Reehan 2
Studios to three-beds in The Old Town. 1 apartment sold in the last 12 months; every sale, rent and unit is below.
About Reehan 2
Reehan 2 is a low-rise residential building in Old Town, the pedestrian-friendly enclave at the heart of Downtown Dubai. Set amid Arabic-inspired streetscapes and courtyards, it offers a quieter, traditional aesthetic within walking distance of the area’s headline attractions and waterfront promenades. The building rises over a basement, ground and three residential floors and contains around 38 apartments. Homes range from studios to one-, two- and three-bedroom layouts, with finishes in a warm, regional style. Many units include balconies, while select ground-floor residences open to private garden decks. Typical layouts feature semi-open kitchens and generously sized living spaces, consistent with Old Town’s family-oriented, low- to mid-rise character. Residents of Reehan 2 have access to on-site conveniences such as covered basement parking, 24-hour security and maintenance, landscaped communal gardens, a swimming pool and a children’s play area; barbecue spaces are also present within the cluster. There is no gym within the building itself, but fitness facilities are readily available elsewhere in the wider Old Town and Downtown precincts. Daily needs are met by the surrounding mix of cafés, restaurants, convenience retail and service outlets along the nearby boulevards and souks, with major shopping, entertainment and Burj-facing parks a short stroll away. Connectivity is a key strength. Old Town links to Al Asayel Street with quick access to Sheikh Zayed Road, placing Business Bay and DIFC within easy driving reach. Public transport options include nearby bus stops and the Red Line metro stations serving Downtown, with taxis widely available throughout the district. Schools, nurseries and medical clinics in Downtown and neighbouring communities such as Al Wasl and Business Bay are accessible by car, rounding out Reehan 2’s appeal for residents seeking a central Dubai address with a calmer, low-rise ambiance.
38 apartments over 3 floors: 4 studios of 303 to 606 sqft, 16 one-beds of 785 to 1,113 sqft, 15 two-beds of 1,188 to 2,970 sqft and 3 three-beds of 1,873 sqft. The service charge is AED 20.62 per sqft a year.
1 apartment sold in the 12 months to October 2026, at a median of AED 32 per sqft. 19 rental contracts were registered over the same 12 months, at a typical AED 128,000 a year.
- Developer
- Emaar
- Completed
- 2006
- Floors
- 3
- Units
- 38
- Unit types
- Studio to 3-bed
Average prices in Reehan 2
- 1-bed26,270
In Reehan 2, typical sale prices over the last 12 months were around AED 26,000 for one-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Reehan 2
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Transaction history in Reehan 2
- Completed1-bed · 806 sqft 31 Jul 2026AED 26,27033 /sqft
- Completed1-bed · 943 sqft 08 Jan 2025AED 2,100,0002,225 /sqft
- Completed1-bed · 806 sqft 12 Dec 2024AED 1,710,0002,122 /sqft
- Completed1-bed · 1,113 sqft 04 Sep 2024AED 1,850,0001,662 /sqft
- CompletedStudio · 302 sqft 08 Jul 2024AED 500,0001,652 /sqft
- Completed2-bed · 2,970 sqft 31 May 2024AED 5,700,0001,919 /sqft
- Completed2-bed · 1,412 sqft 10 May 2024AED 2,800,0001,983 /sqft
- Completed1-bed · 806 sqft 18 Oct 2023AED 1,600,0001,985 /sqft
- Completed2-bed · 1,337 sqft 15 Sep 2023AED 2,600,0001,943 /sqft
- CompletedStudio · 606 sqft 29 May 2023AED 1,325,0002,186 /sqft
Over the last 12 months, Reehan 2 has recorded 1 apartment sale. Typical homes sold for around AED 26K (about AED 32 per sqft) with a median size of 806 sqft; most were one-beds.
Units in Reehan 2
38 units- Unit 1011-bed · 1,113 sqftSold AED 1.85M, Sep 2024
- Unit 1021-bed · 806 sqftSold AED 26K, Jul 2026
- Unit 1032-bed · 1,318 sqftSold AED 2.5M, Jun 2017
- Unit 1042-bed · 1,412 sqftSold AED 2.8M, May 2024
- Unit 1053-bed · 1,873 sqftSold AED 2.75M, Aug 2015
- Unit 1061-bed · 1,010 sqftSold AED 2.38M, Oct 2015
- Unit 1071-bed · 1,013 sqftSold AED 1.31M, Aug 2010
- Unit 1082-bed · 1,338 sqftSold AED 2.05M, Jul 2012
- Unit 1092-bed · 2,970 sqftSold AED 5.7M, May 2024
- Unit 110Studio · 303 sqftSold AED 500K, Jul 2024
Nearby buildings in The Old Town
All 35 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Reehan 1 | 2006 | AED 2,377 | AED 127 | 5.3% |
| Yansoon 8 | 2006 | Few sales | AED 119 | |
| Zaafaran 1 | 2006 | AED 2,366 | AED 137 | 5.8% |
| Yansoon 6 | 2006 | AED 2,665 | AED 128 | 4.8% |
| Yansoon 1 | 2006 | AED 2,785 | AED 111 | 4.0% |
| Yansoon 7 | 2006 | AED 2,083 | AED 145 | 7.0% |
| Reehan 4 | 2006 | AED 1,979 | AED 122 | 6.2% |
| Zaafaran 5 | 2006 | Few sales | AED 117 | |
| Yansoon 5 | 2006 | AED 2,448 | AED 133 | 5.4% |
| Zaafaran 4 | 2006 | AED 2,329 | AED 128 | 5.5% |
Reehan 2 in numbers
- Across 1 DLD sale in the 12 months to October 2026, the median price in Reehan 2 was AED 32 per sqft and the typical home sold for about AED 26K.
- Completed in 2006 by Emaar; 3 floors of studios to three-beds; service charge AED 20.62 per sqft a year.
- An one-bed of 785 to 1,113 sqft rents for AED 82,000 to 150,000 a year on the 10 contracts registered in the last 12 months.
- Gross rental yield 384.2%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 24 October 2026.
Questions about Reehan 2
How much does an one-bed in Reehan 2 cost?
1 one-bed sold in the 12 months to October 2026; the median was AED 26,270, or AED 32 per sqft.
How much is an one-bed for rent in Reehan 2?
About AED 110,000 a year: that is the median of the 10 contracts for one-beds registered with Ejari in the 12 months to October 2026, from AED 82,000 to 150,000.
What is the rental yield in Reehan 2?
About 384.2% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in Reehan 2?
AED 20.62 per sqft a year. For a typical 806 sqft home that is about AED 16,600 a year.
Who built Reehan 2 and when?
Emaar; completed in 2006; 3 floors; 38 apartments.
How many apartments are there in Reehan 2?
38, studios to three-beds. Each has its own page with its full sales and rental history.
For sale with OpenOffers in The Old Town
No The Old Town property is on the board today. Follow The Old Town to hear the day one is listed, or see what is for sale across Dubai with every offer public.