502, Reehan 7
Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Reehan 7
What is 502 worth today?
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Source: Dubai Land Department. Updated 22 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,517 sqft
- Floor
- 5th of 9
- Parking
- B-2277
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,300 /yr
- Last sold
- AED 2.2M · May 2012
- Building
- Reehan 7
About 502, Reehan 7
502 is a two-bedroom apartment of 1,517 sqft on the 5th floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 10 May 2012 for AED 2,200,000, or AED 1,450 per sqft, 15% above the AED 1,264 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 22 March 2025, is AED 168,000 a year: a gross yield of 7.6% on the 2012 price, before the service charge of about AED 31,300 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the two-bed median of each year in the building.
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 502 sits
All 42 2-beds →502 last sold in May 2012 at AED 1,450 per sqft, 15% above what two-beds in Reehan 7 were fetching at the time (AED 1,264). 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. 502's AED 168,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,258 sqft | 3,100,000 | 2,464 | ||
| 29 Dec 202529 December 2025 | 1,221 sqft | 3,400,000 | 2,784 | ||
| 23 Jul 202523 July 2025 | 1,354 sqft | 3,475,000 | 2,566 | ||
| 23 May 202523 May 2025 | 1,221 sqft | 3,200,000 | 2,620 |
Reehan 7
Building65 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%
Other units on the 5th floor
All 65 units in Reehan 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,354 sqft | AED 1.85MAED 1,850,000 · Jan 2022January 2022 | 8,000 /yr | |
| 503 | 2-bed | 1,221 sqft | AED 3.4MAED 3,400,000 · Dec 2025December 2025 | 200,000 /yr | |
| 504 | 1-bed | 826 sqft | AED 1.1MAED 1,100,000 · May 2012May 2012 | 87,584 /yr | |
| 505 | 1-bed | 773 sqft | AED 1.37MAED 1,370,000 · May 2023May 2023 | 60,000 /yr | |
| 506 | 2-bed | 1,258 sqft | AED 2.7MAED 2,700,000 · Aug 2014August 2014 | 125,000 /yr | |
| 507 | 2-bed | 1,405 sqft | AED 1.24MAED 1,243,944 · Feb 2011February 2011 | 105,000 /yr |
502, Reehan 7 in numbers
- Sold twice: first on 30 June 2010 for AED 2,234,888, last on 10 May 2012 for AED 2,200,000 (AED 1,450 per sqft).
- Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 190,000 to AED 126,000 in 2021 and recovered to AED 168,000 by March 2025.
- At AED 168,000 a year the gross yield on the 2012 price is 7.6%, before a service charge of about AED 31,300 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 22 March 2025.
Questions about 502, Reehan 7
What did unit 502 last sell for?
AED 2,200,000 on 10 May 2012: AED 1,450 per sqft for 1,517 sqft. The unit has 2 registered sales; the first was AED 2,234,888 in June 2010.
What is the rent for unit 502?
AED 168,000 a year on the contract renewed on 22 March 2025. The previous contract, from March 2023, was AED 151,800; the unit has been rented since October 2015.
How big is unit 502?
1,517 sqft (140.9 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2006.
What is unit 502 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 502, Reehan 7
Starts from the last sale price (AED 2.2M, 10 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →