304, Reehan 2
Sold prices and rental history: sold 4 times, last in July 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Reehan 2
What is 304 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,412 sqft
- Floor
- 3rd of 3
- Parking
- B-1043
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 29,100 /yr
- Last sold
- AED 2.45M · July 2018
- Building
- Reehan 2
About 304, Reehan 2
304 is a two-bedroom apartment of 1,412 sqft on the 3rd floor of Reehan 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 9 July 2018 for AED 2,450,000, or AED 1,735 per sqft.
It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 September 2024, is AED 175,000 a year: a gross yield of 7.1% on the 2018 price, before the service charge of about AED 29,100 a year.
Sales and rents for 304 over time
304 has sold 4 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 304 sits
All 15 2-beds →304's AED 175,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 May 202431 May 2024 | 2,970 sqft | 5,700,000 | 1,919 | ||
| 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 |
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 3rd floor
All 38 units in Reehan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 785 sqft | AED 1MAED 1,000,000 · Jan 2020January 2020 | 85,000 /yr | |
| 302 | 1-bed | 806 sqft | AED 1.6MAED 1,600,000 · Oct 2023October 2023 | 120,000 /yr | |
| 303 | 2-bed | 1,318 sqft | AED 1.62MAED 1,618,888 · Jul 2010July 2010 | 170,000 /yr | |
| 305 | 3-bed | 1,873 sqft | AED 3.91MAED 3,913,000 · Nov 2016November 2016 | 100,000 /yr | |
| 306 | 1-bed | 1,010 sqft | AED 1.35MAED 1,350,000 · Jan 2019January 2019 | 390,000 /yr | |
| 307 | 1-bed | 1,013 sqft | AED 670KAED 669,944 · May 2010May 2010 | ||
| 308 | 2-bed | 1,338 sqft | AED 863KAED 862,944 · Dec 2009December 2009 | 155,000 /yr | |
| 309 | 2-bed | 1,895 sqft | AED 4MAED 4,000,000 · Mar 2018March 2018 | ||
| 310 | Studio | 605 sqft | AED 734KAED 733,888 · May 2009May 2009 | 100,000 /yr | |
| 311 | 1-bed | 944 sqft | AED 2.1MAED 2,100,000 · Jan 2025January 2025 | 110,000 /yr |
304, Reehan 2 in numbers
- Sold 4 times: first on 16 June 2010 for AED 1,740,888, last on 9 July 2018 for AED 2,450,000 (AED 1,735 per sqft).
- Rented since January 2015 on 3 Ejari contracts, from AED 185,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2018 price is 7.1%, before a service charge of about AED 29,100 a year (AED 20.62 per sqft).
Source: Dubai Land Department. Updated 1 September 2024.
Questions about 304, Reehan 2
What did unit 304 last sell for?
AED 2,450,000 on 9 July 2018: AED 1,735 per sqft for 1,412 sqft. The unit has 4 registered sales; the first was AED 1,740,888 in June 2010.
What is the rent for unit 304?
AED 175,000 a year on the contract signed on 1 September 2024. The previous contract, from January 2016, was AED 175,000; the unit has been rented since January 2015.
How big is unit 304?
1,412 sqft (131.2 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.
What is unit 304 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 304, Reehan 2
Starts from the last sale price (AED 2.45M, 9 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,450,000
- Deposit, UAE resident (20%)
- AED 490,000
- Deposit, non-resident (40%)
- AED 980,000
- Monthly over 25 years at 3.7%
- AED 10,024
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →