2-bed · 1,354 sqftReehan 1, The Old Town · 6th floor · completed 2006

601, Reehan 1

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 7 January 2025
Last soldAED 3.47M7 January 2025
Current rentAED 147K /yr24 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Reehan 1

What is 601 worth today?

Last sold for AED 3,470,000 in 2025

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7 Jan 2025SoldReady
AED 3,470,000AED 2,562 per sqft
24 Jul 2024RentedRenewal
AED 146,685/yr12 months · AED 109 per sqft
24 Jul 2023RentedRenewal
AED 133,350/yr12 months · AED 98 per sqft
24 Jul 2022RentedNew contract
AED 127,000/yr12 months · AED 94 per sqft
18 Jul 2021RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft
23 Apr 2021RentedNew contract
AED 120,000/yr12 months · AED 88 per sqft
24 Nov 2020RentedNew contract
AED 120,000/yr12 months · AED 88 per sqft
27 Sep 2018RentedNew contract
AED 125,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 7 January 2025.

Key facts

Type
2-bed apartment
Size
1,354 sqft
Floor
6th of 9
Parking
B-2224
Developer
Emaar
Completed
2006
Service charge
AED 27,900 /yr
Last sold
AED 3.47M · January 2025
Building
Reehan 1

About 601, Reehan 1

601 is a two-bedroom apartment of 1,354 sqft on the 6th floor of Reehan 1, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 7 January 2025 for AED 3,470,000, or AED 2,562 per sqft, 15% above the AED 2,226 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 24 July 2024, is AED 146,685 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 27,900 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Reehan 1
2M4M2009201420192024Typical sale price by year: 2009 AED 1,583,888; 2010 AED 2,075,888; 2011 AED 1,760,000; 2012 AED 2,487,944; 2013 AED 2,775,000; 2014 AED 2,850,000; 2015 AED 2,800,000; 2016 AED 2,425,000; 2017 AED 2,700,000; 2019 AED 1,587,500; 2020 AED 1,750,000; 2021 AED 2,000,000; 2022 AED 2,350,000; 2023 AED 2,400,000; 2024 AED 2,720,000; 2025 AED 3,785,000; 2026 AED 3,340,000Sold by developer, August 2010: AED 4,017,000 (AED 2,966 per sqft)Sold, January 2025: AED 3,470,000 (AED 2,562 per sqft)

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

Rents
Unit 601, each contractTypical two-bed in Reehan 1
150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 141,176; 2014 AED 165,000; 2015 AED 157,500; 2016 AED 167,000; 2017 AED 147,500; 2018 AED 131,000; 2019 AED 118,000; 2020 AED 119,000; 2021 AED 112,500; 2022 AED 129,820; 2023 AED 150,000; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 166,500New contract, September 2018: AED 125,000 a yearNew contract, November 2020: AED 120,000 a yearNew contract, April 2021: AED 120,000 a yearNew contract, July 2021: AED 115,000 a yearNew contract, July 2022: AED 127,000 a yearRenewal, July 2023: AED 133,350 a yearRenewal, July 2024: AED 146,685 a year

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 601 sits

All 42 2-beds →

601 last sold in January 2025 at AED 2,562 per sqft, 15% above what two-beds in Reehan 1 were fetching at the time (AED 2,226). 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. 601's AED 146,685 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Sep 20263,350,000
24 Jun 20263,340,000
14 Jan 20262,958,000
10 Jul 20252,850,000
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 6th floor

All 63 units in Reehan 1
Value
6022-bedAED 3.38M · Feb 2024
6032-bedAED 950K · Nov 2024
6041-bedAED 1.38M · Jul 2023
6051-bedAED 1.55M · Aug 2024
6062-bedAED 1.6M · Aug 2010
6072-bedAED 3.2M · Nov 2024

601, Reehan 1 in numbers

  • Sold twice: first on 15 August 2010 for AED 4,017,000, last on 7 January 2025 for AED 3,470,000 (AED 2,562 per sqft).
  • Rented since September 2018 on 7 Ejari contracts, from AED 125,000 to AED 146,685 a year.
  • At AED 146,685 a year the gross yield on the 2025 price is 4.2%, 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 7 January 2025.

Questions about 601, Reehan 1

What did unit 601 last sell for?

AED 3,470,000 on 7 January 2025: AED 2,562 per sqft for 1,354 sqft. The unit has 2 registered sales; the first was AED 4,017,000 in August 2010.

What is the rent for unit 601?

AED 146,685 a year on the contract renewed on 24 July 2024. The previous contract, from July 2023, was AED 133,350; the unit has been rented since September 2018.

How big is unit 601?

1,354 sqft (125.8 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2006.

What is unit 601 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 601, Reehan 1

Starts from the last sale price (AED 3.47M, 7 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,470,000
Deposit, UAE resident (20%)
AED 694,000
Deposit, non-resident (40%)
AED 1,388,000
Monthly over 25 years at 3.7%
AED 14,197

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