1-bed · 972 sqftReehan 5, The Old Town · 2nd floor · completed 2006

202, Reehan 5

Sold prices and rental history: sold 3 times, last in December 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 26 May 2024
Last soldAED 1.73M30 December 2015
Current rentAED 120K /yr26 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Reehan 5

What is 202 worth today?

Last sold for AED 1,725,000 in 2015

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26 May 2024RentedNew contract
AED 120,000/yr12 months · AED 124 per sqft
8 May 2023RentedRenewal
AED 85,000/yr12 months · AED 88 per sqft
8 May 2022RentedRenewal
AED 77,000/yr12 months · AED 79 per sqft
23 Jun 2017RentedRenewal
AED 120,000/yr12 months · AED 124 per sqft
23 Jun 2016RentedNew contract
AED 120,000/yr12 months · AED 124 per sqft
30 Dec 2015SoldReady
AED 1,725,000AED 1,774 per sqft
10 Aug 2015RentedRenewal
AED 125,000/yr12 months · AED 129 per sqft
10 Aug 2014RentedNew contract
AED 125,000/yr12 months · AED 129 per sqft

Source: Dubai Land Department. Updated 26 May 2024.

Key facts

Type
1-bed apartment
Size
972 sqft
Floor
2nd of 3
Parking
B-2162
Developer
Emaar
Completed
2006
Service charge
AED 20,000 /yr
Last sold
AED 1.73M · December 2015
Building
Reehan 5

About 202, Reehan 5

202 is a one-bedroom apartment of 972 sqft on the 2nd floor of Reehan 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 30 December 2015 for AED 1,725,000, or AED 1,774 per sqft, in line with the AED 1,774 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 26 May 2024, is AED 120,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 20,000 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical one-bed in Reehan 5
1M2M3M2009201420192024Typical 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 2009: AED 1,200,000 (AED 1,234 per sqft)Sold, August 2009: AED 2,710,000 (AED 2,788 per sqft)Sold, December 2015: AED 1,725,000 (AED 1,774 per sqft)

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

Rents
Unit 202, 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, August 2014: AED 125,000 a yearRenewal, August 2015: AED 125,000 a yearNew contract, June 2016: AED 120,000 a yearRenewal, June 2017: AED 120,000 a yearRenewal, May 2022: AED 77,000 a yearRenewal, May 2023: AED 85,000 a yearNew contract, May 2024: 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 202 sits

All 42 1-beds →

202 last sold in December 2015 at AED 1,774 per sqft, in line with what one-beds in Reehan 5 were fetching at the time (AED 1,774). 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. 202'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 2nd floor

All 47 units in Reehan 5
Value
2011-bedAED 2.25M · Feb 2026
2031-bedAED 1.38M · Jun 2021
2041-bedAED 1.43M · Jun 2022
2051-bedAED 1.55M · Jun 2013
2061-bedAED 2M · Jan 2025
2071-bedAED 1.58M · Feb 2016
2081-bedAED 1.19M · Aug 2010
1–7 of 11

202, Reehan 5 in numbers

  • Sold 3 times: first on 12 August 2009 for AED 2,710,000, last on 30 December 2015 for AED 1,725,000 (AED 1,774 per sqft).
  • Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 77,000 in 2022 and recovered to AED 120,000 by May 2024.
  • At AED 120,000 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 20,000 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 26 May 2024.

Questions about 202, Reehan 5

What did unit 202 last sell for?

AED 1,725,000 on 30 December 2015: AED 1,774 per sqft for 972 sqft. The unit has 3 registered sales; the first was AED 2,710,000 in August 2009.

What is the rent for unit 202?

AED 120,000 a year on the contract signed on 26 May 2024. The previous contract, from May 2023, was AED 85,000; the unit has been rented since August 2014.

How big is unit 202?

972 sqft (90.3 sqm): a one-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 202 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 202, Reehan 5

Starts from the last sale price (AED 1.73M, 30 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,725,000
Deposit, UAE resident (20%)
AED 345,000
Deposit, non-resident (40%)
AED 690,000
Monthly over 25 years at 3.7%
AED 7,058

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