth today?

Last sold for AED 1,650,000 in 2023

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2 Oct 2023SoldReady
AED 1,650,000AED 1,709 per sqft
1 Jul 2023RentedNew contract
AED 120,000/yr13 months · AED 124 per sqft
1 Mar 2023RentedNew contract
AED 72,000/yr3 months · AED 75 per sqft
1 Feb 2023RentedNew contract
AED 72,000/yr12 months · AED 75 per sqft
1 May 2022RentedRenewal
AED 77,000/yr12 months · AED 80 per sqft
1 May 2021RentedRenewal
AED 70,000/yr12 months · AED 73 per sqft
10 Mar 2019RentedNew contract
AED 82,000/yr12 months · AED 85 per sqft
24 Apr 2018RentedRenewal
AED 103,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 2 October 2023.

Key facts

Type
1-bed apartment
Size
965 sqft
Floor
1st of 3
Parking
B-2168
Developer
Emaar
Completed
2006
Service charge
AED 19,900 /yr
Last sold
AED 1.65M · October 2023
Building
Reehan 5

About 107, Reehan 5

107 is a one-bedroom apartment of 965 sqft on the 1st floor of Reehan 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 2 October 2023 for AED 1,650,000, or AED 1,709 per sqft, 8% above the AED 1,585 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 July 2023, is AED 120,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 19,900 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical one-bed in Reehan 5
1M2M2009201420192024Typical sale price by year: 2009 AED 1,212,444; 2010 AED 1,194,888; 2011 AED 1,161,888; 2012 AED 1,170,444; 2013 AED 1,555,000; 2014 AED 1,875,000; 2015 AED 1,725,000; 2016 AED 1,700,000; 2017 AED 1,660,000; 2019 AED 1,062,500; 2020 AED 1,125,000; 2021 AED 1,350,000; 2022 AED 1,400,000; 2023 AED 1,650,000; 2024 AED 1,900,000; 2025 AED 2,000,000Sold by developer, August 2010: AED 2,040,000 (AED 2,114 per sqft)Sold, October 2012: AED 1,175,000 (AED 1,217 per sqft)Sold, September 2016: AED 800,000 (AED 829 per sqft)Sold, October 2023: AED 1,650,000 (AED 1,709 per sqft)

107 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 107, each contractTypical one-bed in Reehan 5
75K100K125K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 92,500; 2014 AED 115,000; 2015 AED 122,500; 2016 AED 116,500; 2017 AED 110,000; 2018 AED 104,000; 2019 AED 85,000; 2020 AED 71,500; 2021 AED 80,000; 2022 AED 85,000; 2023 AED 95,000; 2024 AED 120,000; 2025 AED 117,655; 2026 AED 120,000New contract, November 2013: AED 104,000 a yearNew contract, October 2014: AED 115,000 a yearNew contract, December 2016: AED 115,000 a yearNew contract, April 2017: AED 108,000 a yearRenewal, April 2018: AED 103,000 a yearNew contract, March 2019: AED 82,000 a yearRenewal, May 2021: AED 70,000 a yearRenewal, May 2022: AED 77,000 a yearNew contract, February 2023: AED 72,000 a yearNew contract, March 2023: AED 72,000 a yearNew contract, July 2023: AED 120,000 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 5, and where 107 sits

All 42 1-beds →

107 last sold in October 2023 at AED 1,709 per sqft, 8% above what one-beds in Reehan 5 were fetching at the time (AED 1,585). Over the last 12 months one-beds sold for AED 2,250,000, around AED 2,505 per sqft, and rent for AED 97,163 to 120,000 a year. 107's AED 120,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Feb 20262,250,000
13 May 20252,142,000
3 Apr 20252,450,000
21 Feb 20251,967,400
1 1-bed sale in the last 12 months

Reehan 5

Building

47 apartments, 1-bed to 2-bed over 3 floors in The Old Town, completed in 2006 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 2,505
Typical sale
AED 2.25M
Typical rent
AED 120K /yr
Typical yield
4.9%
Reehan 5, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 47 units in Reehan 5
Value
1011-bedAED 1.65M · Oct 2023
1021-bedAED 1.12M · Aug 2010
1031-bedAED 1.14M · Aug 2010
104AED 2.18M · Aug 2025
1051-bedAED 1.4M · Aug 2022
1061-bedAED 1.65M · Nov 2023
1081-bedAED 2.14M · May 2025
1–7 of 11

107, Reehan 5 in numbers

  • Sold 4 times: first on 22 August 2010 for AED 2,040,000, last on 2 October 2023 for AED 1,650,000 (AED 1,709 per sqft).
  • Rented since November 2013 on 11 Ejari contracts. The rent fell from AED 104,000 to AED 70,000 in 2021 and recovered to AED 120,000 by July 2023.
  • At AED 120,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 19,900 a year (AED 20.62 per sqft).
  • One-beds in Reehan 5 sold for AED 2,250,000–2,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,505 per sqft.

Source: Dubai Land Department. Updated 2 October 2023.

Questions about 107, Reehan 5

What did unit 107 last sell for?

AED 1,650,000 on 2 October 2023: AED 1,709 per sqft for 965 sqft. The unit has 4 registered sales; the first was AED 2,040,000 in August 2010.

What is the rent for unit 107?

AED 120,000 a year on the contract signed on 1 July 2023. The previous contract, from March 2023, was AED 72,000; the unit has been rented since November 2013.

How big is unit 107?

965 sqft (89.7 sqm): a one-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 107 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 5 sold for AED 2,250,000 to 2,250,000 in the last 12 months, around AED 2,505 per sqft.

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Mortgage on 107, Reehan 5

Starts from the last sale price (AED 1.65M, 2 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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