2-bed · 1,258 sqftReehan 1, The Old Town · 2nd floor · completed 2006

206, Reehan 1

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 23 May 2026
Last soldAED 2.65M23 August 2024
Current rentAED 170K /yr23 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Reehan 1

What is 206 worth today?

Last sold for AED 2,650,000 in 2024

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23 May 2026RentedNew contract
AED 170,000/yr12 months · AED 135 per sqft
15 Oct 2024RentedRenewal
AED 160,000/yr12 months · AED 128 per sqft
23 Aug 2024SoldReady
AED 2,650,000AED 2,106 per sqft
15 Oct 2023RentedRenewal
AED 150,000/yr12 months · AED 119 per sqft
22 Aug 2023SoldReady
AED 2,125,000AED 1,689 per sqft
15 Oct 2022RentedRenewal
AED 120,000/yr12 months · AED 95 per sqft
15 Oct 2021RentedRenewal
AED 95,000/yr12 months · AED 75 per sqft
15 Oct 2020RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 23 May 2026.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
2nd of 9
Parking
B-1030
Developer
Emaar
Completed
2006
Service charge
AED 25,900 /yr
Last sold
AED 2.65M · August 2024
Building
Reehan 1

About 206, Reehan 1

206 is a two-bedroom apartment of 1,258 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 2024 for AED 2,650,000, or AED 2,106 per sqft, in line with the AED 2,106 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 23 May 2026, is AED 170,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 25,900 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, December 2016: AED 2,350,000 (AED 1,868 per sqft)Sold, August 2023: AED 2,125,000 (AED 1,689 per sqft)Sold, August 2024: AED 2,650,000 (AED 2,106 per sqft)

206 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 206, 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, October 2020: AED 90,000 a yearRenewal, October 2021: AED 95,000 a yearRenewal, October 2022: AED 120,000 a yearRenewal, October 2023: AED 150,000 a yearRenewal, October 2024: AED 160,000 a yearNew contract, May 2026: AED 170,000 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 206 sits

All 42 2-beds →

206 last sold in August 2024 at AED 2,106 per sqft, in line with what two-beds in Reehan 1 were fetching at the time (AED 2,106). 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. 206's AED 170,000 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 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
2051-bedAED 1.28M · Jun 2017
2072-bedAED 3.34M · Jun 2026

206, Reehan 1 in numbers

  • Sold 3 times: first on 27 December 2016 for AED 2,350,000, last on 23 August 2024 for AED 2,650,000 (AED 2,106 per sqft).
  • Rented since October 2020 on 6 Ejari contracts, from AED 90,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 25,900 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 23 May 2026.

Questions about 206, Reehan 1

What did unit 206 last sell for?

AED 2,650,000 on 23 August 2024: AED 2,106 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 2,350,000 in December 2016.

What is the rent for unit 206?

AED 170,000 a year on the contract signed on 23 May 2026. The previous contract, from October 2024, was AED 160,000; the unit has been rented since October 2020.

How big is unit 206?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2006.

What is unit 206 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 206, Reehan 1

Starts from the last sale price (AED 2.65M, 23 August 2024). 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 →