2-bed · 1,258 sqftReehan 7, The Old Town · 1st floor · completed 2006

106, Reehan 7

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 1 December 2021
Last soldAED 2.69M17 December 2014
Current rentAED 120K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Reehan 7

What is 106 worth today?

Last sold for AED 2,690,000 in 2014

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1 Dec 2021RentedNew contract
AED 120,000/yr12 months · AED 95 per sqft
1 Dec 2020RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
1 Aug 2019RentedNew contract
AED 105,000/yr14 months · AED 83 per sqft
17 Dec 2014SoldReady
AED 2,690,000AED 2,138 per sqft
7 Oct 2013RentedNew contract
AED 105,000/yr12 months · AED 83 per sqft
29 Apr 2009Sold by developerReady
AED 3,050,000AED 2,424 per sqft

Source: Dubai Land Department. Updated 1 December 2021.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
1st of 9
Parking
B-2383
Developer
Emaar
Completed
2006
Service charge
AED 25,900 /yr
Last sold
AED 2.69M · December 2014
Building
Reehan 7

About 106, Reehan 7

106 is a two-bedroom apartment of 1,258 sqft on the 1st floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 17 December 2014 for AED 2,690,000, or AED 2,138 per sqft, 4% below the AED 2,225 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 December 2021, is AED 120,000 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 25,900 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical two-bed in Reehan 7
2M3M2009201420192024Typical sale price by year: 2009 AED 1,954,888; 2010 AED 2,057,388; 2011 AED 1,652,388; 2012 AED 1,900,000; 2013 AED 2,412,500; 2014 AED 2,800,000; 2015 AED 2,650,000; 2016 AED 2,760,000; 2018 AED 2,050,000; 2020 AED 1,453,812; 2021 AED 1,850,000; 2022 AED 2,025,000; 2023 AED 2,400,000; 2024 AED 2,665,000; 2025 AED 3,200,000Sold by developer, April 2009: AED 3,050,000 (AED 2,424 per sqft)Sold, December 2014: AED 2,690,000 (AED 2,138 per sqft)

106 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 106, each contractTypical two-bed in Reehan 7
200K400K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 130,350; 2014 AED 153,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 140,000; 2024 AED 170,000; 2025 AED 171,000; 2026 AED 360,000New contract, October 2013: AED 105,000 a yearNew contract, August 2019: AED 105,000 a yearNew contract, December 2020: AED 80,000 a yearNew contract, December 2021: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Reehan 7, and where 106 sits

All 42 2-beds →

106 last sold in December 2014 at AED 2,138 per sqft, 4% below what two-beds in Reehan 7 were fetching at the time (AED 2,225). Over the last 12 months two-beds sold for AED 3,025,000 to 3,400,000, around AED 2,464 per sqft, and rent for AED 210,000 to 360,000 a year. 106's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 20263,100,000
29 Dec 20253,400,000
23 Jul 20253,475,000
23 May 20253,200,000
3 2-bed sales in the last 12 months

Reehan 7

Building

65 apartments, 1-bed to 3-bed over 9 floors in The Old Town, completed in 2006 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 2,464
Typical sale
AED 3.1M
Typical rent
AED 120K /yr
Typical yield
6.0%
Reehan 7, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 65 units in Reehan 7
Value
1012-bedAED 3.5M · Jul 2016
1022-bedAED 1.94M · Mar 2011
1032-bedAED 3.03M · Apr 2025
1041-bedAED 950K · Apr 2021
1051-bedAED 1.73M · May 2025
1072-bedAED 2.8M · Jul 2015

106, Reehan 7 in numbers

  • Sold twice: first on 29 April 2009 for AED 3,050,000, last on 17 December 2014 for AED 2,690,000 (AED 2,138 per sqft).
  • Rented since October 2013 on 4 Ejari contracts. The rent fell from AED 105,000 to AED 80,000 in 2020 and recovered to AED 120,000 by December 2021.
  • At AED 120,000 a year the gross yield on the 2014 price is 4.5%, before a service charge of about AED 25,900 a year (AED 20.62 per sqft).
  • Two-beds in Reehan 7 sold for AED 3,025,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,464 per sqft.

Source: Dubai Land Department. Updated 1 December 2021.

Questions about 106, Reehan 7

What did unit 106 last sell for?

AED 2,690,000 on 17 December 2014: AED 2,138 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 3,050,000 in April 2009.

What is the rent for unit 106?

AED 120,000 a year on the contract signed on 1 December 2021. The previous contract, from December 2020, was AED 80,000; the unit has been rented since October 2013.

How big is unit 106?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2006.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reehan 7 sold for AED 3,025,000 to 3,400,000 in the last 12 months, around AED 2,464 per sqft.

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Mortgage on 106, Reehan 7

Starts from the last sale price (AED 2.69M, 17 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,690,000
Deposit, UAE resident (20%)
AED 538,000
Deposit, non-resident (40%)
AED 1,076,000
Monthly over 25 years at 3.7%
AED 11,006

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