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2-bed · 1,338 sqftReehan 2, The Old Town · 2nd floor · completed 2006

208, Reehan 2

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 15 September 2023
Last soldAED 2.6M15 September 2023
Current rentAED 115K /yr26 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, Reehan 2

What is 208 worth today?

Last sold for AED 2,600,000 in 2023

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15 Sep 2023SoldReady
AED 2,600,000AED 1,943 per sqft
26 Aug 2022RentedRenewal
AED 115,000/yr12 months · AED 86 per sqft
26 Aug 2021RentedRenewal
AED 105,000/yr12 months · AED 78 per sqft
26 Aug 2020RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
26 Aug 2019RentedRenewal
AED 122,500/yr12 months · AED 92 per sqft
25 Aug 2018RentedRenewal
AED 132,145/yr12 months · AED 99 per sqft
25 Aug 2017RentedRenewal
AED 146,000/yr12 months · AED 109 per sqft
25 Aug 2016RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 15 September 2023.

Key facts

Type
2-bed apartment
Size
1,338 sqft
Floor
2nd of 3
Parking
B-1037
Developer
Emaar
Completed
2006
Service charge
AED 27,600 /yr
Last sold
AED 2.6M · September 2023
Building
Reehan 2

About 208, Reehan 2

208 is a two-bedroom apartment of 1,338 sqft on the 2nd floor of Reehan 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 15 September 2023 for AED 2,600,000, or AED 1,943 per sqft.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 26 August 2022, is AED 115,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 27,600 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical two-bed in Reehan 2
2M3M2010201420182022Typical sale price by year: 2010 AED 1,800,000; 2012 AED 2,050,000; 2014 AED 3,250,000Sold by developer, July 2010: AED 2,640,000 (AED 1,973 per sqft)Sold, September 2014: AED 2,625,000 (AED 1,961 per sqft)Sold, September 2023: AED 2,600,000 (AED 1,943 per sqft)

208 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 208, each contractTypical two-bed in Reehan 2
100K150K2012201620202024Typical rent by year: 2014 AED 170,000; 2015 AED 170,000; 2016 AED 167,500; 2017 AED 155,500; 2018 AED 160,000; 2019 AED 130,000; 2020 AED 112,500; 2021 AED 110,000; 2022 AED 135,000; 2023 AED 157,500; 2024 AED 175,000; 2025 AED 175,000; 2026 AED 175,000New contract, October 2012: AED 112,500 a yearRenewal, October 2013: AED 118,020 a yearNew contract, October 2014: AED 167,500 a yearRenewal, October 2015: AED 167,500 a yearNew contract, August 2016: AED 140,000 a yearRenewal, August 2017: AED 146,000 a yearRenewal, August 2018: AED 132,145 a yearRenewal, August 2019: AED 122,500 a yearNew contract, August 2020: AED 100,000 a yearRenewal, August 2021: AED 105,000 a yearRenewal, August 2022: AED 115,000 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 2, and where 208 sits

All 15 2-beds →

208's AED 115,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 May 20245,700,000
10 May 20242,800,000
16 Dec 20222,950,000
26 Jan 20221,703,692
0 2-bed sales 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 2nd floor

All 38 units in Reehan 2
Value
2011-bedAED 965K · Jul 2010
2021-bedAED 965K · Jul 2010
2032-bedAED 1.7M · Jan 2022
2042-bedAED 1.68M · Dec 2012
2053-bedAED 2.39M · Mar 2011
2061-bedAED 1.7M · Apr 2017
2071-bedAED 1.8M · Mar 2014
1–7 of 10

208, Reehan 2 in numbers

  • Sold 3 times: first on 26 July 2010 for AED 2,640,000, last on 15 September 2023 for AED 2,600,000 (AED 1,943 per sqft).
  • Rented since October 2012 on 11 Ejari contracts. The rent fell from AED 112,500 to AED 100,000 in 2020 and recovered to AED 115,000 by August 2022.
  • At AED 115,000 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 27,600 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 15 September 2023.

Questions about 208, Reehan 2

What did unit 208 last sell for?

AED 2,600,000 on 15 September 2023: AED 1,943 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 2,640,000 in July 2010.

What is the rent for unit 208?

AED 115,000 a year on the contract renewed on 26 August 2022. The previous contract, from August 2021, was AED 105,000; the unit has been rented since October 2012.

How big is unit 208?

1,338 sqft (124.3 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 208 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 208, Reehan 2

Starts from the last sale price (AED 2.6M, 15 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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