304, Reehan 1
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Reehan 1
What is 304 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 3rd of 9
- Parking
- B-1033
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 17,000 /yr
- Last sold
- AED 1.6M · July 2024
- Building
- Reehan 1
About 304, Reehan 1
304 is a one-bedroom apartment of 826 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 1 July 2024 for AED 1,600,000, or AED 1,936 per sqft, in line with the AED 1,936 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 15 June 2022, is AED 75,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 17,000 a year.
Sales and rents for 304 over time
304 has sold twice; the dashed line is the one-bed median of each year in the building.
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 304 sits
All 18 1-beds →304 last sold in July 2024 at AED 1,936 per sqft, in line with what one-beds in Reehan 1 were fetching at the time (AED 1,936). 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. 304's AED 75,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 826 sqft | 16,224 | 19 | ||
| 30 Dec 202530 December 2025 | 826 sqft | 29,371 | 35 | ||
| 25 Jun 202525 June 2025 | 826 sqft | 51,687 | 62 | ||
| 17 Dec 202417 December 2024 | 826 sqft | 23,844 | 28 |
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 | |
| 302 | 2-bed | 1,517 sqft | AED 2.75MAED 2,750,000 · Apr 2018April 2018 | 66,667 /yr | |
| 303 | 2-bed | 1,221 sqft | AED 1.83MAED 1,825,000 · Aug 2021August 2021 | 105,000 /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 |
304, Reehan 1 in numbers
- Sold twice: first on 8 August 2021 for AED 800,000, last on 1 July 2024 for AED 1,600,000 (AED 1,936 per sqft).
- Rented since September 2016 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 50,000 in 2020 and recovered to AED 75,000 by June 2022.
- At AED 75,000 a year the gross yield on the 2024 price is 4.7%, 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 1 July 2024.
Questions about 304, Reehan 1
What did unit 304 last sell for?
AED 1,600,000 on 1 July 2024: AED 1,936 per sqft for 826 sqft. The unit has 2 registered sales; the first was AED 800,000 in August 2021.
What is the rent for unit 304?
AED 75,000 a year on the contract signed on 15 June 2022. The previous contract, from November 2021, was AED 60,002; the unit has been rented since September 2016.
How big is unit 304?
826 sqft (76.7 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2006.
What is unit 304 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 304, Reehan 1
Starts from the last sale price (AED 1.6M, 1 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →