602, Reehan 1
Sold prices and rental history: sold 5 times, last in February 2024, 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 602, Reehan 1
What is 602 worth today?
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Source: Dubai Land Department. Updated 14 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,517 sqft
- Floor
- 6th of 9
- Parking
- B-2218
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,300 /yr
- Last sold
- AED 3.38M · February 2024
- Building
- Reehan 1
About 602, Reehan 1
602 is a two-bedroom apartment of 1,517 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 14 February 2024 for AED 3,375,000, or AED 2,224 per sqft, 25% above the AED 1,779 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 15 October 2019, is AED 105,000 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 31,300 a year.
Sales and rents for 602 over time
602 has sold 5 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 602 sits
All 42 2-beds →602 last sold in February 2024 at AED 2,224 per sqft, 25% above what two-beds in Reehan 1 were fetching at the time (AED 1,779). 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. 602's AED 105,000 is at the bottom 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 6th floor
All 63 units in Reehan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,354 sqft | AED 3.47MAED 3,470,000 · Jan 2025January 2025 | 146,685 /yr | |
| 603 | 2-bed | 1,221 sqft | AED 950KAED 950,000 · Nov 2024November 2024 | 170,000 /yr | |
| 604 | 1-bed | 826 sqft | AED 1.38MAED 1,380,000 · Jul 2023July 2023 | 105,000 /yr | |
| 605 | 1-bed | 773 sqft | AED 1.55MAED 1,550,000 · Aug 2024August 2024 | 115,000 /yr | |
| 606 | 2-bed | 1,258 sqft | AED 1.6MAED 1,603,888 · Aug 2010August 2010 | 150,000 /yr | |
| 607 | 2-bed | 1,405 sqft | AED 3.2MAED 3,200,000 · Nov 2024November 2024 | 178,022 /yr |
602, Reehan 1 in numbers
- Sold 5 times: first on 15 August 2010 for AED 3,399,015, last on 14 February 2024 for AED 3,375,000 (AED 2,224 per sqft).
- Rented since November 2013 on 6 Ejari contracts, from AED 170,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2024 price is 3.1%, before a service charge of about AED 31,300 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 14 February 2024.
Questions about 602, Reehan 1
What did unit 602 last sell for?
AED 3,375,000 on 14 February 2024: AED 2,224 per sqft for 1,517 sqft. The unit has 5 registered sales; the first was AED 3,399,015 in August 2010.
What is the rent for unit 602?
AED 105,000 a year on the contract signed on 15 October 2019. The previous contract, from July 2018, was AED 160,000; the unit has been rented since November 2013.
How big is unit 602?
1,517 sqft (140.9 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2006.
What is unit 602 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 602, Reehan 1
Starts from the last sale price (AED 3.38M, 14 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,375,000
- Deposit, UAE resident (20%)
- AED 675,000
- Deposit, non-resident (40%)
- AED 1,350,000
- Monthly over 25 years at 3.7%
- AED 13,808
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →