705, Reehan 1
Sold prices and rental history: sold twice, last in September 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Reehan 1
What is 705 worth today?
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Source: Dubai Land Department. Updated 5 September 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 7th of 9
- Parking
- B-2187
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 15,900 /yr
- Last sold
- AED 950K · September 2019
- Building
- Reehan 1
About 705, Reehan 1
705 is a one-bedroom apartment of 773 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 5 September 2019 for AED 950,000, or AED 1,229 per sqft.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 October 2017, is AED 82,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 15,900 a year.
Sales and rents for 705 over time
705 has sold twice; 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 705 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. 705's AED 82,000 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 | |
| 704 | 1-bed | 826 sqft | AED 1.84MAED 1,837,888 · Aug 2014August 2014 | 89,380 /yr | |
| 706 | 2-bed | 1,258 sqft | AED 2.5MAED 2,500,000 · Mar 2016March 2016 | 168,000 /yr |
705, Reehan 1 in numbers
- Sold twice: first on 8 September 2016 for AED 2,710,000, last on 5 September 2019 for AED 950,000 (AED 1,229 per sqft).
- Rented since July 2016 on 2 Ejari contracts, from AED 93,170 to AED 82,000 a year.
- At AED 82,000 a year the gross yield on the 2019 price is 8.6%, before a service charge of about AED 15,900 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 September 2019.
Questions about 705, Reehan 1
What did unit 705 last sell for?
AED 950,000 on 5 September 2019: AED 1,229 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 2,710,000 in September 2016.
What is the rent for unit 705?
AED 82,000 a year on the contract signed on 1 October 2017. The previous contract, from July 2016, was AED 93,170.
How big is unit 705?
773 sqft (71.8 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.
What is unit 705 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 705, Reehan 1
Starts from the last sale price (AED 950K, 5 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →