2-bed · 1,258 sqftReehan 1, The Old Town · 8th floor · completed 2006

806, Reehan 1

Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 28 February 2022
Last soldAED 1.85M28 February 2022
Current rentAED 118K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Reehan 1

What is 806 worth today?

Last sold for AED 1,850,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Feb 2022SoldReady
AED 1,850,000AED 1,470 per sqft
1 Oct 2020RentedNew contract
AED 118,000/yr13 months · AED 94 per sqft
28 Jul 2019SoldReady
AED 1,675,000AED 1,331 per sqft
1 Oct 2017RentedNew contract
AED 130,000/yr12 months · AED 103 per sqft
18 Feb 2016RentedRenewal
AED 150,150/yr12 months · AED 119 per sqft
18 Feb 2015RentedRenewal
AED 143,000/yr12 months · AED 114 per sqft
18 Feb 2014RentedRenewal
AED 130,000/yr12 months · AED 103 per sqft
18 Feb 2013RentedNew contract
AED 120,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 28 February 2022.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
8th of 9
Parking
B-2094
Developer
Emaar
Completed
2006
Service charge
AED 25,900 /yr
Last sold
AED 1.85M · February 2022
Building
Reehan 1

About 806, Reehan 1

806 is a two-bedroom apartment of 1,258 sqft on the 8th floor of Reehan 1, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 28 February 2022 for AED 1,850,000, or AED 1,470 per sqft, in line with the AED 1,494 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 1 October 2020, is AED 118,000 a year: a gross yield of 6.4% on the 2022 price, before the service charge of about AED 25,900 a year.

Sales and rents for 806 over time

Sales
Unit 806, each saleTypical two-bed in Reehan 1
2M3M4M2009201420192024Typical 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 by developer, March 2010: AED 1,643,888 (AED 1,306 per sqft)Sold, July 2019: AED 1,675,000 (AED 1,331 per sqft)Sold, February 2022: AED 1,850,000 (AED 1,470 per sqft)

806 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 806, 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, February 2013: AED 120,000 a yearRenewal, February 2014: AED 130,000 a yearRenewal, February 2015: AED 143,000 a yearRenewal, February 2016: AED 150,150 a yearNew contract, October 2017: AED 130,000 a yearNew contract, October 2020: AED 118,000 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 806 sits

All 42 2-beds →

806 last sold in February 2022 at AED 1,470 per sqft, in line with what two-beds in Reehan 1 were fetching at the time (AED 1,494). 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. 806's AED 118,000 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 8th floor

All 63 units in Reehan 1
Value
8012-bedAED 2.85M · Oct 2023
8022-bedAED 2.1M · Mar 2021
8032-bedAED 2.72M · Aug 2010
8041-bedAED 1.8M · Feb 2024
8051-bedAED 1.35M · Oct 2022
8072-bedAED 2.52M · Sep 2022

806, Reehan 1 in numbers

  • Sold 3 times: first on 22 March 2010 for AED 1,643,888, last on 28 February 2022 for AED 1,850,000 (AED 1,470 per sqft).
  • Rented since February 2013 on 6 Ejari contracts, from AED 120,000 to AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2022 price is 6.4%, 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 28 February 2022.

Questions about 806, Reehan 1

What did unit 806 last sell for?

AED 1,850,000 on 28 February 2022: AED 1,470 per sqft for 1,258 sqft. The unit has 3 registered sales; the first was AED 1,643,888 in March 2010.

What is the rent for unit 806?

AED 118,000 a year on the contract signed on 1 October 2020. The previous contract, from October 2017, was AED 130,000; the unit has been rented since February 2013.

How big is unit 806?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2006.

What is unit 806 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.

Selling 806? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 806, Reehan 1

Starts from the last sale price (AED 1.85M, 28 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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