1-bed · 773 sqftReehan 1, The Old Town · 2nd floor · completed 2006

205, Reehan 1

Sold prices and rental history: sold twice, last in June 2017, and rented once, from September 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 14 September 2019
Last soldAED 1.28M6 June 2017
Current rentAED 73K /yr14 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Reehan 1

What is 205 worth today?

Last sold for AED 1,275,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Sep 2019RentedNew contract
AED 73,000/yr12 months · AED 94 per sqft
6 Jun 2017SoldReady
AED 1,275,000AED 1,649 per sqft
22 Dec 2011Sold by developerReady
AED 1,150,000AED 1,487 per sqft

Source: Dubai Land Department. Updated 14 September 2019.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
2nd of 9
Parking
B-1023
Developer
Emaar
Completed
2006
Service charge
AED 15,900 /yr
Last sold
AED 1.28M · June 2017
Building
Reehan 1

About 205, Reehan 1

205 is a one-bedroom apartment of 773 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 6 June 2017 for AED 1,275,000, or AED 1,649 per sqft, 6% below the AED 1,748 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 September 2019. The current contract, signed on 14 September 2019, is AED 73,000 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 15,900 a year.

Sales and rents for 205 over time

Sales
Unit 205, 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 2011: AED 1,150,000 (AED 1,487 per sqft)Sold, June 2017: AED 1,275,000 (AED 1,649 per sqft)

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

Rents
Unit 205, each contractTypical one-bed in Reehan 1
60K80K100K2013201720212025Typical 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 2019: AED 73,000 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 205 sits

All 18 1-beds →

205 last sold in June 2017 at AED 1,649 per sqft, 6% below what one-beds in Reehan 1 were fetching at the time (AED 1,748). 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. 205's AED 73,000 is at the bottom 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
2041-bedAED 1.25M · Jan 2023
2062-bedAED 2.65M · Aug 2024
2072-bedAED 3.34M · Jun 2026

205, Reehan 1 in numbers

  • Sold twice: first on 22 December 2011 for AED 1,150,000, last on 6 June 2017 for AED 1,275,000 (AED 1,649 per sqft).
  • Rented since September 2019 on one Ejari contract, at AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2017 price is 5.7%, before a service charge of about AED 15,900 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 14 September 2019.

Questions about 205, Reehan 1

What did unit 205 last sell for?

AED 1,275,000 on 6 June 2017: AED 1,649 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in December 2011.

What is the rent for unit 205?

AED 73,000 a year on the contract signed on 14 September 2019.

How big is unit 205?

773 sqft (71.8 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2006.

What is unit 205 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.

Selling 205? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 205, Reehan 1

Starts from the last sale price (AED 1.28M, 6 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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