108, Reehan 3
Sold prices and rental history: sold twice, last in September 2019, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 108, Reehan 3
What is 108 worth today?
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Source: Dubai Land Department. Updated 25 September 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,338 sqft
- Floor
- 1st of 4
- Parking
- B-2236
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 27,600 /yr
- Last sold
- AED 1.6M · September 2019
- Building
- Reehan 3
About 108, Reehan 3
108 is a two-bedroom apartment of 1,338 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 25 September 2019 for AED 1,600,000, or AED 1,195 per sqft.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 25 April 2018, is AED 130,000 a year: a gross yield of 8.1% on the 2019 price, before the service charge of about AED 27,600 a year.
Sales and rents for 108 over time
108 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 108 sits
All 20 2-beds →108's AED 130,000 is in the lower half 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 | ||
| 29 Jun 202229 June 2022 | 1,412 sqft | 2,150,000 | 1,522 |
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 | |
| 104 | 2-bed | 1,412 sqft | AED 2.15MAED 2,150,000 · Jun 2022June 2022 | 105,000 /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 | |
| 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 |
108, Reehan 3 in numbers
- Sold twice: first on 27 July 2010 for AED 2,794,500, last on 25 September 2019 for AED 1,600,000 (AED 1,195 per sqft).
- Rented since May 2014 on 3 Ejari contracts, from AED 175,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2019 price is 8.1%, before a service charge of about AED 27,600 a year (AED 20.62 per sqft).
Source: Dubai Land Department. Updated 25 September 2019.
Questions about 108, Reehan 3
What did unit 108 last sell for?
AED 1,600,000 on 25 September 2019: AED 1,195 per sqft for 1,338 sqft. The unit has 2 registered sales; the first was AED 2,794,500 in July 2010.
What is the rent for unit 108?
AED 130,000 a year on the contract signed on 25 April 2018. The previous contract, from July 2016, was AED 150,000; the unit has been rented since May 2014.
How big is unit 108?
1,338 sqft (124.3 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2006.
What is unit 108 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 108, Reehan 3
Starts from the last sale price (AED 1.6M, 25 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →