406, Reehan 1
Sold prices and rental history: sold twice, last in April 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Reehan 1
What is 406 worth today?
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Source: Dubai Land Department. Updated 17 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,258 sqft
- Floor
- 4th of 9
- Parking
- B-1028
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.55M · April 2012
- Building
- Reehan 1
About 406, Reehan 1
406 is a two-bedroom apartment of 1,258 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 29 April 2012 for AED 1,550,000, or AED 1,232 per sqft, in line with the AED 1,252 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 17 July 2026, is AED 140,000 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 25,900 a year.
Sales and rents for 406 over time
406 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 406 sits
All 42 2-beds →406 last sold in April 2012 at AED 1,232 per sqft, in line with what two-beds in Reehan 1 were fetching at the time (AED 1,252). 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. 406's AED 140,000 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 | |
| 402 | 2-bed | 1,517 sqft | AED 2.63MAED 2,625,000 · Jun 2016June 2016 | 154,000 /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 | |
| 407 | 2-bed | 1,405 sqft | AED 2.77MAED 2,765,000 · Aug 2017August 2017 |
406, Reehan 1 in numbers
- Sold twice: first on 12 March 2009 for AED 1,583,888, last on 29 April 2012 for AED 1,550,000 (AED 1,232 per sqft).
- Rented since December 2014 on 5 Ejari contracts, from AED 170,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2012 price is 9.0%, before a service charge of about AED 25,900 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 17 July 2026.
Questions about 406, Reehan 1
What did unit 406 last sell for?
AED 1,550,000 on 29 April 2012: AED 1,232 per sqft for 1,258 sqft. The unit has 2 registered sales; the first was AED 1,583,888 in March 2009.
What is the rent for unit 406?
AED 140,000 a year on the contract signed on 17 July 2026. The previous contract, from February 2025, was AED 180,000; the unit has been rented since December 2014.
How big is unit 406?
1,258 sqft (116.9 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2006.
What is unit 406 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 406, Reehan 1
Starts from the last sale price (AED 1.55M, 29 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →