1-bed · 773 sqftReehan 1, The Old Town · 3rd floor · completed 2006

305, Reehan 1

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 22 September 2026
Last soldAED 1.5M25 August 2023
Current rentAED 115K /yr22 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Reehan 1

What is 305 worth today?

Last sold for AED 1,500,000 in 2023

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22 Sep 2026RentedRenewal
AED 115,000/yr12 months · AED 150 per sqft
22 Sep 2025RentedNew contract
AED 115,000/yr12 months · AED 148 per sqft
6 Feb 2025RentedRenewal
AED 132,000/yr5 months · AED 170 per sqft
6 Feb 2025RentedRenewal
AED 132,000/yr5 months · AED 170 per sqft
6 Feb 2024RentedNew contract
AED 130,000/yr12 months · AED 168 per sqft
25 Aug 2023SoldReady
AED 1,500,000AED 1,940 per sqft
15 Jun 2022RentedRenewal
AED 70,000/yr12 months · AED 90 per sqft
15 Jun 2021RentedRenewal
AED 65,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 22 September 2026.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
3rd of 9
Parking
B-1034
Developer
Emaar
Completed
2006
Service charge
AED 15,900 /yr
Last sold
AED 1.5M · August 2023
Building
Reehan 1

About 305, Reehan 1

305 is a one-bedroom apartment of 773 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 25 August 2023 for AED 1,500,000, or AED 1,940 per sqft, 11% above the AED 1,746 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, renewed on 22 September 2026, is AED 115,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 15,900 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, August 2010: AED 852,888 (AED 1,103 per sqft)Sold, August 2023: AED 1,500,000 (AED 1,940 per sqft)

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

Rents
Unit 305, each contractTypical one-bed in Reehan 1
100K2013201720212025Typical 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 2015: AED 95,000 a yearNew contract, October 2016: AED 102,000 a yearRenewal, October 2017: AED 98,000 a yearNew contract, June 2019: AED 68,000 a yearRenewal, June 2020: AED 72,000 a yearRenewal, September 2020: AED 86,978 a yearRenewal, June 2021: AED 65,000 a yearRenewal, June 2022: AED 70,000 a yearNew contract, February 2024: AED 130,000 a yearRenewal, February 2025: AED 132,000 a yearRenewal, February 2025: AED 132,000 a yearNew contract, September 2025: AED 115,000 a yearRenewal, September 2026: AED 115,000 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 305 sits

All 18 1-beds →

305 last sold in August 2023 at AED 1,940 per sqft, 11% above what one-beds in Reehan 1 were fetching at the time (AED 1,746). 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. 305's AED 115,000 is in the upper 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 3rd floor

All 63 units in Reehan 1
Value
3012-bedAED 2.85M · Feb 2014
3022-bedAED 2.75M · Apr 2018
3032-bedAED 1.83M · Aug 2021
3041-bedAED 1.6M · Jul 2024
3062-bedAED 1.56M · Mar 2009
3072-bedAED 2.4M · Nov 2012

305, Reehan 1 in numbers

  • Sold twice: first on 15 August 2010 for AED 852,888, last on 25 August 2023 for AED 1,500,000 (AED 1,940 per sqft).
  • Rented since September 2015 on 13 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2021 and recovered to AED 115,000 by September 2026.
  • At AED 115,000 a year the gross yield on the 2023 price is 7.7%, 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 22 September 2026.

Questions about 305, Reehan 1

What did unit 305 last sell for?

AED 1,500,000 on 25 August 2023: AED 1,940 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 852,888 in August 2010.

What is the rent for unit 305?

AED 115,000 a year on the contract renewed on 22 September 2026. The previous contract, from September 2025, was AED 115,000; the unit has been rented since September 2015.

How big is unit 305?

773 sqft (71.8 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2006.

What is unit 305 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 305, Reehan 1

Starts from the last sale price (AED 1.5M, 25 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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