704, Reehan 1
Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Reehan 1
What is 704 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 826 sqft
- Floor
- 7th of 9
- Parking
- B-2188
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 17,000 /yr
- Last sold
- AED 1.84M · August 2014
- Building
- Reehan 1
About 704, Reehan 1
704 is a one-bedroom apartment of 826 sqft on the 7th floor of Reehan 1, a 9-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 10 August 2014 for AED 1,837,888, or AED 2,224 per sqft.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 89,380 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 17,000 a year.
Sales and rents for 704 over time
704 has sold once; the dashed line is the one-bed median of each year in the building.
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 704 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. 704's AED 89,380 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 826 sqft | 16,224 | 19 | ||
| 30 Dec 202530 December 2025 | 826 sqft | 29,371 | 35 | ||
| 25 Jun 202525 June 2025 | 826 sqft | 51,687 | 62 | ||
| 17 Dec 202417 December 2024 | 826 sqft | 23,844 | 28 |
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 | |
| 702 | 2-bed | 1,517 sqft | AED 4.28MAED 4,275,000 · Feb 2025February 2025 | 121,275 /yr | |
| 703 | 2-bed | 1,221 sqft | AED 2.72MAED 2,720,000 · May 2024May 2024 | 178,000 /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 |
704, Reehan 1 in numbers
- Sold once: by Emaar on 10 August 2014 for AED 1,837,888, or AED 2,224 per sqft.
- Rented since January 2015 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 65,000 in 2020 and recovered to AED 89,380 by September 2025.
- At AED 89,380 a year the gross yield on the 2014 price is 4.9%, 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 1 September 2025.
Questions about 704, Reehan 1
What did unit 704 last sell for?
AED 1,837,888 on 10 August 2014, sold by the developer: AED 2,224 per sqft for 826 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 89,380 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 96,000; the unit has been rented since January 2015.
How big is unit 704?
826 sqft (76.7 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.
What is unit 704 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 704, Reehan 1
Starts from the last sale price (AED 1.84M, 10 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,837,888
- Deposit, UAE resident (20%)
- AED 367,578
- Deposit, non-resident (40%)
- AED 735,155
- Monthly over 25 years at 3.7%
- AED 7,519
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →