1-bed · 933 sqftReehan 5, The Old Town · 2nd floor · completed 2006

204, Reehan 5

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 13 June 2022
Last soldAED 1.43M13 June 2022
Current rentAED 75K /yr9 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Reehan 5

What is 204 worth today?

Last sold for AED 1,425,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Jun 2022SoldReady
AED 1,425,000AED 1,527 per sqft
9 Feb 2019RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft
21 Jul 2017RentedRenewal
AED 110,000/yr12 months · AED 117 per sqft
21 Jul 2016RentedNew contract
AED 110,000/yr12 months · AED 117 per sqft
15 May 2015RentedNew contract
AED 115,000/yr12 months · AED 123 per sqft
21 Dec 2009Sold by developerReady
AED 1,151,888AED 1,234 per sqft
21 Dec 2009SoldReady
AED 1,220,000AED 1,307 per sqft

Source: Dubai Land Department. Updated 13 June 2022.

Key facts

Type
1-bed apartment
Size
933 sqft
Floor
2nd of 3
Parking
B-2120
Developer
Emaar
Completed
2006
Service charge
AED 19,200 /yr
Last sold
AED 1.43M · June 2022
Building
Reehan 5

About 204, Reehan 5

204 is a one-bedroom apartment of 933 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 13 June 2022 for AED 1,425,000, or AED 1,527 per sqft, in line with the AED 1,500 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 9 February 2019, is AED 75,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 19,200 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Reehan 5
1M1.5M2M2009201420192024Typical 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, December 2009: AED 1,151,888 (AED 1,234 per sqft)Sold, December 2009: AED 1,220,000 (AED 1,307 per sqft)Sold, June 2022: AED 1,425,000 (AED 1,527 per sqft)

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

Rents
Unit 204, 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, May 2015: AED 115,000 a yearNew contract, July 2016: AED 110,000 a yearRenewal, July 2017: AED 110,000 a yearNew contract, February 2019: AED 75,000 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 204 sits

All 42 1-beds →

204 last sold in June 2022 at AED 1,527 per sqft, in line with what one-beds in Reehan 5 were fetching at the time (AED 1,500). 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. 204's AED 75,000 is at the bottom 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
2021-bedAED 1.73M · Dec 2015
2031-bedAED 1.38M · Jun 2021
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

204, Reehan 5 in numbers

  • Sold 3 times: first on 21 December 2009 for AED 1,220,000, last on 13 June 2022 for AED 1,425,000 (AED 1,527 per sqft).
  • Rented since May 2015 on 4 Ejari contracts, from AED 115,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 19,200 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 13 June 2022.

Questions about 204, Reehan 5

What did unit 204 last sell for?

AED 1,425,000 on 13 June 2022: AED 1,527 per sqft for 933 sqft. The unit has 3 registered sales; the first was AED 1,220,000 in December 2009.

What is the rent for unit 204?

AED 75,000 a year on the contract signed on 9 February 2019. The previous contract, from July 2017, was AED 110,000; the unit has been rented since May 2015.

How big is unit 204?

933 sqft (86.7 sqm): a one-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 204 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.

Selling 204? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 204, Reehan 5

Starts from the last sale price (AED 1.43M, 13 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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