402, Reehan 1
Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Reehan 1
What is 402 worth today?
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Source: Dubai Land Department. Updated 4 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,517 sqft
- Floor
- 4th of 9
- Parking
- B-2214
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,300 /yr
- Last sold
- AED 2.63M · June 2016
- Building
- Reehan 1
About 402, Reehan 1
402 is a two-bedroom apartment of 1,517 sqft on the 4th floor of Reehan 1, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 27 June 2016 for AED 2,625,000, or AED 1,730 per sqft, 7% below the AED 1,859 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 4 September 2026, is AED 154,000 a year: a gross yield of 5.9% on the 2016 price, before the service charge of about AED 31,300 a year.
Sales and rents for 402 over time
402 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 402 sits
All 42 2-beds →402 last sold in June 2016 at AED 1,730 per sqft, 7% below what two-beds in Reehan 1 were fetching at the time (AED 1,859). 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. 402's AED 154,000 is in the lower half 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 4th floor
All 63 units in Reehan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,354 sqft | AED 3.4MAED 3,400,000 · Mar 2014March 2014 | 170,000 /yr | |
| 403 | 2-bed | 1,221 sqft | AED 1.78MAED 1,775,000 · Jul 2021July 2021 | 152,900 /yr | |
| 404 | 1-bed | 826 sqft | AED 1.17MAED 1,165,000 · Mar 2022March 2022 | 105,000 /yr | |
| 405 | 1-bed | 773 sqft | AED 796KAED 796,000 · Jan 2012January 2012 | 93,000 /yr | |
| 406 | 2-bed | 1,258 sqft | AED 1.55MAED 1,550,000 · Apr 2012April 2012 | 140,000 /yr | |
| 407 | 2-bed | 1,405 sqft | AED 2.77MAED 2,765,000 · Aug 2017August 2017 |
402, Reehan 1 in numbers
- Sold twice: first on 31 March 2011 for AED 2,169,888, last on 27 June 2016 for AED 2,625,000 (AED 1,730 per sqft).
- Rented since September 2021 on 6 Ejari contracts, from AED 140,000 to AED 154,000 a year.
- At AED 154,000 a year the gross yield on the 2016 price is 5.9%, 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 4 September 2026.
Questions about 402, Reehan 1
What did unit 402 last sell for?
AED 2,625,000 on 27 June 2016: AED 1,730 per sqft for 1,517 sqft. The unit has 2 registered sales; the first was AED 2,169,888 in March 2011.
What is the rent for unit 402?
AED 154,000 a year on the contract renewed on 4 September 2026. The previous contract, from September 2025, was AED 154,000; the unit has been rented since September 2021.
How big is unit 402?
1,517 sqft (140.9 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2006.
What is unit 402 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 402, Reehan 1
Starts from the last sale price (AED 2.63M, 27 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,625,000
- Deposit, UAE resident (20%)
- AED 525,000
- Deposit, non-resident (40%)
- AED 1,050,000
- Monthly over 25 years at 3.7%
- AED 10,740
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →