1-bed · 1,113 sqftReehan 3, The Old Town · 1st floor · completed 2006

101, Reehan 3

Sold prices and rental history: sold twice, last in July 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.73M2 July 2015
Current rentAED 103K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Reehan 3

What is 101 worth today?

Last sold for AED 1,730,000 in 2015

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1 Aug 2024RentedRenewal
AED 103,000/yr12 months · AED 93 per sqft
1 Aug 2023RentedNew contract
AED 103,000/yr12 months · AED 93 per sqft
1 Jun 2022RentedRenewal
AED 80,000/yr12 months · AED 72 per sqft
1 Jun 2021RentedRenewal
AED 80,000/yr12 months · AED 72 per sqft
1 Jun 2020RentedRenewal
AED 80,000/yr12 months · AED 72 per sqft
1 Jun 2019RentedNew contract
AED 80,000/yr12 months · AED 72 per sqft
10 Aug 2018RentedRenewal
AED 95,000/yr12 months · AED 86 per sqft
10 Aug 2017RentedNew contract
AED 95,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
1,113 sqft
Floor
1st of 4
Parking
B-2349
Developer
Emaar
Completed
2006
Service charge
AED 23,000 /yr
Last sold
AED 1.73M · July 2015
Building
Reehan 3

About 101, Reehan 3

101 is a one-bedroom apartment of 1,113 sqft on the 1st floor of Reehan 3, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 2 July 2015 for AED 1,730,000, or AED 1,554 per sqft, 15% below the AED 1,839 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 103,000 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 23,000 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical one-bed in Reehan 3
1M1.5M2M20092013201720212025Typical sale price by year: 2009 AED 1,259,888; 2010 AED 1,274,888; 2011 AED 910,000; 2015 AED 1,740,000; 2021 AED 1,400,000; 2024 AED 2,000,000Sold by developer, August 2010: AED 954,888 (AED 857 per sqft)Sold, July 2015: AED 1,730,000 (AED 1,554 per sqft)

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

Rents
Unit 101, each contractTypical one-bed in Reehan 3
75K100K125K2013201720212025Typical rent by year: 2013 AED 105,000; 2014 AED 105,000; 2015 AED 125,000; 2016 AED 127,500; 2017 AED 105,000; 2018 AED 110,000; 2019 AED 94,000; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 92,500; 2024 AED 115,000; 2025 AED 116,000; 2026 AED 112,750New contract, October 2013: AED 95,000 a yearNew contract, October 2014: AED 99,750 a yearNew contract, August 2017: AED 95,000 a yearRenewal, August 2018: AED 95,000 a yearNew contract, June 2019: AED 80,000 a yearRenewal, June 2020: AED 80,000 a yearRenewal, June 2021: AED 80,000 a yearRenewal, June 2022: AED 80,000 a yearNew contract, August 2023: AED 103,000 a yearRenewal, August 2024: AED 103,000 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 3, and where 101 sits

All 19 1-beds →

101 last sold in July 2015 at AED 1,554 per sqft, 15% below what one-beds in Reehan 3 were fetching at the time (AED 1,839). Over the last 12 months one-beds sold for AED 30,521 to 49,282, around AED 49 per sqft, and rent for AED 90,000 to 135,000 a year. 101's AED 103,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 202630,521
12 Jan 202649,282
9 Jul 20251,800,000
15 Nov 20242,300,000
2 1-bed sales in the last 12 months

Reehan 3

Building

47 apartments, 1-bed to 3-bed over 4 floors in The Old Town, completed in 2006 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 2,662
Typical sale
AED 5.75M
Typical rent
AED 138K /yr
Typical yield
4.4%
Reehan 3, The Old Town: prices, sales and rents →

Other units on the 1st floor

All 47 units in Reehan 3
Value
1021-bedAED 31K · Jul 2026
1032-bedAED 1.6M · Jan 2009
1042-bedAED 2.15M · Jun 2022
1053-bedAED 2.9M · Mar 2013
1061-bedAED 1.7M · Oct 2009
1071-bedAED 1.99M · Jul 2010
1082-bedAED 1.6M · Sep 2019
1–7 of 10

101, Reehan 3 in numbers

  • Sold twice: first on 17 August 2010 for AED 954,888, last on 2 July 2015 for AED 1,730,000 (AED 1,554 per sqft).
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2022 and recovered to AED 103,000 by August 2024.
  • At AED 103,000 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 23,000 a year (AED 20.62 per sqft).
  • One-beds in Reehan 3 sold for AED 30,521–49,282 in the 12 months to November 2026; the building's median across all types is AED 2,662 per sqft.

Source: Dubai Land Department. Updated 1 August 2024.

Questions about 101, Reehan 3

What did unit 101 last sell for?

AED 1,730,000 on 2 July 2015: AED 1,554 per sqft for 1,113 sqft. The unit has 2 registered sales; the first was AED 954,888 in August 2010.

What is the rent for unit 101?

AED 103,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 103,000; the unit has been rented since October 2013.

How big is unit 101?

1,113 sqft (103.4 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2006.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 3 sold for AED 30,521 to 49,282 in the last 12 months, around AED 49 per sqft.

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Mortgage on 101, Reehan 3

Starts from the last sale price (AED 1.73M, 2 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,730,000
Deposit, UAE resident (20%)
AED 346,000
Deposit, non-resident (40%)
AED 692,000
Monthly over 25 years at 3.7%
AED 7,078

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