3-bed · 1,873 sqftReehan 2, The Old Town · 3rd floor · completed 2006

305, Reehan 2

Sold prices and rental history: sold 4 times, last in November 2016, and rented once, from May 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 305 · DLD and Ejari recordsUpdated 13 May 2022

Last soldAED 3.91M20 November 2016

Current rentAED 100K /yr13 May 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 305, Reehan 2

Today

What is 305 worth today?

Last sold for AED 3,913,000 in 2016

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13 May 2022

13 May 2022RentedNew contract

AED 100,000/yr12 months · AED 53 per sqft

20 Nov 2016

20 Nov 2016SoldReady

AED 3,913,000AED 2,089 per sqft

24 Feb 2015

24 Feb 2015SoldReady

AED 5,200,000AED 2,776 per sqft

23 Feb 2012

23 Feb 2012SoldReady

AED 224,760AED 1,200 per sqft

21 Apr 2011

21 Apr 2011Sold by developerReady

AED 2,242,888AED 1,197 per sqft

Source: Dubai Land Department. Updated 13 May 2022.

Key facts

Type: 3-bed apartment
Size: 1,873 sqft
Floor: 3rd of 3
Parking: B-2343-2342
Developer: Emaar
Completed: 2006
Service charge: AED 38,600 /yr
Last sold: AED 3.91M · November 2016
Building: Reehan 2

About 305, Reehan 2

305 is a three-bedroom apartment of 1,873 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 20 November 2016 for AED 3,913,000, or AED 2,089 per sqft.

One Ejari contract is registered, from 13 May 2022. The current contract, signed on 13 May 2022, is AED 100,000 a year: a gross yield of 2.6% on the 2016 price, before the service charge of about AED 38,600 a year.

3-beds in Reehan 2, and where 305 sits

All 3 3-beds →

Reehan 2 · all types32 /sqft

Recent 3-bed sales	Size	Price (AED)	Per sqft
5 Aug 20155 August 2015	1,873 sqft	2,750,000	1,468
21 Apr 201121 April 2011	1,873 sqft	3,135,888	1,674
21 Apr 201121 April 2011	1,873 sqft	2,950,000	1,574
17 Mar 201117 March 2011	1,873 sqft	2,392,888	1,277

0 3-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 3rd floor

All 38 units in Reehan 2


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
304	2-bed	1,412 sqft	AED 2.45MAED 2,450,000 · Jul 2018July 2018	175,000 /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

1–7 of 10

305, Reehan 2 in numbers

Sold 4 times: first on 21 April 2011 for AED 2,242,888, last on 20 November 2016 for AED 3,913,000 (AED 2,089 per sqft).
Rented since May 2022 on one Ejari contract, at AED 100,000 a year.
At AED 100,000 a year the gross yield on the 2016 price is 2.6%, before a service charge of about AED 38,600 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 13 May 2022.

Questions about 305, Reehan 2

What did unit 305 last sell for?

AED 3,913,000 on 20 November 2016: AED 2,089 per sqft for 1,873 sqft. The unit has 4 registered sales; the first was AED 2,242,888 in April 2011.

What is the rent for unit 305?

AED 100,000 a year on the contract signed on 13 May 2022.

How big is unit 305?

1,873 sqft (174.0 sqm): a three-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 305 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 305, Reehan 2

Starts from the last sale price (AED 3.91M, 20 November 2016). Switch to today's estimate once you have unlocked it.

Price: AED 3,913,000
Deposit, UAE resident (20%): AED 782,600
Deposit, non-resident (40%): AED 1,565,200
Monthly over 25 years at 3.7%: AED 16,009

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