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2-bed · 1,258 sqftReehan 1, The Old Town · 7th floor · completed 2006

706, Reehan 1

Sold prices and rental history: sold 4 times, last in March 2016, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 16 September 2026
Last soldAED 2.5M24 March 2016
Current rentAED 168K /yr16 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Reehan 1

What is 706 worth today?

Last sold for AED 2,500,000 in 2016

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16 Sep 2026RentedNew contract
AED 168,000/yr12 months · AED 135 per sqft
24 Mar 2016SoldReady
AED 2,500,000AED 1,987 per sqft
31 Jan 2016SoldReady
AED 1,700,000AED 1,351 per sqft
16 Aug 2011SoldReady
AED 1,500,000AED 1,192 per sqft
7 Aug 2011Sold by developerReady
AED 1,623,888AED 1,290 per sqft

Source: Dubai Land Department. Updated 16 September 2026.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
7th of 9
Parking
B-2186
Developer
Emaar
Completed
2006
Service charge
AED 25,900 /yr
Last sold
AED 2.5M · March 2016
Building
Reehan 1

About 706, Reehan 1

706 is a two-bedroom apartment of 1,258 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 24 March 2016 for AED 2,500,000, or AED 1,987 per sqft, 4% below the AED 2,067 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 September 2026. The current contract, signed on 16 September 2026, is AED 168,000 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 25,900 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, August 2011: AED 1,500,000 (AED 1,192 per sqft)Sold by developer, August 2011: AED 1,623,888 (AED 1,290 per sqft)Sold, January 2016: AED 1,700,000 (AED 1,351 per sqft)Sold, March 2016: AED 2,500,000 (AED 1,987 per sqft)

706 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 706, 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 2026: AED 168,000 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 706 sits

All 42 2-beds →

706 last sold in March 2016 at AED 1,987 per sqft, 4% below what two-beds in Reehan 1 were fetching at the time (AED 2,067). 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. 706's AED 168,000 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 7th floor

All 63 units in Reehan 1
Value
7012-bedAED 2.7M · Jan 2017
7022-bedAED 4.28M · Feb 2025
7032-bedAED 2.72M · May 2024
7041-bedAED 1.84M · Aug 2014
7051-bedAED 950K · Sep 2019

706, Reehan 1 in numbers

  • Sold 4 times: first on 7 August 2011 for AED 1,623,888, last on 24 March 2016 for AED 2,500,000 (AED 1,987 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 25,900 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 16 September 2026.

Questions about 706, Reehan 1

What did unit 706 last sell for?

AED 2,500,000 on 24 March 2016: AED 1,987 per sqft for 1,258 sqft. The unit has 4 registered sales; the first was AED 1,623,888 in August 2011.

What is the rent for unit 706?

AED 168,000 a year on the contract signed on 16 September 2026.

How big is unit 706?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.

What is unit 706 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 706, Reehan 1

Starts from the last sale price (AED 2.5M, 24 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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