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1-bed · 1,014 sqftReehan 3, The Old Town · 3rd floor · completed 2006

307, Reehan 3

Sold prices and rental history: sold twice, last in May 2023, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 23 May 2023
Last soldAED 1.68M23 May 2023
Current rentAED 96K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 307, Reehan 3

What is 307 worth today?

Last sold for AED 1,675,000 in 2023

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23 May 2023SoldReady
AED 1,675,000AED 1,651 per sqft
1 Feb 2022RentedNew contract
AED 96,000/yr12 months · AED 95 per sqft
26 Jul 2010Sold by developerReady
AED 1,274,888AED 1,257 per sqft

Source: Dubai Land Department. Updated 23 May 2023.

Key facts

Type
1-bed apartment
Size
1,014 sqft
Floor
3rd of 4
Parking
B-2181
Developer
Emaar
Completed
2006
Service charge
AED 20,900 /yr
Last sold
AED 1.68M · May 2023
Building
Reehan 3

About 307, Reehan 3

307 is a one-bedroom apartment of 1,014 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 23 May 2023 for AED 1,675,000, or AED 1,651 per sqft.

One Ejari contract is registered, from 1 February 2022. The current contract, signed on 1 February 2022, is AED 96,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 20,900 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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, July 2010: AED 1,274,888 (AED 1,257 per sqft)Sold, May 2023: AED 1,675,000 (AED 1,651 per sqft)

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

Rents
Unit 307, each contractTypical one-bed in Reehan 3
75K100K125K2013201720212025Typical 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, February 2022: AED 96,000 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 307 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. 307's AED 96,000 is in the lower half 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 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
3042-bedAED 2.6M · Nov 2023
3053-bedAED 2.17M · Oct 2012
3061-bedAED 2.3M · Nov 2024
3082-bedAED 1.95M · Oct 2012
1–7 of 10

307, Reehan 3 in numbers

  • Sold twice: first on 26 July 2010 for AED 1,274,888, last on 23 May 2023 for AED 1,675,000 (AED 1,651 per sqft).
  • Rented since February 2022 on one Ejari contract, at AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2023 price is 5.7%, 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 23 May 2023.

Questions about 307, Reehan 3

What did unit 307 last sell for?

AED 1,675,000 on 23 May 2023: AED 1,651 per sqft for 1,014 sqft. The unit has 2 registered sales; the first was AED 1,274,888 in July 2010.

What is the rent for unit 307?

AED 96,000 a year on the contract signed on 1 February 2022.

How big is unit 307?

1,014 sqft (94.2 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.

What is unit 307 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 307, Reehan 3

Starts from the last sale price (AED 1.68M, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,675,000
Deposit, UAE resident (20%)
AED 335,000
Deposit, non-resident (40%)
AED 670,000
Monthly over 25 years at 3.7%
AED 6,853

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