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2-bed · 1,412 sqftReehan 3, The Old Town · 3rd floor · completed 2006

304, Reehan 3

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 16 November 2023
Last soldAED 2.6M16 November 2023
Current rentAED 95K /yr20 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Reehan 3

What is 304 worth today?

Last sold for AED 2,600,000 in 2023

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16 Nov 2023SoldReady
AED 2,600,000AED 1,841 per sqft
20 Feb 2021RentedNew contract
AED 95,000/yr12 months · AED 67 per sqft
20 Feb 2019RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
1 Nov 2017RentedNew contract
AED 147,000/yr12 months · AED 104 per sqft
12 Oct 2016SoldReady
AED 2,400,000AED 1,699 per sqft
20 Aug 2016RentedRenewal
AED 165,000/yr12 months · AED 117 per sqft
20 Aug 2015RentedNew contract
AED 165,000/yr12 months · AED 117 per sqft
8 Dec 2014RentedNew contract
AED 155,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 16 November 2023.

Key facts

Type
2-bed apartment
Size
1,412 sqft
Floor
3rd of 4
Parking
B-2320
Developer
Emaar
Completed
2006
Service charge
AED 29,100 /yr
Last sold
AED 2.6M · November 2023
Building
Reehan 3

About 304, Reehan 3

304 is a two-bedroom apartment of 1,412 sqft on the 3rd floor of Reehan 3, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 16 November 2023 for AED 2,600,000, or AED 1,841 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 20 February 2021, is AED 95,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 29,100 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Reehan 3
2M3M2009201320172021Typical sale price by year: 2009 AED 1,598,888; 2010 AED 1,854,888; 2011 AED 1,725,888; 2012 AED 1,875,000; 2013 AED 3,250,000; 2021 AED 2,237,500Sold by developer, June 2010: AED 1,921,888 (AED 1,361 per sqft)Sold, October 2016: AED 2,400,000 (AED 1,699 per sqft)Sold, November 2023: AED 2,600,000 (AED 1,841 per sqft)

304 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 304, each contractTypical two-bed in Reehan 3
100K150K2013201720212025Typical rent by year: 2013 AED 152,500; 2014 AED 155,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 164,543; 2018 AED 137,500; 2019 AED 125,000; 2020 AED 108,500; 2021 AED 105,000; 2022 AED 130,000; 2023 AED 157,500; 2024 AED 170,000; 2025 AED 170,000; 2026 AED 156,000New contract, January 2013: AED 120,000 a yearNew contract, October 2013: AED 160,000 a yearNew contract, December 2014: AED 155,000 a yearNew contract, August 2015: AED 165,000 a yearRenewal, August 2016: AED 165,000 a yearNew contract, November 2017: AED 147,000 a yearNew contract, February 2019: AED 100,000 a yearNew contract, February 2021: AED 95,000 a year

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 304 sits

All 20 2-beds →

304's AED 95,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20243,000,000
5 Dec 20233,950,000
29 Jun 20222,150,000
3 Mar 20222,500,000
0 2-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 3rd floor

All 47 units in Reehan 3
Value
3011-bedAED 1.8M · Jul 2025
3021-bedAED 975K · Jul 2010
3032-bedAED 1.52M · Sep 2013
3053-bedAED 2.17M · Oct 2012
3061-bedAED 2.3M · Nov 2024
3071-bedAED 1.68M · May 2023
3082-bedAED 1.95M · Oct 2012
1–7 of 10

304, Reehan 3 in numbers

  • Sold 3 times: first on 22 June 2010 for AED 1,921,888, last on 16 November 2023 for AED 2,600,000 (AED 1,841 per sqft).
  • Rented since January 2013 on 8 Ejari contracts, from AED 120,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 29,100 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 16 November 2023.

Questions about 304, Reehan 3

What did unit 304 last sell for?

AED 2,600,000 on 16 November 2023: AED 1,841 per sqft for 1,412 sqft. The unit has 3 registered sales; the first was AED 1,921,888 in June 2010.

What is the rent for unit 304?

AED 95,000 a year on the contract signed on 20 February 2021. The previous contract, from February 2019, was AED 100,000; the unit has been rented since January 2013.

How big is unit 304?

1,412 sqft (131.2 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.

What is unit 304 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 304, Reehan 3

Starts from the last sale price (AED 2.6M, 16 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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