302, Reehan 1
Sold prices and rental history: sold twice, last in April 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Reehan 1
What is 302 worth today?
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Source: Dubai Land Department. Updated 5 April 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,517 sqft
- Floor
- 3rd of 9
- Parking
- B-2192
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,300 /yr
- Last sold
- AED 2.75M · April 2018
- Building
- Reehan 1
About 302, Reehan 1
302 is a two-bedroom apartment of 1,517 sqft on the 3rd floor of Reehan 1, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 5 April 2018 for AED 2,750,000, or AED 1,812 per sqft, 4% below the AED 1,890 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 23 February 2018, is AED 66,667 a year: a gross yield of 2.4% on the 2018 price, before the service charge of about AED 31,300 a year.
Sales and rents for 302 over time
302 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 302 sits
All 42 2-beds →302 last sold in April 2018 at AED 1,812 per sqft, 4% below what two-beds in Reehan 1 were fetching at the time (AED 1,890). 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. 302's AED 66,667 is at the bottom 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 3rd floor
All 63 units in Reehan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,354 sqft | AED 2.85MAED 2,850,000 · Feb 2014February 2014 | 120,000 /yr | |
| 303 | 2-bed | 1,221 sqft | AED 1.83MAED 1,825,000 · Aug 2021August 2021 | 105,000 /yr | |
| 304 | 1-bed | 826 sqft | AED 1.6MAED 1,600,000 · Jul 2024July 2024 | 75,000 /yr | |
| 305 | 1-bed | 773 sqft | AED 1.5MAED 1,500,000 · Aug 2023August 2023 | 115,000 /yr | |
| 306 | 2-bed | 1,258 sqft | AED 1.56MAED 1,563,888 · Mar 2009March 2009 | 110,000 /yr | |
| 307 | 2-bed | 1,405 sqft | AED 2.4MAED 2,400,000 · Nov 2012November 2012 | 190,000 /yr |
302, Reehan 1 in numbers
- Sold twice: first on 25 October 2010 for AED 2,159,888, last on 5 April 2018 for AED 2,750,000 (AED 1,812 per sqft).
- Rented since February 2013 on 6 Ejari contracts, from AED 170,000 to AED 66,667 a year.
- At AED 66,667 a year the gross yield on the 2018 price is 2.4%, 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 5 April 2018.
Questions about 302, Reehan 1
What did unit 302 last sell for?
AED 2,750,000 on 5 April 2018: AED 1,812 per sqft for 1,517 sqft. The unit has 2 registered sales; the first was AED 2,159,888 in October 2010.
What is the rent for unit 302?
AED 66,667 a year on the contract renewed on 23 February 2018. The previous contract, from February 2017, was AED 200,000; the unit has been rented since February 2013.
How big is unit 302?
1,517 sqft (140.9 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2006.
What is unit 302 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 302, Reehan 1
Starts from the last sale price (AED 2.75M, 5 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,750,000
- Deposit, UAE resident (20%)
- AED 550,000
- Deposit, non-resident (40%)
- AED 1,100,000
- Monthly over 25 years at 3.7%
- AED 11,251
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →