1-bed · 863 sqftReehan 5, The Old Town · 2nd floor · completed 2006

208, Reehan 5

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 5 January 2023
Last soldAED 1.19M19 August 2010
Current rentAED 87K /yr5 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Reehan 5

What is 208 worth today?

Last sold for AED 1,194,888 in 2010

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5 Jan 2023RentedRenewal
AED 87,000/yr12 months · AED 88 per sqft
5 Jan 2022RentedNew contract
AED 85,000/yr12 months · AED 86 per sqft
10 Mar 2017RentedNew contract
AED 110,000/yr12 months · AED 111 per sqft
16 Feb 2015RentedNew contract
AED 130,000/yr12 months · AED 131 per sqft
1 Sep 2013RentedNew contract
AED 80,216/yr12 months · AED 81 per sqft
1 Sep 2012RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
19 Aug 2010Sold by developerReady
AED 1,194,888AED 1,211 per sqft

Source: Dubai Land Department. Updated 5 January 2023.

Key facts

Type
1-bed apartment
Size
863 sqft
Floor
2nd of 3
Parking
B-2123
Developer
Emaar
Completed
2006
Service charge
AED 17,800 /yr
Last sold
AED 1.19M · August 2010
Building
Reehan 5

About 208, Reehan 5

208 is a one-bedroom apartment of 863 sqft on the 2nd floor of Reehan 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 19 August 2010 for AED 1,194,888, or AED 1,211 per sqft, in line with the AED 1,236 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 5 January 2023, is AED 87,000 a year: a gross yield of 7.3% on the 2010 price, before the service charge of about AED 17,800 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, August 2010: AED 1,194,888 (AED 1,211 per sqft)

208 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 208, each contractTypical one-bed in Reehan 5
100K2012201620202024Typical 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, September 2012: AED 70,000 a yearNew contract, September 2013: AED 80,216 a yearNew contract, February 2015: AED 130,000 a yearNew contract, March 2017: AED 110,000 a yearNew contract, January 2022: AED 85,000 a yearRenewal, January 2023: AED 87,000 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 208 sits

All 42 1-beds →

208 last sold in August 2010 at AED 1,211 per sqft, in line with what one-beds in Reehan 5 were fetching at the time (AED 1,236). 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. 208's AED 87,000 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
2041-bedAED 1.43M · Jun 2022
2051-bedAED 1.55M · Jun 2013
2061-bedAED 2M · Jan 2025
2071-bedAED 1.58M · Feb 2016
1–7 of 11

208, Reehan 5 in numbers

  • Sold once: by Emaar on 19 August 2010 for AED 1,194,888, or AED 1,211 per sqft.
  • Rented since September 2012 on 6 Ejari contracts, from AED 70,000 to AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2010 price is 7.3%, before a service charge of about AED 17,800 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 5 January 2023.

Questions about 208, Reehan 5

What did unit 208 last sell for?

AED 1,194,888 on 19 August 2010, sold by the developer: AED 1,211 per sqft for 863 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 87,000 a year on the contract renewed on 5 January 2023. The previous contract, from January 2022, was AED 85,000; the unit has been rented since September 2012.

How big is unit 208?

863 sqft (80.2 sqm): a one-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 208 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 208, Reehan 5

Starts from the last sale price (AED 1.19M, 19 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,194,888
Deposit, UAE resident (20%)
AED 238,978
Deposit, non-resident (40%)
AED 477,955
Monthly over 25 years at 3.7%
AED 4,889

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