1-bed · 944 sqftReehan 2, The Old Town · 3rd floor · completed 2006

311, Reehan 2

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 8 January 2025
Last soldAED 2.1M8 January 2025
Current rentAED 110K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Reehan 2

What is 311 worth today?

Last sold for AED 2,100,000 in 2025

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8 Jan 2025SoldReady
AED 2,100,000AED 2,224 per sqft
15 Oct 2023RentedNew contract
AED 110,000/yr12 months · AED 116 per sqft
22 Sep 2022RentedRenewal
AED 80,000/yr12 months · AED 84 per sqft
22 Sep 2021RentedRenewal
AED 75,000/yr12 months · AED 79 per sqft
22 Sep 2020RentedRenewal
AED 75,000/yr12 months · AED 79 per sqft
22 Sep 2019RentedRenewal
AED 85,000/yr12 months · AED 90 per sqft
22 Sep 2018RentedRenewal
AED 95,000/yr12 months · AED 100 per sqft
22 Sep 2017RentedNew contract
AED 100,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 8 January 2025.

Key facts

Type
1-bed apartment
Size
944 sqft
Floor
3rd of 3
Parking
B-2329
Developer
Emaar
Completed
2006
Service charge
AED 19,500 /yr
Last sold
AED 2.1M · January 2025
Building
Reehan 2

About 311, Reehan 2

311 is a one-bedroom apartment of 944 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 8 January 2025 for AED 2,100,000, or AED 2,224 per sqft, 5% above the AED 2,121 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 15 October 2023, is AED 110,000 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 19,500 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in Reehan 2
1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,197,888; 2010 AED 1,260,000Sold by developer, July 2010: AED 1,600,000 (AED 1,694 per sqft)Sold, January 2025: AED 2,100,000 (AED 2,224 per sqft)

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

Rents
Unit 311, each contractTypical one-bed in Reehan 2
100K150K2013201720212025Typical 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, February 2015: AED 156,000 a yearNew contract, September 2016: AED 105,000 a yearNew contract, September 2017: AED 100,000 a yearRenewal, September 2018: AED 95,000 a yearRenewal, September 2019: AED 85,000 a yearRenewal, September 2020: AED 75,000 a yearRenewal, September 2021: AED 75,000 a yearRenewal, September 2022: AED 80,000 a yearNew contract, October 2023: AED 110,000 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 311 sits

All 16 1-beds →

311 last sold in January 2025 at AED 2,224 per sqft, 5% above what one-beds in Reehan 2 were fetching at the time (AED 2,121). 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. 311's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
31 Jul 202626,270
12 Dec 20241,710,000
4 Sep 20241,850,000
18 Oct 20231,600,000
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
3071-bedAED 670K · May 2010
1–7 of 10

311, Reehan 2 in numbers

  • Sold twice: first on 26 July 2010 for AED 1,600,000, last on 8 January 2025 for AED 2,100,000 (AED 2,224 per sqft).
  • Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 156,000 to AED 75,000 in 2021 and recovered to AED 110,000 by October 2023.
  • At AED 110,000 a year the gross yield on the 2025 price is 5.2%, 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 8 January 2025.

Questions about 311, Reehan 2

What did unit 311 last sell for?

AED 2,100,000 on 8 January 2025: AED 2,224 per sqft for 944 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in July 2010.

What is the rent for unit 311?

AED 110,000 a year on the contract signed on 15 October 2023. The previous contract, from September 2022, was AED 80,000; the unit has been rented since February 2015.

How big is unit 311?

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

What is unit 311 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 311, Reehan 2

Starts from the last sale price (AED 2.1M, 8 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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