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1-bed · 828 sqftReehan 1, The Old Town · Ground floor · completed 2006

G04, Reehan 1

Sold prices and rental history: sold twice, last in February 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 18 February 2020
Last soldAED 1.06M18 February 2020
Current rentAED 80K /yr3 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G04, Reehan 1

What is G04 worth today?

Last sold for AED 1,060,000 in 2020

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18 Feb 2020SoldReady
AED 1,060,000AED 1,280 per sqft
3 Nov 2019RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
1 Dec 2018RentedRenewal
AED 90,000/yr12 months · AED 109 per sqft
1 Dec 2017RentedNew contract
AED 90,000/yr12 months · AED 109 per sqft
15 Aug 2016RentedNew contract
AED 105,000/yr12 months · AED 127 per sqft
17 Jul 2014RentedNew contract
AED 120,000/yr12 months · AED 145 per sqft
16 Aug 2010Sold by developerReady
AED 979,888AED 1,183 per sqft

Source: Dubai Land Department. Updated 18 February 2020.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
Ground of 9
Parking
B-2091
Developer
Emaar
Completed
2006
Service charge
AED 17,100 /yr
Last sold
AED 1.06M · February 2020
Building
Reehan 1

About G04, Reehan 1

G04 is a one-bedroom apartment of 828 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 18 February 2020 for AED 1,060,000, or AED 1,280 per sqft.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 3 November 2019, is AED 80,000 a year: a gross yield of 7.5% on the 2020 price, before the service charge of about AED 17,100 a year.

Sales and rents for G04 over time

Sales
Unit G04, each saleTypical one-bed in Reehan 1
1M1.5M2008201320182023Typical sale price by year: 2008 AED 930,888; 2009 AED 970,888; 2010 AED 925,888; 2011 AED 1,012,500; 2022 AED 1,212,500; 2023 AED 1,480,000; 2024 AED 1,600,000Sold by developer, August 2010: AED 979,888 (AED 1,183 per sqft)Sold, February 2020: AED 1,060,000 (AED 1,280 per sqft)

G04 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G04, each contractTypical one-bed in Reehan 1
75K100K125K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 100,989; 2015 AED 99,752; 2016 AED 101,000; 2017 AED 105,000; 2018 AED 85,000; 2019 AED 74,000; 2020 AED 67,500; 2021 AED 66,000; 2022 AED 74,375; 2023 AED 84,725; 2024 AED 106,000; 2025 AED 110,000; 2026 AED 105,000New contract, July 2014: AED 120,000 a yearNew contract, August 2016: AED 105,000 a yearNew contract, December 2017: AED 90,000 a yearRenewal, December 2018: AED 90,000 a yearNew contract, November 2019: AED 80,000 a year

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 G04 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. G04's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Aug 202616,224
30 Dec 202529,371
25 Jun 202551,687
17 Dec 202423,844
2 1-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
G032-bedAED 2.53M · Apr 2015
G051-bedAED 1.52M · Mar 2018
G062-bedAED 4.1M · May 2025
G073-bedAED 995K · Apr 2022

G04, Reehan 1 in numbers

  • Sold twice: first on 16 August 2010 for AED 979,888, last on 18 February 2020 for AED 1,060,000 (AED 1,280 per sqft).
  • Rented since July 2014 on 5 Ejari contracts, from AED 120,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 7.5%, before a service charge of about AED 17,100 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 18 February 2020.

Questions about G04, Reehan 1

What did unit G04 last sell for?

AED 1,060,000 on 18 February 2020: AED 1,280 per sqft for 828 sqft. The unit has 2 registered sales; the first was AED 979,888 in August 2010.

What is the rent for unit G04?

AED 80,000 a year on the contract signed on 3 November 2019. The previous contract, from December 2018, was AED 90,000; the unit has been rented since July 2014.

How big is unit G04?

828 sqft (76.9 sqm): a one-bedroom apartment on the ground floor of a 9-storey tower completed in 2006.

What is unit G04 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 G04, Reehan 1

Starts from the last sale price (AED 1.06M, 18 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,000
Deposit, UAE resident (20%)
AED 212,000
Deposit, non-resident (40%)
AED 424,000
Monthly over 25 years at 3.7%
AED 4,337

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