1-bed · 826 sqftReehan 1, The Old Town · 2nd floor · completed 2006

204, Reehan 1

Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 23 February 2025
Last soldAED 1.25M9 January 2023
Current rentAED 100K /yr23 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Reehan 1

What is 204 worth today?

Last sold for AED 1,245,000 in 2023

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23 Feb 2025RentedRenewal
AED 99,703/yr12 months · AED 120 per sqft
23 Feb 2025RentedRenewal
AED 99,703/yr12 months · AED 120 per sqft
23 Feb 2024RentedNew contract
AED 100,000/yr12 months · AED 121 per sqft
9 Jan 2023SoldReady
AED 1,245,000AED 1,507 per sqft
8 Nov 2021RentedNew contract
AED 64,000/yr12 months · AED 77 per sqft
10 Sep 2020RentedNew contract
AED 47,000/yr12 months · AED 57 per sqft
15 Jun 2019RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
10 Feb 2017RentedRenewal
AED 105,000/yr12 months · AED 127 per sqft

Source: Dubai Land Department. Updated 23 February 2025.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
2nd of 9
Parking
B-1022
Developer
Emaar
Completed
2006
Service charge
AED 17,000 /yr
Last sold
AED 1.25M · January 2023
Building
Reehan 1

About 204, Reehan 1

204 is a one-bedroom apartment of 826 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 9 January 2023 for AED 1,245,000, or AED 1,507 per sqft, in line with the AED 1,520 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 23 February 2025, is AED 99,703 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 17,000 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Reehan 1
1M1.5M2008201320182023Typical sale price by year: 2008 AED 930,888; 2009 AED 970,888; 2010 AED 925,888; 2011 AED 1,012,500; 2022 AED 1,212,500; 2023 AED 1,480,000; 2024 AED 1,600,000Sold by developer, December 2010: AED 910,888 (AED 1,102 per sqft)Sold, July 2013: AED 1,350,000 (AED 1,634 per sqft)Sold, December 2015: AED 1,450,000 (AED 1,755 per sqft)Sold, January 2023: AED 1,245,000 (AED 1,507 per sqft)

204 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 204, each contractTypical one-bed in Reehan 1
50K100K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 100,989; 2015 AED 99,752; 2016 AED 101,000; 2017 AED 105,000; 2018 AED 85,000; 2019 AED 74,000; 2020 AED 67,500; 2021 AED 66,000; 2022 AED 74,375; 2023 AED 84,725; 2024 AED 106,000; 2025 AED 110,000; 2026 AED 105,000New contract, September 2013: AED 85,000 a yearRenewal, September 2014: AED 85,000 a yearNew contract, February 2016: AED 105,000 a yearRenewal, February 2017: AED 105,000 a yearNew contract, June 2019: AED 65,000 a yearNew contract, September 2020: AED 47,000 a yearNew contract, November 2021: AED 64,000 a yearNew contract, February 2024: AED 100,000 a yearRenewal, February 2025: AED 99,703 a yearRenewal, February 2025: AED 99,703 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Reehan 1, and where 204 sits

All 18 1-beds →

204 last sold in January 2023 at AED 1,507 per sqft, in line with what one-beds in Reehan 1 were fetching at the time (AED 1,520). Over the last 12 months one-beds sold for AED 16,224 to 29,371, around AED 27 per sqft, and rent for AED 80,000 to 125,000 a year. 204's AED 99,703 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 202616,224
30 Dec 202529,371
25 Jun 202551,687
17 Dec 202423,844
2 1-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 2nd floor

All 63 units in Reehan 1
Value
2012-bedAED 1.75M · Mar 2020
2022-bedAED 2.65M · Aug 2023
2051-bedAED 1.28M · Jun 2017
2062-bedAED 2.65M · Aug 2024
2072-bedAED 3.34M · Jun 2026

204, Reehan 1 in numbers

  • Sold 4 times: first on 29 December 2010 for AED 910,888, last on 9 January 2023 for AED 1,245,000 (AED 1,507 per sqft).
  • Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 47,000 in 2020 and recovered to AED 99,703 by February 2025.
  • At AED 99,703 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 17,000 a year (AED 20.62 per sqft).
  • One-beds in Reehan 1 sold for AED 16,224–29,371 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 February 2025.

Questions about 204, Reehan 1

What did unit 204 last sell for?

AED 1,245,000 on 9 January 2023: AED 1,507 per sqft for 826 sqft. The unit has 4 registered sales; the first was AED 910,888 in December 2010.

What is the rent for unit 204?

AED 99,703 a year on the contract renewed on 23 February 2025. The previous contract, from February 2025, was AED 99,703; the unit has been rented since September 2013.

How big is unit 204?

826 sqft (76.7 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2006.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 1 sold for AED 16,224 to 29,371 in the last 12 months, around AED 27 per sqft.

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Mortgage on 204, Reehan 1

Starts from the last sale price (AED 1.25M, 9 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,245,000
Deposit, UAE resident (20%)
AED 249,000
Deposit, non-resident (40%)
AED 498,000
Monthly over 25 years at 3.7%
AED 5,094

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