1-bed · 1,013 sqftReehan 2, The Old Town · 3rd floor · completed 2006

307, Reehan 2

Sold prices and rental history: sold once, by the developer in May 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 30 May 2010
Last soldAED 670K30 May 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Reehan 2

What is 307 worth today?

Last sold for AED 669,944 in 2010

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30 May 2010Sold by developerReady
AED 669,944AED 661 per sqft

Source: Dubai Land Department. Updated 30 May 2010.

Key facts

Type
1-bed apartment
Size
1,013 sqft
Floor
3rd of 3
Parking
B-1048
Developer
Emaar
Completed
2006
Service charge
AED 20,900 /yr
Last sold
AED 670K · May 2010
Building
Reehan 2

About 307, Reehan 2

307 is a one-bedroom apartment of 1,013 sqft on the 3rd floor of Reehan 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 30 May 2010 for AED 669,944, or AED 661 per sqft, 48% below the AED 1,268 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Reehan 2
1M200920102011Typical sale price by year: 2009 AED 1,197,888; 2010 AED 1,260,000Sold by developer, May 2010: AED 669,944 (AED 661 per sqft)

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

Rents
Unit 307, 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 113,750

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 307 sits

All 16 1-beds →

307 last sold in May 2010 at AED 661 per sqft, 48% below 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.

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 3rd floor

All 38 units in Reehan 2
Value
3011-bedAED 1M · Jan 2020
3021-bedAED 1.6M · Oct 2023
3032-bedAED 1.62M · Jul 2010
3042-bedAED 2.45M · Jul 2018
3053-bedAED 3.91M · Nov 2016
3061-bedAED 1.35M · Jan 2019
3082-bedAED 863K · Dec 2009
1–7 of 10

307, Reehan 2 in numbers

  • Sold once: by Emaar on 30 May 2010 for AED 669,944, or AED 661 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 30 May 2010.

Questions about 307, Reehan 2

What did unit 307 last sell for?

AED 669,944 on 30 May 2010, sold by the developer: AED 661 per sqft for 1,013 sqft. It is the only registered sale of the unit.

How big is unit 307?

1,013 sqft (94.1 sqm): a one-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 307 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 307, Reehan 2

Starts from the last sale price (AED 670K, 30 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 669,944
Deposit, UAE resident (20%)
AED 133,989
Deposit, non-resident (40%)
AED 267,978
Monthly over 25 years at 3.7%
AED 2,741

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