2-bed · 1,405 sqftReehan 1, The Old Town · 1st floor · completed 2006

107, Reehan 1

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 1.4M14 December 2009
Current rentAED 180K /yr4 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Reehan 1

What is 107 worth today?

Last sold for AED 1,401,488 in 2009

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4 Sep 2024RentedNew contract
AED 180,000/yr12 months · AED 128 per sqft
1 Aug 2023RentedNew contract
AED 180,000/yr12 months · AED 128 per sqft
15 Jun 2018RentedRenewal
AED 147,250/yr12 months · AED 105 per sqft
15 May 2017RentedRenewal
AED 143,077/yr13 months · AED 102 per sqft
15 Jun 2016RentedNew contract
AED 169,091/yr11 months · AED 120 per sqft
25 Mar 2015RentedNew contract
AED 165,000/yr12 months · AED 117 per sqft
18 Feb 2014RentedRenewal
AED 152,000/yr12 months · AED 108 per sqft
19 Feb 2013RentedRenewal
AED 137,369/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
1st of 9
Parking
B-2210
Developer
Emaar
Completed
2006
Service charge
AED 29,000 /yr
Last sold
AED 1.4M · December 2009
Building
Reehan 1

About 107, Reehan 1

107 is a two-bedroom apartment of 1,405 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 14 December 2009 for AED 1,401,488, or AED 997 per sqft, 21% below the AED 1,264 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 4 September 2024, is AED 180,000 a year: a gross yield of 12.8% on the 2009 price, before the service charge of about AED 29,000 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical two-bed in Reehan 1
2M4M2009201420192024Typical 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, December 2009: AED 1,401,488 (AED 997 per sqft)

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

Rents
Unit 107, each contractTypical two-bed in Reehan 1
150K2012201620202024Typical 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, February 2012: AED 134,599 a yearRenewal, February 2013: AED 137,369 a yearRenewal, February 2014: AED 152,000 a yearNew contract, March 2015: AED 165,000 a yearNew contract, June 2016: AED 169,091 a yearRenewal, May 2017: AED 143,077 a yearRenewal, June 2018: AED 147,250 a yearNew contract, August 2023: AED 180,000 a yearNew contract, September 2024: AED 180,000 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 1, and where 107 sits

All 42 2-beds →

107 last sold in December 2009 at AED 997 per sqft, 21% 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. 107's AED 180,000 is in the lower half 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
1012-bedAED 1.64M · Sep 2009
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

107, Reehan 1 in numbers

  • Sold once: by Emaar on 14 December 2009 for AED 1,401,488, or AED 997 per sqft.
  • Rented since February 2012 on 9 Ejari contracts, from AED 134,599 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2009 price is 12.8%, before a service charge of about AED 29,000 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 4 September 2024.

Questions about 107, Reehan 1

What did unit 107 last sell for?

AED 1,401,488 on 14 December 2009, sold by the developer: AED 997 per sqft for 1,405 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 180,000 a year on the contract signed on 4 September 2024. The previous contract, from August 2023, was AED 180,000; the unit has been rented since February 2012.

How big is unit 107?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2006.

What is unit 107 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 107, Reehan 1

Starts from the last sale price (AED 1.4M, 14 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,401,488
Deposit, UAE resident (20%)
AED 280,298
Deposit, non-resident (40%)
AED 560,595
Monthly over 25 years at 3.7%
AED 5,734

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