1-bed · 773 sqftReehan 1, The Old Town · 4th floor · completed 2006

405, Reehan 1

Sold prices and rental history: sold twice, last in January 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 8 January 2026
Last soldAED 796K9 January 2012
Current rentAED 93K /yr8 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Reehan 1

What is 405 worth today?

Last sold for AED 796,000 in 2012

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8 Jan 2026RentedNew contract
AED 93,000/yr12 months · AED 120 per sqft
1 Sep 2024RentedRenewal
AED 85,800/yr12 months · AED 111 per sqft
1 Sep 2023RentedRenewal
AED 78,000/yr12 months · AED 101 per sqft
1 Sep 2022RentedNew contract
AED 78,000/yr12 months · AED 101 per sqft
13 Apr 2013RentedNew contract
AED 80,000/yr12 months · AED 103 per sqft
9 Jan 2012SoldReady
AED 796,000AED 1,029 per sqft
26 Dec 2011Sold by developerReady
AED 862,888AED 1,116 per sqft

Source: Dubai Land Department. Updated 8 January 2026.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
4th of 9
Parking
B-1027
Developer
Emaar
Completed
2006
Service charge
AED 15,900 /yr
Last sold
AED 796K · January 2012
Building
Reehan 1

About 405, Reehan 1

405 is a one-bedroom apartment of 773 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 9 January 2012 for AED 796,000, or AED 1,029 per sqft, 20% below the AED 1,293 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 8 January 2026, is AED 93,000 a year: a gross yield of 11.7% on the 2012 price, before the service charge of about AED 15,900 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, December 2011: AED 862,888 (AED 1,116 per sqft)Sold, January 2012: AED 796,000 (AED 1,029 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in Reehan 1
60K80K100K2013201720212025Typical 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, April 2013: AED 80,000 a yearNew contract, September 2022: AED 78,000 a yearRenewal, September 2023: AED 78,000 a yearRenewal, September 2024: AED 85,800 a yearNew contract, January 2026: AED 93,000 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 405 sits

All 18 1-beds →

405 last sold in January 2012 at AED 1,029 per sqft, 20% below what one-beds in Reehan 1 were fetching at the time (AED 1,293). 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. 405's AED 93,000 is in the lower 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 4th floor

All 63 units in Reehan 1
Value
4012-bedAED 3.4M · Mar 2014
4022-bedAED 2.63M · Jun 2016
4032-bedAED 1.78M · Jul 2021
4041-bedAED 1.17M · Mar 2022
4062-bedAED 1.55M · Apr 2012
4072-bedAED 2.77M · Aug 2017

405, Reehan 1 in numbers

  • Sold twice: first on 26 December 2011 for AED 862,888, last on 9 January 2012 for AED 796,000 (AED 1,029 per sqft).
  • Rented since April 2013 on 5 Ejari contracts, from AED 80,000 to AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2012 price is 11.7%, 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 8 January 2026.

Questions about 405, Reehan 1

What did unit 405 last sell for?

AED 796,000 on 9 January 2012: AED 1,029 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 862,888 in December 2011.

What is the rent for unit 405?

AED 93,000 a year on the contract signed on 8 January 2026. The previous contract, from September 2024, was AED 85,800; the unit has been rented since April 2013.

How big is unit 405?

773 sqft (71.8 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2006.

What is unit 405 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 405, Reehan 1

Starts from the last sale price (AED 796K, 9 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 796,000
Deposit, UAE resident (20%)
AED 159,200
Deposit, non-resident (40%)
AED 318,400
Monthly over 25 years at 3.7%
AED 3,257

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