2-bed · 1,221 sqftReehan 7, The Old Town · 7th floor · completed 2006

703, Reehan 7

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 8 September 2025
Last soldAED 2.7M16 March 2010
Current rentAED 175K /yr8 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Reehan 7

What is 703 worth today?

Last sold for AED 2,700,000 in 2010

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8 Sep 2025RentedNew contract
AED 175,000/yr12 months · AED 144 per sqft
15 Nov 2023RentedNew contract
AED 185,000/yr12 months · AED 152 per sqft
25 Oct 2022RentedRenewal
AED 115,500/yr12 months · AED 95 per sqft
25 Oct 2021RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
25 Aug 2020RentedNew contract
AED 100,000/yr12 months · AED 82 per sqft
9 Apr 2018RentedRenewal
AED 130,000/yr12 months · AED 107 per sqft
10 Apr 2017RentedRenewal
AED 155,418/yr12 months · AED 128 per sqft
10 Apr 2016RentedNew contract
AED 155,000/yr12 months · AED 127 per sqft

Source: Dubai Land Department. Updated 8 September 2025.

Key facts

Type
2-bed apartment
Size
1,221 sqft
Floor
7th of 9
Parking
B-2266
Developer
Emaar
Completed
2006
Service charge
AED 25,200 /yr
Last sold
AED 2.7M · March 2010
Building
Reehan 7

About 703, Reehan 7

703 is a two-bedroom apartment of 1,221 sqft on the 7th floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 16 March 2010 for AED 2,700,000, or AED 2,211 per sqft, 20% above the AED 1,835 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 8 September 2025, is AED 175,000 a year: a gross yield of 6.5% on the 2010 price, before the service charge of about AED 25,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, March 2010: AED 2,700,000 (AED 2,211 per sqft)

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

Rents
Unit 703, 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, September 2012: AED 125,000 a yearNew contract, November 2013: AED 145,000 a yearRenewal, November 2014: AED 152,250 a yearNew contract, July 2015: AED 155,000 a yearNew contract, April 2016: AED 155,000 a yearRenewal, April 2017: AED 155,418 a yearRenewal, April 2018: AED 130,000 a yearNew contract, August 2020: AED 100,000 a yearNew contract, October 2021: AED 110,000 a yearRenewal, October 2022: AED 115,500 a yearNew contract, November 2023: AED 185,000 a yearNew contract, September 2025: AED 175,000 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 703 sits

All 42 2-beds →

703 last sold in March 2010 at AED 2,211 per sqft, 20% above what two-beds in Reehan 7 were fetching at the time (AED 1,835). 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. 703's AED 175,000 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 7th floor

All 65 units in Reehan 7
Value
7012-bedAED 3.48M · Jul 2025
7022-bedAED 2.87M · May 2013
7041-bedAED 1.29M · Apr 2013
7051-bedAED 1.16M · Nov 2022
7062-bedAED 2.58M · Jul 2024
7072-bedAED 3.15M · Jun 2024

703, Reehan 7 in numbers

  • Sold once: by Emaar on 16 March 2010 for AED 2,700,000, or AED 2,211 per sqft.
  • Rented since September 2012 on 12 Ejari contracts. The rent fell from AED 125,000 to AED 100,000 in 2020 and recovered to AED 175,000 by September 2025.
  • At AED 175,000 a year the gross yield on the 2010 price is 6.5%, before a service charge of about AED 25,200 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 8 September 2025.

Questions about 703, Reehan 7

What did unit 703 last sell for?

AED 2,700,000 on 16 March 2010, sold by the developer: AED 2,211 per sqft for 1,221 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 175,000 a year on the contract signed on 8 September 2025. The previous contract, from November 2023, was AED 185,000; the unit has been rented since September 2012.

How big is unit 703?

1,221 sqft (113.4 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.

What is unit 703 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 703, Reehan 7

Starts from the last sale price (AED 2.7M, 16 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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