1-bed · 779 sqftReehan 3, The Old Town · 2nd floor · completed 2006

201, Reehan 3

Sold prices and rental history: sold twice, last in April 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 10 February 2021
Last soldAED 1.75M17 April 2016
Current rentAED 60K /yr10 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Reehan 3

What is 201 worth today?

Last sold for AED 1,750,000 in 2016

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10 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
20 Nov 2019RentedNew contract
AED 75,000/yr12 months · AED 97 per sqft
20 Nov 2018RentedRenewal
AED 90,000/yr12 months · AED 116 per sqft
20 Nov 2017RentedNew contract
AED 95,000/yr12 months · AED 123 per sqft
9 Jun 2016RentedNew contract
AED 125,000/yr12 months · AED 161 per sqft
17 Apr 2016SoldReady
AED 1,750,000AED 2,246 per sqft
9 Mar 2009Sold by developerReady
AED 964,888AED 1,238 per sqft

Source: Dubai Land Department. Updated 10 February 2021.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
2nd of 4
Parking
B-2234
Developer
Emaar
Completed
2006
Service charge
AED 16,100 /yr
Last sold
AED 1.75M · April 2016
Building
Reehan 3

About 201, Reehan 3

201 is a one-bedroom apartment of 779 sqft on the 2nd floor of Reehan 3, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 17 April 2016 for AED 1,750,000, or AED 2,246 per sqft.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 10 February 2021, is AED 60,000 a year: a gross yield of 3.4% on the 2016 price, before the service charge of about AED 16,100 a year.

Sales and rents for 201 over time

Sales
Unit 201, 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, March 2009: AED 964,888 (AED 1,238 per sqft)Sold, April 2016: AED 1,750,000 (AED 2,246 per sqft)

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

Rents
Unit 201, each contractTypical one-bed in Reehan 3
50K100K2013201720212025Typical 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, June 2016: AED 125,000 a yearNew contract, November 2017: AED 95,000 a yearRenewal, November 2018: AED 90,000 a yearNew contract, November 2019: AED 75,000 a yearNew contract, February 2021: AED 60,000 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 201 sits

All 19 1-beds →

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. 201's AED 60,000 is at the bottom 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 2nd floor

All 47 units in Reehan 3
Value
2021-bedAED 965K · Jul 2010
2032-bedAED 2.3M · Sep 2018
2042-bedAED 1.78M · Apr 2011
2053-bedAED 2.6M · May 2010
2061-bedAED 1.3M · Dec 2020
2071-bedAED 2M · May 2024
2082-bedAED 3M · Feb 2024
1–7 of 10

201, Reehan 3 in numbers

  • Sold twice: first on 9 March 2009 for AED 964,888, last on 17 April 2016 for AED 1,750,000 (AED 2,246 per sqft).
  • Rented since June 2016 on 5 Ejari contracts, from AED 125,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2016 price is 3.4%, before a service charge of about AED 16,100 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 10 February 2021.

Questions about 201, Reehan 3

What did unit 201 last sell for?

AED 1,750,000 on 17 April 2016: AED 2,246 per sqft for 779 sqft. The unit has 2 registered sales; the first was AED 964,888 in March 2009.

What is the rent for unit 201?

AED 60,000 a year on the contract signed on 10 February 2021. The previous contract, from November 2019, was AED 75,000; the unit has been rented since June 2016.

How big is unit 201?

779 sqft (72.4 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2006.

What is unit 201 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 201, Reehan 3

Starts from the last sale price (AED 1.75M, 17 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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