702, Reehan 7
Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Reehan 7
What is 702 worth today?
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Source: Dubai Land Department. Updated 12 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,517 sqft
- Floor
- 7th of 9
- Parking
- B-2368
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,300 /yr
- Last sold
- AED 2.87M · May 2013
- Building
- Reehan 7
About 702, Reehan 7
702 is a two-bedroom apartment of 1,517 sqft on the 7th floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 7 May 2013 for AED 2,870,000, or AED 1,891 per sqft, 16% above the AED 1,629 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 12 April 2024, is AED 173,507 a year: a gross yield of 6.0% on the 2013 price, before the service charge of about AED 31,300 a year.
Sales and rents for 702 over time
702 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 702 sits
All 42 2-beds →702 last sold in May 2013 at AED 1,891 per sqft, 16% above what two-beds in Reehan 7 were fetching at the time (AED 1,629). 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. 702's AED 173,507 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 7th floor
All 65 units in Reehan 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,354 sqft | AED 3.48MAED 3,475,000 · Jul 2025July 2025 | 180,000 /yr | |
| 703 | 2-bed | 1,221 sqft | AED 2.7MAED 2,700,000 · Mar 2010March 2010 | 175,000 /yr | |
| 704 | 1-bed | 826 sqft | AED 1.29MAED 1,285,000 · Apr 2013April 2013 | 120,000 /yr | |
| 705 | 1-bed | 773 sqft | AED 1.16MAED 1,157,500 · Nov 2022November 2022 | 115,000 /yr | |
| 706 | 2-bed | 1,258 sqft | AED 2.58MAED 2,580,000 · Jul 2024July 2024 | 140,000 /yr | |
| 707 | 2-bed | 1,405 sqft | AED 3.15MAED 3,150,000 · Jun 2024June 2024 | 210,000 /yr |
702, Reehan 7 in numbers
- Sold twice: first on 12 October 2011 for AED 1,147,444, last on 7 May 2013 for AED 2,870,000 (AED 1,891 per sqft).
- Rented since October 2014 on 11 Ejari contracts. The rent fell from AED 187,480 to AED 110,000 in 2020 and recovered to AED 173,507 by April 2024.
- At AED 173,507 a year the gross yield on the 2013 price is 6.0%, 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 12 April 2024.
Questions about 702, Reehan 7
What did unit 702 last sell for?
AED 2,870,000 on 7 May 2013: AED 1,891 per sqft for 1,517 sqft. The unit has 2 registered sales; the first was AED 1,147,444 in October 2011.
What is the rent for unit 702?
AED 173,507 a year on the contract renewed on 12 April 2024. The previous contract, from April 2023, was AED 135,000; the unit has been rented since October 2014.
How big is unit 702?
1,517 sqft (140.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.
What is unit 702 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 702, Reehan 7
Starts from the last sale price (AED 2.87M, 7 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,870,000
- Deposit, UAE resident (20%)
- AED 574,000
- Deposit, non-resident (40%)
- AED 1,148,000
- Monthly over 25 years at 3.7%
- AED 11,742
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →