203, Reehan 3
Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Reehan 3
What is 203 worth today?
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Source: Dubai Land Department. Updated 6 September 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,328 sqft
- Floor
- 2nd of 4
- Parking
- B-2317
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 27,400 /yr
- Last sold
- AED 2.3M · September 2018
- Building
- Reehan 3
About 203, Reehan 3
203 is a two-bedroom apartment of 1,328 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 6 September 2018 for AED 2,300,000, or AED 1,731 per sqft.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 March 2017, is AED 150,000 a year: a gross yield of 6.5% on the 2018 price, before the service charge of about AED 27,400 a year.
Sales and rents for 203 over time
203 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 203 sits
All 20 2-beds →203's AED 150,000 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 2nd floor
All 47 units in Reehan 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 779 sqft | AED 1.75MAED 1,750,000 · Apr 2016April 2016 | 60,000 /yr | |
| 202 | 1-bed | 805 sqft | AED 965KAED 964,888 · Jul 2010July 2010 | 90,000 /yr | |
| 204 | 2-bed | 1,412 sqft | AED 1.78MAED 1,783,888 · Apr 2011April 2011 | ||
| 205 | 3-bed | 1,878 sqft | AED 2.6MAED 2,596,888 · May 2010May 2010 | 285,000 /yr | |
| 206 | 1-bed | 1,012 sqft | AED 1.3MAED 1,300,000 · Dec 2020December 2020 | 80,000 /yr | |
| 207 | 1-bed | 1,014 sqft | AED 2MAED 2,000,000 · May 2024May 2024 | 137,500 /yr | |
| 208 | 2-bed | 1,338 sqft | AED 3MAED 3,000,000 · Feb 2024February 2024 | 155,000 /yr | |
| 209 | 3-bed | 2,155 sqft | AED 2.1MAED 2,100,000 · Dec 2010December 2010 | ||
| 210 | 2-bed | 1,282 sqft | AED 2.86MAED 2,858,000 · Mar 2014March 2014 | 136,500 /yr | |
| 211 | 1-bed | 946 sqft | AED 1.4MAED 1,400,000 · Apr 2021April 2021 | 135,000 /yr |
203, Reehan 3 in numbers
- Sold twice: first on 26 July 2010 for AED 1,608,888, last on 6 September 2018 for AED 2,300,000 (AED 1,731 per sqft).
- Rented since March 2013 on 5 Ejari contracts, from AED 120,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2018 price is 6.5%, before a service charge of about AED 27,400 a year (AED 20.62 per sqft).
Source: Dubai Land Department. Updated 6 September 2018.
Questions about 203, Reehan 3
What did unit 203 last sell for?
AED 2,300,000 on 6 September 2018: AED 1,731 per sqft for 1,328 sqft. The unit has 2 registered sales; the first was AED 1,608,888 in July 2010.
What is the rent for unit 203?
AED 150,000 a year on the contract renewed on 1 March 2017. The previous contract, from February 2016, was AED 149,555; the unit has been rented since March 2013.
How big is unit 203?
1,328 sqft (123.4 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2006.
What is unit 203 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 203, Reehan 3
Starts from the last sale price (AED 2.3M, 6 September 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →