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1-bed · 773 sqftReehan 7, The Old Town · 2nd floor · completed 2006

205, Reehan 7

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 14 March 2023
Last soldAED 1.13M14 March 2023
Current rentAED 80K /yr14 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 205, Reehan 7

What is 205 worth today?

Last sold for AED 1,130,957 in 2023

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14 Mar 2023SoldReady
AED 1,130,957AED 1,463 per sqft
14 Nov 2021RentedRenewal
AED 80,000/yr12 months · AED 103 per sqft
14 Nov 2020RentedRenewal
AED 70,000/yr12 months · AED 90 per sqft
14 Nov 2019RentedNew contract
AED 70,000/yr12 months · AED 90 per sqft
4 Dec 2018RentedNew contract
AED 110,000/yr12 months · AED 142 per sqft
9 Oct 2017SoldReady
AED 1,475,000AED 1,908 per sqft
23 Sep 2016RentedNew contract
AED 100,000/yr12 months · AED 129 per sqft
23 Sep 2015RentedNew contract
AED 100,000/yr12 months · AED 129 per sqft

Source: Dubai Land Department. Updated 14 March 2023.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
2nd of 9
Parking
B-2153
Developer
Emaar
Completed
2006
Service charge
AED 15,900 /yr
Last sold
AED 1.13M · March 2023
Building
Reehan 7

About 205, Reehan 7

205 is a one-bedroom apartment of 773 sqft on the 2nd floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 14 March 2023 for AED 1,130,957, or AED 1,463 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 14 November 2021, is AED 80,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 15,900 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical one-bed in Reehan 7
1M20092013201720212025Typical sale price by year: 2009 AED 1,035,888; 2010 AED 980,888; 2011 AED 989,944; 2012 AED 1,127,944; 2017 AED 1,310,000; 2024 AED 1,600,000Sold by developer, June 2010: AED 414,944 (AED 536 per sqft)Sold, October 2017: AED 1,475,000 (AED 1,908 per sqft)Sold, March 2023: AED 1,130,957 (AED 1,463 per sqft)

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

Rents
Unit 205, each contractTypical one-bed in Reehan 7
50K100K2013201720212025Typical rent by year: 2013 AED 90,000; 2014 AED 106,500; 2015 AED 100,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 84,500; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 65,000; 2022 AED 77,000; 2023 AED 80,425; 2024 AED 100,000; 2025 AED 117,500New contract, July 2013: AED 85,000 a yearRenewal, July 2014: AED 93,500 a yearNew contract, September 2015: AED 100,000 a yearNew contract, September 2016: AED 100,000 a yearNew contract, December 2018: AED 110,000 a yearNew contract, November 2019: AED 70,000 a yearRenewal, November 2020: AED 70,000 a yearRenewal, November 2021: AED 80,000 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 7, and where 205 sits

All 15 1-beds →

Over the last 12 months one-beds sold for AED 48,758, around AED 63 per sqft, and rent for AED 105,000 to 120,000 a year. 205's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jan 202648,758
15 May 20251,725,000
20 Mar 20252,125,000
22 Oct 20241,600,000
1 1-bed sale 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 2nd floor

All 65 units in Reehan 7
Value
2012-bedAED 2.55M · Mar 2024
2022-bedAED 2.55M · May 2023
2032-bedAED 1.11M · Sep 2017
2041-bedAED 906K · Jul 2010
2062-bedAED 1.37M · Oct 2012
2072-bedAED 1.5M · Aug 2020

205, Reehan 7 in numbers

  • Sold 3 times: first on 2 June 2010 for AED 414,944, last on 14 March 2023 for AED 1,130,957 (AED 1,463 per sqft).
  • Rented since July 2013 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 70,000 in 2020 and recovered to AED 80,000 by November 2021.
  • At AED 80,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 15,900 a year (AED 20.62 per sqft).
  • One-beds in Reehan 7 sold for AED 48,758–48,758 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 14 March 2023.

Questions about 205, Reehan 7

What did unit 205 last sell for?

AED 1,130,957 on 14 March 2023: AED 1,463 per sqft for 773 sqft. The unit has 3 registered sales; the first was AED 414,944 in June 2010.

What is the rent for unit 205?

AED 80,000 a year on the contract renewed on 14 November 2021. The previous contract, from November 2020, was AED 70,000; the unit has been rented since July 2013.

How big is unit 205?

773 sqft (71.8 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2006.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 7 sold for AED 48,758 to 48,758 in the last 12 months, around AED 63 per sqft.

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Mortgage on 205, Reehan 7

Starts from the last sale price (AED 1.13M, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,957
Deposit, UAE resident (20%)
AED 226,191
Deposit, non-resident (40%)
AED 452,383
Monthly over 25 years at 3.7%
AED 4,627

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