306, Reehan 3
Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Reehan 3
What is 306 worth today?
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Source: Dubai Land Department. Updated 15 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,012 sqft
- Floor
- 3rd of 4
- Parking
- B-2233
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,900 /yr
- Last sold
- AED 2.3M · November 2024
- Building
- Reehan 3
About 306, Reehan 3
306 is a one-bedroom apartment of 1,012 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 15 November 2024 for AED 2,300,000, or AED 2,272 per sqft, 9% above the AED 2,086 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 9 October 2023, is AED 88,200 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 20,900 a year.
Sales and rents for 306 over time
306 has sold twice; the dashed line is the one-bed median of each year in the building.
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 306 sits
All 19 1-beds →306 last sold in November 2024 at AED 2,272 per sqft, 9% above what one-beds in Reehan 3 were fetching at the time (AED 2,086). 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. 306's AED 88,200 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 805 sqft | 30,521 | 37 | ||
| 12 Jan 202612 January 2026 | 805 sqft | 49,282 | 61 | ||
| 9 Jul 20259 July 2025 | 779 sqft | 1,800,000 | 2,310 | ||
| 28 Oct 202428 October 2024 | 805 sqft | 1,680,000 | 2,086 |
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 3rd floor
All 47 units in Reehan 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 779 sqft | AED 1.8MAED 1,800,000 · Jul 2025July 2025 | 110,000 /yr | |
| 302 | 1-bed | 805 sqft | AED 975KAED 974,888 · Jul 2010July 2010 | 115,500 /yr | |
| 303 | 2-bed | 1,328 sqft | AED 1.52MAED 1,521,755 · Sep 2013September 2013 | 162,750 /yr | |
| 304 | 2-bed | 1,412 sqft | AED 2.6MAED 2,600,000 · Nov 2023November 2023 | 95,000 /yr | |
| 305 | 3-bed | 1,878 sqft | AED 2.17MAED 2,167,500 · Oct 2012October 2012 | 130,000 /yr | |
| 307 | 1-bed | 1,014 sqft | AED 1.68MAED 1,675,000 · May 2023May 2023 | 96,000 /yr | |
| 308 | 2-bed | 1,338 sqft | AED 1.95MAED 1,950,000 · Oct 2012October 2012 | 170,000 /yr | |
| 309 | 3-bed | 2,155 sqft | AED 5.6MAED 5,600,000 · Mar 2025March 2025 | 280,000 /yr | |
| 310 | 2-bed | 1,282 sqft | AED 1.63MAED 1,628,888 · Jan 2009January 2009 | 180,234 /yr | |
| 311 | 1-bed | 946 sqft | AED 910KAED 910,000 · Mar 2011March 2011 | 129,000 /yr |
306, Reehan 3 in numbers
- Sold twice: first on 26 July 2010 for AED 1,274,888, last on 15 November 2024 for AED 2,300,000 (AED 2,272 per sqft).
- Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 80,000 in 2021 and recovered to AED 88,200 by October 2023.
- At AED 88,200 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 20,900 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 15 November 2024.
Questions about 306, Reehan 3
What did unit 306 last sell for?
AED 2,300,000 on 15 November 2024: AED 2,272 per sqft for 1,012 sqft. The unit has 2 registered sales; the first was AED 1,274,888 in July 2010.
What is the rent for unit 306?
AED 88,200 a year on the contract renewed on 9 October 2023. The previous contract, from October 2022, was AED 84,000; the unit has been rented since February 2014.
How big is unit 306?
1,012 sqft (94.0 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.
What is unit 306 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 306, Reehan 3
Starts from the last sale price (AED 2.3M, 15 November 2024). 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 →