104, Reehan 3
Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 104, Reehan 3
What is 104 worth today?
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Source: Dubai Land Department. Updated 29 June 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,412 sqft
- Floor
- 1st of 4
- Parking
- B-2232
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 29,100 /yr
- Last sold
- AED 2.15M · June 2022
- Building
- Reehan 3
About 104, Reehan 3
104 is a two-bedroom apartment of 1,412 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 29 June 2022 for AED 2,150,000, or AED 1,522 per sqft, 5% below the AED 1,603 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 18 October 2021, is AED 105,000 a year: a gross yield of 4.9% on the 2022 price, before the service charge of about AED 29,100 a year.
Sales and rents for 104 over time
104 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Reehan 3, and where 104 sits
All 20 2-beds →104 last sold in June 2022 at AED 1,522 per sqft, 5% below what two-beds in Reehan 3 were fetching at the time (AED 1,603). 104's AED 105,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20246 February 2024 | 1,338 sqft | 3,000,000 | 2,242 | ||
| 5 Dec 20235 December 2023 | 2,317 sqft | 3,950,000 | 1,704 | ||
| 16 Nov 202316 November 2023 | 1,412 sqft | 2,600,000 | 1,841 | ||
| 3 Mar 20223 March 2022 | 1,282 sqft | 2,500,000 | 1,950 |
Reehan 3
Building47 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%
Other units on the 1st floor
All 47 units in Reehan 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,113 sqft | AED 1.73MAED 1,730,000 · Jul 2015July 2015 | 103,000 /yr | |
| 102 | 1-bed | 805 sqft | AED 31KAED 30,521 · Jul 2026July 2026 | 116,000 /yr | |
| 103 | 2-bed | 1,328 sqft | AED 1.6MAED 1,598,888 · Jan 2009January 2009 | 156,000 /yr | |
| 105 | 3-bed | 1,878 sqft | AED 2.9MAED 2,900,000 · Mar 2013March 2013 | 220,000 /yr | |
| 106 | 1-bed | 1,012 sqft | AED 1.7MAED 1,700,000 · Oct 2009October 2009 | ||
| 107 | 1-bed | 1,014 sqft | AED 1.99MAED 1,985,000 · Jul 2010July 2010 | 110,000 /yr | |
| 108 | 2-bed | 1,338 sqft | AED 1.6MAED 1,600,000 · Sep 2019September 2019 | 130,000 /yr | |
| 109 | 3-bed | 2,155 sqft | AED 2.95MAED 2,950,000 · Mar 2021March 2021 | 230,000 /yr | |
| 110 | 2-bed | 1,282 sqft | AED 2.5MAED 2,500,000 · Mar 2022March 2022 | 190,000 /yr | |
| 111 | 1-bed | 946 sqft | AED 1.74MAED 1,740,000 · Jan 2015January 2015 | 129,000 /yr |
104, Reehan 3 in numbers
- Sold twice: first on 26 July 2010 for AED 1,720,888, last on 29 June 2022 for AED 2,150,000 (AED 1,522 per sqft).
- Rented since June 2015 on 7 Ejari contracts, from AED 82,500 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2022 price is 4.9%, before a service charge of about AED 29,100 a year (AED 20.62 per sqft).
Source: Dubai Land Department. Updated 29 June 2022.
Questions about 104, Reehan 3
What did unit 104 last sell for?
AED 2,150,000 on 29 June 2022: AED 1,522 per sqft for 1,412 sqft. The unit has 2 registered sales; the first was AED 1,720,888 in July 2010.
What is the rent for unit 104?
AED 105,000 a year on the contract renewed on 18 October 2021. The previous contract, from October 2020, was AED 105,000; the unit has been rented since June 2015.
How big is unit 104?
1,412 sqft (131.2 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2006.
What is unit 104 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 104, Reehan 3
Starts from the last sale price (AED 2.15M, 29 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →