2-bed · 1,113 sqftReehan 1, The Old Town · Ground floor · completed 2006

G03, Reehan 1

Sold prices and rental history: sold twice, last in April 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 2.53M27 April 2015
Current rentAED 190K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Reehan 1

What is G03 worth today?

Last sold for AED 2,530,000 in 2015

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1 Feb 2026RentedRenewal
AED 190,000/yr12 months · AED 75 per sqft
1 Feb 2025RentedNew contract
AED 190,000/yr12 months · AED 75 per sqft
1 Feb 2025RentedNew contract
AED 190,000/yr12 months · AED 75 per sqft
10 Jan 2023RentedRenewal
AED 150,000/yr12 months · AED 135 per sqft
10 Jan 2022RentedNew contract
AED 150,000/yr12 months · AED 135 per sqft
24 Dec 2017RentedNew contract
AED 84,772/yr12 months · AED 76 per sqft
27 Apr 2015SoldReady
AED 2,530,000AED 2,273 per sqft
2 Mar 2013RentedNew contract
AED 115,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
1,113 sqft
Floor
Ground of 9
Parking
B-2093
Developer
Emaar
Completed
2006
Service charge
AED 23,000 /yr
Last sold
AED 2.53M · April 2015
Building
Reehan 1

About G03, Reehan 1

G03 is a two-bedroom apartment of 1,113 sqft on the ground floor of Reehan 1, a 9-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 27 April 2015 for AED 2,530,000, or AED 2,273 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 190,000 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 23,000 a year.

Sales and rents for G03 over time

Sales
Unit G03, 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 by developer, January 2009: AED 1,486,902 (AED 1,335 per sqft)Sold, April 2015: AED 2,530,000 (AED 2,273 per sqft)

G03 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G03, each contractTypical two-bed in Reehan 1
100K150K200K2012201620202024Typical 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, March 2013: AED 115,000 a yearNew contract, December 2017: AED 84,772 a yearNew contract, January 2022: AED 150,000 a yearRenewal, January 2023: AED 150,000 a yearNew contract, February 2025: AED 190,000 a yearNew contract, February 2025: AED 190,000 a yearRenewal, February 2026: AED 190,000 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 G03 sits

All 42 2-beds →

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. G03's AED 190,000 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 ground floor

All 63 units in Reehan 1
Value
G022-bedAED 2.6M · Oct 2009
G041-bedAED 1.06M · Feb 2020
G051-bedAED 1.52M · Mar 2018
G062-bedAED 4.1M · May 2025
G073-bedAED 995K · Apr 2022

G03, Reehan 1 in numbers

  • Sold twice: first on 12 January 2009 for AED 1,486,902, last on 27 April 2015 for AED 2,530,000 (AED 2,273 per sqft).
  • Rented since March 2013 on 7 Ejari contracts. The rent fell from AED 115,000 to AED 84,772 in 2017 and recovered to AED 190,000 by February 2026.
  • At AED 190,000 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 23,000 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 1 February 2026.

Questions about G03, Reehan 1

What did unit G03 last sell for?

AED 2,530,000 on 27 April 2015: AED 2,273 per sqft for 1,113 sqft. The unit has 2 registered sales; the first was AED 1,486,902 in January 2009.

What is the rent for unit G03?

AED 190,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 190,000; the unit has been rented since March 2013.

How big is unit G03?

1,113 sqft (103.4 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2006.

What is unit G03 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 G03, Reehan 1

Starts from the last sale price (AED 2.53M, 27 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,530,000
Deposit, UAE resident (20%)
AED 506,000
Deposit, non-resident (40%)
AED 1,012,000
Monthly over 25 years at 3.7%
AED 10,351

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