1-bed · 826 sqftReehan 1, The Old Town · 5th floor · completed 2006

504, Reehan 1

Sold prices and rental history: sold 9 times, last in August 2026, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 16K5 August 2026
Current rentAED 112K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Reehan 1

What is 504 worth today?

Last sold for AED 16,224 in 2026

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5 Aug 2026SoldReady · flagged as an outlier
AED 16,224AED 19 per sqft
30 Dec 2025SoldReady · flagged as an outlier
AED 29,371AED 35 per sqft
25 Jun 2025SoldReady · flagged as an outlier
AED 51,687AED 62 per sqft
17 Dec 2024SoldReady · flagged as an outlier
AED 23,844AED 28 per sqft
2 Aug 2024SoldReady · flagged as an outlier
AED 128,791AED 155 per sqft
10 Jun 2024RentedNew contract
AED 112,000/yr12 months · AED 135 per sqft
20 May 2023RentedNew contract
AED 91,000/yr12 months · AED 110 per sqft
28 Apr 2023SoldReady
AED 1,595,518AED 1,931 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
1-bed apartment
Size
826 sqft
Floor
5th of 9
Parking
B-2221
Developer
Emaar
Completed
2006
Service charge
AED 17,000 /yr
Last sold
AED 16K · August 2026
Building
Reehan 1

About 504, Reehan 1

504 is a one-bedroom apartment of 826 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 5 August 2026 for AED 16,224, or AED 19 per sqft.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 10 June 2024, is AED 112,000 a year: a gross yield of 690.3% on the 2026 price, before the service charge of about AED 17,000 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, April 2010: AED 940,888 (AED 1,139 per sqft)Sold, February 2014: AED 1,690,000 (AED 2,045 per sqft)Sold, February 2023: AED 1,275,000 (AED 1,543 per sqft)Sold, April 2023: AED 1,595,518 (AED 1,931 per sqft)

504 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 504, each contractTypical one-bed in Reehan 1
75K100K2013201720212025Typical 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 2014: AED 106,977 a yearNew contract, August 2016: AED 105,000 a yearRenewal, August 2017: AED 105,000 a yearNew contract, December 2018: AED 80,000 a yearRenewal, December 2019: AED 80,000 a yearRenewal, December 2020: AED 70,000 a yearRenewal, December 2021: AED 73,000 a yearNew contract, May 2023: AED 91,000 a yearNew contract, June 2024: AED 112,000 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 504 sits

All 18 1-beds →

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. 504's AED 112,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Aug 20241,550,000
1 Jul 20241,600,000
20 Mar 20241,600,000
27 Feb 20241,800,000
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 5th floor

All 63 units in Reehan 1
Value
5012-bedAED 2.28M · Nov 2021
5022-bedAED 2.23M · Mar 2019
5032-bedAED 2.4M · Aug 2023
5051-bedAED 1.25M · Apr 2022
5062-bedAED 2.96M · Jan 2026
5072-bedAED 3.35M · Sep 2026

504, Reehan 1 in numbers

  • Sold 9 times: first on 8 April 2010 for AED 940,888, last on 5 August 2026 for AED 16,224 (AED 19 per sqft).
  • Rented since April 2014 on 9 Ejari contracts. The rent fell from AED 106,977 to AED 70,000 in 2020 and recovered to AED 112,000 by June 2024.
  • At AED 112,000 a year the gross yield on the 2026 price is 690.3%, before a service charge of about AED 17,000 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 5 August 2026.

Questions about 504, Reehan 1

What did unit 504 last sell for?

AED 16,224 on 5 August 2026: AED 19 per sqft for 826 sqft. The unit has 9 registered sales; the first was AED 940,888 in April 2010.

What is the rent for unit 504?

AED 112,000 a year on the contract signed on 10 June 2024. The previous contract, from May 2023, was AED 91,000; the unit has been rented since April 2014.

How big is unit 504?

826 sqft (76.7 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2006.

What is unit 504 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 504, Reehan 1

Starts from the last sale price (AED 16K, 5 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 16,224
Deposit, UAE resident (20%)
AED 3,245
Deposit, non-resident (40%)
AED 6,490
Monthly over 25 years at 3.7%
AED 66

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