1-bed · 934 sqftReehan 5, The Old Town · 3rd floor · completed 2006

309, Reehan 5

Sold prices and rental history: sold once, by the developer in September 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.16M25 September 2011
Current rentAED 115K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Reehan 5

What is 309 worth today?

Last sold for AED 1,161,888 in 2011

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15 Mar 2025RentedNew contract
AED 115,000/yr12 months · AED 123 per sqft
19 Dec 2023RentedRenewal
AED 82,685/yr12 months · AED 89 per sqft
19 Dec 2022RentedRenewal
AED 78,750/yr12 months · AED 85 per sqft
28 Jul 2021RentedRenewal
AED 74,750/yr12 months · AED 80 per sqft
28 Jul 2020RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
8 Feb 2019RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
9 Feb 2018RentedNew contract
AED 100,000/yr12 months · AED 107 per sqft
15 Apr 2014RentedNew contract
AED 108,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
934 sqft
Floor
3rd of 3
Parking
B-2291
Developer
Emaar
Completed
2006
Service charge
AED 19,300 /yr
Last sold
AED 1.16M · September 2011
Building
Reehan 5

About 309, Reehan 5

309 is a one-bedroom apartment of 934 sqft on the 3rd floor of Reehan 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 25 September 2011 for AED 1,161,888, or AED 1,244 per sqft, in line with the AED 1,245 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 15 March 2025, is AED 115,000 a year: a gross yield of 9.9% on the 2011 price, before the service charge of about AED 19,300 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, September 2011: AED 1,161,888 (AED 1,244 per sqft)

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

Rents
Unit 309, 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, April 2014: AED 108,000 a yearNew contract, February 2018: AED 100,000 a yearNew contract, February 2019: AED 90,000 a yearNew contract, July 2020: AED 65,000 a yearRenewal, July 2021: AED 74,750 a yearRenewal, December 2022: AED 78,750 a yearRenewal, December 2023: AED 82,685 a yearNew contract, March 2025: AED 115,000 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 309 sits

All 42 1-beds →

309 last sold in September 2011 at AED 1,244 per sqft, in line with what one-beds in Reehan 5 were fetching at the time (AED 1,245). 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. 309's AED 115,000 is in the upper half 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 3rd floor

All 47 units in Reehan 5
Value
3011-bedAED 1M · Sep 2019
3021-bedAED 2.15M · Jun 2014
3031-bedAED 1.7M · Feb 2016
3041-bedAED 979K · May 2011
3051-bedAED 1.78M · Apr 2014
3061-bedAED 1.43M · Oct 2022
3071-bedAED 750K · Oct 2013
1–7 of 11

309, Reehan 5 in numbers

  • Sold once: by Emaar on 25 September 2011 for AED 1,161,888, or AED 1,244 per sqft.
  • Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 108,000 to AED 65,000 in 2020 and recovered to AED 115,000 by March 2025.
  • At AED 115,000 a year the gross yield on the 2011 price is 9.9%, before a service charge of about AED 19,300 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 15 March 2025.

Questions about 309, Reehan 5

What did unit 309 last sell for?

AED 1,161,888 on 25 September 2011, sold by the developer: AED 1,244 per sqft for 934 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 115,000 a year on the contract signed on 15 March 2025. The previous contract, from December 2023, was AED 82,685; the unit has been rented since April 2014.

How big is unit 309?

934 sqft (86.8 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 309 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 309, Reehan 5

Starts from the last sale price (AED 1.16M, 25 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,161,888
Deposit, UAE resident (20%)
AED 232,378
Deposit, non-resident (40%)
AED 464,755
Monthly over 25 years at 3.7%
AED 4,754

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