
202, Reehan 1
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Reehan 1
What is 202 worth today?
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Source: Dubai Land Department. Updated 23 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,517 sqft
- Floor
- 2nd of 9
- Parking
- B-2183
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,300 /yr
- Last sold
- AED 2.65M · August 2023
- Building
- Reehan 1
About 202, Reehan 1
202 is a two-bedroom apartment of 1,517 sqft on the 2nd floor of Reehan 1, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 23 August 2023 for AED 2,650,000, or AED 1,746 per sqft, in line with the AED 1,745 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 16 September 2022, is AED 140,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 31,300 a year.
Sales and rents for 202 over time
202 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 1, and where 202 sits
All 42 2-beds →202 last sold in August 2023 at AED 1,746 per sqft, in line with what two-beds in Reehan 1 were fetching at the time (AED 1,745). 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. 202's AED 140,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Sep 20269 September 2026 | 1,405 sqft | 3,350,000 | 2,384 | ||
| 24 Jun 202624 June 2026 | 1,405 sqft | 3,340,000 | 2,377 | ||
| 14 Jan 202614 January 2026 | 1,258 sqft | 2,958,000 | 2,351 | ||
| 10 Jul 202510 July 2025 | 1,258 sqft | 2,850,000 | 2,265 |
Reehan 1
Building63 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%
Other units on the 2nd floor
All 63 units in Reehan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,573 sqft | AED 1.75MAED 1,750,000 · Mar 2020March 2020 | 165,000 /yr | |
| 204 | 1-bed | 826 sqft | AED 1.25MAED 1,245,000 · Jan 2023January 2023 | 99,703 /yr | |
| 205 | 1-bed | 773 sqft | AED 1.28MAED 1,275,000 · Jun 2017June 2017 | 73,000 /yr | |
| 206 | 2-bed | 1,258 sqft | AED 2.65MAED 2,650,000 · Aug 2024August 2024 | 170,000 /yr | |
| 207 | 2-bed | 1,405 sqft | AED 3.34MAED 3,340,000 · Jun 2026June 2026 | 130,000 /yr |
202, Reehan 1 in numbers
- Sold twice: first on 8 January 2018 for AED 3,320,388, last on 23 August 2023 for AED 2,650,000 (AED 1,746 per sqft).
- Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 114,991 to AED 92,500 in 2021 and recovered to AED 140,000 by September 2022.
- At AED 140,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 31,300 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 23 August 2023.
Questions about 202, Reehan 1
What did unit 202 last sell for?
AED 2,650,000 on 23 August 2023: AED 1,746 per sqft for 1,517 sqft. The unit has 2 registered sales; the first was AED 3,320,388 in January 2018.
What is the rent for unit 202?
AED 140,000 a year on the contract signed on 16 September 2022. The previous contract, from September 2021, was AED 92,500; the unit has been rented since September 2018.
How big is unit 202?
1,517 sqft (140.9 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2006.
What is unit 202 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 202, Reehan 1
Starts from the last sale price (AED 2.65M, 23 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,650,000
- Deposit, UAE resident (20%)
- AED 530,000
- Deposit, non-resident (40%)
- AED 1,060,000
- Monthly over 25 years at 3.7%
- AED 10,842
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →