2-bed · 1,221 sqftReehan 1, The Old Town · 4th floor · completed 2006

403, Reehan 1

Sold prices and rental history: sold 3 times, last in July 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 6 July 2026
Last soldAED 1.78M6 July 2021
Current rentAED 153K /yr6 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Reehan 1

What is 403 worth today?

Last sold for AED 1,775,000 in 2021

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6 Jul 2026RentedRenewal
AED 152,900/yr12 months · AED 125 per sqft
6 Jul 2025RentedRenewal
AED 139,466/yr12 months · AED 114 per sqft
6 Jul 2025RentedRenewal
AED 139,466/yr12 months · AED 114 per sqft
6 Jul 2024RentedRenewal
AED 132,825/yr12 months · AED 109 per sqft
6 Jul 2023RentedRenewal
AED 115,500/yr12 months · AED 95 per sqft
6 Jul 2022RentedRenewal
AED 110,000/yr12 months · AED 90 per sqft
6 Jul 2021SoldReady
AED 1,775,000AED 1,453 per sqft
6 Jul 2021RentedNew contract
AED 100,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 6 July 2026.

Key facts

Type
2-bed apartment
Size
1,221 sqft
Floor
4th of 9
Parking
B-1025
Developer
Emaar
Completed
2006
Service charge
AED 25,200 /yr
Last sold
AED 1.78M · July 2021
Building
Reehan 1

About 403, Reehan 1

403 is a two-bedroom apartment of 1,221 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 6 July 2021 for AED 1,775,000, or AED 1,453 per sqft, 9% above the AED 1,333 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 6 July 2026, is AED 152,900 a year: a gross yield of 8.6% on the 2021 price, before the service charge of about AED 25,200 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Reehan 1
2M4M2009201420192024Typical 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, January 2009: AED 1,548,888 (AED 1,268 per sqft)Sold, January 2009: AED 3,000,000 (AED 2,457 per sqft)Sold, July 2021: AED 1,775,000 (AED 1,453 per sqft)

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

Rents
Unit 403, 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, July 2021: AED 100,000 a yearRenewal, July 2022: AED 110,000 a yearRenewal, July 2023: AED 115,500 a yearRenewal, July 2024: AED 132,825 a yearRenewal, July 2025: AED 139,466 a yearRenewal, July 2025: AED 139,466 a yearRenewal, July 2026: AED 152,900 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 403 sits

All 42 2-beds →

403 last sold in July 2021 at AED 1,453 per sqft, 9% above what two-beds in Reehan 1 were fetching at the time (AED 1,333). 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. 403's AED 152,900 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 4th floor

All 63 units in Reehan 1
Value
4012-bedAED 3.4M · Mar 2014
4022-bedAED 2.63M · Jun 2016
4041-bedAED 1.17M · Mar 2022
4051-bedAED 796K · Jan 2012
4062-bedAED 1.55M · Apr 2012
4072-bedAED 2.77M · Aug 2017

403, Reehan 1 in numbers

  • Sold 3 times: first on 11 January 2009 for AED 3,000,000, last on 6 July 2021 for AED 1,775,000 (AED 1,453 per sqft).
  • Rented since July 2021 on 7 Ejari contracts, from AED 100,000 to AED 152,900 a year.
  • At AED 152,900 a year the gross yield on the 2021 price is 8.6%, before a service charge of about AED 25,200 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 6 July 2026.

Questions about 403, Reehan 1

What did unit 403 last sell for?

AED 1,775,000 on 6 July 2021: AED 1,453 per sqft for 1,221 sqft. The unit has 3 registered sales; the first was AED 3,000,000 in January 2009.

What is the rent for unit 403?

AED 152,900 a year on the contract renewed on 6 July 2026. The previous contract, from July 2025, was AED 139,466; the unit has been rented since July 2021.

How big is unit 403?

1,221 sqft (113.4 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2006.

What is unit 403 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 403, Reehan 1

Starts from the last sale price (AED 1.78M, 6 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

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