501, Reehan 1
Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Reehan 1
What is 501 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 27 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,354 sqft
- Floor
- 5th of 9
- Parking
- B-1029
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 27,900 /yr
- Last sold
- AED 2.28M · November 2021
- Building
- Reehan 1
About 501, Reehan 1
501 is a two-bedroom apartment of 1,354 sqft on the 5th floor of Reehan 1, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 11 November 2021 for AED 2,275,000, or AED 1,680 per sqft, 10% above the AED 1,525 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 27 November 2022, is AED 113,000 a year: a gross yield of 5.0% on the 2021 price, before the service charge of about AED 27,900 a year.
Sales and rents for 501 over time
501 has sold 3 times; 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 501 sits
All 42 2-beds →501 last sold in November 2021 at AED 1,680 per sqft, 10% above what two-beds in Reehan 1 were fetching at the time (AED 1,525). 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. 501's AED 113,000 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 5th floor
All 63 units in Reehan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,517 sqft | AED 2.23MAED 2,225,000 · Mar 2019March 2019 | ||
| 503 | 2-bed | 1,221 sqft | AED 2.4MAED 2,400,000 · Aug 2023August 2023 | 205,553 /yr | |
| 504 | 1-bed | 826 sqft | AED 16KAED 16,224 · Aug 2026August 2026 | 112,000 /yr | |
| 505 | 1-bed | 773 sqft | AED 1.25MAED 1,250,000 · Apr 2022April 2022 | 72,000 /yr | |
| 506 | 2-bed | 1,258 sqft | AED 2.96MAED 2,958,000 · Jan 2026January 2026 | 133,100 /yr | |
| 507 | 2-bed | 1,405 sqft | AED 3.35MAED 3,350,000 · Sep 2026September 2026 | 105,000 /yr |
501, Reehan 1 in numbers
- Sold 3 times: first on 12 July 2010 for AED 1,207,444, last on 11 November 2021 for AED 2,275,000 (AED 1,680 per sqft).
- Rented since October 2013 on 6 Ejari contracts, from AED 141,176 to AED 113,000 a year.
- At AED 113,000 a year the gross yield on the 2021 price is 5.0%, before a service charge of about AED 27,900 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 27 November 2022.
Questions about 501, Reehan 1
What did unit 501 last sell for?
AED 2,275,000 on 11 November 2021: AED 1,680 per sqft for 1,354 sqft. The unit has 3 registered sales; the first was AED 1,207,444 in July 2010.
What is the rent for unit 501?
AED 113,000 a year on the contract signed on 27 November 2022. The previous contract, from November 2019, was AED 110,000; the unit has been rented since October 2013.
How big is unit 501?
1,354 sqft (125.8 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2006.
What is unit 501 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.
Selling 501? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 501, Reehan 1
Starts from the last sale price (AED 2.28M, 11 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,275,000
- Deposit, UAE resident (20%)
- AED 455,000
- Deposit, non-resident (40%)
- AED 910,000
- Monthly over 25 years at 3.7%
- AED 9,308
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →