2-bed · 1,517 sqftReehan 1, The Old Town · 5th floor · completed 2006

502, Reehan 1

Sold prices and rental history: sold twice, last in March 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 502 · DLD and Ejari recordsUpdated 28 March 2019

Last soldAED 2.23M28 March 2019

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Today's valuefree after one verification

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Property timeline for 502, Reehan 1

Today

What is 502 worth today?

Last sold for AED 2,225,000 in 2019

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28 Mar 2019

28 Mar 2019SoldReady

AED 2,225,000AED 1,466 per sqft

3 May 2011

3 May 2011Sold by developerReady

AED 2,199,888AED 1,450 per sqft

Source: Dubai Land Department. Updated 28 March 2019.

Key facts

Type: 2-bed apartment
Size: 1,517 sqft
Floor: 5th of 9
Parking: B-2216
Developer: Emaar
Completed: 2006
Service charge: AED 31,300 /yr
Last sold: AED 2.23M · March 2019
Building: Reehan 1

About 502, Reehan 1

502 is a two-bedroom apartment of 1,517 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 28 March 2019 for AED 2,225,000, or AED 1,466 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales

Unit 502, each saleTypical two-bed in Reehan 1

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

Rents

Unit 502, each contractTypical two-bed in Reehan 1

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 502 sits

All 42 2-beds →

2-beds in Reehan 1 · last 12 months2,377 /sqft Reehan 1 · all types2,377 /sqft

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.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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

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 5th floor

All 63 units in Reehan 1


501	2-bed	1,354 sqft	AED 2.28MAED 2,275,000 · Nov 2021November 2021	113,000 /yr
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

502, Reehan 1 in numbers

Sold twice: first on 3 May 2011 for AED 2,199,888, last on 28 March 2019 for AED 2,225,000 (AED 1,466 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 28 March 2019.

Questions about 502, Reehan 1

What did unit 502 last sell for?

AED 2,225,000 on 28 March 2019: AED 1,466 per sqft for 1,517 sqft. The unit has 2 registered sales; the first was AED 2,199,888 in May 2011.

How big is unit 502?

1,517 sqft (140.9 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2006.

What is unit 502 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 502, Reehan 1

Starts from the last sale price (AED 2.23M, 28 March 2019). Switch to today's estimate once you have unlocked it.

Price: AED 2,225,000
Deposit, UAE resident (20%): AED 445,000
Deposit, non-resident (40%): AED 890,000
Monthly over 25 years at 3.7%: AED 9,103

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