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2-bed · 1,354 sqftReehan 1, The Old Town · 1st floor · completed 2006

101, Reehan 1

Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 15 July 2022
Last soldAED 1.64M29 September 2009
Current rentAED 97K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 101, Reehan 1

What is 101 worth today?

Last sold for AED 1,635,888 in 2009

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15 Jul 2022RentedRenewal
AED 96,750/yr12 months · AED 71 per sqft
15 Jul 2021RentedRenewal
AED 90,000/yr12 months · AED 66 per sqft
15 Jul 2020RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft
1 May 2019RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft
15 Dec 2018RentedNew contract
AED 130,000/yr12 months · AED 96 per sqft
23 Jul 2018RentedRenewal
AED 80,000/yr6 months · AED 59 per sqft
23 Jul 2017RentedRenewal
AED 80,000/yr12 months · AED 59 per sqft
23 Jul 2016RentedNew contract
AED 165,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 15 July 2022.

Key facts

Type
2-bed apartment
Size
1,354 sqft
Floor
1st of 9
Parking
B-2005
Developer
Emaar
Completed
2006
Service charge
AED 27,900 /yr
Last sold
AED 1.64M · September 2009
Building
Reehan 1

About 101, Reehan 1

101 is a two-bedroom apartment of 1,354 sqft on the 1st floor of Reehan 1, a 9-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 29 September 2009 for AED 1,635,888, or AED 1,208 per sqft, 4% below the AED 1,264 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 15 July 2022, is AED 96,750 a year: a gross yield of 5.9% on the 2009 price, before the service charge of about AED 27,900 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical two-bed in Reehan 1
2M3M4M2009201420192024Typical sale price by year: 2009 AED 1,583,888; 2010 AED 2,075,888; 2011 AED 1,760,000; 2012 AED 2,487,944; 2013 AED 2,775,000; 2014 AED 2,850,000; 2015 AED 2,800,000; 2016 AED 2,425,000; 2017 AED 2,700,000; 2019 AED 1,587,500; 2020 AED 1,750,000; 2021 AED 2,000,000; 2022 AED 2,350,000; 2023 AED 2,400,000; 2024 AED 2,720,000; 2025 AED 3,785,000; 2026 AED 3,340,000Sold by developer, September 2009: AED 1,635,888 (AED 1,208 per sqft)

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

Rents
Unit 101, each contractTypical two-bed in Reehan 1
100K150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 141,176; 2014 AED 165,000; 2015 AED 157,500; 2016 AED 167,000; 2017 AED 147,500; 2018 AED 131,000; 2019 AED 118,000; 2020 AED 119,000; 2021 AED 112,500; 2022 AED 129,820; 2023 AED 150,000; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 166,500New contract, January 2014: AED 126,000 a yearNew contract, June 2015: AED 170,000 a yearNew contract, July 2016: AED 165,000 a yearRenewal, July 2017: AED 80,000 a yearRenewal, July 2018: AED 80,000 a yearNew contract, December 2018: AED 130,000 a yearNew contract, May 2019: AED 115,000 a yearNew contract, July 2020: AED 90,000 a yearRenewal, July 2021: AED 90,000 a yearRenewal, July 2022: AED 96,750 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 1, and where 101 sits

All 42 2-beds →

101 last sold in September 2009 at AED 1,208 per sqft, 4% below what two-beds in Reehan 1 were fetching at the time (AED 1,264). Over the last 12 months two-beds sold for AED 2,958,000 to 3,350,000, around AED 2,377 per sqft, and rent for AED 105,000 to 325,500 a year. 101's AED 96,750 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Sep 20263,350,000
24 Jun 20263,340,000
14 Jan 20262,958,000
10 Jul 20252,850,000
3 2-bed sales in the last 12 months

Reehan 1

Building

63 apartments, 1-bed to 3-bed over 9 floors in The Old Town, completed in 2006 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 2,377
Typical sale
AED 3.34M
Typical rent
AED 150K /yr
Typical yield
5.3%
Reehan 1, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 63 units in Reehan 1
Value
1022-bedAED 2.85M · May 2013
1032-bedAED 1.42M · Nov 2020
1041-bedAED 1.6M · Mar 2024
1051-bedAED 1.5M · Apr 2023
1062-bedAED 2.85M · Jul 2025
1072-bedAED 1.4M · Dec 2009

101, Reehan 1 in numbers

  • Sold once: by Emaar on 29 September 2009 for AED 1,635,888, or AED 1,208 per sqft.
  • Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 126,000 to AED 80,000 in 2018 and recovered to AED 96,750 by July 2022.
  • At AED 96,750 a year the gross yield on the 2009 price is 5.9%, before a service charge of about AED 27,900 a year (AED 20.62 per sqft).
  • Two-beds in Reehan 1 sold for AED 2,958,000–3,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,377 per sqft.

Source: Dubai Land Department. Updated 15 July 2022.

Questions about 101, Reehan 1

What did unit 101 last sell for?

AED 1,635,888 on 29 September 2009, sold by the developer: AED 1,208 per sqft for 1,354 sqft. It is the only registered sale of the unit.

What is the rent for unit 101?

AED 96,750 a year on the contract renewed on 15 July 2022. The previous contract, from July 2021, was AED 90,000; the unit has been rented since January 2014.

How big is unit 101?

1,354 sqft (125.8 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2006.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Reehan 1 sold for AED 2,958,000 to 3,350,000 in the last 12 months, around AED 2,377 per sqft.

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Mortgage on 101, Reehan 1

Starts from the last sale price (AED 1.64M, 29 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,635,888
Deposit, UAE resident (20%)
AED 327,178
Deposit, non-resident (40%)
AED 654,355
Monthly over 25 years at 3.7%
AED 6,693

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