308, Reehan 3
Sold prices and rental history: sold 3 times, last in October 2012, and rented once, from July 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Reehan 3
What is 308 worth today?
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Source: Dubai Land Department. Updated 14 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,338 sqft
- Floor
- 3rd of 4
- Parking
- B-2344
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 27,600 /yr
- Last sold
- AED 1.95M · October 2012
- Building
- Reehan 3
About 308, Reehan 3
308 is a two-bedroom apartment of 1,338 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 October 2012 for AED 1,950,000, or AED 1,457 per sqft, 4% above the AED 1,401 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 14 July 2023. The current contract, signed on 14 July 2023, is AED 170,000 a year: a gross yield of 8.7% on the 2012 price, before the service charge of about AED 27,600 a year.
Sales and rents for 308 over time
308 has sold 3 times; 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 308 sits
All 20 2-beds →308 last sold in October 2012 at AED 1,457 per sqft, 4% above what two-beds in Reehan 3 were fetching at the time (AED 1,401). 308's AED 170,000 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 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 | |
| 306 | 1-bed | 1,012 sqft | AED 2.3MAED 2,300,000 · Nov 2024November 2024 | 88,200 /yr | |
| 307 | 1-bed | 1,014 sqft | AED 1.68MAED 1,675,000 · May 2023May 2023 | 96,000 /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 |
308, Reehan 3 in numbers
- Sold 3 times: first on 14 August 2011 for AED 1,711,888, last on 23 October 2012 for AED 1,950,000 (AED 1,457 per sqft).
- Rented since July 2023 on one Ejari contract, at AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2012 price is 8.7%, before a service charge of about AED 27,600 a year (AED 20.62 per sqft).
Source: Dubai Land Department. Updated 14 July 2023.
Questions about 308, Reehan 3
What did unit 308 last sell for?
AED 1,950,000 on 23 October 2012: AED 1,457 per sqft for 1,338 sqft. The unit has 3 registered sales; the first was AED 1,711,888 in August 2011.
What is the rent for unit 308?
AED 170,000 a year on the contract signed on 14 July 2023.
How big is unit 308?
1,338 sqft (124.3 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2006.
What is unit 308 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 308, Reehan 3
Starts from the last sale price (AED 1.95M, 23 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,950,000
- Deposit, UAE resident (20%)
- AED 390,000
- Deposit, non-resident (40%)
- AED 780,000
- Monthly over 25 years at 3.7%
- AED 7,978
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →