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1-bed · 944 sqftReehan 2, The Old Town · 1st floor · completed 2006

111, Reehan 2

Sold prices and rental history: sold once, by the developer in July 2009, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 19 September 2022
Last soldAED 1.2M26 July 2009
Current rentAED 90K /yr19 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 111, Reehan 2

What is 111 worth today?

Last sold for AED 1,197,888 in 2009

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19 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 95 per sqft
26 Jul 2009Sold by developerReady
AED 1,197,888AED 1,268 per sqft

Source: Dubai Land Department. Updated 19 September 2022.

Key facts

Type
1-bed apartment
Size
944 sqft
Floor
1st of 3
Parking
B-2337
Developer
Emaar
Completed
2006
Service charge
AED 19,500 /yr
Last sold
AED 1.2M · July 2009
Building
Reehan 2

About 111, Reehan 2

111 is a one-bedroom apartment of 944 sqft on the 1st floor of Reehan 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 26 July 2009 for AED 1,197,888, or AED 1,268 per sqft, in line with the AED 1,268 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 September 2022. The current contract, signed on 19 September 2022, is AED 90,000 a year: a gross yield of 7.5% on the 2009 price, before the service charge of about AED 19,500 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Reehan 2
1.2M1.25M200920102011Typical sale price by year: 2009 AED 1,197,888; 2010 AED 1,260,000Sold by developer, July 2009: AED 1,197,888 (AED 1,268 per sqft)

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

Rents
Unit 111, each contractTypical one-bed in Reehan 2
75K100K125K2013201720212025Typical rent by year: 2013 AED 108,000; 2014 AED 114,000; 2015 AED 115,500; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 76,500; 2021 AED 76,500; 2022 AED 83,000; 2023 AED 105,000; 2024 AED 108,750; 2025 AED 130,000; 2026 AED 113,750New contract, September 2022: AED 90,000 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 2, and where 111 sits

All 16 1-beds →

111 last sold in July 2009 at AED 1,268 per sqft, in line with what one-beds in Reehan 2 were fetching at the time (AED 1,268). Over the last 12 months one-beds sold for AED 26,270, around AED 32 per sqft, and rent for AED 82,000 to 150,000 a year. 111's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
31 Jul 202626,270
8 Jan 20252,100,000
12 Dec 20241,710,000
4 Sep 20241,850,000
1 1-bed sale in the last 12 months

Reehan 2

Building

38 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%
Reehan 2, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 38 units in Reehan 2
Value
1011-bedAED 1.85M · Sep 2024
1021-bedAED 26K · Jul 2026
1032-bedAED 2.5M · Jun 2017
1042-bedAED 2.8M · May 2024
1053-bedAED 2.75M · Aug 2015
1061-bedAED 2.38M · Oct 2015
1071-bedAED 1.31M · Aug 2010
1–7 of 10

111, Reehan 2 in numbers

  • Sold once: by Emaar on 26 July 2009 for AED 1,197,888, or AED 1,268 per sqft.
  • Rented since September 2022 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2009 price is 7.5%, before a service charge of about AED 19,500 a year (AED 20.62 per sqft).
  • One-beds in Reehan 2 sold for AED 26,270–26,270 in the 12 months to November 2026; the building's median across all types is AED 32 per sqft.

Source: Dubai Land Department. Updated 19 September 2022.

Questions about 111, Reehan 2

What did unit 111 last sell for?

AED 1,197,888 on 26 July 2009, sold by the developer: AED 1,268 per sqft for 944 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 90,000 a year on the contract signed on 19 September 2022.

How big is unit 111?

944 sqft (87.7 sqm): a one-bedroom apartment on the 1st floor of a 3-storey tower completed in 2006.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 2 sold for AED 26,270 to 26,270 in the last 12 months, around AED 32 per sqft.

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Mortgage on 111, Reehan 2

Starts from the last sale price (AED 1.2M, 26 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,197,888
Deposit, UAE resident (20%)
AED 239,578
Deposit, non-resident (40%)
AED 479,155
Monthly over 25 years at 3.7%
AED 4,901

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