1-bed · 946 sqftReehan 2, The Old Town · Ground floor · completed 2006

G11, Reehan 2

Sold prices and rental history: sold 4 times, last in December 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G11 · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 2M15 December 2022
Current rentAED 95K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G11, Reehan 2

What is G11 worth today?

Last sold for AED 2,000,000 in 2022

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15 Dec 2022SoldReady
AED 2,000,000AED 2,114 per sqft
1 Oct 2021RentedRenewal
AED 95,000/yr12 months · AED 100 per sqft
15 Oct 2020RentedRenewal
AED 98,844/yr12 months · AED 104 per sqft
15 Oct 2019RentedNew contract
AED 100,000/yr12 months · AED 106 per sqft
4 Apr 2013SoldReady
AED 1,750,000AED 1,849 per sqft
1 Apr 2009SoldReady
AED 1,850,000AED 1,955 per sqft
19 Feb 2009Sold by developerReady
AED 1,156,131AED 1,222 per sqft

Source: Dubai Land Department. Updated 15 December 2022.

Key facts

Type
1-bed apartment
Size
946 sqft
Floor
Ground of 3
Parking
B-2324
Developer
Emaar
Completed
2006
Service charge
AED 19,500 /yr
Last sold
AED 2M · December 2022
Building
Reehan 2

About G11, Reehan 2

G11 is a one-bedroom apartment of 946 sqft on the ground floor of Reehan 2, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 15 December 2022 for AED 2,000,000, or AED 2,114 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 95,000 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 19,500 a year.

Sales and rents for G11 over time

Sales
Unit G11, each saleTypical one-bed in Reehan 2
1.5M2M2009201320172021Typical sale price by year: 2009 AED 1,197,888; 2010 AED 1,260,000Sold by developer, February 2009: AED 1,156,131 (AED 1,222 per sqft)Sold, April 2009: AED 1,850,000 (AED 1,955 per sqft)Sold, April 2013: AED 1,750,000 (AED 1,849 per sqft)Sold, December 2022: AED 2,000,000 (AED 2,114 per sqft)

G11 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G11, 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 113,750New contract, October 2019: AED 100,000 a yearRenewal, October 2020: AED 98,844 a yearRenewal, October 2021: AED 95,000 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 G11 sits

All 16 1-beds →

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. G11's AED 95,000 is in the lower half of that range.

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 ground floor

All 38 units in Reehan 2
Value
G022-bedAED 2.28M · Apr 2017
G032-bedAED 1.8M · Nov 2010
G042-bedAED 2.95M · Dec 2022
G10StudioAED 1.33M · May 2023

G11, Reehan 2 in numbers

  • Sold 4 times: first on 19 February 2009 for AED 1,156,131, last on 15 December 2022 for AED 2,000,000 (AED 2,114 per sqft).
  • Rented since October 2019 on 3 Ejari contracts, from AED 100,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 4.8%, 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 15 December 2022.

Questions about G11, Reehan 2

What did unit G11 last sell for?

AED 2,000,000 on 15 December 2022: AED 2,114 per sqft for 946 sqft. The unit has 4 registered sales; the first was AED 1,156,131 in February 2009.

What is the rent for unit G11?

AED 95,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 98,844; the unit has been rented since October 2019.

How big is unit G11?

946 sqft (87.9 sqm): a one-bedroom apartment on the ground floor of a 3-storey tower completed in 2006.

What is unit G11 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 G11, Reehan 2

Starts from the last sale price (AED 2M, 15 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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