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2-bed · 3,157 sqftReehan 7, The Old Town · Ground floor · completed 2006

G02, Reehan 7

Sold prices and rental history: sold twice, last in March 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 28 March 2016
Last soldAED 4.8M28 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G02, Reehan 7

What is G02 worth today?

Last sold for AED 4,800,000 in 2016

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28 Mar 2016SoldReady
AED 4,800,000AED 3,073 per sqft
9 Mar 2011Sold by developerReady
AED 2,215,888AED 1,418 per sqft

Source: Dubai Land Department. Updated 28 March 2016.

Key facts

Type
2-bed apartment
Size
3,157 sqft
Floor
Ground of 9
Parking
B-2414
Developer
Emaar
Completed
2006
Service charge
AED 65,100 /yr
Last sold
AED 4.8M · March 2016
Building
Reehan 7

About G02, Reehan 7

G02 is a two-bedroom apartment of 3,157 sqft on the ground floor of Reehan 7, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 28 March 2016 for AED 4,800,000, or AED 3,073 per sqft, 63% above the AED 1,886 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical two-bed in Reehan 7
2M4M2009201420192024Typical 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 2011: AED 2,215,888 (AED 1,418 per sqft)Sold, March 2016: AED 4,800,000 (AED 3,073 per sqft)

G02 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G02, 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 360,000

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 G02 sits

All 42 2-beds →

G02 last sold in March 2016 at AED 3,073 per sqft, 63% above what two-beds in Reehan 7 were fetching at the time (AED 1,886). 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.

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 ground floor

All 65 units in Reehan 7
Value
G032-bedAED 790K · Apr 2011
G04AED 2M · Aug 2025
G051-bedAED 1.2M · Oct 2012
G062-bedAED 1.72M · Apr 2011
G073-bedAED 3.45M · Jul 2012

G02, Reehan 7 in numbers

  • Sold twice: first on 9 March 2011 for AED 2,215,888, last on 28 March 2016 for AED 4,800,000 (AED 3,073 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 28 March 2016.

Questions about G02, Reehan 7

What did unit G02 last sell for?

AED 4,800,000 on 28 March 2016: AED 3,073 per sqft for 3,157 sqft. The unit has 2 registered sales; the first was AED 2,215,888 in March 2011.

How big is unit G02?

3,157 sqft (293.3 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2006.

What is unit G02 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 G02, Reehan 7

Starts from the last sale price (AED 4.8M, 28 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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