109, Reehan 2
Sold prices and rental history: sold 3 times, last in May 2024, and rented once, from December 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 109, Reehan 2
What is 109 worth today?
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Source: Dubai Land Department. Updated 31 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,970 sqft
- Floor
- 1st of 3
- Parking
- B-2333,B-2334
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 61,200 /yr
- Last sold
- AED 5.7M · May 2024
- Building
- Reehan 2
About 109, Reehan 2
109 is a two-bedroom apartment of 2,970 sqft on the 1st floor of Reehan 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 31 May 2024 for AED 5,700,000, or AED 1,919 per sqft, in line with the AED 1,943 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 14 December 2018. The current contract, signed on 14 December 2018, is AED 175,000 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 61,200 a year.
Sales and rents for 109 over time
109 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Reehan 2, and where 109 sits
All 15 2-beds →109 last sold in May 2024 at AED 1,919 per sqft, in line with what two-beds in Reehan 2 were fetching at the time (AED 1,943). 109's AED 175,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 May 202410 May 2024 | 1,412 sqft | 2,800,000 | 1,982 | ||
| 15 Sep 202315 September 2023 | 1,338 sqft | 2,600,000 | 1,943 | ||
| 16 Dec 202216 December 2022 | 1,354 sqft | 2,950,000 | 2,178 | ||
| 26 Jan 202226 January 2022 | 1,318 sqft | 1,703,692 | 1,292 |
Reehan 2
Building38 apartments, studios to 3-bed over 3 floors in The Old Town, completed in 2006 by Emaar. 1 sold in the last 12 months.
- Typical price per sqft
- AED 32
- Typical sale
- AED 26K
- Typical rent
- AED 128K /yr
- Typical yield
- 384.2%
Other units on the 1st floor
All 38 units in Reehan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,113 sqft | AED 1.85MAED 1,850,000 · Sep 2024September 2024 | 135,000 /yr | |
| 102 | 1-bed | 806 sqft | AED 26KAED 26,270 · Jul 2026July 2026 | 90,000 /yr | |
| 103 | 2-bed | 1,318 sqft | AED 2.5MAED 2,500,000 · Jun 2017June 2017 | 175,000 /yr | |
| 104 | 2-bed | 1,412 sqft | AED 2.8MAED 2,800,000 · May 2024May 2024 | 140,000 /yr | |
| 105 | 3-bed | 1,873 sqft | AED 2.75MAED 2,750,000 · Aug 2015August 2015 | 252,000 /yr | |
| 106 | 1-bed | 1,010 sqft | AED 2.38MAED 2,375,000 · Oct 2015October 2015 | 150,000 /yr | |
| 107 | 1-bed | 1,013 sqft | AED 1.31MAED 1,306,888 · Aug 2010August 2010 | 150,000 /yr | |
| 108 | 2-bed | 1,338 sqft | AED 2.05MAED 2,050,000 · Jul 2012July 2012 | ||
| 110 | Studio | 303 sqft | AED 500KAED 500,000 · Jul 2024July 2024 | 80,000 /yr | |
| 111 | 1-bed | 944 sqft | AED 1.2MAED 1,197,888 · Jul 2009July 2009 | 90,000 /yr |
109, Reehan 2 in numbers
- Sold 3 times: first on 30 November 2010 for AED 7,800,000, last on 31 May 2024 for AED 5,700,000 (AED 1,919 per sqft).
- Rented since December 2018 on one Ejari contract, at AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2024 price is 3.1%, before a service charge of about AED 61,200 a year (AED 20.62 per sqft).
Source: Dubai Land Department. Updated 31 May 2024.
Questions about 109, Reehan 2
What did unit 109 last sell for?
AED 5,700,000 on 31 May 2024: AED 1,919 per sqft for 2,970 sqft. The unit has 3 registered sales; the first was AED 7,800,000 in November 2010.
What is the rent for unit 109?
AED 175,000 a year on the contract signed on 14 December 2018.
How big is unit 109?
2,970 sqft (275.9 sqm): a two-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.
What is unit 109 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 109, Reehan 2
Starts from the last sale price (AED 5.7M, 31 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,700,000
- Deposit, UAE resident (20%)
- AED 1,140,000
- Deposit, non-resident (40%)
- AED 2,280,000
- Monthly over 25 years at 3.7%
- AED 23,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →