702, Reehan 1
Sold prices and rental history: sold twice, last in February 2025, 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 702, Reehan 1
What is 702 worth today?
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Source: Dubai Land Department. Updated 13 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,517 sqft
- Floor
- 7th of 9
- Parking
- B-2219
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,300 /yr
- Last sold
- AED 4.28M · February 2025
- Building
- Reehan 1
About 702, Reehan 1
702 is a two-bedroom apartment of 1,517 sqft on the 7th floor of Reehan 1, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 13 February 2025 for AED 4,275,000, or AED 2,818 per sqft, 27% above the AED 2,227 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 October 2022, is AED 121,275 a year: a gross yield of 2.8% on the 2025 price, before the service charge of about AED 31,300 a year.
Sales and rents for 702 over time
702 has sold twice; 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 702 sits
All 42 2-beds →702 last sold in February 2025 at AED 2,818 per sqft, 27% above what two-beds in Reehan 1 were fetching at the time (AED 2,227). 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. 702's AED 121,275 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 7th floor
All 63 units in Reehan 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,354 sqft | AED 2.7MAED 2,700,000 · Jan 2017January 2017 | 164,000 /yr | |
| 703 | 2-bed | 1,221 sqft | AED 2.72MAED 2,720,000 · May 2024May 2024 | 178,000 /yr | |
| 704 | 1-bed | 826 sqft | AED 1.84MAED 1,837,888 · Aug 2014August 2014 | 89,380 /yr | |
| 705 | 1-bed | 773 sqft | AED 950KAED 950,000 · Sep 2019September 2019 | 82,000 /yr | |
| 706 | 2-bed | 1,258 sqft | AED 2.5MAED 2,500,000 · Mar 2016March 2016 | 168,000 /yr |
702, Reehan 1 in numbers
- Sold twice: first on 21 December 2023 for AED 3,000,000, last on 13 February 2025 for AED 4,275,000 (AED 2,818 per sqft).
- Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 170,000 to AED 110,000 in 2020 and recovered to AED 121,275 by October 2022.
- At AED 121,275 a year the gross yield on the 2025 price is 2.8%, 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 13 February 2025.
Questions about 702, Reehan 1
What did unit 702 last sell for?
AED 4,275,000 on 13 February 2025: AED 2,818 per sqft for 1,517 sqft. The unit has 2 registered sales; the first was AED 3,000,000 in December 2023.
What is the rent for unit 702?
AED 121,275 a year on the contract renewed on 15 October 2022. The previous contract, from October 2021, was AED 115,500; the unit has been rented since June 2013.
How big is unit 702?
1,517 sqft (140.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.
What is unit 702 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 702, Reehan 1
Starts from the last sale price (AED 4.28M, 13 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 4,275,000
- Deposit, UAE resident (20%)
- AED 855,000
- Deposit, non-resident (40%)
- AED 1,710,000
- Monthly over 25 years at 3.7%
- AED 17,490
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →